kolkron, Mercle lost his fortune by buying a chunk of stock VW.He lost nearly E200 million. His creditor about 30 bank had closed in on him. Mercle did not invest China stocks. Kolkron, don't make up story.
he didnt loose his fortune.Just 500 million .They say his companies were in a bad financial state.He was still worth billions when he died unless we do not know something.
That's a bit harsh, man! Because of him and his family, over the years, so many people have been able to derive an income, raise a family, send kids to schools, watch them grow up. It's just very unfortunate that things don't always work out (capitalism), business cycles, and business risks.
In 2007 He was worth 12.8 billion USD by most estimates(Forbes) and by Dec. 2008 he was still worth 9.2 billion dollars, a loss of 3.6 billion dollars.
When billionaires lose big, a lot of people under them (ie, the russian mob) lose too, in order for these people to collect. The head of the pyramid has to die or serve prison time.
Time to collect the Insurance Money. Sounds like a hit to me. There will be a long list of billionaires/millionaires committing suicide in the coming months. This is just the beginning..
interesting thought...those billionaires weren't born billionaires...they started poor...that's why I can't understand why they can't get use to beeing poor again. That is, being a mere 100,000 dollar employee again.
2 years later perhaps all losses would be recovered.
RIP Adolf
IQ20000Berta 1 year ago
Was ist necessary? He was an old(!) man! He would have died in natural manner within few years - but sure!
refohtiew 1 year ago
You'd think he could have afforded a gun.
John27346 2 years ago
its not like he was broke after loosing many millions ! pride????
puchito008 2 years ago
am i the only person thinking its funny
thats hes german and his name is adolf?
BIASpotter 2 years ago
Yes
John27346 2 years ago
In his time "Adolf" has been a widespread forename so this is nothing unsual.
medi1982 2 years ago
@BIASpotter
Well it's a common German name, so yes, I would imagine not many would see the humor. Since there is none.
borjon23 1 year ago
The poor rich people!!!!
kafirsniper 2 years ago
he got Suicided
tcmitton 3 years ago
kolkron, Mercle lost his fortune by buying a chunk of stock VW.He lost nearly E200 million. His creditor about 30 bank had closed in on him. Mercle did not invest China stocks. Kolkron, don't make up story.
TJ18258 3 years ago
he didnt loose his fortune.Just 500 million .They say his companies were in a bad financial state.He was still worth billions when he died unless we do not know something.
streetfight666 3 years ago
This underscores the fact that money is not everything. Money do not bring happiness!
igirioke 3 years ago
all depends to whom.U cannot generalize like that.
streetfight666 3 years ago
That's a bit harsh, man! Because of him and his family, over the years, so many people have been able to derive an income, raise a family, send kids to schools, watch them grow up. It's just very unfortunate that things don't always work out (capitalism), business cycles, and business risks.
stargen5 3 years ago 2
Wow he was only worth 9.6 billion. As someone worth 100 billion. I can understand why he would so depressed.
zzxzqwq 3 years ago 2
how about the other $500 trillion in outstanding deriatives? bwahahahahahahha!
chingon711 3 years ago
the following taken from Wikipedia...
...
In 2007 He was worth 12.8 billion USD by most estimates(Forbes) and by Dec. 2008 he was still worth 9.2 billion dollars, a loss of 3.6 billion dollars.
....
He is still worth 9.2 billion. wtf!
stargen5 3 years ago
When billionaires lose big, a lot of people under them (ie, the russian mob) lose too, in order for these people to collect. The head of the pyramid has to die or serve prison time.
traynickel 3 years ago
Time to collect the Insurance Money. Sounds like a hit to me. There will be a long list of billionaires/millionaires committing suicide in the coming months. This is just the beginning..
traynickel 3 years ago
interesting thought...those billionaires weren't born billionaires...they started poor...that's why I can't understand why they can't get use to beeing poor again. That is, being a mere 100,000 dollar employee again.
stargen5 3 years ago
Das ist kein gut! I can't believe it. See a psychiatrist! I'm sure he can afford psychotropic meds.
adiaz80 3 years ago
Not only could he afford meds...he owned the meds company!
OmarThePug 3 years ago
Wow, that's insane.
adiaz80 3 years ago
ridiculous "decision" for what he did to his family by killing himself. So could it be so bad that he is reduced to a poor millionaire status?
stargen5 3 years ago
life is unbearable if you have to live like most people, well I feel sorry for most people.
GodSunsRevenge 3 years ago
der erste von vielen, der scheiße baut und nicht dazu steht, weiter so!
ackermann pls als nächstes :)
memphis2303 3 years ago