Former world champion lost $10 million due to financial illiteracy

Sergey Kovalev, a former light heavyweight champion of the world, recorded a video in which he told how he lost $ 10 million due to financial illiteracy.

“Yes, I lost 10 million dollars. With my success in the ring, large amounts of money began to come to me, which turned my head. Naturally, I was not ready for this. Many sucker friends began to stick to me with very interesting business projects, in which, of course, I willingly invested. And in the end, they were all just fairy tales about a white bull... One of my latest projects is a cannabis farm, in which I invested a lot of money and, in the end, lost money financially, lost friends, relationships and partners. Since I now have a lot of free time, I am engaged in financial literacy so as not to get involved in such stories anymore.