The 30-year-old man who allegedly shot and killed his hedge fund manager father Sunday afternoon reportedly did so after an argument over a small cut in his monthly allowance. TheNew York Post reports that Thomas Gilbert Jr. murdered his father Thomas Gillbert Sr. after learning that his allowance had been reduced by $200; the New York Daily News puts the number at $300.
From the New York Post:
"[Gilbert Sr.] was cutting his allowance. He had been giving him $2,400 a month for rent and $600 for spending money, and he was cutting that to $400 a month for spending money," a source said about Thomas Gilbert Sr., founder of the Wainscott Capital hedge fund."They had argued about it before."