Thomas Lee, a prominent American billionaire and private equity pioneer, died by suicide at his Manhattan office at the age of 78, according to a report in the New York Post. The businessman was found dead at his Fifth Avenue office on Thursday morning, where he ran his investment firm, Lee Equity.
He was found by a female assistant, lying on the bathroom floor with a self-inflicted gunshot wound to the head. Thomas Lee is survived by his wife and children, who issued a statement expressing their sadness over his death. The statement highlighted his devotion to family, friends, and philanthropy.
Thomas Lee was a renowned figure in the private equity world, having founded Lee Equity in 2006 and Thomas H. Lee Partners in 1974. Over his 46-year career, he invested over $15 billion in hundreds of deals, including the purchase and sale of well-known brands like Warner Music and Snapple Beverages.
He was considered one of the pioneers of leveraged buyouts, a method of purchasing companies using borrowed money. Lee also served on the boards of several institutions, including the Lincoln Center, the Museum of Modern Art, Brandeis University, Harvard University, and the Museum of Jewish Heritage.
Australia beat India by 5 runs
Harry Brook Breaks World Record for Most Runs after 9 Test Innings
——————————————————————————-
It would mean the world to us if you follow us on Twitter, Instagram and Facebook.
At Newscazt, we strive to bring you the latest news and stories from India, World, Business, Sports, Entertainment and more. Our team of experienced journalists and writers are committed to delivering accurate and unbiased news and analysis.
We respect the intellectual property rights of others and expect our users to do the same. If you believe that any content appearing on our website infringes your copyright, please let us know by sending your DMCA notice to contact@qmb.mvv.mybluehost.me providing us with all relevant information.
