Late Steve Bing, died at 55. He was best known for writing “Kangaroo Jack” and investing hugely in the Tom Hanks’ film, “The Polar Express”.
The Police sources says, the famed writer/producer died by suicide on Monday after jumping from the 27th floor of a luxury apartment building in L.A.’s Century City neighborhood. Bing lived in that building, and also sources connected to him tell us that he’d been depressed about lack of human contact during quarantine. We don’t really know if that’s cause of the suicide.
Mr Bing, the founder of Shangri-La Entertainment, reportedly dropped out of Stanford Junior year after inheriting around $600 million from his grandfather, who was a real estate developer. After dropping out, Mr Bing pursued a career in Hollywood and his first big-budget hit came as executive producer of the Sylvester Stallone film, “Get Carter,” in 2000.
Mr Bing went on to write “Kangaroo Jack” in 2003 and later invested nearly $100 million in ‘Polar Express.’ That was reportedly nearly half the production cost, and it went on to gross nearly $300 million globally at the box office.
However, Mr Bing produced “Hotel Noir” in 2012. That same year, Bing committed to Bill Gates and Warren Buffett’s “Giving Pledge” to give away the majority of his wealth over his lifetime.
Mr Bing is survived by two children, daughter Kira Bonder, who he had a connection with former pro tennis player Lisa Bonder and son Damian Hurley from his Ex-wife relationship with Elizabeth Hurley.