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Hedge fund manager Rene Thierry Magon de la Villehuchet was found dead in his Madison Avenue office in New York City, on the morning of December 23, 2008.Bloomberg.com: Madoff Fund Operator De La Villehuchet Found Dead in New York (December 23, 2008) Villehuchet committed suicide after losing nearly $1.4 billion in Bernard Madoff's Ponzi scheme. Villehuchet was 65 years old at the time of his death.The New York Times: Head of Fund Invested in Madoff Said to Commit Suicide... (December 23, 2008)
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Fast Facts
- Founder of Access International Advisors
- Age: 65 years old at the time of his death
- Committed suicide on December 22, 2008
- Found dead in his Madison Avenue office in ManhattanBloomberg.com: Madoff Fund Operator De La Villehuchet Found Dead in New York (December 23, 2008)
- Lost as much as $1.4 billion in Bernard Madoff's fraud schemeThe New York Times: Head of Fund Invested in Madoff Said to Commit Suicide... (December 23, 2008)
- Bernard Madoff was arrested on December 11, 2008 for running a $50 billion Ponzi schemeBloomberg.com: Madoff Fund Operator De La Villehuchet Found Dead in New York (December 23, 2008)
- A close friend told a French newspaper that Villehuchet "could not cope with the pressure following the outbreak of the scandal"Channelnewsasia.com: Madoff-hit French investor commits suicide (December 23, 2008)
- Source said Villehuchet was "devastated"Channelnewsasia.com: Madoff-hit French investor commits suicide (December 23, 2008)
- Reportedly feared that his clients would turn on him in courtChannelnewsasia.com: Madoff-hit French investor commits suicide (December 23, 2008)
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Quote
"Access was his whole life, and Madoff was a manager in whom he had complete trust. I lunched with him two weeks ago and he said, how lucky it was that Madoff was the only manager still doing well at the moment."Channelnewsasia.com: Madoff-hit French investor commits suicide (December 23, 2008)—AFP source -
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