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Billionaire Dies in Race Car Crash in Colorado

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James Crown, a Chicago-based billionaire and respected philanthropist, tragically died in a race car crash on Sunday, June 25, his 70th birthday, at the Aspen Motorsports Park in Woody Creek, Colorado.

The Pitkin County Coroner’s Office reported that Crown met with a fatal accident after colliding with an impact barrier at the racetrack and received multiple blunt force trauma. The office has yet to establish the specific cause of Crown’s death, pending further investigation.

At 70, Crown was a vital figure in Chicago’s business community and the owner of Aspen Skiing Company. He was also known for his involvement in a variety of other enterprises.

In reaction to this tragic news, Chicago Mayor Brandon Johnson voiced his deep sadness. He recognized Crown’s substantial contributions to the city, notably his philanthropy and leadership roles on multiple civic and academic boards.

Mayor Johnson further underscored Crown’s embodiment of the true spirit of Chicago through his constant generosity and commitment to the city and its inhabitants. He extended his deepest sympathies to Crown’s wife, their four children, grandchildren, and the wider Crown family.

As reported by CBS Chicago, Crown served on the Civic Committee of the Commercial Club of Chicago. He recently collaborated with the committee to launch an initiative aimed at raising significant funds to address Chicago’s crime rate, working alongside local organizations and leaders.

A week before the tragedy, Crown and his wife attended a state dinner at the White House. Following the news of Crown’s passing, President Biden issued a statement, lauding Crown as an embodiment of America’s best qualities — hard work, compassion, and a strong sense of community.

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