sbynews

DelMarVa’s Premier Source for Conservative News, Opinion, Analysis, and Human Interest

Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349

The opinions expressed by columnists are their own and do not represent our advertisers

Billionaire Thomas Lee, Friend of Clintons, Found Dead From Apparent Suicide

Billionaire private equity financier Thomas H. Lee was found dead in his Fifth Avenue Manhattan office on Thursday, an apparent suicide from a self-inflicted gunshot wound.

Police were called around 11:00 on Thursday and EMTs determined that the 78-year-old was dead. The medical examiner will investigate to officially determine the cause of death.

Lee was one of the first to employ leveraged buyouts — purchasing companies using money that is borrowed against the company being bought.

“The family is extremely saddened by Tom’s death. While the world knew him as one of the pioneers in the private equity business and a successful businessman, we knew him as a devoted husband, father, grandfather, sibling, friend and philanthropist who always put others’ needs before his own,” Lee family friend and spokesperson Michael Sitrick said in a statement.

Lee founded Thomas H. Lee Partners in 1974 until he left to form Lee Equity Partners in 2006. He was also a big philanthropist, contributing to many art-related organizations including the Lincoln Center for the Performing Arts, the Museum of Modern Art, and the Whitney Museum of American Art. He also gave $22 million to Harvard University.

More

4 thoughts on “Billionaire Thomas Lee, Friend of Clintons, Found Dead From Apparent Suicide”

  1. Could this possibly be another Clinton “suicide”? Did he shoot himself in the back of the head, or “hang” himself…. Or both??

Leave a Comment

Your email address will not be published. Required fields are marked *