American millionaire Thomas Lee, who is regarded as a pioneer of leveraged buyouts and private equity investing, reportedly committed suicide on thursday at the age of 78 in his Manhattan office, according to a report in the New York Post. Around 11:10 a.m. local time on thursday, Lee's investment firm's offices on Fifth Avenue in Manhattan called the police with an emergency. Lee, who had been shot by himself, was pronounced dead at the site. He was discovered on the bathroom floor by a female assistant who had gone to seek for him after not hearing from him all morning after life-saving attempts had failed.

Michael Sitrick, a representative for his family and a friend, said in a statement: "The passing of tom has left the family in great sorrow. Though the world knew him as a great businessman and one of the industry's forerunners, we knew him as a dedicated husband, father, grandpa, sibling, friend, and philanthropist who always put the needs of others before his own."

In addition to serving as Chairman and CEO of Thomas H. Lee Partners, which he started in 1974, Lee was also the founder and chairman of Lee Equity, which he launched in 2006. On the boards of numerous organisations, such as the Lincoln Center, the Museum of Modern Art, Brandeis University, Harvard University, and the Museum of Jewish Heritage, he served as a trustee and donor.

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thomas lee

G GOWTHAM

27/02/2023 02:30 AM