Louis Rukeyser was a renowned financial journalist, columnist, and commentator, who hosted two popular television series, Wall Street Week with Louis Rukeyser and Louis Rukeyser’s Wall Street. He was known for his witty and insightful analysis of the stock market, as well as his ability to make complex economic concepts accessible to millions of Americans. He was also a prolific writer, publishing two financial newsletters and several books.
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The Cause of Death: Multiple Myeloma
Rukeyser died on May 2, 2006, at his home in Greenwich, Connecticut, at the age of 73. The cause of death was multiple myeloma, a rare and incurable type of cancer that affects the plasma cells in the bone marrow. According to the Mayo Clinic, multiple myeloma causes the plasma cells to grow out of control and crowd out the normal blood cells, leading to various complications such as anemia, infections, kidney failure, and bone damage
The exact cause of multiple myeloma is unknown, but some risk factors include age, race, family history, and exposure to certain chemicals or radiation
The Diagnosis and Treatment: A Long and Private Battle
Rukeyser was diagnosed with multiple myeloma in 2004, after undergoing surgery on his back to relieve persistent pain. He announced his condition on his CNBC show, Louis Rukeyser’s Wall Street, in May 2004, and said he would take a medical leave to undergo treatment. He also expressed optimism and humor, saying, “I intend to be a survivor” and “I’ll be back as soon as I can with more of the civilized excitement you and I have shared for more than three decades.”
However, Rukeyser never returned to his show, which was canceled in December 2004. He also stopped writing his newsletters and columns, and kept a low profile in his final years. His brother, Bud Rukeyser, said that Louis wanted to keep his illness private and did not want to be seen as a victim. He also said that Louis underwent various treatments, including chemotherapy and stem cell transplantation, but none of them were effective
The Legacy: A Pioneer and a Legend
Rukeyser’s death was mourned by many in the financial and media world, who praised him as a pioneer and a legend. He was widely credited for popularizing financial journalism and educating the public about the economy and the markets. He was also admired for his integrity, professionalism, and charisma. He won numerous awards and honors for his work, including two Peabody Awards, an Emmy Award, and a place in the Cable Hall of Fame
Rukeyser’s influence can still be seen today, as many financial journalists and commentators have followed his footsteps and adopted his style. He also left behind a loyal fan base, who appreciated his wisdom, humor, and optimism. As he once said, “I believe in the basic intelligence of the American people and their basic good sense. And I believe that if you give them the facts, they will make the right decisions more often than not.”
