Outstanding Chicago businessman James “Jim” Crown died on Sunday in a crash whereas driving on a racetrack close to Aspen, Colorado.
Crown was the CEO of the funding agency Henry Crown and Firm and managing accomplice of Aspen Snowboarding Co. He was a scion of one among Chicago’s wealthiest households.
The accident occurred on the Aspen Motorsports Park in Woody Creek, Colorado, the place Crown was celebrating his seventieth birthday.
“He was driving a race automobile, and it hit a wall going round a curve,” his father, fellow billionaire financier Lester Crown, advised the Chicago Solar-Instances.
Associated: OceanGate’s 5 Lacking Passengers ‘Have Sadly Been Misplaced,’ Firm Says
Effectively-respected locally
In keeping with the Solar-Instances, Crown was enlisting the assistance of fellow CEOs to create a large jobs program for 10,000 younger males from high-crime areas.
“Mainly, he cherished to take care and do issues for folks,” his father stated. “He had no bias and little or no ego. Only a outstanding, outstanding human.”
Chicago Mayor Brandon Johnson advised CBS Chicago that he was “devastated” by the information of Crown’s dying.
“Jim gave again to town via philanthropy and management on a variety of civic and tutorial boards as he was deeply dedicated to investing in Chicago and its folks.”
Crown is survived by his spouse, 4 youngsters, and two grandchildren.
His household was ranked Thirty fourth-richest in America by Forbes in 2020.