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Thomas Hughes was a 29-year-old Manhattan investment banker at Moelis & Company. He was an extremely brilliant student of economics at Northwestern University. He lived in a beautiful luxury apartment and his parents described him as an incredibly happy, successful individual. The Manhattan banker must have not viewed himself in the same manner because he arranged an early meeting with the Grim Reaper on Thursday. Hughes was reported to have ingested a handful of pills before leaping 200 feet to his death from his luxury apartment.
It is hard to imagine why an individual who was young, doing incredibly well in his career, and living in Manhattan would be driven to commit suicide. The reality is that when people in the finance industry take their own lives, most of the time it is due to copious amounts of stress. The industry is known to be very demanding and stressful on individuals. It requires extremely long hours of work, including nights and weekends. The hours worked can be up to 90 in a single week. Career coach Roy Cohen says that the position of banker in the junior level, like Hughes had, is very demanding. He even makes the comparison of junior bankers to legal slavery. They are forced to pull various all-nighters and given very little time to eat right or exercise.
The Manhattan banker is one of several others in the same occupation who have arranged early meetings with the Grim Reaper. He is the 12th person involved in the finance industry this year to commit suicide. According to Business Insider, investment banking is considered Wall Street’s most stressful job.
Hughes’ father has commented on the incident. Apparently, the Manhattan banker was doing incredibly well financially and capable of having whatever he desired. “Thomas was a happy, jovial, successful, good looking, very sociable individual. The only explanation is that I know he has been working very hard and has been under a lot of pressure. His work did not leave much time for enjoyment but that is the nature of the assignment that he chose. I also know that sometimes when one is in that environment you can turn to alcohol or other types of drugs,” his father mentioned. Fellow co-workers have sent their condolences to his family. They described him as a very positive person to have in the office.
The scene of the incident was incredibly gruesome. Various people were startled by what had unraveled on the street near Hughes’ luxury apartment. They were quick to pull out their smartphones and snap pictures of what was left of his body. Upon landing, Hughes’ body hit a guardrail, and he was extremely close to making impact with a vehicle. One witness was a panicked SUV driver who was terrified, as he did not know from where the body had come.
The death of Hughes is indeed a tragic one. An individual who is perceived by others to be happy was feeling depressed internally. He was doing well financially and living a lifestyle that most people his age dream of. It was unfortunate that the Manhattan banker was secretly arranging an early meeting with the Grim Reaper.
By Frank Grados
Inquisitr – Investment Banker Jumps To His Death From Manhattan Luxury Apartment
Daily News – Man jumps to his death from downtown Manhattan luxury apartment building
Daily News – Drugs, stress led to banker’s leap off luxury high-rise, family says
Zero Hedge – New York Investment Banker Jumps To His Death From Luxury Downtown Building
Image Courtesy of Giacomo Barbaro’s Flickr Page – Creative Commons License