Billionaire financier Thomas H. Lee, a pioneer of private equity investing, died on Thursday at age 78, his family said in a statement.
Billionaire financier Thomas H. Lee, a pioneer of private equity investing, died on Thursday at age 78, his familyLee died by suicide, New York City's Office of Chief Medical Examiner said Friday in an email to CBS MoneyWatch.
Lee, whose fortune was pegged at $2 billion by Forbes magazine, in 2006 founded Lee Equity, which said he had invested over $15 billion in capital during his 46 years in finance. The financier may be best known for his purchase and sale of drink maker Snapple, which his firm at the time bought for $135 million in 1992. Two years later, he sold it for $1.7 billion to Quaker Oats Co., banking an extraordinary return on his investment.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Billionaire financier Thomas H. Lee found dead of self-inflicted gunshot wound in NYC office: sourcesBillionaire financier and investor Thomas H. Lee was found dead of a self-inflicted gunshot wound at his Manhattan office.
Read more »
U.S. billionaire financier Thomas Lee dies at 78, family saysAmerican billionaire financier and investor Thomas Lee has died at the age of 78, his family said in a statement on Thursday, without detailing the cause of his death.
Read more »
Billionaire NYC Financier Thomas H. Lee Found Dead of Apparent Gunshot WoundThomas H. Lee, an early pioneer in private equity who made his name and fortune as an early adopter of leveraged buyout transactions, has died, a family spokesperson confirmed Thursday. He was 78.
Read more »
U.S. billionaire financier Thomas Lee dies at 78, family saysAmerican billionaire financier Thomas H. Lee, considered a pioneer of private equity investment and leveraged buyouts, died at the age of 78.
Read more »
U.S. billionaire financier Thomas Lee dies at 78, family saysOver the past 46 years, Lee was responsible for investing more than $15 billion of capital in hundreds of transactions, including the acquisition and subsequent sales of such brand names as Snapple Beverages and Warner Music.
Read more »
New details emerge in shocking suicide of billionaire Thomas H. LeeFirst responders found him lying on his side, fully clothed, with a self-inflicted gunshot wound to the head, they said.
Read more »