Tags: Obit | Wyly

Texas Billionaire-Philanthropist Charles Wyly Killed in Colo. Crash

Monday, 08 Aug 2011 09:28 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

DALLAS — Texas billionaire Charles Wyly, whose family has given millions of dollars to Republican causes and Dallas arts projects, died of injuries sustained in a car crash in western Colorado Sunday.

Wyly was turning onto a highway near Aspen when a sport utility vehicle hit his Porsche, the Colorado State Patrol said. The 77-year-old died at a local hospital,.

Wyly maintained a home in a community near Aspen.

Wyly, his brother, and their wives donated $20 million to help build Dallas' performing arts center. The brothers had said they'd given about $10 million to Republican candidates and causes since the 1970s.

Last summer, the Securities and Exchange Commission accused Wyly and his brother of using offshore havens to hide a half-billion dollars in insider trading profits. The brothers strongly denied the claims.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Teenager Survives Flight over Pacific in Jet Wheel Well

Monday, 21 Apr 2014 07:40 AM

A teenage boy who ran away from home survived a five-hour flight in the freezing wheel well of a jetliner that reached 3 . . .

Boston Bombing Nightmare Leads Survivor to Dream Startup

Monday, 21 Apr 2014 06:15 AM

Hours after the blast that ruptured an eardrum and left a 9-inch gash in one leg -- but spared her life -- Amanda North  . . .

Public Funding for U.S. Colleges Rebounds After Years of Decline

Monday, 21 Apr 2014 06:12 AM

Public funding for U.S. colleges increased for only the second time in five years last year, following declines that for . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved