You are here

Lessons in loss from the ultrawealthy

Dov Charney's share of American Apparel was estimated at over US$65 million in May 2014 and is now virtually worthless.

New York

DOV Charney, founder of the now-bankrupt retailer American Apparel, and Sam Wyly, who has bought and sold a dozen companies over the decades, from computer companies to steak houses, were both larger-than-life characters with checkbooks to match.

But the two self-made men

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom