Posted on 02/23/2023 4:55:20 PM PST by algore
A billionaire financier and investor was found dead of a self-inflicted gunshot wound at his office in New York City.
The death of Thomas H. Lee, 78, was confirmed by his family in a statement released on Thursday.
Police discovered Lee's body around 11:10 a.m. at his office on Fifth Avenue in Manhattan - where his business Thomas H. Lee Capital, LLC is located.
Lee had a net worth of roughly $2 billion at the time of his death, according to Forbes.
Lee was the founder and chairman of Lee Equity and had served as chairman and CEO of Thomas H. Lee Partners, according to the Lee Equity website.
He founded his firm in 1974, and is credited with being one of the early pioneers in private equity and specifically leveraged buyouts.
The businessman may be best known for the sale of Snapple for $1.7 billion in 1994, and then selling it two years later for $1.7 billion, a return of 32 times equity.
Lee has been married twice - first to Barbara Fish Lee, who he divorced in 1995,. His second wife was Ann Tenenbaum of Savannah, Georgia. Lee has five children.
He was a good friend of Bill and Hillary Clinton. In June 2008, following Hillary's unsuccessful presidential run, the couple reportedly stayed at Lee's East Hampton home.
(Excerpt) Read more at dailymail.co.uk ...
Usually, - usually, - not the way the successful go out.
Clintons strike again?
#ClintonBodyCount != #ClintonBodyCount + 1
Okay now another in the same month. One was found hanged from a tree with a shotgun blast to the chest with no gun found and was called a suicide by the sheriff. Now this guy. What’s going on here?
Covid got him.
Yeah right!
“The businessman may be best known for the sale of Snapple for $1.7 billion in 1994, and then selling it two years later for $1.7 billion, a return of 32 times equity.”
How do they figure that?
Clinton crimes, or Epstein issues?
I’m so sick of “our hearts are broken”
They use that even when its some employee. Really ? Your supervisors “heart is broken?!?
Doubtful.
Arkancide....
“The businessman may be best known for the sale of Snapple for $1.7 billion in 1994, and then selling it two years later for $1.7 billion, a return of 32 times equity.”
How do they figure that?
It's that new math thingy.
Beat me to it.
https://www.latimes.com/archives/la-xpm-1997-03-28-fi-42931-story.html
Closing one of the worst flops in corporate-merger history, Quaker Oats Co. agreed Thursday to sell Snapple Beverage Corp. to Triarc Cos. for $300 million, only 27 months after Quaker spent $1.7 billion to buy the maker of trendy drinks.
I’m thinking the Clinton’s must be wounded. While dangerous, wounded none the less. Sometimes wounds prove to be fatal.
It is kinda obvious, isn’t it??? It’s happened so many times...
is he the guy that advertised on Rush?
Another one bites the dust.
How many gun shot wounds to his head, did he have?
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