Bruce Wasserstein, Lazard Chief & NY Mag Owner, Dies

The NY Times reports, "Bruce Wasserstein, a Wall Street investment banker who helped pioneer the hostile takeover in the 1980’s and turned the mergers and acquisitions business into a high art, died Wednesday." The 61-year-old, who was #147 on the latest Forbes Richest Americans list, had been in the hospital for an irregular heartbeat. He was the chief executive of Lazard Freres and also owned New York magazine.

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By Jen Chung in News on October 14, 2009 4:31 PM

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Steven

All the money goes to the grave with him.

just saying

Not necessarily.

Earlier this year he was secretly re-married to a considerably younger Asian woman. (But there is no indication that this contributed in any way to his heart condition.)