Sunday, February 17, 2008

Steve Fossett Declared Dead

CHICAGO -- Millionaire adventurer Steve Fossett, who risked his life seeking to set records in high-tech balloons, gliders and jets, was declared dead Friday, 5 months after he vanished while flying in an ordinary small plane.

The self-made business tycoon, who in 2002 became the first person to circle the world solo in a balloon, was last seen Sept. 3 after taking off in a single-engine plane from an airstrip near Yerington, Nev., heading toward Bishop, Calif. He was 63.

His wife, Peggy V. Fossett, had him declared legally dead in Cook County Circuit Court as a step toward resolving the legal status of his estate. Judge Jeffrey Malak heard testimony Friday from Peggy Fossett, a family friend and a search-and-rescue expert before deciding there was sufficient evidence to declare him dead.

In 2004, Fossett and his crew broke the round-the-world sailing record by six days. - Full Story

Fossett Website :