Germany’s largest drugs wholesaler, Merckle and Ratiopharm, did not escape the financial crisis and reportedly this was the reason behind its owner’s, Adolf Merckle, suicide. The Billionaire inherited the company from his grandfather and when he couldn’t handle the pressure anymore he just stood in front of a train, according to Reuters.

“The desperate situation of his companies caused by the financial crisis, the uncertainties of the last few weeks and his powerlessness to act, have broken the passionate family entrepreneur and he took his own life,” a family statement said.

State prosecutors from the southern city of Ulm said Merckle, 74, left work on Monday and died after being hit by a train near the town of Blaubeuren. He left behind a suicide note to his family, they added.

This situation has aggravated the company’s situation. Although this should be a time of mourning to the family, they have a lot on their hands at this moment. Our thoughts and prayers go out for the loss of their leader Adolf Merckle.

On another note, psychologists have suggested the financial crisis could lead to an increase of suicide rates all over the world. Let’s just hope the crisis can end quickly and preferably with no more victims.

[image: Forbes]