This guy is a pathetic idiot who never learned the value of a dollar or, it seems, arithmetic. His family's fabulous wealth led him to have certain expectations. Those expectations, as reported in the article, can't be funded out of $14M, no matter what the state of the real estate market. Even the most basic level of scrutiny would have made this clear.
He sounds like a whiny little idiot, angry about 14 million dollars. If he wasn't such an idiot, he'd have been fine for the rest of his life.
With sound money management, this whole thing could have been avoided..