Usain Bolt: “I’m Not Broke” Despite Losing US$12 Million in Fraud

Vijay
By Vijay 2 Min Read
Track and Field Legend Usain Bolt Lost US$12 Million, But Denies Being Broke

Despite losing over US$12 million, track and field legend Usain Bolt made it clear he is not broke.

Bolt, who was speaking for the first time since news broke of a multi-million dollar fraud rock Stocks and Securities Limited (SSL) investment firm, expressed his disappointment.

“Im not broke,” he answered his a smile when asked about his financial status.
But, despite not being broke, Bolt said, “It has definitely put a damper on me. It was for my future. Everybody knows I have three kids and still looking after my parents.”

Track and Field Legend Usain Bolt Lost US$12 Million, But Denies Being Broke
Track and Field Legend Usain Bolt Lost US$12 Million, But Denies Being Broke

Bolt’s lawyer reported that his client’s account had a balance of greater than US$12 million at the end of October 2022, but by the end of the year, only US$12,000 was left, indicating a loss of over US$12 million.

Bolt said base on the comments in the public domain, he is as “confused as the public” as to what happened.

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13 Comments
  • Who’s even entertaining such a thought at a time like this? Further more to even publish such nonsense is a shame!!! Disrespectful to this man & his achievements, I hate to see it!!!

  • You don’t need to explained anything to anyone they just trying to know more about your business let them believe what they want

  • So what if he’s broke he’s still young & it’s his money it wasn’t given to him he *earns* it

  • Puma alone paid him $10 million a year, so he’s not broke, but that $12 million was his retirement money. He should have invested with Berkshire Hathaway. Sad this is what Bolt gets for being loyal to a Jamaican company Stocks and Securities Ltd. that did nothing but rob him.

  • Even if that $12M was all of his money he still has a contract with Puma and other companies paying him millions. He’ll make back the $12M in a few years.

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