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Adolf Mercklebusinessman Died: January 5, 2009
(Germany)
Best Known as: one of the richest people in Germany
Adolf Merckle, a billionaire businessman and one of the richest men
in Gemany, took his own life on January 5, 2009. Born into a wealthy
family, Merckle did much to expand his family's holdings. He owned
Germany's largest pharmaceutical wholesaler, among many other interests.
But a string of bad investments, including speculation on Volkswagen stock
and the purchase of a British cement company, caused him to lose billions
and incur massive debts. At the time of his death, it was unclear if his
assets would meet those debts.
More on Adolf Merckle from Infoplease:
- Adolf Merckle - Biography of Adolf Merckle, Adolf Merckle, a billionaire businessman and one of the richest men in Gemany, took his own life on January 5, 2009. Born into a wealthy fam…
- 2009 People in the News - Selected biographies of well-known figures in the news in 2009
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