From rags to riches to death
 

German billionaire Adolf Merckle.

Estimated last year to have personal wealth of $9.2bn

Made some shit moves on the stock market, ran up massive debts.

Throws himself on train track, leaving behing 4 children, selfish bastard :mad:

http://news.bbc.co.uk/2/hi/business/7814257.stm

People do strange things for money. It's sad he valued his own life so little..

Crazy shit... Look at Donald Trump... Same shit only he went back and built the empire again. These people are taking the pussy way out.

He is a selfish prick. Leave the mess for your family. Pathetic.

just realised the title is totally fucked!!!
riches to rags dumb fuck

what a dick head

Yeah what a weak guy. look at the guy who started macys:
His father was a shopkeeper in Nantucket, but Rowland H. Macy left home at the age of 15 to sail the Atlantic with whale hunters. Returning to Massachusetts four years later, he worked for several years in his father's shop before opened his own needle-and-thread store in Boston in 1844, but it was soon bankrupt. Macy began selling dry goods in 1846, but this store also failed. He briefly worked in his brother-in-law's Boston shop, then fled to California in the 1849 gold rush. Finding no wealth out west, he returned to Massachusetts and opened a dry goods store in Haverhill, Massachusetts in 1851, in partnership with his brother. This store was a modest success, but in 1858 Macy left Haverhill and opened a small store of his own in a low-rent neighborhood in New York City.

In New York, Macy's store became known for its then-innovative policy of clearly marking prices (instead of haggling with customers), and advertising those prices in lively newspaper ads. He employed the first in-store Santa Claus, and had a major hand in recreating Christmas in America as a retail as much as a religious event. Shrewd with public relations, Macy made sure reporters knew when he promoted of a saleswoman, Margaret Getchell, to store manager in 1866, making her the first woman to hold an executive post with a major American retailer. By the time of his death in 1877, Macy's store had grown to a tangle of eleven connected buildings on New York's 13th and 14th Streets. The red star in the Macy's logo was Mr Macy's idea, inspired by a red-star tattoo on his forearm from his whaling days.

I feel for his family.

Its inspiring, and I love the tattoo bit. I'll never think of their logo the same ever again.:)

I don't get it. One of his companies lost $535 million, yet he's a billionaire and has many billions still, but he commits suicide anyway? Maybe I'm missing something or there is more to the story.

Rags to riches? Most of his wealth was inherited.

Massive debts? Maybe to most people but half a billion in debt isn't that bad compared to what he was worth.

The saddest part? His company received the financing it needed to stay afloat 2 days after his suicide.

Double Post

but yeah - exactly on the saddest part - the idiot gave up too quickly :error

Thats every rich mans story

Very great read Tony... thanks :thumbsup

The thought of losing that 500 odd million was too much to bear despite having many more millions. Its another world for some!

Definitely a coward. How a parent can selfishly commit suicide is beyond me. Boo hoo life is fucking though, get over it, you have children who depend on you.

Sad when people only care about money.

what a dumbass

Fuck him. Pussy.

Wow, that's just sad...