Jeffry M. Picower (1942-2009) was an American financier, lawyer, and philanthropist. He graduated from the Wharton School of the University of Pennsylvania with a bachelor's degree and from New York University School of Law with a Juris Doctor. Picower founded J.M.P. Associates, a consulting firm, and pursued various investment activities throughout his career. He resided primarily in New York and later in Palm Beach Gardens, Florida. Picower was married to Barbara Picower, with whom he established the Picower Foundation, donating hundreds of millions to medical research, education, and Jewish causes. He died suddenly on October 25, 2009, from a heart attack at his home in Palm Beach Gardens, Florida, at age 67. As an investor, Picower was the largest beneficiary of Bernie Madoff's Ponzi scheme. In the aftermath of its exposure, trustee Irving Picard pursued Picower's estate for $7.2 billion in fictitious profits, which Barbara Picower agreed to forfeit in 2010—the largest such recovery in U.S. history—without admitting wrongdoing.