Mickey Rooney had to file for bankruptcy in 1962 due to mismanagement of his finances. Shortly before his death in 2014 at age 93, he alleged mistreatment by some family members and testified before Congress about what he alleged was physical abuse and exploitation by family members. By the end of his life, his millions in earnings had dwindled to an estate that was valued at only $18,000. He died owing medical bills and back taxes, and contributions were solicited from the public. Rooney was born Joseph Yule, Jr. on September 23, 1920, in Brooklyn, New York, the only child of vaudevillians
Joseph Lanier Jr. Joseph Lanier Jr. Joseph Lanier Jr. is an American heir and businessman. His great–grandfather, LaFayette Lanier, founded the Alabama and Georgia Manufacturing Company in 1866. By 1882, it became known as the West Point Manufacturing Company. It specialized in sails for clipper ships and cotton covers for the Conestoga wagons that crossed the prairies. In the 1980s, Joseph Lamar Lanier Jr. took over, focusing on brand-name product lines such as Lady Pepperell sheets and towels and Cabin Crafts carpets. In 1989, he reluctantly sold it to William F. Farley, Chairman of Farley, Inc., and received US$4 million in golden parachute.