Tuesday, January 6, 2009

A Sign of the Times

Just when you think "rich people" have money, you discover otherwise.

BERLIN – German billionaire Adolf Merckle has committed suicide after his business empire, which included interests ranging from pharmaceuticals to cement, ran into trouble in the global financial crisis, his family said Tuesday..

3 comments:

HermitJim said...

Probably too many nest eggs in one basket, so to speak!

ConfessionsOfAnOverworkedMom said...

You know it always amazes me when rich people have problems. They make so much money a year that you would think they'd have tons of it stored away for the future.

We make such a tiny fraction of what they do and we don't go around moaning that we can't have our million dollar summer homes.

Maybe if they lived on what we did regularly and stored the rest of their money away somewhere for the future, they'd be OK when their empire declined.

An Unsheltered Life said...

Apparently, money can't solve all of your problems. Seems like having a bunch of it can make things worse, actually.