He was 77.
Wyly, who maintained a home near Aspen, Colo., was turning onto a highway near the local airport when his Porsche was hit by a sport utility vehicle Sunday, the Colorado State Patrol said in a statement. Wyly died at Aspen Valley Hospital.
“He is among the finest people I have ever known,” William Brewer III, Wyly’s attorney and long-time friend, said in a statement to The Associated Press. “His contributions in business, philanthropy and civic leadership will forever be remembered.”
The other driver suffered moderate injuries.
In Texas, Wyly and his younger brother, Sam, along with their wives, gave $20 million to help build Dallas’ performing arts center. They also donated big, but quietly, to Republican causes: the brothers had said they’d given about $10 million to GOP candidates and causes since the 1970s.