James Schine Crown (June 25, 1953 – June 25, 2023)[1] was an American businessman and heir. He was president of Henry Crown and Company, a family investment company.[2] Crown was a director of JPMorgan Chase & Co., General Dynamics and Sara Lee. He was also the managing partner of the Aspen Skiing Company.[3]
Early life[edit]
Crown was born the son of Renée (née Schine) and Lester Crown. His mother was the sister of producer G. David Schine[4] and the daughter of theater and hotel magnate, Junius Myer Schine. His grandfather was Chicago industrialist Henry Crown. His sister was Susan Crown.
Career[edit]
In 1976, Crown earned a Bachelor of Arts from Hampshire College in Amherst, Massachusetts, and a Juris Doctor from Stanford Law School in 1980. He served as chairman of the board of trustees of the University of Chicago from 2003 to 2009.[5][6] After law school, Crown worked as an associate for Salomon Brothers in New York City where he became a vice president in the Capital Markets Service Group in 1983.[7]
In 1985, he returned to Chicago to join his family's investment firm.[7]
In June 2023, Crown served as the chairman of the Commercial Club of Chicago Civic Committee's public safety task force.[8]
Personal life[edit]
In 1985, Crown married Paula Hannaway, a 1980 magna cum laude A.B. graduate of Duke University and 2012 M.A. graduate of School of the Art Institute of Chicago.[7] The couple had four children.[7]
Crown died in a single vehicle accident at the Aspen Motorsports Park in Woody Creek, Colorado, on June 25, 2023, his 70th birthday.[1]
Henry Crown (né Krinsky; June 13, 1896 – August 14, 1990) was an American industrialist and philanthropist. Among other things, he founded the Material Service Corporation, which merged with General Dynamics in 1959. At the time of his death, he was a billionaire. Henry Crown and Company, of which he is the namesake, is an investment firm that owns or has interests in a variety of business assets.[1] From 1951 to 1961, he was the owner of the Empire State Building.[2]
Early life and career[edit]
Crown (birth name: Henry Krinsky) was born in 1896 to Jewish immigrants from Lithuania.[3][4] He was the third of seven children of a sweatshop worker, Arie Krinsky (1861–1937), and his wife Ida (1871–1956) .[5] His father changed the family name to Crown while Henry was a boy.[5] Crown did not attend school past the eighth grade.[5] In 1915, at the age of 19, he and his elder brother Sol founded S. R. Crown & Company, a steel broker.[5]
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