This entire world is struggle I guess. What chance do we have when billionaires are killing themselves ?
Man jumps from the 10th floor after losing $20 billion fortune
- Thread starter قوة الشرطة الصومالية
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Over slight money problems (his assets firm was liquidated when it shrank from $20B to $863M)
A Manhattan financer jumped to his death from a skyscraper yards from Trump Tower just weeks after his assets firm that was once worth $20 billion was liquidated.
Charles de Vaulx, 59, was the chairman and chief investment officer of International Value Advisers when he allegedly took his own life on Monday at the company's offices at at 717 Fifth Avenue in midtown Manhattan.
The company confirmed the married father-of-two's death on its website and but the cause of his death was revealed by the research firm Morningstar. That publication reported the award-winning portfolio manager had apparently taken his own life.
The NYPD had said that a man had died in an apparent suicide but declined to identify him.
Charles de Vaulx (center), founder of International Value Advisers, is seen in a July 27, 2018 photo visiting the offices of Commonwealth Capital Management in Kentucky
A source close to de Vaulx told the New York Post that the tale of de Vaulx is 'a Shakespearean tragedy.'
'This is a Shakespearean tragedy on a lot of levels … ironically many of the stocks he owned have appreciated significantly in the past few months,' the source said.
The source described the late financier as a 'complex man with a lot of hubris.'
'[He] felt he failed in his mission of value investing and lost his raison d'etre,' the source added.
De Vaulx's longtime business partner, Chuck de Lardemelle, left the company abruptly in July causing alarm for investors in the company which had been hit hard by the coronavirus pandemic when investors withdrew their money.
A Manhattan financer jumped to his death from a skyscraper yards from Trump Tower just weeks after his assets firm that was once worth $20 billion was liquidated.
Charles de Vaulx, 59, was the chairman and chief investment officer of International Value Advisers when he allegedly took his own life on Monday at the company's offices at at 717 Fifth Avenue in midtown Manhattan.
The company confirmed the married father-of-two's death on its website and but the cause of his death was revealed by the research firm Morningstar. That publication reported the award-winning portfolio manager had apparently taken his own life.
The NYPD had said that a man had died in an apparent suicide but declined to identify him.
Charles de Vaulx (center), founder of International Value Advisers, is seen in a July 27, 2018 photo visiting the offices of Commonwealth Capital Management in Kentucky
A source close to de Vaulx told the New York Post that the tale of de Vaulx is 'a Shakespearean tragedy.'
'This is a Shakespearean tragedy on a lot of levels … ironically many of the stocks he owned have appreciated significantly in the past few months,' the source said.
The source described the late financier as a 'complex man with a lot of hubris.'
'[He] felt he failed in his mission of value investing and lost his raison d'etre,' the source added.
De Vaulx's longtime business partner, Chuck de Lardemelle, left the company abruptly in July causing alarm for investors in the company which had been hit hard by the coronavirus pandemic when investors withdrew their money.
Has it been confirmed yet whether an ethnic woman pushed him?
what money does to people
how does one care about money more than his own life
And another one bites the dust.
bobsburger
I am NOT a federal agent
Well his net worth is now 0.He still would have been rich
It not like his net worth become 0!
KobeBryant
VIP
So how fucked was this guy financially?
i reckon fucked enough to call it quits
Damn crazy world
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