People were outraged when they found out that Sam Zell was Jewish. Sam is an American businessman and former owner of the Chicago Cubs. He is the founder and chairman of Equity Group Investments, LLC. Sam Zell, the multibillion-dollar Chicago real estate mogul known as the “grave dancer” for his ability to revive dormant properties, died of complications from a recent illness. He is 81 years old.
Zell, a bearded, blunt man, loves to annoy conventional wisdom. As a college student, Sam discovered a talent for real estate and began managing an apartment complex. He had amassed a fortune of $3.8 billion by the time he was in his 70s. Office Equity, the office tower corporation 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 a $1 billion profit. A month later, he made another deal that tarnished his reputation: he paid $13 billion for the faltering Tribune Co. The media conglomerate filed for bankruptcy the following year. Let’s go further into his essay to learn more about Jewish Sam Zell.
Is Sam Zell Jewish? Religion of Real Estate Millionaires
Is Sam Zell Jewish? He was, indeed, a Jew. Fortunately for them, most of the old-school Los Angeles anti-Semites who used to gather at the downtown California Club are either dead or too old to worry about a Jew buying the Los Angeles Times. Not just any ordinary Jew. Sam Zell looks like a bad Jew, maybe a lot tougher than the original California Clubbers who stole water from the Owens Valley and amassed a fortune in shady real estate deals in the San Fernando Valley.
Zell, a wealthy Chicago real estate entrepreneur, appears to have taken control of the Tribune Co., which owns the Times, the Chicago Tribune, and many other newspapers, television stations and media outlets. By creating an employee stock ownership plan (ESOP), the transaction essentially indents the company and makes its employees partners in the organization.
Sam Zell’s 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 railroads in Poland in 1939, their parents and their eldest sister, Leah, fled to Tokyo, Japan. Bernard Zell’s birth name was Berek Zielonka. On April 8, 1905, Sam was born in Poland into 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 July 1986 in Highland Park, Lake County, Illinois. Rochelle Zell was born on December 23, 1908, as Ruchla Zielonka (née Jakubowicz). Berek and Leah Jakubowicz are the names of his parents. She was the wife of Bernard Zell or Berek Zielonka. She is the sister of Anna (Andzia) Chana Ajga Rudzin pv Politanski. He died on September 6, 2000.
Categories: Biography
Source: SCHOOL TRANG DAI
