Comments on: 30 Entrepreneurs That Lost Lots Of Money This Recession

By: Lynn Brown

Lynn Brown — Sun, 13 Mar 2011 03:26:37 +0000

Thanks Michael for a very interesting post. I know you are showing a list of 30, but there were far more losses than listed here. Although, I believe this is the balance that needed to happen to bring awareness about how important it is to have more transparency when it comes to Wall Street, investors, investments and the governmnet!

I look forward to the small business and online entrepreneurs to build us up and keep us moving forward. The internet has proven to be an important part in the success for so many. It will continue to do so as long as you realize it still takes a lot of hard work!

By: Will Richards

Will Richards — Sat, 21 Nov 2009 19:01:42 +0000

I doubt if many of them lose any sleep over their reduced fortunes. It is just a case of ‘one door closes, and other one opens!’

By: Yoga Mom

Yoga Mom — Fri, 16 Oct 2009 16:01:18 +0000

Even though they are all still Billionaires I have a little bit of sympathy for them. It is all what you are used to having and perhaps it was a stressfull time for them. If one is attached to the money then losing it would hurt. If one were not attached it would be ok.

It would be very interesting to ask each if it was stressful for them not having the money or if the amounts are just numbers to them?

By: My220x

My220x — Tue, 12 May 2009 08:10:04 +0000

These people have lost a lot of money and is a bit of a downer but we need to keep strong, keep on working and drive our businesses forward!

By: ray

ray — Thu, 07 May 2009 19:30:50 +0000

why is it that one of these billion dollar guys can’t provide a measly 5 million so that we can complete the funding for our electric (battery-powered) vehicle company …any thoughts? …..

By: YLTO

YLTO — Wed, 08 Apr 2009 13:47:40 +0000

Another Good List Michael.

By: Daniel Matthews

Daniel Matthews — Fri, 27 Mar 2009 17:41:05 +0000

Michael is right, the people that have no intention of simply sitting back and watching the financial crisis unfold, are the bare few that will make a success of themselves.

I for one am extremely excited, the recession has brought an amazing business opportunity upon myself and i intend to take full advantage. If you can start up well in a recession, imagine the effect on your business when the economy becomes stable once again!

By: Ganesh - Online Bull

Ganesh - Online Bull — Wed, 18 Mar 2009 04:09:46 +0000

Many Indian billionaires have lost quite a bit. I read in a news report that many hundreds of people who were billionaires last year, and not in the list this year. This is too bad.

I agree with Nate, those who lost it this year, will again make it back to the top next year.

By: Widodo

Widodo — Wed, 18 Mar 2009 02:43:02 +0000

Still, losing billions will not force them to live on the street or making a living as a scavenger. Think about the families and children whose father or mother made a living by working in their companies and were forced to leave the companies because of economic downturn.

I just hope internet business will flourish and enable the distribution of wealth to many common men and women.

So these common men and women will not have to depend or put the well beings of their families on the hands of these billionaires.

By: Renelda

Renelda — Wed, 18 Mar 2009 00:31:53 +0000

Losing money for these folks is like losing $1.00. I don’t think they feel the effect. Everyone is suffering some how with the economy.