Delaware Business Now
DuPont, 86, had been in ill health for some time.
While serving as governor, duPont, the Republican and a member of the prominent Delaware family, is widely credited with helping Delaware pull out of a steep economic decline.
His administration pushed through the Financial Center Delaware Act, which brought tens of thousands of financial services jobs to Delaware after the state lifted interest rate caps on credit cards and made other changes.
The lack of interest rate cap led to the state becoming a credit card mecca. Banks also located back office and technology jobs in Delaware.
The Pete duPont Freedom Foundation, founded in his honor, released the following:
Former Delaware Gov. Pete duPont has died. DuPont, 86, had been in ill health for some time. While serving as governor, DuPont, a Republican and a member of the prominent Delaware family, was widely credited with helping Delaware pull out of a steep economic decline. His administration pus