With this so called Recession, thousands of people are going bankrupt everyday and at the lowest point ever! Today’s list is to show you guys that although times are tough and you think you have lots everything and your to old to have another chance, well your wrong!

I was once told that you arn’t a true entrepreneur if you haven’t gone bankrupt at least once! Well Walt Disney shows us how its done, he was fired by a newspaper editor because “he lacked imagination and had no good ideas.” He went bankrupt several times before he built Disneyland. In fact, the proposed park was rejected by the city of Anaheim on the grounds that it would only attract riffraff.

It is also noteable that I have included the founder of Penthouse and the blogger Perez Hilton both web entrepreneurs! The difference between them and the others on the list is that their money is new money, made in the last 10 years! If you would like to follow in their foot steps then check out my FREE 7 day eCourse to making money online!

30 Entrepreneurs Who Went Bankrupt

Name	Birthdate	Profession	Bankruptcy Date	Eventual Net Worth
Henry Ford	July 30, 1863	Founder of Ford Motor	1903	$188,000,000,000
Donald Trump	June 14, 1946	Real Estate Developer	1990	$3,000,000,000
Walt Disney	December 5, 1901	Founder of Disney	1921	$1,100,000,000
Anna Nicole Smith	November 28, 1967	Model, Actress	1996	$450,000,000
H.J. Heinz	October 11, 1844	Founder of Heinz	1875	$400,000,000
George Foreman	January 5, 1949	Boxer/Grill Spokesman	1983	$300,000,000
Bob Guccione	December 17, 1930	Founder of Penthouse	2003	$400,000,000
Kim Basinger	December 8, 1953	Actress	1993	$250,000,000
Clarence Saunders	August 9, 1881	Founder of Piggly Wigglies (Now Safeway)	1922	$180,000,000
Milton Hershey	September 13, 1857	Founder of Hershey	1880	$150,000,000
Larry King	November 19, 1933	News Anchor	1978	$144,000,000
William C. Durant	December 8, 1861	Founder of General Motors and Chevrolet	1936	$120,000,000
Ulysses S. Grant	April 27, 1822	President	1881	$95,100,000
Francis Ford Coppola	April 7, 1939	Film Director	1990	$67,400,000
Isaac Hayes	August 20, 1942	Singer, Actor	1976	$50,000,000
MC Hammer	March 30, 1962	Rapper	1996	$33,000,000
Wayne Newton	April 3, 1942	Singer, Actor	1992	$30,000,000
Burt Reynolds	February 11, 1936	Actor	1996	$30,000,000
P.T. Barnum	July 5, 1810	Showman	1856	$25,000,000
Mick Fleetwood	June 24, 1947	Musician, Activist	1984	$25,000,000
Randy Quaid	October 1, 1950	Actor	2000	$25,000,000
Stan Lee	December 28, 1922	Founder of Marvel	2000	$20,000,000
Abraham Lincoln	February 12, 1809	President	1833	$18,400,000
John Connally	February 27, 1917	Govenor of Texas	1988	$11,000,000
Heidi Fleiss	December 30, 1965	Hollywood Madame	1998	$10,000,000
Perez Hilton	March 23, 1978	Blogger	2005	$10,000,000
Buffalo Bill	February 26, 1846	Showman	1913	$8,000,000
William McKinley	January 29, 1843	President	1893	$7,500,000
Jerry Lee Lewis	September 29, 1935	Singer, Songwriter, Pianist	1988	$5,000,000
Benedict Arnold	January 14, 1741	Major General	1779	$2,500,000

To our success in 2009,

Michael Dunlop

PS. What are you doing to beat this recession?