Finance

Owner of Segway Dies on Segway

James Heselden, the British owner of Segway Inc., died on September 26, 2010, after falling off a Segway PT into the River Wharfe near his estate in West Yorkshire, England. He...

Mara Ellison
Owner of Segway Dies on Segway

Identity of the Segway Owner Who Died

James Heselden, the British owner of Segway Inc., died on September 26, 2010, after falling off a Segway PT into the River Wharfe near his estate in West Yorkshire, England. He was 62 years old and a former coal miner who became a successful businessman through Hesco Bastion, a defense and flood-barrier company. The incident was ruled an accidental death, with the coroner noting that Heselden lost control of the personal transporter on a steep slope near his property, according to initial reports from UK authorities BBC News coverage of the incident.

Heselden had acquired Segway Inc. in December 2009 for approximately $54 million, making him the sole owner and chairman of the company known for its two-wheeled self-balancing electric scooters. At the time of his death, Segway was a privately held company with a growing consumer and commercial customer base, and Heselden was its primary investor and public face Forbes report on the death.

Company Background and Ownership Structure

Segway Inc. was founded in 1999 by Dean Kamen, the inventor of the Segway PT, and the company later moved its headquarters to Manchester, New Hampshire, after a series of ownership changes. James Heselden became the owner and chairman in late 2009, and under his ownership the company focused on the Segway PT model and later the Segway miniPRO and other personal transporter lines Bloomberg coverage.

Key Ownership and Product Timeline

Before Heselden's purchase, Segway had been owned by a group of investors and had gone through bankruptcy protection in 2009. After his death, the company was later acquired by a Chinese consortium led by Ninebot in 2015, which integrated Segway's technology into its robotics and mobility product portfolio Reuters on Ninebot acquisition.

Safety, Regulation, and Public Perception

The death of the Segway owner prompted renewed scrutiny of personal transporter safety, with questions about stability on slopes, rider training, and the lack of mandatory helmet laws in many jurisdictions. Segway had marketed its PT as a safe and intuitive device, but the incident highlighted risks associated with riding on uneven terrain and near water edges.

Regulatory responses varied globally, with some cities restricting Segway use on sidewalks and others requiring liability insurance for commercial operators. The incident also influenced insurance and liability discussions for shared micromobility fleets and corporate Segway tours, as operators weighed the balance between convenience and rider safety protocols NHTSA guidance on personal transporters.

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