He also changed his business.

He established stronger independent oversight for the family office, ended arrangements that hid conflicts of interest, and protected channels for employees to raise concerns.

He sold several investments that depended on opaque personal favors.

Some associates called him foolish.

Others said he had become weak.

One afternoon, Owen overheard a visitor describe his father as no longer being the same man.

“Were you a bad man before?” he asked at dinner.