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Despite his financial victories, Jesse Livermore’s life spiraled into a series of personal calamities. The stress of trading, coupled with multiple marriages, scandals, and numerous lawsuits, wore him down. By 1934, he was once again bankrupt with enormous debts.
Livermore's mental health continued to deteriorate through the ensuing years, culminating in an even darker chapter of tragedy in 1935, when his son survived a gunshot wound inflicted by Livermore's estranged wife. These events pushed Livermore further into despair.
On November 28, 1940, at the age of 63, Jesse Livermore took his own life at the Sher Netherland hotel in Manhattan — a profound conclusion to a life defined by extreme financial highs and lows.