Lewis Katz was the co-owner of The Philadelphia Inquirer.

Lewis Katz graduated Temple university.

Previously owned professional basketball’s New Jersey Nets and professional hockey’s New Jersey Devils.

He has been killed in a plane crash near Boston.

The businessman was on board a private jet that burst into flames as it was trying to take off on Saturday night from Hanscom Field airport.

All 7 passengers on the aircraft were killed.

The cause of the crash is being investigated.

Mr Katz and his partner acquired full control of the Inquirer last week, promising to revive the newspaper.

He was also the co-owner of the Philadelphia Daily News and the news website, Philly.com.