Business tycoon Michael Kline, who founded the well-known movie ticketing app Fandango in 2000, died after falling from the 20th floor of a hotel in midtown Manhattan. UNN reports with reference to Dailymail.
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Michael Kline, 64, fell to his death, according to preliminary data, from a room window on the 20th floor of the luxurious Kimberly Hotel in Manhattan. According to media reports, he left a note before his death, but its content has not yet been published.
Michael Kline is the co-founder of the movie ticketing company Fandango. It is noted that his movie ticketing business experienced difficulties during the pandemic, when cinemas closed or were forced to adhere to restrictions on the number of viewers for almost two years. The company tried to refocus on streaming, but in 2023 reported a loss of profit.
Kline was also the executive chairman of Juxtapose, another firm that specializes in financing startups.
He also owned several multimillion-dollar homes in the Hamptons on New York's Long Island, Greenwich (Connecticut) and Palm Beach (Florida), which cost him several million dollars.
Among them is a $20.75 million lakeside mansion that he bought during the pandemic in December 2020, the Palm Beach Daily News reports.
Michael Kline graduated from Cornell University and received an MBA from Harvard University. He has been married for almost 30 years and has six children with his wife Pamela.