Complex sentence: When he died in 2008, some obituaries noted that, Hartford "had once ranked among the world's richest people", but he squandered most of his fortune on investments and business decisions over the years.
Split into simpler sentences: When he died in 2008, some obituaries noted that, Hartford "had once ranked among the world's richest people". But Hartford squandered most of his fortune on investments and business decisions over the years.