Because they are stupid. These owners hand idiots millions and that is it. No education on how to deal with money. Alot, not all, but alot of these guys haven't seen any money ever in their lives then wham... 1 million, 5 million 10 million. WHat are they supposed to do. They don't know what to do with or how to handle it. Then, instead of some responsible ADULT handling there cash they hand it over to agents or accountants brought in by there agents. Stupid is as stupid does.