From rags to riches to death

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  • borked
    Totally Borked
    • Feb 2005
    • 6284

    #1

    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

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

    For coding work - hit me up on andy // borkedcoder // com
    (consider figuring out the email as test #1)



    All models are wrong, but some are useful. George E.P. Box. p202
  • DaddyHalbucks
    A freakin' legend!
    • Feb 2004
    • 18975

    #2
    People do strange things for money. It's sad he valued his own life so little..
    Boner Money

    Comment

    • V_RocKs
      Damn Right I Kiss Ass!
      • Nov 2003
      • 32451

      #3
      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.

      Comment

      • LauraLee
        Confirmed User
        • Sep 2003
        • 3821

        #4
        He is a selfish prick. Leave the mess for your family. Pathetic.

        Priority Payout
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        • borked
          Totally Borked
          • Feb 2005
          • 6284

          #5
          just realised the title is totally fucked!!!
          riches to rags dumb fuck

          For coding work - hit me up on andy // borkedcoder // com
          (consider figuring out the email as test #1)



          All models are wrong, but some are useful. George E.P. Box. p202

          Comment

          • 2012
            So Fucking What
            • Jul 2006
            • 17189

            #6
            what a dick head
            best host: Webair | best sponsor: Kink | best coder: 688218966 | Go Fuck Yourself

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            • tony299
              lurker
              • Aug 2002
              • 57021

              #7
              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.

              Comment

              • Vicious_B
                Confirmed User
                • May 2008
                • 2564

                #8
                I feel for his family.
                ICQ# 419 775 271



                Comment

                • firecracker
                  Confirmed User
                  • Nov 2007
                  • 653

                  #9
                  Originally posted by tony404
                  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.
                  Its inspiring, and I love the tattoo bit. I'll never think of their logo the same ever again.
                  When choosing between two evils, I always like to try the one I’ve never tried before.

                  Comment

                  • Drake
                    Hello world!
                    • Mar 2003
                    • 12508

                    #10
                    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.

                    Comment

                    • DateDoc
                      Outside looking in.
                      • Feb 2005
                      • 14243

                      #11
                      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.

                      Comment

                      • DateDoc
                        Outside looking in.
                        • Feb 2005
                        • 14243

                        #12
                        Double Post

                        Comment

                        • borked
                          Totally Borked
                          • Feb 2005
                          • 6284

                          #13
                          Originally posted by DateDoc
                          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.
                          Originally posted by borked
                          just realised the title is totally fucked!!!
                          riches to rags dumb fuck
                          but yeah - exactly on the saddest part - the idiot gave up too quickly

                          For coding work - hit me up on andy // borkedcoder // com
                          (consider figuring out the email as test #1)



                          All models are wrong, but some are useful. George E.P. Box. p202

                          Comment

                          • collegeboobies
                            So Fucking Banned
                            • Jul 2004
                            • 3644

                            #14
                            Thats every rich mans story

                            Comment

                            • Jman
                              Already an AI veteran
                              • Sep 2003
                              • 22834

                              #15
                              Originally posted by tony404
                              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.
                              Very great read Tony... thanks
                              Orkestrait NSFW AI
                              FantasyXXX.AI
                              Email: [email protected] TG: @jman1216

                              Comment

                              • DollarKing
                                Confirmed User
                                • Aug 2007
                                • 526

                                #16
                                The thought of losing that 500 odd million was too much to bear despite having many more millions. Its another world for some!

                                Comment

                                • st0ned
                                  Confirmed User
                                  • Mar 2007
                                  • 8437

                                  #17
                                  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.
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                                  • Insomniak
                                    Registered User
                                    • Aug 2008
                                    • 43

                                    #18
                                    Sad when people only care about money.

                                    Comment

                                    • spacedog
                                      Yes that IS me. Bitch.
                                      • Nov 2001
                                      • 14149

                                      #19
                                      what a dumbass

                                      Comment

                                      • DannysReviews|com
                                        Confirmed User
                                        • Nov 2008
                                        • 402

                                        #20
                                        Fuck him. Pussy.
                                        ADULT / MAINSTREAM - LOOKING FOR LINK TRADES!

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                                        • tranza
                                          ICQ: 197-556-237
                                          • Jun 2003
                                          • 57559

                                          #21
                                          Wow, that's just sad...
                                          I'm just a newbie.

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