Notable Business Deaths

  • Isidoro Alvarez (2014)

    Isidoro Alvarez

    The Associated PressMADRID (AP) — Isidoro Alvarez, the head of Spain's El Corte Ingles department store chain who turned the company into an international business with an annual turnover of around 14 billion euros ($18 billion), has died. He was 79.Spanish Economy Minister Luis de Guindos expressed his regret at Alvarez's death in Madrid on Sunday, describing him in a statement as "one of our...

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  • Emilio Botin, 79 (1934 - 2014)

    Emilio Botin

    CRISTINA FUENTES-CANTILLANA, The Associated PressMADRID (AP) — Spanish banking magnate Emilio Botin, who built the country's Banco Santander into a global financial giant and was widely seen as the nation's most influential business leader, has died of a heart attack, the company said Wednesday. He was 79.Banco Santander's board of directors unanimously agreed to appoint Botin's eldest daughter...

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  • S. Truett Cathy, 93 (1921 - 2014)

    S. Truett Cathy

    BERNARD McGHEE, The Associated Press ATLANTA (AP) — Chick-fil-A founder S. Truett Cathy died early Monday at 93. The billionaire rose from poverty, building a privately held restaurant chain that famously closes every Sunday but drew unwanted attention for the Cathy family's opposition to gay marriage. Cathy opened his first postwar diner in an Atlanta suburb in 1946 and by 1967 he had...

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  • Andrew Madoff, 48 (2014)

    Andrew Madoff

    LARRY NEUMEISTER, The Associated Press NEW YORK (AP) — Andrew Madoff, Bernard Madoff's last surviving son, died of cancer on Wednesday, years after turning his father in and insisting he had been duped like the rest of the world into believing history's most notorious Ponzi king was an honest financier. Andrew Madoff, 48, was "surrounded by his loving family" when he died at a hospital...

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  • Dinu Patriciu, 64 (1950 - 2014)

    Dinu Patriciu

    ALISON MUTLER, The Associated PressBUCHAREST, Romania (AP) — Dinu Patriciu, an emblematic politician from Romania's early post-communist years whose later career as an oil tycoon was marred by legal troubles, died Tuesday after a series of illnesses. He was 64.Patriciu died Tuesday in a London hospital, said former Prime Minister Petre Roman, a family friend. Roman said he had been ill with...

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