People are outraged to learn that was Sam Zell Jewish. Sam was an American businessman and former Chicago Cubs owner. He is the founder and chairman of Equity Group Investments, LLC. Sam Zell, a multibillion-dollar Chicago real estate tycoon renowned as “the grave dancer” for his ability to resuscitate dormant properties, died as a result of complications from a recent illness. He was 81.
Zell, a bearded and blunt-spoken man, reveled in upsetting conventional wisdom. As a college student, Sam discovered a talent for real estate and started managing apartment complexes. He had amassed $3.8 billion in fortune by the time he was in his 70s. Equity Office, 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 profited $1 billion. A month later, he made another transaction that tarnished his reputation: he paid $13 billion for the faltering Tribune Co. The media conglomerate filed for bankruptcy the next year. Let’s go further into his essay to learn more about Sam Zell’s Jewishness.
Was Sam Zell a Jew? Real Estate Billionaires Religion
Was Sam Zell a Jew? He was, indeed, Jewish. Fortunately for them, most of the old-school Los Angeles anti-Semites who used to congregate at the downtown California Club are either dead or too old to be concerned about a Jew buying the Los Angeles Times. Not just any regular Jew. Sam Zell looks to be a severe Jew, possibly much tougher than the original California Clubbers who stole water from the Owens Valley and amassed a fortune in shady property deals in the San Fernando Valley.
Zell, a rich Chicago real estate entrepreneur, looks to have gained control of the Tribune Co., which owns the Times, the Chicago Tribune, and a slew of other newspapers, television stations, and media outlets. By creating a team member stock ownership plan (ESOP), the transaction essentially indentures the company and makes the workers his partners in the organization.
Sam Zell’s Ethnicity and Family Information
Sam Zell was born in Poland to a Jewish immigrant family. In Poland, his father was a grain dealer. Just before Hitler’s troops attacked the train rails 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 to a Jewish family. He was a successful grain merchant.
He, his wife, Rochelle Zell, and their daughter arrived in America through Japan. Sam showed up 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 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: Biography
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