TRAGIC SUICIDE

Hokitika Guardian, 5 January 1931, Page 6

TRAGIC SUICIDE

of FORliieN MILLIONAIRE. [United Press Assoerntfon.—Jßy Electrn Telegraph.—Copyright. ] LONDON, January 3. Mahommed i - Alasegoff, 42 years of age, an Egytian financier, who once was' one of' the . richest men in the world, was .found deadjn a gas-filjed-kitchen, at Golder’s Green, London, along with his cousin, Zainulabdin. Both of them died in the most extreme poverty.•

Mohammed Alasegoff, after his education,! which he obtained at Cambridge, returned to bis home in Singapore,, and during the latter part of the rubber boom, he invested in rubber his large inheritance, and, became a millionaire within one year. He did not” know ; the extent of his own wealth..: He was: the centre of a distinguished social circle; and he entertained lavishly. '

Eventqliy . Alesegoff turned his, attention to ..the-turf,/' and kept, palatial stables with picked . racehorses, from Australia, Alasegoff drove around the city ip •a. magnificent high tandem, with a .gorgeous-livered Indian, footman; He also, was . among, the leaders ■in arranging a welcome to the Prince of Wales at Malaya, and he also 'feted every distinguished person visiting Singapore., •;• . Mohammed Alasegoff’s troubles began: during the rubber slump in 19201921 .He sold out his rubber interests and invested in tin. He was at Hollywood last year, when Iris tin interests also crashed. Rescuing only the merest fraction of his formed fabulous fortune, lie went to Nice and there he lost .every penny ,at the gambling tables. His cousin had to send him the fare to v toj-ondon.