Money can buy a lot of things, but freedom isn’t always one of them. Although it’s true that wealthy people can afford the best lawyers to help them escape the long arm of the law, some of them are caught and made examples of. Here are 15 millionaires and billionaires who despite their wealth, have served or are currently serving time behind bars.
Chinese billionaire Huang Guangyu’s career trajectory was once an inspiring one. After leaving behind his impoverished home as a teenager, he built himself an electronics retail empire and was considered to be the wealthiest man in China by the time he was 36. But in 2008, his rags-to-riches story was overshadowed by accusations of stock market manipulation, bribery, and insider trading. Guangyu was fined, his assets were seized, and he is currently serving a 14-year prison sentence.