We're all familiar with the story of the young man or woman with absolutely nothing who worked hard to make enough money to open that business, and now have it all. The overall tale behind Bill Gates' rise to multi-billionaire is one of these; he started building computers in his garage, and now has one of the largest computer empires in the world.
This trope is the exact opposite of that; it's the story of someone who used to have everything, and now finds themselves with nothing.
If the character is from the most blue in hue of bloods, they may be an Impoverished Patrician
. If the character continues on as they did when they were rich, they may be a Princess in Rags
. If the character stops being an Alpha Bitch
and is revealed to be insecure or to have other sympathetic traits that make the audience like her, this might be a Fallen Princess
- Emperor Kusko in The Emperor's New Groove
- The Prince in the fairy Tale of the Prince and the Pauper
- Cordelia in Buffy the Vampire Slayer when her father loses all his money.
- Zander Crews in the opening episodes of the second season of Frisky Dingo - he's gone from the head of a company with billions of dollars to living in a refrigerator box.