The owner of the newspaper Phily is among the seven people who lost their lives on Saturday when their private jet crashed in a wooded area in Bedford, Massachusetts.
According to authorities, the aircraft caught fire leading to the death of seven people. Among the dead people is the press tycoon, 72-year-old Lewis Katz, co-owner of The Philadelphia Inquirer, the Philadelphia Daily News and philly.com.
Mr Katz made his fortune investing on the Kinney empire and Yankees. He once owned the New Jersey Nets of NBA and the New Jersey Devils of NHL and was a major sponsor of Temple University.
The other victims have not yet been identified.
Photo posted on Twitter showing the time of crash
The Gulfstream IV jet fell in the wood area while it was taking off from the Hanscom airbase. Its destination was the Atlantic City International Airport in New Jersey.
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