Chairman and CEO of Southern Union, George Lindemann, has passed away
George Lindemann, a renowned American billionaire businessman and philanthropist, passed away on June 21, 2018. He was 82 years old at the time of his death.
Who was George Lindemann?
Early life and Business
George Lyle Lindemann was born on March 26, 1936, to a Jewish family in New York. He earned his bachelor’s degree in economics from the Wharton School of the University of Pennsylvania and began working for his father’s cosmetics company in 1957. He sold his family’s company to Cooper Labs in 1971 for $75 million and founded a cable TV firm, Vision Cable, in 1972, which he sold for $220 million. He also founded a cellphone company, Metro Mobile, which he sold to Bell Atlantic for $2.5 billion in 1991.
He became chairman and CEO of Southern Union, a fossil fuel infrastructure and pipeline company. He sold to Energy Transfer Equity for $2.0 billion in 2012. He was also the owner of 19 Spanish-language radio stations and vice president of the Metropolitan Opera Association in New York City. He ranked #703 on the Forbes 2018 list of the world’s billionaires, with a net worth of US $3.3 billion.
Personal Life and Philanthropy
Lindemann was a member of the Jewish Federation of Palm Beach County. He was married to Frayda B. Lindemann, vice president on the board of the Metropolitan Opera. They have three children.
George Lindemann and his wife Frayda were donors to Brown and NYU. Their donations at the NYU Law School pay full tuition for one year for an NYU law student pursuing public service. He also supported Brown University’s Political Theory Project to encourage the study of political topics from a “variety of ideological perspectives.” They also initiated The Lindemann Young Artist Development Program at the Metropolitan Opera and donated generously to the Greenwich Hospital Foundation.
How did George Lindemann die?
George Lindemann passed away on June 21, 2018, surrounded by loved ones. He was 82 years old at the time of his passing. The details of his death have not been made public. The exact cause of his death is unknown. The New York Times published his obituary on the same day of his passing. His death marked an immense loss for his community in Palm Beach and the broader community. Many had not hesitated to extend their condolences to the bereaved family and friends.
The Metropolitan Opera expressed condolences and acknowledged Lindemann as a distinguished businessman and philanthropist. His legacy will live on in the philanthropic works he put in motion and the arts and culture he encouraged through his programs.
Source: uptospeedjournalism.com
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