Thomas H. Lee, a well-known financier and pioneering figure in the private equity business, was found dead on Thursday at his office in New York City.
The 78-year-old had died from a self-inflicted gunshot wound, according to police sources who responded to 767 Fifth Avenue at around 11:10 a.m.
Lee was more than just a successful businessman of the 1990s who popularized the leveraged buyout strategy. He is best remembered as a generous philanthropist and devoted family man.
He was known for always putting the needs of others before his own, according to a statement from his family friend and spokesperson, Michael Sitrick.
Lee founded Thomas H. Lee Partners in 1974, which has grown to become one of the largest private equity firms in the world. He made a monumental achievement in 1992 when he bought the company Snapple and sold it two years later for a whopping $1.7 billion.
The life of Thomas H. Lee serves as a grim reminder of the pressing issue of mental health and the importance of reaching out for help in times of need.
Despite a great life as a businessman, philanthropist, and beloved family man, his death tragically cuts short his tireless efforts and accomplishments.