Segway Owner died in an accident, involving Segway…

In a shocking news that I read today, Jimi Heselden, the owner of Segway PT died in an accident when he fall off the cliff while riding a Segway. Jimi Heselden was a British millionaire chairman of Hesco Bastion and was estimated worth around £166million at the time of his death.

This accident would come as a surprise because Segway PT has just recently been sold to Jimi Heselden earlier this year (2010). This would not seems to bode well for the company as Segway profitability itself was in question since it was launched in 2001.