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Segway company owner dies riding two-wheeled machine off cliff. Jimi Heselden, the owner of the Segway company, has died after riding one of the two-wheeled machines off a cliff and into a river. The former miner Jimi Heselden made his millions from defence contracts Photo: Jonathan Gawthorpe/rossparry.co.uk. A Segway being used in London Photo: Alex Segre/Alamy.
James William Jimi Heselden OBE (27 March 1948 â 26 September 2010) was a British entrepreneur. A former coal miner, Heselden made his fortune manufacturing the Hesco bastion barrier system. In 2010, he bought Segway Inc., maker of the Segway personal transport system. Heselden died in 2010 from injuries apparently sustained falling from a cliff while riding a Segway. His estate, bequeathed to his widow and family, was worth over Â£340 million and he was ranked in the top 400 members of the Sunday Times Rich List.