Education
Georgetown University.
Georgetown University.
He orchestrated the move of the team from Vancouver in 2001, after promising to keep the franchise in Vancouver when he purchased it in 2000. He agreed in 2006 to sell his 70% controlling stake in the Grizzlies to a consortium including Christian Laettner and Brian Davis, but the group missed a deadline for the purchase and Heisley found no other bidder willing to meet the team"s $300M asking price. In 2012 Heisley decided to sell the Grizzlies and step aside from all of his corporate interests due to his advancing age.
Heisley died on April 26, 2014, of complications of a stroke.
He was 77.
Heisley, was born in Washington, District of Columbia, grew up in Alexandria, Virginia, and had residences in Chicago, Illinois, and Jupiter Island, Florida. He appeared several times on the Forbes rich list.
Heisley was also involved in multiple business ventures, such as:
Heico Holding, Incorporated.
The Heico Companies, Limited Liability Company
Heico Acquisitions
Stony Lane Partners
A computer salesman by trade, he used $150,000 from selling his home and $10 million in bank loans to acquire Conco, maker of sewer and drain equipment. Later Heisley expanded his holdings through the purchase of several near-bankrupt Rust Belt manufacturers.
As of 2009, Heico operates 40 companies, largely in steel, construction, and equipment.
He was instrumental in establishing and running the Heisley Family Foundation.