Wilde Declared Bankrupt
Poet involved
What happened
Following the costs of his failed libel suit and criminal trials, Wilde was declared bankrupt in London, England, and his possessions, including his library, were sold at auction. The financial ruin compounded the personal devastation of his imprisonment.
Literary impact
The loss of his home, possessions, and income left Wilde destitute, a hardship that deepened the themes of suffering and social exile expressed in 'The Ballad of Reading Gaol' and 'De Profundis.'
Source: Wikipedia
