James D. Wolfensohn, an Australian-born investment banker who helped arrange a bailout of Chrysler Corp. in 1980 and was president of the World Bank for a decade starting in 1995, died early Wednesday at his home in Manhattan.
Mr. Wolfensohn, who was 86 years old, had a variety of ailments in recent years and died of pneumonia, unrelated to Covid-19, said his son, Adam Wolfensohn.
A restless networker who earned an M.B.A. degree from Harvard University in 1959, Mr. Wolfensohn became a U.S. citizen in 1980 and served as chairman of the board at Carnegie Hall in the 1980s and the John F. Kennedy Center for the Performing Arts in the early 1990s.
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