Jeffry Picower

Categories: News | Current Events | Deaths | Money
  • Jeffry Picower was a billionaire philanthropist and investor who reportedly gained more than $7 billion dollars in the $65 billion Bernard Madoff Ponzi scheme. On October 25, 2009, the 67-year-old Picower was found dead in the swimming pool of his Palm Beach, Florida, home. A subsequent autopsy found that Picower suffered a heart attack and drowned.http://www.foxnews.com/story/0,2933,569576,00.html?test=latestnews

    The trustee handling the Bernie Madoff case said Picower was "the biggest beneficiary of Madoff's scheme."http://www.nydailynews.com/money/2009/10/26/2009-10-26_palm_beach_billionaire_madoff_beneficiary_found_dead_at_bottom_of_his_pool.html

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