Porn king Guccione bust

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  • Jack Frost
    Confirmed User
    • Aug 2005
    • 301

    #1

    Porn king Guccione bust

    PORN king Bob Guccione has had his £22million home repossessed as he battles bankruptcy.

    The founder of Penthouse magazine ? once worth around £200million ? is almost skint, say sources.

    Now he has been kicked out of his ?70s-style New York pad, complete with mirrored ceilings, gold chandeliers, indoor pool and marble floors.

    Three-times wed Guccione, 75, who has battled throat cancer, failed to repay a £14million bank loan.
    http://www.thesun.co.uk/article/0,,2-2006060028,00.html
  • s9ann0
    Confirmed User
    • Sep 2001
    • 4873

    #2
    i feel bad

    Comment

    • sonofsam
      Too lazy to set a custom title
      • Dec 2004
      • 18648

      #3
      from riches to rags

      ouch.
      I like turtles.

      Comment

      • JFK
        FUBAR the ORIGINATOR
        • Jan 2002
        • 67369

        #4
        Too bad, I liked his magazine way back when. I guess he was the last and the least sucessfull among the big 3, to adapt to the new medium.

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        Comment

        • KRL
          Entrepreneur
          • Oct 2002
          • 31429

          #5
          Karma rocks!

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          • King Adam
            Confirmed User
            • Jul 2003
            • 5408

            #6
            I find it amazing how people can go from rich to broke. Once you are rich you should never ever go broke.

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            • Booger
              At least I make a living at this
              • Jan 2005
              • 621

              #7
              Originally posted by KRL
              Karma rocks!

              He was a bag of shit with legs

              Comment

              • gornyhuy
                Chafed.
                • May 2002
                • 18041

                #8
                Whats so hard about socking away several million in overseas accounts when you are loaded?

                Then you quietly move to mexico or Costa Rica and chill.

                icq:159548293

                Comment

                • jacked
                  sperm tail
                  • May 2004
                  • 11019

                  #9
                  thats fucking horrible and they just had him on VH1 or MTV showing off his pimp ass house in NYC... it was out of fucking control
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                  Comment

                  • Joesho
                    want to get in shape
                    • Jan 2003
                    • 12329

                    #10
                    The lesson here , be careful who you surround yourself with when / if you become rich.

                    'NEVER NEVER NEVER UNDERESTIMATE THE OTHER GUYS GREED"
                    Got any domains to sell?
                    I proudly host all my stuff at www.rackco.com

                    Comment

                    • SilentKnight
                      Megan Fox's fluffer
                      • Oct 2005
                      • 24812

                      #11
                      Chalk up another 'successful' iBill business endeavour...

                      Comment

                      • MichaelP
                        Registered User
                        • Aug 2003
                        • 7123

                        #12
                        Originally posted by Booger
                        He was a bag of shit with legs
                        Like you knew the man...

                        When you will accomplish 1/1000 of what he did, then you can trash talk...

                        Until then

                        Comment

                        • MichaelP
                          Registered User
                          • Aug 2003
                          • 7123

                          #13
                          Originally posted by JFK
                          Too bad, I liked his magazine way back when. I guess he was the last and the least sucessfull among the big 3, to adapt to the new medium.
                          True... Ironically, I have a
                          Penthouse Partners at the top of this page while I'm typing...

                          Few years ago, with Carl Wachter, we were trying to convince him to go ahead with a cash program.... Bob was a true Old School...

                          Needless to say that I was very happy to see Penthouse back on track with the new Management. Actually, Mike is doing a wonderfull job
                          Last edited by MichaelP; 02-06-2006, 06:48 AM.

                          Comment

                          • Joesho
                            want to get in shape
                            • Jan 2003
                            • 12329

                            #14
                            Mike seemed like a very intuitive person and one that is working hard to get the internet side of Penthouse back in order. I am sure he will do well for them.

                            I just wish his hands were not so tied.
                            Got any domains to sell?
                            I proudly host all my stuff at www.rackco.com

                            Comment

                            • sfera
                              Confirmed User
                              • Aug 2005
                              • 8597

                              #15
                              well its his fault, you cant be irresponsible with your money

                              Comment

                              • RayBonga
                                too cool for highschool
                                • Nov 2005
                                • 12164

                                #16
                                This could actually be a lesson to all of us that drive around in supercars we can barely afford.



                                What I'm I saying this could never happen to us.

                                Comment

                                • Webby
                                  Too lazy to set a custom title
                                  • Oct 2002
                                  • 14956

                                  #17
                                  Originally posted by RayBonga
                                  This could actually be a lesson to all of us that drive around in supercars we can barely afford.



                                  What I'm I saying this could never happen to us.
                                  You think??

                                  I can count, tho it's only on one hand, the number of people who were multi-millionaires and screwed it - it's not too hard. You may be surprised that some of em lost via "external reasons" which were mainly outside their control.

                                  As a person, Bob is a nice guy - pehaps too nice when there a leeches and scumbags hanging on. Last time I met him was almost 20 years ago - and there were financial problems then and doubt the rot was cut out at that time . Ya can drift on for decades in a rut as long as their are funds to support it, but the crunch time comes eventually.

                                  Bob will do nicely despite the crap - when you are in mid 70's and got a few mill, who gives a shit? It's still more than the wannabees on GFY will ever have
                                  Last edited by Webby; 02-06-2006, 07:27 AM.
                                  XXX TLD's - Another mosquito to swat.

                                  Comment

                                  • tony299
                                    lurker
                                    • Aug 2002
                                    • 57021

                                    #18
                                    this should be a lesson how no planning and uncontroled spending can ruin anyone.

                                    Comment

                                    • jjjay
                                      Registered User
                                      • Jun 2005
                                      • 1813

                                      #19
                                      Originally posted by Webby
                                      Ya can drift on for decades in a rut as long as their are funds to support it, but the crunch time comes eventually.
                                      whenever someone now says "when it comes to the crunch" i always think of the mighty boosh. nevermind, i guess no one here knows what I'm talking about...

                                      Comment

                                      • EdgeXXX
                                        Confirmed User
                                        • Oct 2005
                                        • 5816

                                        #20
                                        Screw him, how much for his NYC 70's pad????

                                        .
                                        .
                                        .
                                        .

                                        I have a sig

                                        Comment

                                        • Shaft_1971
                                          Confirmed User
                                          • May 2005
                                          • 1711

                                          #21
                                          Originally posted by gornyhuy
                                          Whats so hard about socking away several million in overseas accounts when you are loaded?

                                          Then you quietly move to mexico or Costa Rica and chill.

                                          How do we know he doesn't have a few mil hiding somewhere???
                                          SHAFT
                                          Skype: Shaft_1971

                                          Email: [email protected]

                                          Email: [email protected]

                                          Comment

                                          • G-Rotica
                                            Confirmed User
                                            • Aug 2005
                                            • 4258

                                            #22
                                            I'd stash a lot if I had that kind of cash.

                                            Comment

                                            • AlienQ - BANNED FOR LIFE
                                              best designer on GFY
                                              • Mar 2003
                                              • 30307

                                              #23
                                              They should have put me on Pay Roll...

                                              Comment

                                              • WME
                                                Confirmed User
                                                • May 2004
                                                • 1005

                                                #24
                                                I feel sad for the dude.
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