Billionaire coal executive Chris Cline killed in a helicopter crash in the Bahamas, according to reports.
Cline, who founded the Cline Group and later Foresight Energy and built himself into one of the preeminent coal producers in the country, was one of seven people on a helicopter that crashed near Grand Cay on the Fourth of July, according to his lawyer Brian Glasser.
Bahamas officials did not confirm Cline was on board, however, they did identify the helicopter by tail number. The helicopter was owned by Cline's Challenger Management LLC. West Virginia Gov. Jim Justice, a coal industry executive himself, mourned the loss of his friend, writing,"Today we lost a WV superstar and I lost a very close friend. Our families go back to the beginning of the Cline empire - Pioneer Fuel. Chris Cline built an empire and on every occasion was always there to give. What a wonderful, loving, and giving man. Cathy and I are praying for his family and all those involved in this tragedy."West Virginia state Sen.
The executive founded Foresight Energy in 2006 when he bought mining rights in Illinois and struck it big. Forbes estimated Cline's worth at $1.8 billion at the time of his death. He was ranked as the 388th-richest person in America in 2017.
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