FORT WORTH—Renowned businessman, philanthropist and Fort Worth native Richard Rainwater died Sunday in Fort Worth.
The 71-year-old's cause of death was related to the degenerative brain disease progressive supranuclear palsy (PSP), which he was diagnosed with in 2009.
In the mid-1980s, Rainwater, a Stanford MBA grad, was hired by the Bass family to handle its investments, and with a “Midas touch,” turned the family's millions into billions thanks in large part to a successful investment in The Walt Disney Co.
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