Lee was pioneer of private equity investment and leveraged buyouts died at the age of 78.

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Cause of death was a self-inflicted gunshot wound to the head.

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According to Forbes, Thomas H. Lee had a net worth of $2 billion at the time of his death.

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Lee was born in Washington and his father Herbert was employed by the Shoe Corporation of America.

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Lee worked for 8 years at the First National Bank of Boston till the position of Vice President by 1973.

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Lee was also an avid art collector, owning art works by Willem de Kooning and Jackson Pollock.

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Lee was also a trustee of Lincoln Center and the Museum of Modern Art.

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Lee did his bachelor’s degree in economic from Harvard College in 1965.

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