Thomas Lee
#1505

Thomas Lee

United States 82 years old Self-Made

Overview

Source of Wealth
private equity
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.