Sam Zell, billionaire Chicago real estate investor, dies at 81

SERVING AND PROTECTING. WATCH THE FULL STORY TONIGHT ON THE WGN NEWS AT 9. MEANTIME, CHICAGO BILLIONAIRE AND REAL A STATEMENT RELEASED BY HIS COMPANY EQUITY GROUP SAID HE PASSED AWAY AT THE AGE OF 81 FROM COMPLICATIONS DUE TO A RECENT ILLNESS SELL MADE HIS FORTUNE IN REAL ESTATE IN A WIDE VARIETY OF OTHER INVESTMENTS. HE’S ALSO KNOWN FOR THE DEAL THAT DIDN’T WORK OUT THE 20 0, 7, BUYOUT OF THE CHICAGO TRIBUNE. HE TOOK THE COMPANY PRIVATE THE LAST 300 MILLION DOLLARS AND HAD TO FILE FOR BANKRUPTCY PROTECTION IN 20 0, 8, ZELL IS SURVIVED

BY HIS 3RD WIFE, HELEN AND 3

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