David Milch Gambled Away $100 Million

Tical

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Crazy story

Judging from the accounts of several men and women who know him well, he is a person of extreme talent but also extreme behavior. Now a lawsuit, which was filed last year and is proceeding in Los Angeles Superior Court in Santa Monica, indicates that he lost $25 million from gambling between 2000 and 2011 alone. Colleagues estimate he has earned more than $100 million across his three-decade Hollywood career, but the lawsuit reveals he is left with $17 million in debts.

That marks a breathtaking financial fall for one of the most admired creative figures ever to grace the world of television. "He's in debt to the IRS," says one friend. "He's doing what he can, but it's hard for him and everyone close to him."

www.hollywoodreporter.com/features/david-milch-made-100m-gambled-866184
 

duckbutta

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Insane. I can understand pretty much every vice except already-rich people gambling.

They always think they are going to make it back.

Where the average working man gambles and loses money and eventually says "I got to stop or I won't be able to pay my rent or mortgage"...hollywood rich man just keeps gambling and says "i will just have another hit show/movie so fukk it put me down for 25,000 more"
 
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betting on horses :facepalm:

and the article says he was an expert handicapper. he owned several horses, was in the business & had info the general public didn't have. he just overdid it

great article by norm macdonald about gambling. i remember he told a story about throwing like 50 g's into the ocean cause he was so sick of it

Norm Macdonald's Keeping Resolutions, Vol. 1: A Plan in the Desert
 

NotAnFBIagent

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The Guru

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100 million :whoo: Those benders must have been splendiferously godlike. Walk into a room, drop a million and bounce.
 
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