Billionaire JPMorgan Chase director dies in accident after attending Biden’s state dinner.

A Chicago Billionaire with Close Ties to President Biden and Former President Obama Dies in Tragic Car Crash

A tragic car crash on a racetrack in Aspen, Colorado has claimed the life of James Crown, a Chicago billionaire with strong connections to President Joe Biden and former President Barack Obama. The news was reported by The Wall Street Journal.

James Crown, 70, was not only a director of JPMorgan Chase but also the chairman of the Aspen Institute, which is currently hosting its annual festival in the area.

The Pitkin County Coroner’s Office has confirmed that Crown’s vehicle collided with an impact barrier at the private Aspen Motorsports Park, as reported by The Colorado Sun.

According to the coroner’s office, the official cause of death is pending autopsy, but it is evident that Crown suffered multiple blunt force trauma. The incident has been ruled as an accident.

Jim Crown’s tragic death is such a blow to Chicago, to the many worthy causes he has supported and to all who knew this good and decent man. Terrible, terrible news.
My sympathies to the Crown family.
May his memory be a blessing. https://t.co/njOYUfXzxr

— David Axelrod (@davidaxelrod) June 26, 2023

James Crown was not only a managing partner of Aspen Skiing Co., but he was also the grandson of industrialist Henry Crown and served as a director of General Dynamics Corp.

In a statement on the White House website, President Biden expressed his sorrow over Crown’s passing. He mentioned that Crown and his wife had attended the recent State Dinner for Indian Prime Minister Narendra Modi.

President Biden described Crown as a thoughtful, warm, and good man. He praised Crown for representing the best of America and for his contributions as a business and civic leader. Biden emphasized Crown’s impact on Chicago, his dedication to philanthropy, and his commitment to shaping the city he loved.

Jim Crown was a pillar of Chicago who cared deeply about making our city a place where everybody can thrive. Michelle and I were also very lucky to call him a dear friend. We’re heartbroken today, and we send our love to Paula and their wonderful family in this difficult time. pic.twitter.com/IWLLd1IYtF

— Barack Obama (@BarackObama) June 26, 2023

Former President Obama also expressed his grief on Twitter, describing Crown as a pillar of Chicago who deeply cared about the city and its people. Obama and his wife, Michelle, considered Crown a dear friend and were devastated by the news. They sent their love and support to Crown’s wife, Paula, and their family during this difficult time.

Prior to Obama’s presidency, Crown was an integral part of Obama’s inner circle, as reported by NBC News. Crown played a significant role as a key fundraiser for Obama’s campaign.

The Colorado Sun also highlighted that Michelle Obama had stayed at Crown’s home in Aspen during a ski vacation in 2014.

From President Joe Biden to Chase CEO Jamie Dimon, statements of sympathy are still pouring in following the news of Chicago billionaire Jim Crown’s death at age 70:https://t.co/aDmbvGMdlu via @crainschicago

— Crain’s Chicago Business (@CrainsChicago) June 26, 2023

Chicago Mayor Brandon Johnson also expressed his condolences, acknowledging Crown’s deep commitment to the city and its people. He praised Crown’s philanthropy and leadership on various civic and academic boards. Mayor Johnson appreciated Crown’s collaborative efforts to build a safer Chicago and shared his sympathies with Crown’s family.

The passing of James Crown has left a void in the hearts of many, and tributes and statements of sympathy continue to pour in from various individuals and organizations.

For more information, please visit The Western Journal.

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