#1505
Thomas Lee
Overview
- Source of Wealth
- private equity
- Industry
- Finance & Investments
- Residence
- Education
- Harvard University (Bachelor of Arts/Science)
- Children
- 5
Biography
Thomas Lee is best known for orchestrating the sale of Snapple for $1.7 billion in 1994, two years after he bought it, at a return of 32 times equity.
Today Lee is president of private equity firm Lee Equity Partners, which typically invests $50 million to $150 million.
Among his current investments are Summit Behavioral Healthcare, fertility-care provider Prelude Fertility and Taco Bell operator K-Mac Holdings.
The art dealer's son owns works by artists like Willem de Kooning and Jackson Pollock and is a trustee of Lincoln Center and the Museum of Modern Art.
About
Lee's grandfather founded retail outfit Shoe Corporation of America in 1905.
Lee was a member of The Hasty Pudding Club, Harvard's oldest social club.