Reply With Quote
What? To this guy it was. He ended his life because he was only worth a measly 9 billion as opposed to 12.
further assuring that money isn't everything.
-------------------------------------------------------------------
German billionaire kills self, family says
(CNN) -- German billionaire Adolf Merckle, one of the richest men in the world, committed suicide Monday after his business empire got into trouble in the wake of the international financial crisis, Merckle's family said Tuesday in a statement.
Merckle, 74, was hit by a train in the southwestern town of Ulm, police said.
His family said the economic crisis had "broken" Merckle.
He was number 94 on the Forbes list of the world's richest people. He had fallen from number 44 on the Forbes 2007 rich list as his fortune declined from $12.8 billion to $9.2 billion in 2008.
Merckle's business empire included interests as diverse as cement-maker HeidelbergCement and generic drug-maker Ratiopharm. But he lost hundreds of millions of dollars, including company capital, betting against Volkswagen stock last year.
The state government of Baden-Wuerttemberg rejected his pe ion for financial assistance, and he entered bailout talks with several German banks.
"The financial troubles of his companies, induced by the international financial crisis and the uncertainty and powerlessness to act independently which the financial problems brought about, broke the passionate family business man, and he took his own life," his family wrote in the news release.
An employee of Germany's railroad company found the body on the tracks at about 7 p.m. Monday and notified authorities. Merckle's family had already reported him missing earlier in the day after he walked out of the house and did not return. Authorities are currently conducting DNA tests to confirm his iden y.
What? To this guy it was. He ended his life because he was only worth a measly 9 billion as opposed to 12.
Its probably not about the money anymore, its the self validation for him.
Money can't buy happiness, but it can rent a damn good subs ute.
The man lost 3.6 billion dollars last year. Who can really blame him for killing himself? Any rational person would do the same thing.
So you're saying Congress is irrational then?
But he still had 9 Billion left over? If I had 9 billion, I'd perfectly comfortable taking 4.5 of it and burning it in an incinerator.
My guess is that he lost everything. We'll find out soon enough I suppose.
It's hard to feed your family on only $9.2 billion.
That would be my guess too. The suicide rate among billionaires must be a very low figure.
You damn right!
dropped from 44 to 94 of the richest people in the world
awww poor ing baby good riddance
How will his family survive? we should start a paypal fund.
Ridiculous.
Like a few said, he must have lost everything. Otherwise, he is an incredible bag.
If a German was going to kill himself, why couldn't it have been Dirk Nowitski?
he had to have lost everything
who the kills themselves with 9 billion in the bank?
money buys anything you want.
Why a train?
THAT's how you want to go out?? LOL
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
