Jonathan Bush | |
|---|---|
| Born | Jonathan James Bush (1931-05-06)May 6, 1931 Greenwich, Connecticut, U.S. |
| Died | May 5, 2021(2021-05-05) (aged 89) Jupiter, Florida, U.S. |
| Alma mater | Yale University |
| Occupation | Banker |
| Political party | Republican |
| Spouse | |
| Children | Jonathan S. Bush Billy Bush |
| Parent(s) | Prescott Sheldon Bush Dorothy Walker Bush |
| Relatives | SeeBush family |
Jonathan James Bush (May 6, 1931 – May 5, 2021) was an American banker. Bush was the fourth child and third son of U. S. SenatorPrescott Bush and his wife Dorothy Bush. Through his brother, PresidentGeorge H. W. Bush, he was an uncle of PresidentGeorge W. Bush and former Florida governorJeb Bush. He died in Florida, hours before his 90th birthday.
Bush was born inGreenwich,Connecticut,[1] toPrescott Sheldon Bush, a politician, andDorothy Wear Walker Bush (July 1, 1901 – November 19, 1992). He graduated fromThe Hotchkiss School andYale University, where he was a member ofSkull and Bones.[2]: 145, 179 The fourth child in the family, he was the brother ofPrescott Bush Jr. (1922–2010), the 41stpresident of the United StatesGeorge H. W. Bush (1924–2018),Nancy Bush Ellis (1926–2021), andWilliam "Bucky" Bush (1938–2018). He was the uncle of the 43rd presidentGeorge W. Bush. Like his brother George H. W. Bush, he was a member ofDelta Kappa Epsilon fraternity at Yale.
Bush and his wife Josephine are the parents of entertainment reporterBilly Bush and health care executiveJonathan S. Bush.[3]
As of December 31, 2018, Jonathan Bush had retired from Fairfield, Bush & Co., an investment advisory firm inNew Haven,Connecticut.[4]
Jonathan Bush founded J. Bush & Co., which provided discreet banking services for theWashington, D.C., embassies of foreign governments for many years. In 1997,Riggs Bank bought J. Bush & Co. and made BushCEO & President of Riggs Investment, a firm based in New Haven, Connecticut.
In the early 1980s, Jonathan Bush helped organize investors forGeorge W. Bush's first oil venture,Arbusto Energy, later called Bush Explorations.
During the2000 presidential campaign, Bush was a major contributor and fundraiser to his nephew's election and was named a "Bush Pioneer" for raising more than $100,000 for the campaign.[5]
Bush died on May 5, 2021, the day before his 90th birthday.[6][7][8][9] At the time of his death, he was the last surviving child ofPrescott Bush and Dorothy Walker Bush.
On May 15, 2004,The Washington Post published an article that said, "A political Web site written by aDemocratic operative drew attention yesterday to the fact that President Bush's uncle, Jonathan J. Bush, is a top executive at Riggs Bank, which this week agreed to pay a record $25 million in civil fines for violations of law intended to thwartmoney laundering."[10]
The bank accounts under investigation may have beenSaudi, though the article did not say so. It did, however, go on to say: "a source familiar with the multiple federal investigations of the bank's Saudi accounts and other embassy accounts say Jonathan Bush's investment advice unit has 'no relationship whatsoever' with any of the Riggs's Saudi accounts." Moreover, the newspaper quoted a spokesman for theOffice of the Comptroller of the Currency as saying "any suggestion of political influence in the Riggs situation is 'preposterous.'"
In 1991, Bush was fined $30,000 inMassachusetts and several thousand dollars inConnecticut for violating registration laws governingsecurities sales. He was barred from securities brokerage with the general public in Massachusetts for one year.[11]
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