People are outraged to learn that Sam Zell was Jewish. Sam was an American businessman and former owner of the Chicago Cubs. He is the founder and president of Equity Group Investments, LLC. Sam Zell, the multibillion-dollar Chicago real estate tycoon known as the “grave dancer” for his ability to revive dormant properties, has died following a recent illness. He was 81 years old.
Zell, a bearded and gruff man, reveled in unsettling conventional wisdom. As a student, Sam discovered a talent for real estate and began managing apartment complexes. He amassed a $3.8 billion fortune by the time he was 70. Equity Office, the office tower corporation that Zell created over three decades, was sold to Blackstone Group for $39 billion in 2007. It was the largest private equity transaction in history, and Zell personally made $1 billion. A month later, he made another transaction that tarnished his reputation: he paid $13 billion for the struggling Tribune Co. The media conglomerate filed for bankruptcy the following year. Let’s move on to his essay to learn more about Sam Zell’s Judaism.
Was Sam Zell Jewish? Real Estate Billionaires Religion
Was Sam Zell Jewish? He was, indeed, a Jew. Fortunately for them, most of the old-school Los Angeles antisemites who used to gather at the California Club downtown are either dead or too old to be concerned about a Jew buying the Los Angeles Times. Not just any ordinary Jew. Sam Zell looks like a tough Jew, probably a lot tougher than the original California clubbers who stole water from the Owens Valley and amassed fortunes in shady real estate deals in the San Fernando Valley.
Zell, a wealthy Chicago real estate developer, appears to have gained control of the Tribune Co., which owns the Times, the Chicago Tribune and a number of other newspapers, television stations and media outlets. By creating an employee stock ownership plan (ESOP), the transaction essentially ties the company together and makes the workers its partners in the organization.
Sam Zell Ethnicity and Family Information
Sam Zell was born in Poland to a family of Jewish immigrants. In Poland, his father was a grain merchant. Just before Hitler’s troops attacked the railroad tracks in Poland in 1939, the parents and their oldest sister, Leah, fled to Tokyo, Japan. Bernard Zell’s birth name was Berek Zielonka. On April 8, 1905, Sam was born in Poland in a Jewish family. He was a successful grain merchant.
He, his wife Rochelle Zell and their daughter arrived in America via Japan. Sam appeared four months later. Bernard moved his family to Chicago, where he worked as a jewelry wholesaler. Bernard died in Jul 1986 in Highland Park, Lake County, Illinois. Rochelle Zell was born on December 23, 1908 as Ruchla Zielonka (née Jakubowicz). Berek and Leah Jakubowicz were her parents’ names. She was the wife of Bernard Zell or Berek Zielonka. She was the sister of Anna (Andzia) Chana Ajga Rudzin pv Politanski. She passed away on September 6, 2000.
Categories: Entertaintment
Source: HIS Education