A Wall Street Billionaire Shot Himself in His Family Office. His Death Is Reverberating in the Museum World, and the Art Market
The legacy of the late buyout tycoon and philanthropist Thomas H. Lee is in the process of being written.
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The legacy of the late buyout tycoon and philanthropist Thomas H. Lee is in the process of being written.
Thomas H Lee's death was declared a suicide by the city medical examiner's office with a 'gunshot wound of head' listed as the cause of death
With a net worth of around $2 billion, Lee was best known for notching a 334% return from his 1992 purchase of Snapple Beverage
The death has been reported of Thomas H. Lee, a billionaire financier that pioneered private equity and company buyouts in the United States. Lee, 78, was found dead with a self-inflicted gunshot wound in his Manhattan office on Thursday. Forbes estimated that he was worth $2 billion at the time of his death, Daily Mail reports.
Known as pioneer of equity investment, Thomas Lee was a friend of former US President Bill Clinton, and his wife and former Presidential candidate Hillary Clinton.