The man who jumped to his death from a luxury Midtown hotel this week is believed to be the wealthy co-founder of Fandango, a movie-ticket sales company that has been hit hard by the pandemic, officials and police said Wednesday.
According to law enforcement officials, J. Michael Klein, a 64-year-old “serial entrepreneur” and father of six from Greenwich, Connecticut, fell from the 20th floor of the Kimberly Hotel on Tuesday morning and landed in a third-floor courtyard.
Klein, who was also managing partner at Accretive, a funding firm for startups, left what appeared to be a suicide note before jumping from the building on East 50th Street near Lexington Avenue, the people added.
The contents of the memo were not made public Wednesday.
Klein owns millions of dollars of homes in the Hamptons and Palm Beach, Florida, including a sprawling lakefront estate he and his wife purchased in December 2020 for $20.75 million. Palm Beach Daily News.
Fandango has struggled in recent years due to declining cinema attendance caused by the COVID-19 pandemic. The shift to streamingbut was reported Loss of net income last year.
Klein graduated from Cornell University, received his MBA from Harvard University, and recently Fordham University article As a “serial entrepreneur” who inspired students to dream big and “work with people you can trust.”
He also served as chairman of Juxtapose, a company that focuses on funding startups building consumer-centric companies, according to his online resume.
According to the Harvard alumni website, Klein founded technology solutions company R1 RCM along with small business insurance company Insureon and education solutions company Everspring.
He married his wife, Pamela, in 1995, according to The New York Times. Marriage Announcement.
Pamela Klein and Harvard University did not return calls from The Washington Post on Wednesday.
