Want to know how Michael Vick burned through his fortune? The Smoking Gun has the story and below are the highlights (click on the images to enlarge).
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Befuddled 
I think I read $709K at a wine and spirits shop (but $460K+ more than he put into his charitable foundation). Wow.
That blew me away too. Priorities, huh?
Glad to provide the link to you. What would it have been like to have just the interest off the money he blew!