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Thierry de la Villehuchet has committed suicide. He was a hedge fund investor who lost billions of dollars in the Bernard Madoff ponzi scheme you’ve been hearing so much about. That Bernard Madoff guy was some kind of amazing to pull off scamming so many billionaires. I mean, Spielberg, Lilliane Bettencourt (she’s like the world’s richest woman (yes, way way richer than Oprah)). Villehuchet probably killed himself because other people trusted him with their money, like Bettencourt. It was through Villehuchet that she got scammed in the Madoff madness.

Villehuchet was from France. He was 65, so at least he lived a long life and it was probably a good life too until these latest developments. Killing yourself seems like taking the easy way out though. So you made a mistake and trusted a snake. It’s all part of the game of investing and the people who trusted you with their money must have known that loss was a possibility. These a big money people. They understand the nature of the game. Of course big losses like that are going to be devastating but come on, Lilliane Bettencourt has 22 billion to her name. Losing 5 billion still leaves her with 17 billion so it’s not like she was wiped out and facing life on the streets of Paris. Villehuchet didn’t need to kill himself over this; but I guess until I’ve lost billion of other people’s money I can’t really know what I would have done if I was in his shoes.

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