James Crown, an American businessman, and heir, held important company positions. He served as Henry Crown and Company’s family investment firm president.
Additionally, Crown held directorial roles at JPMorgan Chase & Co., General Dynamics, and Sara Lee. Moreover, he took on the responsibility of being the managing partner of the Aspen Skiing Company.
|Full Name||James Schine Crown|
|Net Worth||$1.8 billion|
|Death||June 25, 2023|
|Date of Birth||June 25, 1953|
|Place of Birth||Chicago, Illinois|
|Age||70 years old|
|Height||6 feet 2 inches|
James Crown Net Worth: How Rich is the American Businessman?
James Crown is a wealthy person who inherited money and is now the president of his family’s company, Henry Brown and Company. He is also a director at JPMorgan Chase & Co. His estimated net worth is around $1.8 billion.
The Crown family, as a whole, is even more affluent than James. According to Forbes’ 2020 list, their combined net worth is $10.2 billion. They were ranked as the 34th richest family in America by Forbes.
James Crown Early Life
Born in Chicago, Illinois, Crown was the son of Renée (née Schine) and Lester Crown. His family lineage connected him to various influential figures: his mother was the sister of producer G. David Schine and the daughter of theater and hotel magnate Junius Myer Schine.
Crown’s grandfather was the well-known Chicago industrialist Henry Crown, and his sister, Susan Crown, is also a notable figure in the business world.
James Crown Education and Early Career
Crown started his education at Hampshire College in Amherst, Massachusetts. He graduated with a Bachelor of Arts degree in 1976. Later, he went to Stanford Law School and earned a Juris Doctor degree in 1980.
Shortly after law school, Crown joined Salomon Brothers in New York City, swiftly rising to vice president in the Capital Markets Service Group by 1983.
James Crown Business Ventures and Career Growth
In 1985, Crown returned to his roots in Chicago to join his family’s investment firm, Henry Crown and Company. He served as the president and played a significant role in directing the family’s diverse investment portfolio.
His business acumen extended to directorial roles at prominent corporations like JPMorgan Chase & Co., General Dynamics, and Sara Lee. In addition, he managed the Aspen Skiing Company, demonstrating his versatility across different industries.
In the later part of his career, Crown also took on civic responsibilities. Notably, he was chairman of the Commercial Club of Chicago Civic Committee’s public safety task force in June 2023.
James Crown Personal Life
James Crown married Paula Hannaway, who graduated with honors from Duke University in 1980 and earned a master’s degree from the School of the Art Institute of Chicago in 2012.
The couple had four children. Tragically, Crown’s life was cut short in a single-vehicle crash at the Aspen Motorsports Park in Woody Creek, Colorado, on his 70th birthday in 2023.
James Crown Death
James Crown, celebrating his 70th birthday, died in a car accident at Aspen Motorsports Park in Woody Creek, Colorado. The accident involved a collision with an impact barrier.
E! News has confirmed the unfortunate passing of James Crown at the age of 70.
Chicago Billionaire James Crown Dead at 70 After Racetrack Crash https://t.co/QlXnylHeCk
— E! News (@enews) June 27, 2023
James Crown’s life story is a testament to his significant contributions to the business and civic world. His financial legacy, valued at over $10 billion, reflects his success and the strength of the Crown family’s business empire.