A mistake with money is not uncommon for most people to make over the course of their lives. The average person could put their money into a bad investment or rack up credit card debt. Billionaires, on the other hand, have financial mishaps that can cost them millions of dollars if deals go south.
Typically, the richest 1% can recover over time, as well as make future mistakes with their money. However, these kinds of errors are likely ones that the average person doesn’t have the luxury to make.
