Billionaire financier Thomas H. Lee dies at age 78
A pioneer in private equity investing, Lee may be best known for buying and selling Snapple.
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A pioneer in private equity investing, Lee may be best known for buying and selling Snapple.
Lee Equity founder Thomas Lee died at the age of 78 by suicide, as per a statement by his family
Thomas Lee, a pioneer of private equity investment and leveraged buyouts, died by suicide at the age of 78 at his Manhattan office on Thursday.
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.
American millionaire Thomas Lee committed suicide on Thursday at the age of 78 in his Manhattan office, according to a story in the New York Post. Lee was regarded as a pioneer of leveraged buyouts and private equity investing. On Thursday morning about 11:10 a.m. local time, police responded to an emergency 911 call and found the businessman deceased at his Fifth Avenue Manhattan office