Murderous Son, Who Killed His Hedge Fund Father Over $200 Allowance, Was A Mentally-Disturbed Princeton Economics Grad

Tyler Durden's picture

The most bizarre story from the past weekend was the shocking murder of Tom Gilbert, 70, founder of the Wainscott biotech-focused hedge fund, who was shot dead in his Sutton Place apartment on Sunday Afternoon: shocking because the alleged shooter was none other than his Millennial, hence unemployed, 30-year-old son. What was certainly unclear at the time was what would be the motivation of a son to kill his successful and wealthy father, especially in such dramatic cold blood.

We now know not only the motivation, thanks to AP:

The son of a millionaire Manhattan hedge fund founder who allegedly gunned down his dad over his allowance has been arraigned on a second-degree murder charge, authorities said.


A law enforcement source told the New York Post that Thomas Gilbert Jr. had just been told by his father that he would only receive $400 for spending money per month from that point on in addition to $2,400 per month for rent. The younger Gilbert had previously received $600 per month.



"She [Mrs. Gilbert] found Senior on the floor with a bullet hole in the head," said Boyce. "She also found a gun resting on his chest with his left hand covering it."

... but also the alleged psychopath's background:

Gilbert Jr. attended Princeton, graduating in 2009 with a degree in economics. Authorities said he had no recent work history.




Gilbert Jr. has a pending criminal case in the town of Southampton, on eastern Long Island.


Gilbert Jr., who has an address in the hamlet of Wainscott, was arrested Sept. 18 on a charge of criminal contempt. Southampton town police say he violated an order of protection issued in Brooklyn in June. Police say he confronted a man named Peter N. Smith at Sagg Main Beach in Sagaponack on Sept. 1.


He has pleaded not guilty and has a Feb. 2 court date scheduled.

And then it gets really bizarre. As the Mail reports, Junior was also charged with 21 counts of criminal possession of forgery devices after skimming device and 21 blank credit cards found at his home, and may have also burned down a rival's Hamptons mansion:

A Princeton graduate who was on Monday charged with murdering his multimillionaire father and attempting to stage the death as a suicide was also the prime suspect in an arson attack that burned down a rival's Hamptons mansion, it has been revealed.


Tommy Gilbert Jr, 30, was arrested in September for violating a restraining order taken out by Peter N. Smith, days after Mr Smith's father's home went up in flames.


Princeton graduate Gilbert Jr appeared in court charged with shooting dead his father, Thomas Gilbert Sr, at the family's luxury Manhattan apartment in a fight over his allowance being cut.


The Ivy Leaguer was a mainstay at New York society black-tie events in recent years but one ex-girlfriend revealed details of his dark side on Monday. 


Manhattan socialite Anna Rothschild, 49, whom he dated last year, said Tommy was a loner with few friends who deeply resented his father and was obsessed with how he would 'never be good enough' for his dad.


Gilbert Jr.'s ex-girlfriend Anna Rothschild, 49, says he was a loner whose phone only rang when his mother called. The two are pictured together at a charity gala at the Jane Hotel in last January 


Reports were also emerging today that Gilbert Jr suffered from mental illness and had been off his medication prior to the shooting.


Gilbert Jr was charged with murder and criminal possession of a weapon along with 21 counts of criminal possession of forgery devices after skimming device and 21 blank credit cards were found at the Chelsea apartment his father paid for. 


Gilbert Jr.'s ex girlfriend - twice-divorced Upper East Side socialite Anna Rothschild - told the Post that her former flame was a loner who had few friends and never got phone calls. The only person who ever called him was his mother, Miss Rothschild says. 


Gilbert Jr. was jobless - and seemed to have few prospects, and little interest, for finding serious work.


Instead, he spent most his time in the Hamptons, going to the gym, doing yoga and surfing. 



'How could a guy be that gorgeous, that wealthy, that fit and kill his dad? This is the last thing in a million years that I thought he could do,' Miss Rothschild, 49, told the Post. 


His one professional aspiration was founding his own hedge fund - but he complained that his father wouldn't give him the seed money to start it, Miss Rothschild said. 


Gilbert Jr. has an investment company registered to his $2,400-a-month Chelsea apartment - though it's not clear the firm has any assets under investment.


The company is a called Mameluke Capital - mamelukes being 13th-century Muslim slave soldiers. 


Miss Rothschild said Gilbert Jr. was also preoccupied with how controlling his father was over his money and was convinced that he could never do anything to gain his approval.


* * *


The first thing multiple acquaintances said of Gilbert Jr when asked to comment by Daily Mail Online on their fellow Princeton or Deerfield alumnus was the rumor that he'd burned down his one-time friend's house last summer.



Additionally a long-time resident of East Hampton and acquaintance of Gilbert Sr., who was a member of the upscale Maidstone Club there, also repeated the allegation.


The home belonged to Peter Smith Sr., a friend of the Gilbert family.


The Post reports that Gilbert Jr. had been friends with Peter Smith Jr. - but that they had fallen out over a girl.


The Post also claims that Gilbert Jr. Killed Smith's dog - but this was denied to Daily Mail Online by sources close to the events.


Three days after the fire, on September 18, Gilbert Jr. was arrested for violating an order of protection taken out by Smith Jr.


Peter Smith Jr, 32, declined to comment on the allegations and his sister, Bettina Prentice, did not respond to requests for comment.


* * *


Tommy Gilbert Jr, attended The Buckley school on Manhattan's Upper East Side from kindergarten until eighth grade. Tuition costs around $35,000 a year.


Noteable alumni of the school include actor James Harder, philanthropist David Rockefeller Jr and Robert Wagner, former deputy mayor of New York.


He then went on to the $50,000-a-year Deerfield Academy in Western Massachusetts, which counts the King of Jordan and Prince of Jordan among its alumni.


After graduating from Deerfield in 2003, Gilbert Jr accepted a place at Princeton University where he graduated in 2009.


A friend told Daily Mail Online on Monday: 'He was a really nice person. He was smart, athletic and he went to Princeton.


'He took some leave of absences from Princeton which is why it took him so long to graduate. He must have been really angry to do something so out-of-character.'


* * *


Tommy Gilbert Jr was arrested at his home on Sunday night in the Chelsea neighborhood of Manhattan, following the fatal shooting of his father, the founder of hedge fund, Wainscott Capital.

And so on, more here.

Still, remember: when dealing with murderous psychopathic Princeton economists, correlation is not always causation.

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silverer's picture

I think they'll let him off because he's a Princeton economist. Can't have anyone dragging down the good name of Princeton now, can we?

whotookmyalias's picture

An economist without a high paying job? Whoda thunk?

CrazyCooter's picture

Kill the host? Fiscal discipline?

Kill the host? Fiscal discipline?

Right, kill the host. Fucking economists!



Latina Lover's picture

That's just fucking brilliant1  +1000

Latina Lover's picture

Like father, like son, both criminals.

Yes We Can. But Lets Not.'s picture

Good-looking bonehead shoulda gone to Hollywood and played whilst laboring as some wealthy cougar's pool-boy.

MillionDollarBonus_'s picture

Yet more proof of the violent impulses of white males. White people have a long history of violence, colonial attrocities and oppression of other races. It's up to every white male to recognize these tendencies and actively work to supress his violent and racist urges, whether they be concious or subconcious, physical or cultural. In addition, if they have any integrity, white males should work harder to make reperations for the countless sins of their ancestors.  

Publicus's picture

Side effect of pharmaceutical anti-depressant usage.


Those deadly drugs need to be banned.

economics9698's picture

With a economics degree you can get a job at any Dollar General store, wtf?

Latina Lover's picture

Hey Million Dollar Bonus,


As a white male, do I get a pass on making reparations if I pay cash to the latinas?  Just asking....

MalteseFalcon's picture

I guess sonny skipped the chapter on deflation.

SilverIsKing's picture

Paul Krugman is an economics professor at Princeton.  I think this is very very relevant.

dirtscratcher's picture

Hey, maybe Krugman has a son, too. 

NotApplicable's picture

"Dream a little dream for me..."

J S Bach's picture

Hanging out with a Rothschild... hmmmm. She may have planted a subliminal message - a Stepford boyfriend.

BaBaBouy's picture

Definitely GOLDman Material...

NoDebt's picture

"I want my two dollars!!"  


weburke's picture

no one wants to say "drugs". but looks like it.

Herd Redirection Committee's picture

Or he could be framed...  Someone wanted the dad dead?

bob_stl's picture

This is like a Kim Kardasian story for economists. Who gives a shit?

TerminalDebt's picture

Who the hell would want an economist dead?

And whats with all the hot women running after a nutcase?

messymerry's picture

Too many re-runs of 12 Monkeys...  ;-D

FEDbuster's picture

Will he still get his inheritance or does murdering his Dad void that?  Ten years in Psych Hospital, then back to the spoiled brat life he once knew.  Maybe he can get off on the "too rich" for prison defense?

BTW wasn't the Bernak a Princeton Economics Prof around the same time this kid was there?? Just sayin.....

Tall Tom's picture

Or he could be framed...  Someone wanted the dad dead?



Who knows? You cannot trust ANY reports from the media. So that remains a possibility.


Perhaps this is revenge from the man whose home was torched.


Frame the Mentally Ill bastard. "He is a Nut Case. He did it."



Manthong's picture

Princeton economist on an allowance from dad.. it fits.

Skateboarder's picture

$400/mo is kids allowance in posh areas. A fully grown man can eat twice a day and travel (minimally) with that amount.

TruthInSunshine's picture

Paul Krugman was probably a professor of his.

A Rothschild (with many miles on her vagometer based on photo) is yet again involved in the periphery of a sketchy crime scene.

Another Jewish family destroyed by their making the golden calf of fiat paper their god.

BuddyEffed's picture

Dating a Rothschild?  Did I read that right?

Pairadimes's picture

Sheesh. You money guys had enough trouble trying to avoid high windows, nail guns and skyscraper roofs. Now you have to make sure you keep your allowance payments up too.

TahoeBilly2012's picture

This guy has had a few platefuls of coke over the years. 

Pairadimes's picture

More to the point, Krugman IS a son. This actually explains a lot.

WillyGroper's picture

Just think of drumming up GDP for the likes of SCI.

wallstreetaposteriori's picture

smart move.... now he has no allowance, but at least he will live rent free in prision for a while.

bovine-reuptake-inhibitor's picture
bovine-reuptake-inhibitor (not verified) wallstreetaposteriori Jan 6, 2015 1:08 PM

fuck your cowhole!  Buy Bitcoin!

Creepy Lurker's picture

Do you see this, MDB? You need to be around more. These guys need your guidance.

zuuma's picture

A short Play about Tom, Jr....

Take's place in spring, 2016


Lil' white tommy: "hey". What's your name?

Bubba Kneegrow: "bubba"

Lil' white tommy: "that my bunk"?

Bubba Kneegrow: "Fo today".

Bubba Kneegrow: "yo wants to be da husband or da wife in dis reashonship"?

Lil' white tommy: "husband, i think"

Bubba Kneegrow: "Heh, heh, heh"!

Bubba Kneegrow: "fine, fine. Now c'mon ovah heah and suck yo wife's C*%k"

pods's picture

Don't fool yourself girl, it's going right up your poopchute.

-Frank Z

TheFourthStooge-ing's picture

Did he come back on Sunday for the Gong Show?

clade7's picture

Wait until he finds out how much of his inheritance he just lost to 'estate taxes'...Economist my ass!  He'd a pulled the trigger a few years back!  

Ms. Erable's picture

Mentally disturbed Princeton Economics graduate? Ah, but I repeat myself.

Payne's picture

I am not white I am Melanin deprived.  We need to forcilby redistribute Melanin.

HardAssets's picture

Its a pretty good bet that he was on some kinda psychiatric drug.

Of course, we'll never hear of it 'cause of 'privacy issues'.