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Rising from a less fortunate background to success is a common path for cricketers. However, life’s risk can quickly change fortunes. Some formerly rich players have experienced sudden bankruptcy, going from riches to rags.
Bankruptcy among cricketers is not uncommon, nor is it isolated. Several well-known players have experienced this harsh reality, turning their lives into a nightmare.
Let’s have a look at the famous superrich cricketers who went completely bankrupt
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Vinod Kambli
Vinod Kambli currently depends completely on the BCCI’s monthly stipend of Rs. 30,000. He was once a rising celebrity in India but now struggles to make ends meet, showing a dramatic fall.
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Adam Hollioake
Adam Hollioake’s businesses were severely impacted by the 2008 recession, leaving him unable to repay loans, contributing to his financial downfall.
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Mathew Sinclair
Following his retirement from cricket in 2013, Mathew Sinclair faced difficulty finding employment due to insufficient qualifications outside of cricket, underscoring his challenging circumstances.
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Chris Cairns
After 2013, Chris Cairns faced bankruptcy and took menial jobs like cleaning toilets and buses to survive, while also battling health issues.
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Craig McDermott
Craig McDermott fell victim to the 2008 recession, owing 40 million Australian dollars to investors and subsequently filing for bankruptcy. Despite his contributions to Australia’s cricket history, he faced significant financial hardship.
These stories serve as poignant reminders of the precarious nature of fame and fortune in the world of cricket, where financial stability can quickly dissipate.
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