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Minnesota businessman Irwin Jacobs, wife found death in their home



ORONO, Minn. – The police are investigating the death of the prominent twin city businessman Irwin Jacobs and his wife, Alexandra, whose bodies were found Wednesday morning on April 10 in their Minnetonka mansion.

The authorities did not officially identify the bodies, but in a Wednesday night statement, Jacobs's family confirmed the deaths of the couple, both of which were 77.

"Our family is shocked and destroyed by the death of our parents, Irwin and Alexandra Jacobs," the statement said. "We are heartbreaked by this loss and we ask that our privacy be respected when we mourn in this very difficult time."

The authorities said doctors were discovered at 8.30 in a bed at the Orono home in the 1

700 block of Shoreline Drive. The Orono police, assisted by Hennepin County Sheriff's office, said there was no public risk and no suspect was sought. Orono is located on the north shore of Lake Minnetonka west of Minneapolis.

During a Wednesday afternoon news conference, Orono Chief of Police Correy Farniok said a gun was being recovered from the scene.

Farniok did not want to reveal the identity of the bodies, pending autopsy of the Hennepin County Medical Examiner's office.

Dennis Mathisen, a family for a long time, told the Minneapolis-based Star Tribune that Irwin Jacobs had killed his wife and saw himself. Mathisen said that Alexandra Jacobs, who had been Jacob's wife for 57 years and mother of five children, "had been in a wheelchair for the past year or so and had signs of dementia. Irwin was just distraught about his condition."

Mathisen said he talked to Irwin Jacobs about three days ago and "he was busy. I spoke to his son Mark yesterday and he talked to both. He said Irwin worked up."

Jacobs is known for a long time business career that included the purchase of distressed companies.

One of his most remarkable local transactions was his purchase of the beer business and the brewery on the grain belt in the mid-1970s. He later sold the beer brand to the now defunct G. Heileman Brewing Co. and the brewery and real estate agent of the city of Minneapolis. He also bought Lund Boat Co., which gave Genmar the beginning. He drove the popular fishing boat maker Genmar for decades until his bankruptcy in 2009.

Jacobs had owned J.R. Watkins Co., which produces soaps and other household goods for more than 40 years. Mark Jacobs is president of the Winona company. Jacobs also owned Jacobs Trading Co., a dealer specializing in the liquidation of goods.


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