The private equity pioneer died from a self-inflicted gunshot wound at his Manhattan office, local media report.
A US billionaire financier who helped pioneer the debt-fuelled corporate acquisition known as a leveraged buyout has been found dead, his family says.
The police spokesman did not confirm the man had died from a self-inflicted gunshot wound, noting the cause of death would be for a medical examiner to determine. "Upon arrival EMS [Emergency Medical Services] responded and pronounced the male deceased at the scene," they said. Alongside his pioneering of the leveraged buyout, Mr Lee was also known for acquiring beverage company Snapple in 1992 and selling it two years later to Quaker Oats for $1.7bn - 32 times what he bought it for.
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