Famous people who filed Bankruptcy and became successful
Filed Bankruptcy when his first automotive company failed. His second automotive company failed also. Finally, he created Ford Motor Company and nearly ran out of cash in that venture before it became successful. It's interesting to note that he was 40 when he founded Ford Motor Co., proving that it's never too late for a second (or third) chance.
The founder of the condiment company went bankrupt before introducing a new condiment, ketchup.
The famous author lost nearly all his money investing in an invention called the Paige Compositor. Although he discharged all his debts through bankrutpcy, he eventually repaid them all through money he earned giving lectures in Europe.
Failed in various business ventures, leading to bankruptcy, before eventually attaining success with his circus, "The Greatest Show On Earth."
Other notable people who went on to succeed after bankruptcy
Milton Hershey (Founder of Hershey Foods)