Thomas Lee a Rich Financier in the United States Passes Away at Age 78

According to a statement released by his family on Thursday, February 23, 2023, millionaire American financier Thomas H. Lee passed away at the age of 78. He was regarded as a pioneer of leveraged buyouts and private equity investing.

According to unnamed police sources quoted in The New York Post, Lee was found dead from a self-inflicted gunshot wound on Thursday morning at his Fifth Avenue Manhattan office, the main location of his investment firm. The Post reports that at about 11:10 a.m. after police reacted to an emergency 911 call, he was discovered (1610 GMT)

Reuters could not immediately confirm the cause of death. The New York Police Department said emergency medical service personnel responding to a 911 call on Fifth Avenue at about that time found a “male who was pronounced dead at the scene.”

The city medical examiner’s office will determine the reason and manner of death, police stated without providing any further information.

Thomas Lee a Rich Financier in the United States Passes Away at Age 78
Thomas Lee a Rich Financier in the United States Passes Away at Age 78

A comment from the coroner’s office could not be obtained right away. Lee’s family said in a statement:

“The family is extremely saddened by Tom’s death,”

“Our hearts are broken. We ask that our privacy be respected and that we be allowed to grieve.”

According to a biography provided by his family, Lee was the founder and chairman of Thomas H. Lee Partners, which he started in 1974, as well as the chairman and CEO of Lee Equity, which he launched in 2006.

Tweets about the death of Thomas Lee:

In the previous 46 years, Lee has been in charge of investing more than $15 billion in hundreds of deals, including the purchase and subsequent sales of well-known brands like Warner Music and Snapple Beverages.

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The Lincoln Center, the Museum of Modern Art, Brandeis University, Harvard University, and the Museum of Jewish History were among the organizations he sat on the boards of as a trustee and philanthropist.

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