Abraham Shakespeare: Net Worth And Life Story

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The story of Abraham Shakespeare is a tragic one, marked by a lottery win that ultimately led to his demise. This article explores his net worth at the time of his death and the circumstances surrounding his life.

Who Was Abraham Shakespeare?

Abraham Shakespeare was an American construction worker who won a $30 million lottery jackpot in 2006. Hailing from Lakeland, Florida, his life took a dramatic turn after his win, attracting both opportunists and those seeking a piece of his newfound wealth.

Abraham Shakespeare's Net Worth

At the time of his death in 2009, Abraham Shakespeare's net worth was significantly diminished from his original lottery winnings. After taxes and initial distributions, he received approximately $17 million. However, due to poor financial decisions, alleged exploitation by individuals around him, and his own generosity, most of the money was gone within a few years. Estimates suggest that his net worth had dwindled to a few million dollars or less by the time he died.

The Lottery Curse

Shakespeare's story is often cited as an example of the "lottery curse," where sudden wealth leads to misfortune. He faced numerous lawsuits, constant requests for money, and strained relationships. His inability to manage the wealth and the people who sought to exploit him contributed to his financial downfall.

Dee Dee Moore and Shakespeare's Death

Dee Dee Moore befriended Shakespeare and claimed to be his financial advisor. However, she was later convicted of first-degree murder in connection with his death. Moore was found to have systematically defrauded Shakespeare, siphoning off his remaining assets. His body was discovered buried in the backyard of a home she owned.

The Aftermath

Abraham Shakespeare's story serves as a cautionary tale about the potential pitfalls of sudden wealth and the importance of financial literacy. His life and tragic end continue to be a subject of interest and discussion, highlighting the need for proper guidance and protection for lottery winners.