2023-06-29 10:23:26
James Crown with his wife Paula in October 2001.
Bild: Richard A. Chapman/ Chicago Sun-Times via AP/ Keystone
American billionaire James Crown has died in an accident during a car race. Crown also played a political role during Barack Obama’s administration.
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US billionaire James Crown died in a car race last Sunday, his 70th birthday. Crown’s car collided with a barrier. Crown has held senior roles at several companies, including the board of directors of bank JP Morgen Chase & Co. He owned also to Barack Obama’s inner circle, during whose tenure he was a member of a panel advising the President.
American billionaire James Crown is dead. He died last Sunday during a car race in Woody Creek, Colorado, when his car collided with a barrier.
The accident happened on Crown’s 70th birthday. He is believed to have died from multiple blunt force impact injuries. The result of an autopsy is still pending.
Crown was president of the investment company Henry Crown & Company, founded in 1915 by his grandfather in Chicago.
Member of Barack Obama’s inner circle
He has also served on the boards of directors of bank JP Morgan Chase & Co. and defense contractor General Dynamics, and was a managing partner of Aspen Skiing Company. Forbes magazine estimated the wealth of the Crown family at $10.2 billion in 2020.
US President Joe Biden praised Crown as a “good man, dear friend and great American”. Crown lived a life “that combined our nation’s hard-working past with an ever-hopeful future.”
Under Barack Obama, Crown was a member of the President’s Intelligence Advisory Board, a body that advises the US President on intelligence issues. Last week, Crown attended the White House state banquet in honor of Indian Prime Minister Narendra Modi.
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