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William Edward Macaulay (1945-2019), an American billionaire businessman renowned for his role as CEO and chairman of First Reserve Corporation, the world's leading private equity fund specializing in the energy sector with $21.5 billion in assets under management, made significant contributions to the finance industry from his early days in The Bronx, New York City, to his philanthropic endeavors. A graduate of the City College of New York and the Wharton School at the University of Pennsylvania, Macaulay's career highlights include his foundational role at First Reserve Corporation since 1983, co-founding Meridien Capital Company, and ranking amongst Forbes' top 400 richest Americans. Notably, his $30 million donation to the City University of New York in 2006 underscores his commitment to education and philanthropy. Macaulay passed away at 74, leaving behind a legacy in the finance sector and philanthropy.
September 02, 1945 in Manhattan, New York City, U.S.
November 26, 2019 (aged 74)
Energy Investments
Energy
United States
Bachelor of Arts/Science, City College of New York; Master of Business Administration, University of Pennsylvania Wharton School
Linda Rodger
2
William Edward Macaulay was born in 1945 and raised in The Bronx, New York City. He attended DeWitt Clinton High School, where he faced challenges due to overcrowding and ethnic tensions. Despite these obstacles, he graduated with a bachelor's degree in economics from City College of New York. Macaulay went on to earn an MBA from the Wharton School at the University of Pennsylvania, where he also served on the executive board.
William Macaulay: Family
William Macaulay was married to Linda Rodger, and together they had two children and two grandchildren. The couple shared an interest in ornithology and bird recordings and were supporters of the Macaulay Library of birdsong.
William Macaulay: Career Highlights
Macaulay's career in finance began at Oppenheimer & Co, where he held various positions in corporate finance and private equity from 1972 to 1982. He co-founded Meridien Capital Company, a private equity buyout firm, before founding First Reserve Corporation in 1983. As the chairman of First Reserve Corporation until his death in 2019, Macaulay oversaw investment programs, strategies, and overall firm management. He was also the founder and largest stockholder of Peppermill Oil Company.
William Macaulay: Companies
William Macaulay's notable companies include:
William Macaulay: Major Achievements
Macaulay's major achievements include building First Reserve Corporation into the world's largest private equity fund specializing in the energy industry, with $21.5 billion under management. He was also ranked among the top 400 richest Americans by Forbes.
William Macaulay: Awards & Achievements
Macaulay's philanthropic contributions were recognized when he donated $30 million to the City University of New York in 2006, the largest single donation in its history. The donation was used to purchase a brownstone for The William E. Macaulay Honors College and create an endowment for its support.
William Macaulay: Personal Life & Legacy
Macaulay lived in Greenwich, Connecticut, with his family.
Sadly, he passed away on November 26, 2019, at the age of 74 in Cleveland due to a heart attack. He left behind a legacy of success in the financial industry and a commitment to philanthropy.
William Macaulay: Trivia
Macaulay shared an interest in ornithology and bird recordings with his wife, Linda. They were supporters of the Macaulay Library of birdsong, which is named after his family.
William Edward Macaulay is born in The Bronx, New York City.
Macaulay works at Oppenheimer & Co, holding various positions in corporate finance and private equity.
Macaulay founds First Reserve Corporation, a private equity fund specializing in the energy industry.
Macaulay donates $30 million to the City University of New York, the largest single donation in its history.
Macaulay passes away at the age of 74 in Cleveland due to a heart attack.
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