Ever since news broke that popular American businessman Irwin Jacobs and wife were found dead in their home in Lake Minnetonka, some people have sought to know what killed Irwin Jacobs and his wife.
A friend and business associate, however said they died in an apparent murder-suicide.
Orono Police Chief Correy Farniok said officers who responded to the Shoreline Drive home shortly after 8:30 a.m. found the bodies in a bed along with a gun.
Jacobs for much of his career was a nationally known investor who looked for unrecognized value in companies and sometimes made huge profits with short-term stock trades, Star Tribune reports.
Alexandra Jacobs was an accomplished painter and a devoted mother and grandmother who avoided the limelight that her husband often relished.
“We are heartbroken by this loss, and we ask that our privacy be respected as we grieve during this very difficult time,” the couple’s children said in a statement, adding that they were shocked and devastated.
The Jacobs children declined further comment.
Dennis Mathisen, a longtime business associate of Irwin Jacobs, told the Star Tribune Wednesday afternoon that Irwin killed his wife and then himself. Both were 77.