All Is Not As It Seemed, Crazy John!

In a blog from last year, “Who pushed Your Buttons in the past?” I mentioned the story of “Crazy John” Ilham who had recently passed away suddenly at the age of 42, from a heart attack while out jogging/walking his dog. I also mentioned that, John was an Australian success story come true, and that “ Recently John’s personal wealth was valued at 310 Million making him Australia’s 126th richest Person.”

Well it now seems that that wealth was either non-existent or grossly over estimated. Court documents recently released state that his assets are in fact only $14.5 Million, but worse his liabilities were/are $19.5 million.

Another case of all not being as it seems on the surface, isn’t it? Sometimes it is easy to be jealous of people like that who seem to have it all and living the Australian dream” when in fact they are not even as well off as we are, as they own nothing, owe everything and often see it all blow away with the wind with a sudden change of the stock market or business in general.

So when you see high flyers like that, don’t envy them. If you must show any emotion, show them pity, for when they fall, great will be there fall, because they have further to fall than we do. So what about you today? Are you too perhaps over extending yourself and your assets and need to just stop and take stock of your real situation? If so, don’t delay. Who knows how long (or short) you may have to get things rights? Walter