Elsewhere online
February 02, 2016

Obituary: Rusty Rose, Texas Businessman and Major Art Donor

Texas finance mogul Edward "Rusty" Rose, whose art collection made up part of a $215 million gift to the Dallas Museum of Art, died Friday at age 74 after what his family said was a long battle with depression, the Dallas Morning News and Texas Public Radio report.

Mr. Rose founded Cardinal Investment Company, a Dallas brokerage, and from 1989 to 1998 he co-owned the Texas Rangers baseball team as part of an investment group that included former President George W. Bush. He and his wife, Deedie, were one of three wealthy couples who in 2005 pledged their collections to the Dallas museum. An avid birdwatcher, Mr. Rose also gave to numerous conservation and ornithology organizations as well as supporting education, health, and cultural causes.