Rene-Thierry Magon de la Villehuchet, with over 1 billion dollars of client funds invested in the Madoff failed 50 billion dollar ponzi pyramid scheme, lost his life to suicide. It is the understanding that Rene-Thierry experienced great sadness as he could not recoup the losses of of his client investors who believed in him. In this regard, Thierry died from his caring but broken heart.
Although we may not know him personally, many hearts globally are asked to reach out to his loved ones at this time. Meanwhile, we as participants in the human family should try to learn significant lessons from this sad event regarding our life paths and our global humanity. We can only speculate that perhaps he truly enjoyed investing for others, perhaps for his close friends, in anticipation of respectable returns. Perhaps his family, friends and colleagues were very proud of his skills and ability to secure their retirement objectives. We must always remember that Thierry was a member of our human family. He had dreams and social relationships that were meaningful to him and were valued by those who knew and loved him.
Perhaps this is an opportunity for global growth through awareness if we acknowledge that tragedies like this are preventable. From a perspective of global philosophy, placing trust in financial instruments for future security is far too stressful and unreliable in comparison to placing trust in human beings. Money and compensation systems, where at best some win and some lose, represent obsolete thinking. The human-created need and obligation to pursue, acquire, manage and protect money represent an advancement paradox, where what one logically believes to be a tool for global prosperity is a tool for global decline.
Tragedies such as this will continue to haunt the human race with disappointments, devastations and declines until global leadership lead to retire all financial systems and to replace them with the only assets capable of sustaining the future of humanity and are worthy of preservation and reinvestment – every global human being.