Texas billionaire Charles Wyly killed in car crash

Author Topic: Texas billionaire Charles Wyly killed in car crash  (Read 685 times)

0 Members and 1 Guest are viewing this topic.

Offline Clyde Barrow

  • Member
  • *****
  • Posts: 873
Texas billionaire Charles Wyly killed in car crash
« on: August 08, 2011, 11:28:45 AM »
http://www.msnbc.msn.com/id/44056085/ns/us_news-giving/#.Tj__fL_AqPs

DALLAS — Texas billionaire and philanthropist Charles Wyly, whose family donated millions of dollars to Republican causes and Dallas arts projects, has died after a car accident in Colorado, authorities said. He was 77.

Wyly, who maintained a home near Aspen, Colo., was turning onto a highway near the local airport when his Porsche was hit by a sport utility vehicle Sunday, the Colorado State Patrol said in a statement. Wyly died at Aspen Valley Hospital.

"He is among the finest people I have ever known," William Brewer III, Wyly's attorney and long-time friend, said in a statement to The Associated Press. "His contributions in business, philanthropy and civic leadership will forever be remembered."

The other driver suffered moderate injuries.

In Texas, Wyly and his younger brother, Sam, along with their wives, gave $20 million to help build Dallas' performing arts center. They also donated big, but quietly, to Republican causes: the brothers had said they'd given about $10 million to GOP candidates and causes since the 1970s.

Texas Gov. Rick Perry was one of the biggest political beneficiaries, receiving more than $300,000 combined from the Wylys since 2000, according to Texas Ethics Commission reports. According to the nonpartisan Center for Responsive Politics, the brothers had donated almost $2.5 million to more than 200 Republican candidates and committees at the federal level over the past two decades.
“It is curious - curious that physical courage should be so common in the world, and moral courage so rare”

- Mark Twain