American billionaire Thomas Lee, 78, discovered useless of self-inflicted gunshot wound: Report

Thomas Lee was the founder and chairman of Lee Equity, which he shaped in 2006, and beforehand served as chairman and CEO of Thomas H. Lee Partners.

New Delhi,UPDATED: Feb 24, 2023 08:46 IST

Thomas Lee, president and CEO, Thomas H. Lee Capital LLC, speaks throughout The Year After the Year of Private Equity (Photo: Reuters/File)

By Reuters:

American billionaire financier Thomas H. Lee, thought-about a pioneer of personal fairness funding and leveraged buyouts, died on the age of 78, his household mentioned in a press release on Thursday, with out noting the reason for his dying.

The New York Post, citing unidentified police sources, reported Lee was found useless on Thursday morning at his Fifth Avenue Manhattan workplace, headquarters of his funding agency, from a self-inflicted gunshot wound.

According to the Post, he was discovered after police responded to an emergency-911 name round 11:10 a.m. (1610 GMT)

Reuters couldn’t instantly affirm the reason for dying. The New York Police Department mentioned emergency medical service personnel responding to a 911 name on Fifth Avenue at about that point discovered a “male who was pronounced dead at the scene.”

Police gave no additional particulars, and mentioned the town health worker’s workplace would decide the trigger and method of dying.

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The coroner’s workplace couldn’t instantly be reached for remark.

“The family is extremely saddened by Tom’s death,” Lee’s household mentioned in a press release. “Our hearts are broken. We ask that our privacy be respected and that we be allowed to grieve.”

Lee was the founder and chairman of Lee Equity, which he shaped in 2006, and beforehand served as chairman and CEO of Thomas H. Lee Partners, which he based in 1974, in line with a biographical assertion launched by his household.

Over the previous 46 years, Lee was answerable for investing greater than $15 billion of capital in tons of of transactions, together with the acquisition and subsequent gross sales of such model names as Snapple Beverages and Warner Music.

He was also called a philanthropist and trustee who served on the boards of many organizations, together with the Lincoln Center, the Museum of Modern Art, Brandeis University, Harvard University and the Museum of Jewish Heritage.

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Published On:

Feb 24, 2023