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US Billionaire Thomas Lee Dies By Suicide In Office


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US Billionaire Thomas Lee Dies By Suicide In Office

Thomas Lee, a pioneer of private equity investment and leveraged buyouts, died by suicide at the age of 78 at his Manhattan office on Thursday.

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World News Edited by Anoushka Sharma

Updated : February 25, 2023 12:12 pm IST

Thomas Lee was the Founder and Chairman of Lee Equity.

 

American billionaire Thomas Lee, who was considered a pioneer of private equity investment and leveraged buyouts, died by suicide at the age of 78 at his Manhattan office on Thursday, according to a report in the New York Post. 

The businessman was declared dead at his Fifth Avenue Manhattan office, the headquarters of his investment firm, on Thursday morning around 11:10 am local time when police responded to an emergency 911 call. The outlet added that Mr Lee died by "a self-inflicted gunshot wound" and life-saving efforts were unsuccessful. He was spotted on the bathroom's floor in his office by a female assistant. She had gone to look for him since she had not heard from him since morning. 

 

 

Furthermore, the first-responders found Mr Lee "lying on his side with a self-inflicted gunshot wound to the head". 

 

According to a report in Fox News, Thomas Lee's family friend and spokesperson Michael Sitrick said in a statement, "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."

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