Post on 10-Feb-2017
Thomas !Jefferson
• Accrued somewhere between $1 and $2 million in debt during his lifetime!
• His fame kept creditors away while he was alive, but his family had to sell much of his property to pay off his debts after death
George McGovern
• Amassed around $113,000 in campaign debt in 1984!
• Opened a hotel four years later that shuttered and fell into bankruptcy in less than two years
Linda McMahon
• Racked up about $1 million in debt in 1976!
• Later made up for it and had a net worth of $376 million when she ran for US Senate from Connecticut in 2010
Abraham Lincoln
• Owned a general store early in life that amassed $1,000 in debt!
• Was brought to court and took several years to pay back what he owed
Marco !Rubio
• Rubio has long struggled with debt for everything from education to mortgages!
• His money problems ended after an $800,000 book deal in 2012, but he then decided to spend $80,000 on a luxury speedboat!
• While Mitt Romney’s campaign was vetting Rubio as a possible running mate, his careless decisions made them reconsider