Pursuits
William Carey, Investor Who Backed Business Schools, Dies at 81
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William Polk Carey, who made a fortune in real-estate finance and donated tens of millions of dollars to improve U.S. business schools, has died. He was 81.
He died yesterday at Good Samaritan Medical Center in West Palm Beach, Florida, his firm, W.P. Carey & Co., said in a statement. The cause was complications following a heart attack, according to Cheryl Perry, a spokeswoman for the company. A resident of New York City, he was in Florida for the holidays.