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Celebrity That Lost A Fortune: Ulysses S. Grant

Midnight Man

By Midnight Man

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Ulysses S. Grant was the 18th President of the United States and graduated in 1843 from the United States Military Academy at West Point. After leaving the office the President he settled down in New York and invested his money into a Wall Street firm. Unfortunately, one of the firm's partners wasn't very trustworthy and embezzled much of its investors' money, leading it to declare bankruptcy. Grant did the same soon after.

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