YOUR AD HERE »

Judge declares adventurer Steve Fossett legally dead five months after plane disappears in Nevada

CHICAGO (AP) ” A judge in Chicago has declared millionaire adventurer Steve Fossett legally dead, five months after his plane disappeared over the Nevada desert.

Fossett vanished in September after taking off in a light plane, and a long search produced no trace of him.

A Cook County judge heard testimony Friday from Fossett’s wife, Peggy, and a family friend as well as a search-and-rescue expert before deciding there was sufficient evidence to declare him dead.



Fossett earned millions of dollars trading futures and options on Chicago exchanges.

Attorneys representing his estate had filed a petition to have him declared legally dead so his assets could be distributed according to his will.



Fossett was a record-setting balloonist, sailor and pilot who completed nonstop flights around the world.


Support Local Journalism

 

Support Local Journalism

Readers around Lake Tahoe, Truckee, and beyond make the Sierra Sun's work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Your donation will help us continue to cover COVID-19 and our other vital local news.