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Simon Cowell Reveals He Was Over $300K in Debt During His Late 20s

Summary by US Magazine
Simon Cowell went through a bout of bankruptcy during the early days of his career in his late 20s. “I had started a label with about £4,000 or £5,000, and someone had backed me financially. The guy who backed me … his company was bought by another company or something — I can’t remember — and that company went bust,” Cowell, 66, said during his appearance on the “How to Fail” podcast, released on Monday, January 6. “I was in debt.” He continued…

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US Magazine broke the news in United States on Monday, January 5, 2026.
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