• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

New York City women are making up to $30,000 per month by renting out their closets to strangers

2

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

3

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

1

New York City women are making up to $30,000 per month by renting out their closets to strangers

2

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

3

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

Remembering Warren Hellman

By
Adam Lashinsky
Adam Lashinsky
Down Arrow Button Icon
By
Adam Lashinsky
Adam Lashinsky
Down Arrow Button Icon
December 19, 2011, 1:00 AM ET
Add Fortune on Google for similar content.



Warren Hellman, 1934-2011
FORTUNE — I saw the great financier, big-hearted philanthropist and enthusiastic banjo player Warren Hellman twice this year. My two sightings, neither of which had anything to do with his career as the co-founder of the leading San Francisco private-equity firm Hellman & Friedman, say a lot about this towering yet kindly man.

My first glimpse of Hellman was from afar. Sherith Israel, a grand, old San Francisco synagogue, was holding a party in late March to celebrate the re-opening of its famous domed sanctuary. It widely advertised the entertainment to commemorate the event: A concert called “Hardly Strictly Shabat,” featuring Hellman’s bluegrass band, the Wronglers. The name of the event was a nod to the Hardly Strictly Bluegrass Festival that Hellman funded each year in Golden Gate Park. (Days ago the city re-named Speedway Meadow, where the music festival is held, Hellman Hollow.)

Hellman was active in Jewish causes in San Francisco. But his appearance at Sherith Israel was notable  because this wasn’t his temple. Years ago, Hellman’s family helped found Temple Emmanuel, the richer, neighboring rival to Sherith Israel. Hellman joked about this, and also his late-in-life interest in the religious aspects of Judaism.

I took my then four-year-old daughter to see the concert/sabbath service. I think she enjoyed the music, and I know she enjoyed the festive nature of the event. I’m certain that there were many in the packed sanctuary who came in part to see the spectacle of Warren Hellman’s band playing at a synagogue. The big showing was a financial shot in the arm to Sherith Israel, and it was just like Hellman to lend his time to a group that needed him.

In May, I walked across the street from my office in San Francisco to interview Hellman in his office. I had become intrigued in the high-octane support for competing pension-reform plans then being proposed in the city. One, led by the city’s public defender, was backed by billionaire venture capitalist Michael Moritz. The other cobbled together a coalition of city unions and public officials, led by interim Mayor Ed Lee and supported by Hellman.

Hellman had spent hours cajoling the contentious parties within what is called the “San Francisco family” to reach consensus. He was trying to be helpful. He also was grateful to city agencies, such as the police and fire fighters, who had assisted his beloved music festival.

My time with Hellman that spring day was memorable. As a founder of Bay Citizen, a newfangled, non-profit approach to local journalism, he was as interested in talking about the future of the media as he was about pension reform. Surrounded by his many banjos, he wanted to know my thoughts about journalism. He was also grumpy. He told me about a horrible row he’d had with the members of his band, some of whom are professional musicians, when he found out they had rehearsed without him. Hellman was universally praised as a kind man, but I would not wanted to have been one of his band members when he learned he’d been left out.  (He said he had worked things out more than satisfactorily, but I could tell he was still genuinely angry.)

Hellman didn’t have to help the city. (The proposal he backed was approved by voters in the November election.) He didn’t have to help Sherith Israel. He didn’t even have to help Fortune Magazine. For the article I published in June, he gamely traveled to a photo studio to pose with Tom O’Connor, head of the fire fighters’ union. (The photo is a classic: The pugnacious civic leader and the pugnacious union chief, sticking to their guns.) He helped because he felt he owed the city and the many other institutions and communities that had given so much to him. I also suspect that gigging in a temple, arm-twisting union heads and bureaucrats, and sitting for a photo shoot in a national magazine also struck Hellman as a helluva lot of fun. He obviously enjoyed having fun.

Just the other day I was meeting with someone who had an idea related to community journalism and is looking for potential supporters. I suggested he go see  Hellman. “I hear Warren is sick,” he responded. I only very recently had heard this too, though until the San Francisco Chronicle reported it the other day I had no idea how sick. I have no doubt Hellman would have at least heard this guy out had he been well.

That same day, in front of packed audience at the Commonwealth Club of Northern California,  I tried to draw out Walter Isaacson about the conundrum of the legacy of Steve Jobs, I asked: Can we admire a man whose behavior was so often so bad?  (Isaacson argued forcefully that Jobs’s accomplishments outweighed his vices.)

In Warren Hellman we are reminded that those of outsized achievements can be mensches as well. From Wall Street to Golden Gate Park, the world has lost a special person.

About the Author
By Adam Lashinsky
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in

small keyboard
AIOpenAI
OpenAI’s first hardware device debuted at $230. Now, it’s on eBay for $1,850
By Emily ForliniJuly 27, 2026
6 hours ago
Sam Altman thinks the singularity is already here, but an expert says OpenAI’s Hugging Face breach doesn’t prove it
AISam Altman
Sam Altman thinks the singularity is already here, but an expert says OpenAI’s Hugging Face breach doesn’t prove it
By Marco Quiroz-GutierrezJuly 27, 2026
6 hours ago
LeBron James took a pay cut to maybe live in New York and commute to Philly by chopper, risking double taxation as NYC also tries to ban helicopters
Real EstateSports
LeBron James took a pay cut to maybe live in New York and commute to Philly by chopper, risking double taxation as NYC also tries to ban helicopters
By Catherina GioinoJuly 27, 2026
8 hours ago
Photo of Elon Musk
SuccessElon Musk
A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk’s reply: ‘I am actually going to do something along these lines’
By Sydney LakeJuly 27, 2026
8 hours ago
Photo of Netanyahu
PoliticsIsrael
Netanyahu blasts NYC Mayor Zohran Mamdani for ‘fomenting hate’ over ‘bogus’ Gaza war crimes charges
By The Associated Press and Lisa MascaroJuly 27, 2026
8 hours ago
Photo of truck driver
North AmericaCanada
U.S.—Canada bridge opens to traffic in Detroit amid Trump tariffs strain
By The Associated Press, Mike Householder and Ed WhiteJuly 27, 2026
9 hours ago

Most Popular

New York City women are making up to $30,000 per month by renting out their closets to strangers
Retail
New York City women are making up to $30,000 per month by renting out their closets to strangers
By Sarah GlodekJuly 27, 2026
22 hours ago
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
C-Suite
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
By Nick LichtenbergJuly 27, 2026
13 hours ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
3 days ago
An 11-year-old is cleaning his neighbors' trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948
Success
An 11-year-old is cleaning his neighbors' trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948
By Orianna Rosa RoyleJuly 25, 2026
3 days ago
I've been teaching college students for decades. Most of them can no longer finish a book
Commentary
I've been teaching college students for decades. Most of them can no longer finish a book
By Austin SaratJuly 26, 2026
2 days ago
College-educated women are snapping up the highest-earning men without college degrees, leaving the rest further behind
Economy
College-educated women are snapping up the highest-earning men without college degrees, leaving the rest further behind
By Mia OsmonbekovJuly 26, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.