Money manager B. Robert Williamson Jr., the nephew of Wall Street investment guru Julian Robertson, was found dead on Sunday in North Carolina, in water surrounding an island.
Williamson, who was 55, was managing director and portfolio manager of hedged U.S. equities strategy at Chilton Investment Co in Stamford, Connecticut. He joined the firm in January 2011.
He was staying with family members at a house on Figure Eight Island, a gated development on a barrier island near Wilmington.
Williamson was reported missing Sunday morning after he did not return from a party Saturday night that took place at another location on the island, less than a mile from the house, according to New Hanover County Sheriff Deputy Jason Augst.
After a search that included a helicopter and a dive team, Williamson's car was discovered underwater off a boat ramp. Authorities do not suspect foul play, Augst said.
Figure Eight Island is a private island with a gated causeway, which means that only people who belong there can even get onto the Island. Most of the 441 houses are oceanfront with their own private beach.
Mr. Williamson must have been pretty drunk if he drove his car into the ocean.
This article also demonstrates that the best way to become a rich money manager is to have an older relative who’s a rich money manager.
Some web research shows that Williamson has been actively involved in giving his family fortune away to poor black people. As I’ve written before, philanthropy is entertainment for rich people.
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A first-time commenter writes:
You horrible person for writing about Rob Williamson this way. He was a wonderful man, loving husband, leaves behind three teenaged children, and he gave much back to the community. The amount of money in his bank account, or in his family's bank accounts is irrelevant.
You should be ashamed for be so flippant and snarky, and for speaking ill of the dead.
Just curious: How much money do you give to charity?
Charity is a hobby and a competition for rich people and not something they do for purely altruistic purposes. And it’s really easy to give a $100 million to charity when you have $200 million. I don’t see why anyone who can’t afford to send their children to a quality private school should be giving money to charity at all. However, I do plan to give some money to the George Zimmerman defense fund once Mark O'Mara provides an official means of doing so.
I provide the community with this blog, which requires a considerable amount of my resources, and does a lot more good for this country than giving a few dollars to some kids in the ghetto.