Merckle suicide is symptomatic of wider problems
The suicide of German billionaire Adolf Merckle, in despair over the huge losses suffered by his family business empire, took the country by surprise
The suicide of German billionaire Adolf Merckle, in despair over the huge losses suffered by his family business empire, took the country by surprise.
Media-shy Merckle, ranked as the world’s 94th-richest person and the fifth wealthiest in Germany by Forbes magazine, was a self-made billionaire. He had turned his grandfather’s wholesale pharmaceutical company into an empire controlling some of the country’s best-known companies, such as pharmaceuticals manufacturer Ratiopharm and cement maker Heidelberg Cement....
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