Adolf Merckle Suicide

The German billionaire Adolf Merckle committed suicide recently. The German press reports he jumped in front of an oncoming train. CNBC reported the news as suicide of the rich investor. He reportedly lost a lot of money trying to short Volkswagen stock. Supposedly he obtained a bridge loan to shore up his company, but it may not have been enough. Merckle was considered to be the German equivalent of Warren Buffet.