Forstmann obtained the prize when he adopted two orphaned South African boys, Siya and Everest Forstmann, one of whom worked in the family business.

Forstmann is survived by his two sons, Siya and Everest, his brothers Anthony and John, and sisters, Marina Forstmann Day and Elissa Forstmann Moran.

Ted Forstmann, former investment banker and CEO of IMG Worldwide, has died following a battle with brain cancer.

IMG said Forstmann is survived by his two sons Siya and Everest, his brothers Anthony and John, and sisters Marina Forstmann Day and Elissa Forstmann Moran.

Theodore J. Forstmann, a longtime Wall Street financier who was a major player during the wave of corporate takeovers in the 1980s, including the battle for RJR Nabisco in 1988, died Sunday at the … ...

Theodore J. Forstmann, a colorful financier and philanthropist who helped pioneer leveraged buyouts, died on Sunday.

IMG Worldwide CEO Ted Forstmann Dies The Wall Street legend, 71, had battled with brain cancer, but continued to lead the talent management firm that has worked with sports, fashion and other ...

He is survived by his two sons Siya and Everest, whom he adopted from South Africa, and leaves brothers Anthony and John, and sisters Marina Forstmann Day and Elissa Forstmann Moran.

Ted Forstmann, former investment banker and CEO of IMG Worldwide, has died following a battle with brain cancer. He was 71. The company announced the death on Sunday, writing on its website: "It ...