Tragic Fatality: Prominent Billionaire Business Executive Succumbs in Devastating Race Car Accident

**Jim Crown’s Tragic Death in Car Crash at Racing Track**

Jim Crown, an executive and philanthropist, tragically lost his life on Sunday in a car crash at a racing track in Colorado. The 70-year-old Crown, grandson of industrialist Henry Crown and CEO of Henry Crown & Co., was involved in a single-vehicle accident at the Aspen Motorsports Park in Woody Creek, according to the Pitkin County coroner’s office. The cause of death is pending autopsy, but the coroner’s office confirmed evidence of multiple blunt force trauma. Crown’s father, Lester Crown, revealed that his son was driving a race car that collided with a wall while navigating a curve.

**A Great Loss for Family and Community**

Lester Crown described his son as an exceptional individual and a great leader for their family, community, and organizations. He spoke highly of Jim’s intellectual and emotional leadership, as well as his caring nature towards others. Jim Crown was also an esteemed member of the Commercial Club of Chicago and was dedicated to helping young men find employment opportunities. Chicago Mayor Brandon Johnson acknowledged Jim’s contributions to the city and expressed his gratitude for Jim’s commitment to collaborating with his administration to create a safer Chicago.

**Jim Crown’s Business Ventures and Philanthropic Endeavors**

As the CEO of Henry Crown & Co., Jim Crown played a crucial role in the family business, which includes investments in public and private securities, real estate, and operating companies. Additionally, he served as the managing partner of Aspen Skiing Co. and held positions as the lead director at General Dynamics Corp. and a director at JPMorgan Chase. Jim was also actively involved in various boards and committees, such as The Aspen Institute and the Museum of Science and Industry in Chicago. His expertise and dedication led to an appointment by former President Barack Obama to the President’s Intelligence Advisory Board.

**Remembering Jim Crown’s Legacy**

The Crown family expressed deep sadness over Jim’s sudden passing and requested privacy during this difficult time. They plan to announce details regarding a memorial to honor Jim’s remarkable life at a later date. Jim Crown’s accomplishments and commitment to his family and community will always be remembered.

**Early Life and Education of Jim Crown**

Jim Crown was born in Chicago in 1953 and completed his bachelor’s degree in political science from Hampshire College in Amherst, Massachusetts in 1976. He went on to earn his law degree from Stanford Law School in 1980. After graduating, he joined Salomon Brothers Inc. in New York as an associate and rose to the position of vice president in the Capital Markets Service Group in 1983. In 1985, Jim joined his family’s investment firm in Chicago.

**Jim Crown’s Surviving Family**

Jim Crown is survived by his wife, Paula, his parents Lester and Renée, six siblings, four children, a son-in-law, and two grandchildren. His loved ones and the community will fondly remember him for his remarkable contributions and his commitment to making a positive impact on the world.

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