Intrade CEO Dies On Everest

John Delaney, the CEO and founder of Intrade, has died while attempting to climb Mount Everest. The Daily Mail in England reported that he died 50 meters before reaching the summit.

Tragically, Delaney did not know that his wife Orla had just given birth to his third child, a daughter who is to be called Hope. He died on Saturday but, due to the fact that his team was out of contact with base camp, it has only just been confirmed.

Intrade released a statement saying, "We are sad to announce the death of our founder and CEO, John Delaney, who tragically passed away while attempting his lifelong ambition of climbing Mt. Everest. His wife and children, plus all of the Intrade family, mourn his passing but know also that John always strove for the summit—be it on Everest or with Intrade. It is our goal to give his memory one of those wishes and will do all we can to ensure Intrade's continued success."

Delaney, 42, leaves behind two sons - Casper, three, and Alexander, two, as well as his new daughter Hope.