American billionaire financier Thomas H. Lee, viewed as a pioneer of personal fairness investment decision and leveraged buyouts, died at the age of seventy eight, his loved ones stated on Thursday.
The New York Town business office of the main clinical examiner stated on Friday the trigger of dying was a self-inflicted gunshot wound to the head.
Lee was found lifeless on Thursday early morning at his Fifth Avenue Manhattan business office, headquarters of his investment decision agency, when law enforcement responded to an crisis-911 phone at all over eleven:ten a.m. (1610 GMT).
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“The loved ones is incredibly saddened by Tom’s dying,” Lee’s loved ones stated in a assertion. “Our hearts are damaged. We inquire that our privateness be revered and that we be permitted to grieve.”
Lee was the founder and chairman of Lee Fairness, which he fashioned in 2006, and formerly served as chairman and CEO of Thomas H. Lee Companions, which he launched in 1974, in accordance to a biographical assertion produced by his loved ones.
In excess of the previous forty six a long time, Lee was dependable for investing a lot more than $fifteen billion of cash in hundreds of transactions, such as the acquisition and subsequent income of this kind of model names as Snapple Drinks and Warner New music.
He was also regarded as a philanthropist and trustee who served on the boards of quite a few companies, such as the Lincoln Middle, the Museum of Contemporary Artwork, Brandeis College, Harvard College and the Museum of Jewish Heritage.