Adolf Merckle

businessman
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 Fact Monster:

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