14) Suge Knight
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Suge Knight, the infamous co-founder of Death Row Records, exemplifies how a factor of power, violence, and inadequate financial management can lead to bankruptcy.
Once managing some of the world's most innovative musicians, including Tupac and Dr. Dre, Knight filed for bankruptcy in 2006 with $100 million in debt. His financial collapse was triggered by a combination of legal issues, unpaid legal fees, and the eventual bankruptcy of Death Row Records itself, which faced mounting debts and lawsuits. Knight's financial troubles were compounded by his criminal activities, leading him to jail numerous times.
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Edited by Sezal Srivastava
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