riches to rags
The phrase "riches to rags" describes a reversal of fortune, highlighting a transition from wealth to poverty, often due to misfortune or poor decisions.
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Definition
C1Economics and Social Commentary
(idiomatic)A transition from financial wealth and prosperity to poverty and hardship.
Example
- The novel tells the story of a man who experiences a riches to rags journey.
- After the stock market crash, many investors went from riches to rags.
Similar
Terms that have similar or relatively close meanings to "riches to rags":