Mike Tyson blew millions of dollars

According to reports on the internet, Hollywood actor Nicolas Cage is broke.

It seems quite a shock when it happens to a high-flying celebrity like that, because sportsmen are the most common victims – especially boxers, although not exclusively.

Mike Tyson is probably the most famous case, but there have been many others.

In South Africa there are several boxers who earned good money during their careers but now they are broke. It’s sad that they could not invest their money wisely (it’s amazing how many of them decided to open businesses, which almost always went under).

The thing about these sportsmen is that they have until their 30s to make their money before their earning potential is over.

Cage, on the other hand, is 45 and still making movies. Mind you, I remember reading somewhere that Elvis Presley was less than a year away from going bankrupt when he died.

If you believe in coincidence, how about this – Elvis’s birthday is January 8 and Cage’s is January 7! Also born on January 7 is Corrie Sanders, South Africa’s former heavyweight star who is now also broke.

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