James Crown, a prominent businessman from Chicago, passed away on his 70th birthday in a tragic car accident. Crown, who served on the boards of JPMorgan Chase & Co. and General Dynamics Corp., crashed his vehicle at the Aspen Motorsports Park in Woody Creek, Colo. The Pitkin County Coroner’s Office, which is investigating the incident, stated that Crown was “involved in a single-vehicle accident” and suffered “multiple blunt force trauma.” The crash was ruled an accident.
Crown was the chief executive of the investment firm Henry Crown & Co. and held a position as Chairman Emeritus of the Aspen Institute board of trustees. His contributions to JPMorgan Chase & Co. were also recognized by CEO Jamie Dimon in a memo to employees. Dimon acknowledged that Crown played “a key role in helping our company navigate numerous business and economic challenges” during his time on the board.
Despite the tragic loss, James Crown’s legacy as a successful businessman and philanthropist will continue to inspire others.