New details emerge in shock suicide of financier Thomas Lee

New details emerged Friday in the shocking suicide of billionaire financier Thomas H. Lee — including how he was found in his office bathroom with a single gunshot wound to his head and his Smith & Wesson revolver next to him, police sources told The Post.

Lee, 78, was discovered by a female assistant on the floor of the bathroom in his office at the Fifth Avenue headquarters of his eponymous financial firm shortly after 11 a.m. Thursday, sources said.

The assistant went to look for her boss because he hadn’t been heard from, sources said.

First responders found Lee lying on his side with a self-inflicted gunshot wound to the head, sources said.

Life-saving efforts at the scene were unsuccessful, and Lee was pronounced dead at 11:26 a.m., sources said.

The revolver found at his side was registered and licensed to him, sources said. The pistol’s license was in the office at the time, they said.

According to Forbes, Lee was worth an estimated $2 billion when he died.


Thomas H. Lee
Thomas H. Lee died at 78 on Thursday morning.
Bloomberg via Getty Images

Thomas H. Lee and wife Ann Tenebaum
Lee is survived by his wife, Ann Tenebaum (left), and five children.

Lee was so renowned for his backroom savvy that he “was the inspiration for Oliver Stone’s ‘Blue Horseshoe Loves Anacott Steel’ from the hit ‘Wall Street,’ ” a source who knew the financier told The Post, referring to the code language used in the 1987 flick for character Gordon Gekko and a company he was eyeing for a buyout.

“But [he] was one of the most generous, and kindest people [I] ever met,” the source said of the tough businessman.

The uber-connected Lee, who was married and had five children, “was regarded as having one of the most admired houses in the Hamptons — Bill and Hillary Clinton were frequent guests, they would regularly stay there,’’ the source said.

He was a regular at Maidstone golf club, according to people who knew him.


Lee reportedly hosted the Clintons at his East Hampton estate regularly and frequently played at the famed Maidstone golf club.
Doug Kuntz

President Bill Clinton (R) and late Boston-based businessman Thomas Lee (L) play a round of golf at the Farm Neck Golf Club of Martha's Vineyard in 1999.
President Bill Clinton (R) and Lee (L) pictured together at the Farm Neck Golf Club of Martha’s Vineyard in 1999.
AFP via Getty Images

Lee is seen at his office in 2019.
Lee was found on his side with a self-inflicted gunshot wound to the head, sources say.
Bloomberg via Getty Images

In a statement issued Thursday, Lee’s family friend and spokesman Michael Sitrick said the Wall Street titan’s family was “extremely saddened” by his passing.

“While the world knew him as one of the pioneers in the private equity business and a successful businessman, we knew him as a devoted husband, father, grandfather, sibling, friend, and philanthropist who always put others’ needs before his own,” Sitrick said.

A graduate of Harvard University, Lee was perhaps best known for leveraging a massive buyout of Snapple in 1994. He was also an avid art collector with influential pals such as the Clintons, who famously holed up at his Hamptons pad after the 2008 Democratic primary.

If you are struggling with suicidal thoughts or are experiencing a mental health crisis and live in New York City, you can call 1-888-NYC-WELL for free and confidential crisis counseling. If you live outside the five boroughs, you can dial the 24/7 National Suicide Prevention hotline at 988 or go to SuicidePreventionLifeline.org.