Thomas H. Lee Dead | Aged 78

 A US billionaire financier who helped pioneer the debt-fuelled corporate acquisition known as a leveraged buyout has been found dead at the age of 78, Confirmed by his family 2 days ago.

It was said by "Thomas H Lee's" In a statement, that they were "extremely saddened" By the 78-year-old's death.

It was reported by one of top level News Channel that Thomas died from a self-inflicted gunshot wound at his Manhattan office.

It was told by NYPD to BBC an unnamed 78-year-old man had been found dead on Thursday morning 23 Feb, 2023 at 767 Fifth Avenue USA.

The above mentioned address is where the offices of Thomas H Lee Capital LLC are listed.

According to Forbes, at the time of death Mr Thomas H Lee Net Worth was $2bn (£1.6bn).

The police spokesman haven't not confirmed that the thomas had died from a self-inflicted gunshot wound, noting the cause of death would be for a medical examiner to determine.

In a statement to BBC News, police said they had responded to a 911 call shortly after 11:00 (16:00 GMT) on Thursday morning from an office on 5th Avenue.

"Upon arrival EMS [Emergency Medical Services] responded and pronounced the male deceased at the scene," Said by them. 

A statement by spokesman Michael Sitrick and family friend said: "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, sibling, grandfather, friend and philanthropist who always put others' needs before his own."

Alongside his pioneering of the leveraged buyout, Mr Thomas Lee was also known for acquiring beverage company Snapple in 1992 and selling it 2 years later to Quaker Oats for $1.7bn - 32 times what he bought it for.

Mr Thomas Lee was also celebrated for his philanthropy, and had served as a trustee for prominent New York City art organisations like the Lincoln Center for the Performing Arts and the Museum of Modern Art.

In 1996, Mr Lee donated $22m to his alma mater Harvard University, part of which has been used to provide financial aid for needy students.

"I've been lucky to make some money. I'm more than happy to give some of it back," he said at the time.

He is survived by his wife, Ann Tenenbaum, and his 5 children.

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