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Sam Zell, Chicago billionaire real estate investor, dies at 81

Sam Zell, a Chicago real estate magnate who earned a multibillion-dollar fortune and a reputation as "the grave dancer" for his ability to revive moribund properties has died due to complications from a recent illness. He was 81.

Billionaire real estate magnate Sam Zell - dies at home aged 81

Sam Zell died at home on Thursday due to complications from a recent illness, according to Equity Group Investments, a company he founded in 1968.

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