Longtime valley resident, investor and philanthropist Foster Friess died today in Scottsdale, Arizona, according to a "Foster's Outriders" email to his supporters. He was 81.
The financier most recently was in national news as a candidate for Wyoming governor in 2018.
At the end of 2020, he solicited 400 friends to choose a single charity to give $100,000 donations to. A quarter to a third of those donations landed in the coffers of local nonprofits, he estimated in an interview with the News&Guide. The Art Association of Jackson Hole, the Jackson Cupboard and PAWS of Jackson Hole were all on that list.
But Friess has also been controversial locally. The billionaire has ties to Turning Point USA, a political action committee that distributed attack ads on local candidates for mayor and Jackson Town Council in the 2020 election cycle, which some said was foreign to Jackson Hole politics.
This is a developing story. Read more in tomorrow's Jackson Hole Daily.