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TIL – According to a 2009 Sports Illustrated article, 60 percent of former NBA players are broke within five years of retirement. By the time they have been retired for two years, 78% of former NFL players have gone bankrupt or are under financial stress

by whatilearned July 31, 2022, 1:16 pm

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TIL Indian businessman Anil Ambani was once the sixth richest person in the world to later declare bankrupt with zero networth after considering his liabilities

by whatilearned June 10, 2022, 7:08 pm

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What industry would be the first to go bankrupt if everybody on earth suddenly gained an increased intelligence?

by QuestionGuy April 16, 2022, 11:45 pm

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TIL that while impressed by his book “Philosophiae Naturalis Principia Mathematica”, the UK’s science academy couldn’t publish Isaac Newton’s book due to being nearly bankrupt from spending all of its money printing the “History of Fish”. Thankfully, scientist Edmond Halley’s funded the printing.

by whatilearned April 4, 2022, 1:30 pm

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TIL that Mars One was a Dutch organization that gathered investment to send first humans on Mars but their idea was considered implausible by experts, eventually ending up bankrupt.

by whatilearned January 17, 2022, 1:15 pm

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Why did a cheetah’s company go bankrupt?

by cringeyjokesman December 4, 2021, 1:44 am

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TIL that Oskar Schindler abandoned his wife after going bankrupt and returned to Germany, leaving her in Argentina. They never saw each other again in the 20 years before his death, though they remained married. The final scene of Schindler’s List was her first time ever seeing his grave.

by whatilearned November 30, 2021, 3:28 pm

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TIL, that despite going bankrupt Enron refused to take their name off the Houston Astros’ stadium until the they agreed to a payout

by whatilearned November 17, 2021, 11:09 pm

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TIL that Henry James Heinz first got involved in packaging foodstuffs by founding a company that sold bottled horseradish, sauerkraut, vinegar, and pickles in 1869. It went bankrupt in 1875 and the company we know today was founded a year afterwards. It was named the H. J. Heinz company in 1888

by whatilearned October 11, 2021, 8:02 pm

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TIL up to 78% of NFL players go bankrupt or fall into severe financial stress within just two years of retirement.

by whatilearned September 29, 2021, 6:06 pm

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Me and my French girlfriend started a bakery in Paris with our life savings. It didn’t take off. I went bankrupt. She left me.

by cringeyjokesman August 19, 2021, 7:51 am

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TIL that in central Turkey, there is a vast ghost town with 583 Disney castle houses which was abandoned after the construction company went bankrupt due to the fact that noone bought these houses

by whatilearned July 18, 2021, 6:36 pm

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