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 considered one of 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, informed the Chicago Solar-Occasions.
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Nicely-respected in the neighborhood
Based on the Solar-Occasions, 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 liked to take care and do issues for individuals,” his father mentioned. “He had no bias and little or no ego. Only a outstanding, outstanding human.”
Chicago Mayor Brandon Johnson informed CBS Chicago that he was “devastated” by the information of Crown’s demise.
“Jim gave again to town by means of philanthropy and management on numerous civic and educational boards as he was deeply dedicated to investing in Chicago and its individuals.”
Crown is survived by his spouse, 4 youngsters, and two grandchildren.
His household was ranked Thirty fourth-richest in America by Forbes in 2020.