Memphis, Tennessee – William Reid Sanders, a respected businessman, philanthropist, and president of Sanders Properties, LLC, has reportedly passed away, though the news remains unconfirmed.
A key figure in Memphis’s real estate, financial, and philanthropic circles, Sanders’s death has left his family, colleagues, and the broader community in deep sorrow.
Born and raised in Memphis, Sanders made significant contributions to the city’s growth and development through his work in real estate investment and management.
He co-founded Southeastern Asset Management in 1975, later establishing Sanders Properties, LLC in 2004, where he served as president.
In addition to his professional success, Sanders was dedicated to giving back to his community.
He held positions on multiple corporate boards and was deeply involved with organizations such as Rhodes College, the Hutchison School, and the Tennessee Shakespeare Company.
Though the cause of death remains unclear, many have taken to social media to express their condolences.
One commenter noted, "His legacy of generosity and leadership will never be forgotten."
Should the reports be confirmed, Sanders will be remembered for his dedication to both his profession and the Memphis community.
His remarkable contributions to real estate, business, and philanthropy will leave a lasting impact.