9 months ago
Notable Business Figures Who Died in 2025
In 2025, many important people in business and finance passed away.
These people did different things, like owning big companies, being in charge of banks, and creating famous products.
For example, Virginia McCaskey owned the Chicago Bears, Horst Paulmann started a huge store in South America, and George Foreman was a famous boxer who also sold grills.
Giorgio Armani was a famous fashion designer.
These people were all very successful and left a big impact on the world.
Some of them were very old, like David Murdock who was 102, and some were younger, like Wesley LePatner who was 43.
They all did important things in their lives that we remember.
Virginia McCaskey, the third woman to own a majority stake in an NFL team, died at 102.
Horst Paulmann, founder of South America's largest retailer Cencosud SA, died at 89.
Lee Shau-Kee, known as Asia's Warren Buffett, died at 97 with a fortune of $23 billion.
George Foreman, two-time heavyweight boxing champion and entrepreneur, died at 76.
Giorgio Armani, the fashion designer who established one of the world's most revered fashion labels, died at 91.
- Who
- Notable business and finance figures, including Virginia McCaskey, Horst Paulmann, Lee Shau-Kee, George Foreman, and Giorgio Armani.
- What
- A list of notable business and finance figures who died in 2025.
- Where
- Various locations around the world, including the United States, Chile, Hong Kong, Israel, and more.
- When
- Throughout 2025, from February to December.
- Why
- The article highlights the contributions and legacies of these individuals in their respective fields.
Key facts
- Virginia McCaskey
- Died on Feb. 6 at 102, inherited Chicago Bears
- Horst Paulmann
- Died on March 11 at 89, founded Cencosud SA
- Lee Shau-Kee
- Died on March 17 at 97, founded Henderson Land Development Co.
- George Foreman
- Died on March 21 at 76, two-time heavyweight boxing champion and entrepreneur
- Stef Wertheimer
- Died on March 26 at 98, sold Iscar Metalworking Cos. to Warren Buffett
- Wayne Angell
- Died on April 19 at 94, former Federal Reserve Board of Governors member
- Jose “Pepe” Mujica
- Died on May 13 at 89, former Uruguayan president who legalized cannabis
- Charles Rangel
- Died on May 26 at 94, US congressman from Harlem
- Stanley Fischer
- Died on May 31 at 81, former vice chairman of the US Federal Reserve
- Edgar Lungu
- Died on June 5 at 68, former Zambian president
- David Murdock
- Died on June 9 at 102, longtime owner of Dole Food Co.
- Leonard Lauder
- Died on June 14 at 92, built Estée Lauder Cos.
- William Bagley
- Died on June 9 at 96, founding chairman of the Commodity Futures Trading Commission
- Fred Smith
- Died on June 21 at 80, founder of FedEx Corp.
- S. Daniel Abraham
- Died on June 29 at 100, founder of Slim-Fast meal-replacement shakes
- Wesley LePatner
- Died on July 28 at 43, top executive in Blackstone Inc.'s real estate business
- Donald Weeden
- Died on July 24 at 95, chairman of Weeden & Co.
- Morton Meyerson
- Died on Aug. 5 at 87, top aide at Ross Perot's Electronic Data Systems Corp.
- Goh Cheng Liang
- Died on Aug. 12 at 98, founded Nippon Paint South East Asia
- Jackie Bezos
- Died on Aug. 14 at 78, early investor in Amazon.com Inc.
- Charles Plosser
- Died on Aug. 14 at 76, former president of the Federal Reserve Bank of Philadelphia
- Raymond Mason
- Died on Aug. 22 at 88, expanded Legg Mason Inc.
- Giorgio Armani
- Died on September 4 at 91, fashion designer and founder of Armani
- Robert Redford
- Died on Sept. 16 at 89, actor, director, and founder of the Sundance Film Festival
- Takatoshi Ito
- Died on Sept. 20 at 74, Columbia University professor and economist
- Oscar Wyatt
- Died on Oct. 8 at 101, Houston oilman and founder of Coastal Corp.
- Douglas Lebda
- Died on Oct. 12 at 55, founder and CEO of LendingTree Inc.
- Francisco Pinto Balsemão
- Died on Oct. 21 at 88, Portuguese political figure and media empire builder
- Alfred Broaddus
- Died on Oct. 26 at 86, former president of the Federal Reserve Bank of Richmond
- Gopichand Hinduja
- Died on Nov. 4 at 85, chairman of the Hinduja Group
- Claude Bebear
- Died in early November at 90, built Axa SA into a major insurer
- Bodil Nyboe Andersen
- Died on Nov. 27 at 85, Denmark's first female central bank governor
- Hans-Joerg Rudloff
- Died on Dec. 1 at 85, European finance figure and Eurobond market transformer
- Frank Gehry
- Died on Dec. 5 at 96, architect known for the Guggenheim Museum Bilbao
- Arthur Carter
- Died on Dec. 7 at 93, investment banker and publisher
- Robert Mnuchin
- Died on Dec. 19 at 92, pioneer of block trading at Goldman Sachs
- Louis Gerstner
- Died on Dec. 27 at 83, former IBM chairman and CEO
Quotes
Warren Buffett
Chairman and CEO of Berkshire Hathaway
“The company he built is just remarkable. Just as remarkable is the life he has led.”
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Charles Rangel
US congressman from New York City's Harlem
“I don't believe there's any compassion in capitalism at all. I believe it's survival of the fittest.”
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David Murdock
Billionaire and longtime owner of Dole Food Co.
“I saw no reason I couldn't live to 125.”
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Jon Gray
Blackstone President
“Wicked smart”
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