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Sam Zell, Billionaire Real Estate Investor, Dies at 81
Sam Zell, the billionaire investor who called himself “the Grave Dancer” for his bets on distressed assets, including a losing wager that drove the Tribune Co. into bankruptcy, has died. He was 81. He died today due to complications from a recent illness, according to a statement from his company, Equity Group Investments, which called him “a self-made, visionary entrepreneur.” Zell cut an elfin figure and cultivated a rebellious persona, with displays of salty language, a penchant for motorcycles and frequent media appearances. The Chicago-born son of Polish refugees, he built a fortune in real estate and a ... (full story)