Distinguished 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 companion of Aspen Snowboarding Co. He was a scion of one in all 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 automotive, and it hit a wall going round a curve,” his father, fellow billionaire financier Lester Crown, informed the Chicago Solar-Occasions.
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Effectively-respected locally
In accordance with the Solar-Occasions, Crown was enlisting the assistance of fellow CEOs to create an enormous jobs program for 10,000 younger males from high-crime areas.
“Mainly, he liked to take care and do issues for folks,” his father stated. “He had no bias and little or no ego. Only a exceptional, exceptional human.”
Chicago Mayor Brandon Johnson informed CBS Chicago that he was “devastated” by the information of Crown’s loss of life.
“Jim gave again to the town via philanthropy and management on various 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.
