Sad to report.
Robert W. Wilson, a retired New York hedge-fund founder who committed his life to giving the fortune he made from investing to charities, has died. He was 87.
Bloomberg News reports that he died December 23rd after allegedly leaping from his 16th-floor residence at the San Remo apartment building on Manhattan’s Central Park West, according to a person with knowledge of the incident who asked not to be identified because family members hadn’t been notified.
Police said an 87-year-old man was found in a courtyard at the rear of the building and pronounced dead from an apparent suicide. He suffered a stroke in June, Gary Castle, his accountant, said Tuesday in a telephone interview.
Wilson, whose Wall Street career spanned five decades, started Wilson & Associates, a hedge fund, in 1969 after working as a securities analyst. He retired in 1986 and, by 2000, his net worth peaked at about $800m, Castle said. By then, he had already begun to give most of his money away, donating more than $500m to charities, primarily to conservation groups, Castle said.
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