Wolfe's agent Lynn Nesbit confirmed to the Associated Press that Wolfe died of an infection in a New York City hospital.
A member of the southern Patrician class and known for his sartorial splendor, Wolfe joined the staff of the New York Herald Tribune as a reporter in 1962 and quickly made a name for himself through an innovative blend of nonfiction reporting and novelistic techniques.
The editor of the New York Times described Wolfe's passing as the "passing of an era". He was a star pitcher in high school and in college at Washington and Lee and unsuccessfully tried out for the New York Giants. As a result of his creative experiments on this trip and under the influence of the impressions in 1965 appeared the first book in the "new journalism" - Konfederasyonu apersonality streamlined baby.
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The Las Vegas-based company operates more than 10 properties there and several more in the USA and overseas . The former ESPN announcer now heads a sports betting broadcast called Vegas Stats and Information Network.
In 1979, he penned "The Right Stuff", which documented the 15-year span of America's first space program and highlighted Mercury astronauts, including John Glenn and Alan Shepard.
"He was a very courageous guy", Gay Talese, a New Journalism pioneer, said, according to The Wall Street Journal. His theory of literature, which he preached in print and in person and to anyone who would listen, was that journalism and nonfiction had "wiped out the novel as American literature's main event". "I'll actually sit in front of the typewriter, close my eyes, and then try to imagine myself into the particular scene that I'm going to write about". In 1987, Wolfe published "The Bonfire of the Vanities", a novel that also later became a film. Brian De Palma adapted it to film. He is remembered for his sense of humor and his penchant for needling sacred cows.
He is survived by his wife Sheila Wolfe and their two children, Alexandra and Tommy.