Terrance Watanabe, is a business man that inherited a small fortune from his father, and is now the CEO of a company his fathered started in the 1930's, the Oriental Trading Company. But he isn't known for his business exploits. Instead, Terrance entered the limelight after he revealed to his family that he lost close to $127 Million in 2007 to Harrah's Entertainment Inc in Las Vegas.
Casino employees stated that Terrance would often gamble for 24 hours straight, and lose up to $5 Million in a single day. Furthermore, Terrance was allowed to break casino rules and play three hands of blackjack at once.
