Bicyclist opens fire on millionaire sitting in Rolls-Royce in Hollywood

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LOS ANGELES (PIX11) -- A California millionaire has been identified as the victim shot in his Rolls-Royce by a bicyclist in Hollywood Friday night, KTLA reported.

Kameron Segal, 48, was sitting in traffic on the driver's side of the silver-and-black luxury car when a gunman on a 10-speed bike rode up to the car and opened fire, according to the Los Angeles Police Department.

Segal was shot from close range in the neck and chest. He was rushed to a nearby hospital, where he is in stable condition, KTLA reported.

Kameron Segal is a philanthropist and CEO of property management firm Williams Holdings. (Photo: Facebook)

Kameron Segal is a philanthropist and CEO of property management firm Williams Holdings. (Photo: Facebook)

It is not clear if Segal was targeted or if he was a victim of a random crime.

“Could be robbery. I couldn’t tell you for sure, some people would just go out and shoot somebody,” LAPD Det. Raymond Conboy told KTLA. “At this time, I can’t guess what the motive would be.”

Segal is the CEO of property management firm Williams Holdings and is one of the largest property owners in Los Angeles, the New York Daily News reported. He made the news in 2013 after allowing a homeless mother to live in one of his apartments rent-free for six months.

The gunman is still at large. Witnesses described him as a black male in his late 30s or early 40s, about 5-foot-10 to 6-feet tall. He was last seen wearing a dark blue hat and blue jacket. He was also carrying a back pack.

A man was taken into custody a few blocks away from the scene, but police let him go after determining he wasn't involved with the shooting.