Former General Electric CEO Jack Welch dies at 84

Jack Welch, who led General Electric for 20 years, died at the age of 84.

The iconic businessman died at his home Sunday, surrounded by family, due to renal failure, his wife Suzy said Monday.

GE under Welch grew from a $12 billion company to a $410 billion giant, becoming one of the world's most valuable companies.

President Trump called Welch a "friend and supporter" who "will never be forgotten" and gave his "warmest sympathies" to Welch's family.

The son of a railroad conductor, Welch earned the title “manager of the century” for his effective leadership of GE under his tenure.