Who was James Crown, Cause of death, net worth, age, relationship, career, family and more

James Crown, a successful businessman who was a board member of JPMorgan Chase and a multibillionaire, passed away on Sunday in a racing accident in Colorado.

Who was James Crown?

James Crown was an American businessman and philanthropist. He was born into the influential Crown family, known for their involvement in the industrial and financial sectors. Crown was the son of Lester Crown, the patriarch of the family, and had been actively involved in various business ventures, including serving as a board member for companies such as General Dynamics and JPMorgan Chase. He is also known for his philanthropic efforts, supporting initiatives in education, healthcare, and the arts.

Also Read: State prosecutors to seek death penalty against Bryan Kohberger in Idaho student murders case

Cause of Death

Crown, who turned 70 on Sunday, was killed in a single-vehicle collision at Aspen Motorsports Park in Woody Creek, Colorado, according to The Colorado Sun.

Net Worth

The Crown family, including James Crown and his relatives, is known to be one of the wealthiest families in the United States. They have accumulated their wealth through their involvement in various industries, including finance, investments, and ownership of businesses such as General Dynamics and Material Service Corporation. The Crown family had a net worth of $10.2 billion in 2020, according to Forbes, which at the time estimated it to be the 34th richest family in the world.

Also Read: Jay-Z net worth: Richest rapper in the world featured on Forbes 2023 World’s Billionaires list

Career

Crown has held executive positions and served on the boards of several major companies.

He has been involved with Material Service Corporation, a company founded by his grandfather, Henry Crown, which operates in the construction materials industry.

In addition to his role with Material Service Corporation, Crown has served as a board member for General Dynamics Corporation, a leading aerospace and defense company.

He has been a partner and managing director at Henry Crown and Company, an investment firm that manages the assets of the Crown family. In this capacity, he has been involved in various investment activities and has played a role in shaping the family’s business portfolio.

Furthermore, Crown has served on the board of directors of JPMorgan Chase & Co., one of the largest banking institutions in the United States.

Relationship

Paula Hannaway, a 2012 M.A. graduate of the School of the Art Institute of Chicago and a 1980 magna cum laude A.B. graduate of Duke University, was married to Crown in 1985.

Family

The couple have four kids together.