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June 1, 2014 10:58 am

Jewish Billionaire Philanthropist Lewis Katz Dies in Private Jet Crash

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Lewis Katz.

Jewish Exponent – Lewis Katz, 72, co-owner of The Philadelphia InquirerThe Daily News, as well as a major philanthropist in the Jewish world, passed away on Saturday night after the crash of a private jet in Massachusetts.

Katz had recently won the auction of the parent company of the Philadelphia Inquirer and Philadelphia Daily News with a bid of $88 million during a closed-door session, along with “Gerry” Lenfest.

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