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Prominent Chicago businessman and philanthropist, James Crown, sadly dies in a tragic car crash at the Aspen Motorsports Park in Woody Creek, Colorado on Sunday.

A devoted leader, both in business and the civic community, Crown's death at 70 has left an irreplaceable void in the heart of Chicago.

James Crown, famed for his leadership at the family business, Henry Crown & Co., and his role as a managing partner at Aspen Skiing Co., died on his 70th birthday while racing on a Colorado racetrack.

As a passionate racer, he met his untimely demise after failing to negotiate a turn and colliding with an impact barrier.

 James Crown Dies :Tragic Loss to Chicago’s Business and Civic Community

James Crown was known for his unwavering dedication to Chicago's development.

A member of the Commercial Club of Chicago, he was instrumental in committing himself and other corporate leaders to finding jobs for up to 10,000 young men from high-crime areas of the city.

His initiative exemplified his devotion to reducing violent crime, setting a goal to curtail the number of killings in Chicago to below 400 per year within five years.

With Crown's passing, Chicago has lost a man of both intellect and emotional resonance.

He was viewed as the anchor of the Crown family and an exceptional leader for the broader community.

His profound impact on the city is akin to a mighty oak falling in the forest, its absence significantly altering the landscape.

James Crown's Philanthropic Endeavors

Crown’s commitment to bettering his city didn't stop at his business initiatives.

He played a significant role in raising funds for President Barack Obama’s first presidential run, thus amplifying his influence on the national stage.

Furthermore, his philanthropic activities were deeply interwoven with his family life; the Obamas, amongst other high-profile guests, were often welcomed at his mountaintop Fourth of July celebrations in Aspen.

Reflecting on James Crown's demise, Chicago Mayor Brandon Johnson echoed the sentiments of many, stating that Crown truly embodied the soul of Chicago through his magnanimity and ceaseless dedication to his city.

 James Crown Dies : A Celebrated Life and Legacy

Survived by his wife, Paula, his four children, two grandchildren, and his parents, Lester and Renée Crown, James Crown's legacy extends beyond his $10.2 billion fortune.

His ethos of humility, intelligence, and simplicity earned him the admiration of his peers and made him one of the wealthiest yet most humble figures in Chicago.