From $ 100 million to nothing – Biographer claims John McAfee was broke to his death – Bitcoin News
Just before antivirus mogul John McAfee was found dead in Spain, he told the public from prison that US federal authorities had seized all of his assets and that he had “nothing”. Today, a biographer who writes a biography based on McAfee corroborated the McAfee story. Author Mark Eglinton says McAfee was also unable to pay for the requested biography.
McAfee was unable to pay the requested biography fee
In 1987 John McAfee wrote the first commercial-grade antivirus software and in 1994 he sold his stake in the company and resigned. In 2007, reports show that McAfee’s net wealth peaked at $ 100 million, but his funds were said to have quickly evaporated during the 2008 financial crisis.
McAfee started nearly ten companies after leaving the antivirus software company and he resided in Belize for several years. In 2013, McAfee returned to the United States when it was discovered he was being questioned for murder by authorities in Belize.
Speaking to the publication dailymail.co.uk, Mark Eglinton, an author who was working on the McAfee biography mentionned the former antivirus mogul was broke. The author’s book is titled “No Domain: The John McAfee BandsAnd it contains a large amount of interviews with McAfee.
I built this house in 1993, at a cost, land and outbuildings included, of over $ 37 million. I sold it in 2005 for less than $ 5 million. The man who bought it couldn’t afford the $ 3 million a year to maintain it and went bankrupt. 50+ bedrooms. 75 bathrooms. WTF? #Getreal pic.twitter.com/eLlzgI1djv
– John McAfee (@officialmcafee) June 7, 2018
Eglinton explained to Dailymail this week that towards the end, McAfee was unable to afford the requested biography expenses. “I have no doubt that if he could have helped he would have done it,” Eglinton insisted. McAfee told him at the time:
I can’t do it, my financial situation is worse than yours.
Biographer claims McAfee built extravagant homes and bought “absolutely bizarre properties”
Reports have repeatedly noted that McAfee lost his fortune in the 2008 financial crisis, but Eglinton rejected this theory. âWe’ve looked a lot at where he’s spent his money over the years,â Eglinton said during his interview. âHe had his money in very safe investments, but he built houses, absolutely bizarre properties. Some of them, he never slept a night in the property, âadded the biographer. Due to the Great Recession, some McAfee properties were sold at significant losses.
For example, the report notes that McAfee once owned a complex in Woodland Park, Colorado, which was once valued at $ 25 million when he purchased the property. The property was then auctioned off in 2007 to a commodities trader for $ 5.72 million. Dailymail reporter Keith Griffith asked Eglinton about McAfee’s latest tweet in prison when he told people the United States had seized all of his wealth.
“The United States thinks I hid the crypto,” McAfee tweeted before it passes. âI would have liked to have done it, but it has dissolved in the many hands of the McAfee team (your conviction is not required), and my remaining assets are all foreclosed. My friends evaporated for fear of association. I have nothing. However, I do not regret anything.
Eglinton told Griffith that McAfee liked to brag about being rich rather than admitting he was broke. Ahead of McAfee’s final tweet and his troubles with US law enforcement, one could assume that McAfee still had plenty of money at his disposal.
âRather than pretending he didn’t have it, I think he pretended he did,â Eglinton said. The biographer further noted that the book will feature a side of McAfee that people haven’t really seen. âWhat will surprise people about this book is John McAfee’s core philosophy,â Eglinton’s interview concluded.
What do you think of the biographer who says John McAfee was broke before he died? Let us know what you think of this story in the comments section below.
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