Chicago service executive and benefactor Jim Crown eliminated in Colorado racetrack crash

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Chicago business executive and philanthropist Jim Crown killed in Colorado racetrack crash

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James Crown, University of Chicago board of trustees chair, listens throughout a conference, on May 30, 2007, inChicago Crown, an executive and benefactor who just recently revealed an effort to rally other magnate to assist battle violent criminal activity in Chicago, passed away Sunday, June 25, 2023, in an auto accident on a racing track inColorado He was 70.

Milbert O. Brown|Chicago Tribune by means of AP

Jim Crown, an executive and benefactor who just recently revealed an effort to rally other magnate to assist battle violent criminal activity in Chicago, passed away Sunday in an auto accident on a racing track inColorado He was 70.

Crown, a grand son of industrialist Henry Crown and the president of Henry Crown & &Co, was associated with a single-vehicle mishap at the Aspen Motorsports Park in Woody Creek, the Pitkin County coroner’s workplace stated in a press release.

“The official cause of death is pending autopsy, although multiple blunt force trauma is evident,” stated the coroner’s workplace, which categorized the death as unexpected.

Crown’s daddy, investor Lester Crown, stated his kid “was driving a race car, and it hit a wall going around a curve,” the Chicago Sun-Times reported.

“There never was a finer human being in every way,” Lester Crown stated. “He was the leader of our family both intellectually and emotionally, and he looked out for everybody. He also was a great leader also for the community. It’s just a heartfelt loss. There are no words that can express it.”

Jim Crown, a member of the Commercial Club of Chicago, stated this month that he and other Chicago business leaders were dedicated to discovering tasks for as lots of as 10,000 boys, according to the Sun-Times

“Jim was a pillar of Chicago, a prominent voice in the Jewish community, and a true civic leader who loved our city,” previous President Barack Obama and previous very first girl Michelle Obama stated in a declaration. “He cared deeply about Chicago and making it a place where everyone could thrive — no matter who they are or what part of town they call home.”

“Jim gave back to the city through philanthropy and leadership on a number of civic and academic boards as he was deeply committed to investing in Chicago and its people,” Chicago Mayor Brandon Johnson stated Monday in a declaration. “With his generosity, Jim truly embodied the soul of Chicago. I was especially grateful for his commitment to work collaboratively with my administration to build a safer Chicago, having met recently to share ideas.”

Crown’s household service, Henry Crown & & Co., purchases public and personal securities, property, and running business.

He likewise was handling partner of Aspen SkiingCo He had actually been acting as lead director at General Dynamics Cor p. and as a director at JPMorgan Chase, his household stated in a release.

Crown likewise was a trustee on different boards and committees consisting of The Aspen Institute and the Museum of Science and Industry inChicago He was designated by Obama to the President’s Intelligence Advisory Board.

“The Crown family is deeply saddened by the sudden passing of Jim Crown in an accident earlier (Sunday),” his household stated. “The family requests that their privacy be respected at this difficult time. Further details regarding plans for a memorial to remember Jim’s remarkable life will be released at a later date.”

Born in Chicago in 1953, Crown made a bachelor’s in government in 1976 from Hampshire College in Amherst,Massachusetts He got his law degree in 1980 from Stanford Law School, his household stated.

He later on signed up with Salomon BrothersInc in New York as a partner and ended up being a vice president of the Capital Markets Service Group in1983 He joined his household’s financial investment company in Chicago in 1985.

Crown is made it through by his better half, Paula; moms and dads Lester and Ren ée; 6 brother or sisters; 4 kids; a son-in-law; and 2 grandchildren.