1. Headline
  1. Headline
British millionaire businessman, Jimi Heselden, is seen in this undated handout photograph
Ho  /  Reuters
British millionaire businessman, Jimi Heselden, who owns the firm Segway is seen in this undated handout photograph received in London on September 27, 2010. Heselden, who bought the U.S.-based firm that manufactures the self-balancing Segway scooter, was found dead at the bottom of a cliff with one of the two-wheeled electric scooters near his body, police said on Monday. REUTERS/Andy Paraskos, Hesco/Handout
updated 9/28/2010 7:48:21 AM ET 2010-09-28T11:48:21

The British millionaire businessman who owns the firm Segway has been found dead at the bottom of a cliff with one of the two-wheeled electric scooters near his body, police said on Monday.

Jimi Heselden, 62, who bought the U.S.-based firm, and who was also chairman of Hesco Bastion, was discovered in a river near Leeds, northern England, on Sunday.

The incident, described as a freak accident in the media, was not being treated as suspicious. A Segway was found near his body, a police spokeswoman said. "It is with great sadness that we have to confirm that Jimi Heselden has died in a tragic accident near his home in West Yorkshire," Hesco Bastion said in a statement.

A family spokesman said speculation about the cause of his death had been deeply upsetting.

"There is absolutely nothing to suggest it was anything other than a tragic accident," he said in a statement.

Invented by Dean Kamen, the self-balancing Segway scooter was made famous by then U.S. President George W. Bush when he took one for a spin, only to jump off after losing control.

Heselden, a former miner who left school at the age of 15, became a wealthy businessman, donating millions of pounds to charity. This month, he gave 10 million pounds ($16 million) to a community project which helps disadvantaged areas.

He made his fortune with Leeds-based Hesco Bastion, which developed a flat-pack wire mesh "blast wall" container, replacing the traditional sandbags, used by British and coalition troops in Afghanistan and Iraq.

Media reports said Heselden was one of Britain's richest men, with a fortune put at 166 million pounds ($260 million).

Copyright 2012 Thomson Reuters. Click for restrictions.

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

More on TODAY.com

None
  1. Vogue

    Katy Perry: Russell Brand dumped her via text

    6/18/2013 8:23:07 PM +00:00 2013-06-18T20:23:07
None
  1. NSA: Surveillance thwarted NYSE, subway bombings

    National Security Agency surveillance programs helped disrupt plots to bomb the New York Stock Exchange and the New York subway system, an FBI official told Congress on Tuesday.

    6/18/2013 7:59:40 PM +00:00 2013-06-18T19:59:40
None
  1. Homely pooches prepare for World's Ugliest Dog contest

    6/18/2013 9:04:11 PM +00:00 2013-06-18T21:04:11
None
  1. Hank Walker / Time Life Pictures / Getty Images file

    Why we’ve been obsessed with Hoffa for 38 years

    6/18/2013 9:09:20 PM +00:00 2013-06-18T21:09:20
None
  1. Getty Images file

    Etheridge: Jolie mastectomy 'fearful,' not 'brave'

    6/18/2013 12:09:53 PM +00:00 2013-06-18T12:09:53
None
  1. Obesity is a disease, doctors’ group says

    The American Medical Association officially designated obesity as a disease on Tuesday – a disease that requires medical treatment and prevention.

    6/18/2013 10:39:35 PM +00:00 2013-06-18T22:39:35