"hehehe" indeed.
I hope you'll pardon me if I say I don't think this is funny. Seeing a rich playboy getting his comeuppance is one thing - when only he is affected. His company, however, consists of real people with real problems and dreams. I've been in a similar situation and it's not fun.
For their sake I hope it turns around somehow, even if they're a competitor.
The term is "smoke and mirrors" ...