Pete Musser

Pete Musser
Born
Warren Van Dyke Musser[1]

(1926-12-15)December 15, 1926
Harrisburg, Pennsylvania, U.S.
DiedNovember 25, 2019(2019-11-25) (aged 92)
Bryn Mawr, Pennsylvania, U.S.
EducationLehigh University
OccupationChairman of the Musser Group
Known forBillionaire on paper during the dot-com bubble

Warren Van Dyke "Pete" Musser (December 15, 1926 – November 25, 2019) was the chairman of the Musser Group. He was the founder of Safeguard Scientifics, a venture capital firm that invested in technology companies. At the peak of the dot-com bubble, Musser was a billionaire on paper; however, when the bubble burst, he lost almost his entire fortune.[2][3]

Musser was a philanthropist and The Musser Foundation has donated over $50 million to organizations including the Boy Scouts of America.[4] Musser has served on the board of directors of the Cradle of Liberty Council. The Musser Award for Excellence in Leadership from Fox School of Business and Management at Temple University and the Musser Scout Reservation in Montgomery County, Pennsylvania, are named after Musser.

  1. ^ Fund Raiser's Guide to Private Fortunes. 1992-11-01. ISBN 9780914756583. Retrieved 2019-11-26.
  2. ^ Key, Peter (August 5, 2002). "2001: Pete Musser's last stand". American City Business Journals.
  3. ^ Gasparino, Charlie (March 5, 2016). "Life After Lehman Brothers: Dick Fuld's Murky Investment Secrets". Fox Business.
  4. ^ Cite error: The named reference word was invoked but never defined (see the help page).