From $ 100 million to nothing – biographer claims John McAfee was broke when he died

From $ 100 million to nothing – biographer claims John McAfee was broke when he died – Bitcoin News

July 18, 2021

Shortly before anti-virus tycoon John McAfee was found dead in Spain, he told the public from prison that the US federal authorities had confiscated all of his property and that he had “nothing”. Now a biographer writing a McAfee-based bio has confirmed McAfee’s story. Author Mark Eglinton says McAfee couldn’t pay for the requested bio either.

McAfee was unable to pay the requested biography costs

In 1987, John McAfee wrote the first commercial antivirus software, sold his stake in the company in 1994 and resigned. According to reports, McAfee’s net worth peaked at $ 100 million by 2007, but his funds are said to have evaporated quickly during the 2008 financial crisis.

From $ 100 million to nothing - biographer claims John McAfee was broke when he died — A picture of John McAfee when he lived in Belize for a few years. McAfee’s antivirus company, called McAfee, was acquired by Intel for $ 7.6 billion in 2010. After Intel changed the company’s name to “Intel Security,” McAfee issued a statement stating that it was “stripped of this terrible association with the worst software in the world.” In 2016, Intel renamed again and changed the name back to McAfee.

McAfee started nearly ten companies after leaving the antivirus software company and lived in Belize for a few years. McAfee returned to the United States in 2013 when it was revealed that he had been questioned by Belize authorities about murder.

Speaking to the publication dailymail.co.uk, Mark Eglinton, a writer who worked on the McAfee biography, said the former antivirus tycoon was broke. The author’s book is titled “No Domain: The John McAfee Tapes” and contains numerous interviews with McAfee.

I built this home for over $ 37 million in 1993, including land and outbuildings. I sold it for less than $ 5 million in 2005. The man who bought it couldn’t afford the $ 3 million a year to get it and went bankrupt. 50+ bedrooms. 75 bathrooms. WTF? #Getreal pic.twitter.com/eLlzgI1djv

– John McAfee (@officialmcafee) June 7, 2018

Eglinton told Dailymail this week that McAfee was unable to pay for the requested bio towards the end. “I don’t doubt he could have helped,” Eglinton insisted. McAfee told him at the time:

I can’t, my financial situation is worse than yours.

Biograph claims that McAfee built extravagant homes and bought “absolutely bizarre properties”

Reports have stated on countless occasions that McAfee lost his fortune during the 2008 financial crisis, but Eglinton dismissed that theory. “We learned a lot about where he’s spent his money over the years,” Eglinton said during his interview. “He had his money in very secure facilities, but he built houses, absolutely bizarre properties. For some of them he never slept a night on the property, ”added the biographer. Due to the Great Recession, some of McAfee’s properties were sold at significant losses.

For example, the report notes that McAfee once owned property in Woodland Park, Colorado that was once valued at $ 25 million when the property was purchased. The property was later auctioned off to a commodities trader in 2007 for $ 5.72 million. Dailymail reporter Keith Griffith asked Eglinton about McAfee’s last tweet from prison when he told people the US had confiscated all of his assets.

“The US thinks I have hidden crypto,” McAfee tweeted before it was over. “I wish I had, but it has been dissolved through the many hands of Team McAfee (your conviction is not required) and my remaining assets will all be confiscated. My friends fled for fear of union. I do not have anything. Still, I have no regrets. “

Eglinton told Griffith that McAfee preferred to brag about being rich than admit he was broke. Before McAfee’s last tweet and his problems with US law enforcement, it was reasonable to assume that McAfee still had a lot of cash to spare.

“Instead of pretending he didn’t, I think he pretended he did,” Eglinton said. The biographer further noted that the book will show a page of McAfee that people haven’t actually seen. “What will surprise people about this book is the deep philosophy of John McAfee,” concluded Eglinton’s interview.

What do you think of the biographer who claims John McAfee was broke before he died? Let us know what you think about this story in the comments below.

Photo credits: Shutterstock, Pixabay, Wiki Commons

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