Claridge, founded in 1987 by Stephen Bronfmans father Charles Bronfman, and its predecessor company, Cemp Investments Ltd., have been active private equity investors for over five decades. Bronfman completed his undergraduate studies at Williams College and returned to Montreal in 1986. Engagement and empowerment of emerging talent that encourages the development of human potential and that recognizes and celebrates individual and collective ingenuity. Our portfolio companies leverage the relationships that the Bronfman family have built through generations of doing business. Plant-Based Foods and Beverages include plant-based beverages and liquid and dry ingredients (utilizing almond, soy) as well as broths, teas, and nutritional beverages. It was out of that discussion that the Heritage Minutes were conceived, piloted, distributed through cinemas and broadcasters across the country, and then confirmed as a major contribution of the foundation which a few years later became Historica, recently merged with the Dominion Institute. The corporate cowboy and chairman of Calgary-based power and engineering giant ATCO Ltd. lost his battle with city council over a planned housing development to be built next door to his family's sprawling 300-acre equestrian park in the foothills of the Canadian Rockies. A member of the Bronfman family, a prominent Quebec family, he is the son of billionaire Charles Bronfman and grandson of Samuel Bronfman and Saidye Rosner Bronfman. He expects the cost of these Gandhi-like movies will average US$20 million each. Stephen Bronfman net worth is $10 Million Stephen Bronfman Wiki: Salary, Married, Wedding, Spouse, Family . He and his wife have given away millions of dollars to educational, cultural, environmental and Jewish groups through the Claudine and Stephen Bronfman Family Foundation. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Stephen R Bronfman Net Worth What's Stephen Bronfman's mailing address? Stephen Bronfman, 55, rarely speaks publicly about his family's early history and has largely steered clear of the recent controversies. We are also very active in co-investments with our private equity partners. In April 2013, Bronfman was one of 100 prominent American Jews who sent a letter to Israeli Prime Minister Benjamin Netanyahu urging him to "work closely" with Secretary of State John Kerry "to devise pragmatic initiatives, consistent with Israel's security needs, which would represent Israel's readiness to make painful territorial sacrifices for the sake of peace. Charles Bronfman: $1.85 billion On June 27, Stephen Bronfman, chairman of Claridge SRB Investments Inc. and Charles Bronfman's son, was married at his 15,000 square-foot Westmount mansion under such tight security that even the bride's identity was kept from the media until after the ceremony. Clare Bronfman is a well-known female American philanthropist and the founder of NXIVM, an American marketing firm founded in 1998. We have the capability to underwrite larger transactions and we are willing to work with partners. With plans to open a luxury bed and breakfast nearby, let's hope Poetry, his winery's limited-release US$89-a-bottle flagship Cabernet Sauvignon, is a big seller. Bronfman has described himself as an optimist. of Well break down the latest business and consumer news and insights you need to know every Wednesday. The leaked bank documents indicated that Bronfman and many others had used offshore tax havens to shelter money, which is often perfectly legal. In June, Paul sold his remaining 38 million shares in Canary Wharf, the grand-scale office and retail development in London that brought the Reichmanns unwanted attention by going into bankruptcy protection in 1992. SunOpta Inc (STKL) In August, Lino Saputo, founder of North America's fourth-largest cheese producer, bought an 80% stake in Place Victoria, a downtown landmark and home of the Montral Exchange, for an undisclosed price. 15. Majority investments requiring approximately $15-$30 million of equity contribution. Grant is more than $100 million richer this year, thanks to privately held Grant Forest Product's major holding, Ainsworth Lumber Co. Its superstar stock shot up 318% over a recent 12-month period. The high-profile guests included former B.C. After the game, Stephen's father "had to struggle through a back-slapping crowd to reach his car," the Montreal Gazette reported. "[11], He and Michael Steinhardt co-founded Taglit Birthright, a program which provides a free, educational travel experience to Israel for young Jewish adults. He denies wrongdoing, but was removed as chairman in late November over another questionable transaction. 14. no insider transaction in SunOpta Inc (STKL). Stephen Bronfman - Wikipedia He doesn't seek the spotlight, but it doesn't scare him either, said Karl Moore, a radio host and associate professor at Montreal's McGill University, who has known Bronfman for about 15 years. About 285 guests attended the lavish ceremony. On December 22, 2013, Edgar Bronfman Sr. died at age 84. Privately held commercial real estate firm Iberville Developments Ltd., run by Adams' son Sylvan, sold some of its shopping centres in Cornwall and Montreal to RioCan in May in a deal worth an estimated $100 million. a net Bronfman attended the state dinner that President Barack Obama held for Trudeau at the White House. This investment adviser does not provide advice to individual investors. "I don't even know what street Canada is on," Capone once quipped to a question about bootlegging. According to the SEC Form 4 filings, Stephen R Bronfman has made a total of All Rights Reserved. The family-owned company now has sales of some $450 million a year and continues to expand. 10 things: Get to know the Bronfman family's rich and storied history Focus on true value creation, not short term profits. As a direct beneficiary of the fortune created from the Seagram empire during its 80 year period under Bronfman control, the family office multiplied the value of the Seagram cash flow by continually reinvesting in a myriad of ventures, ranging from chemical production to real estate. Bronfman has given away or pledged at least $350 million, mostly toward promotion of Canadian culture and the Jewish community's connection to Israel. Sycamore Networks Inc., founded by Deshpande in 1998, was one of seven companies to win a contract from the U.S. Defense Department in January as part of a US$850-million plan to turn its communications system into a worldwide high-speed network. The former eBay president founded Los Angeles-based Participant Productions in January, and he wants to fund four to six socially relevant, commercially viable feature films annually. [13] The "Mega Group", went on to inspire a number of philanthropic initiatives such as the Partnership for Excellence in Jewish Education, Birthright Israel, and the upgrading of national Hillel. Many people ask about the amount of money Stephen Bronfman makes from Instagram. Our approach can appeal to family-owned businesses and select public and sponsor-owned companies. that could decrease the service price and reduce local competition. Edward (Ted) Rogers Jr.: $2.21 billion. Our governance requirements are similar to those of institutional funds and relate mostly to capital allocation and reporting. In 1998, Steven Spielberg spoke about his personal religious journey, and later the group discussed Jewish summer camps. It was divided up by his seven children and wife. He will stay on as executive chairman. a net Since 1986, he has served as chairman of The Andrea and Charles Bronfman Philanthropies, Inc.[3] He planned to close the foundation in 2016.[9]. Then global investors bought in", "Secret money. 10 percent owner Bam Partners Trust Meet Stephen Bronfman, the Montreal point man in the deal to share Bronfman, whose father Charles was the original owner of the Expos, is part of a group spearheading effort to return baseball the city. , It was a very good year for the Thomson Corp. Rival firm Interfor was also in the running. Max Fisher, Michael Steinhardt, Leonard Abramson, Edgar Bronfman Sr., and Laurence Tisch were some of the members. It owes its initial fame to Samuel Bronfman (1889-1971), the most influential Canadian Jew of the mid-20th century, [2] who made a fortune in the alcoholic distilled beverage business during American prohibition, including the sale of liquor through organized crime, through founding the Seagram Company, and who later became president of the Humility could be an asset as the two sides sort out how to share a baseball team. Over the last 21 years, insiders at Sunopta have traded over $83,836,324 worth of Sunopta stock and bought 13,994,932 units worth $88,266,116 . Only the transactions in Open Market or Private Sale at the market prices are included. The Expos came back to defeat the St. Louis Cardinals 8-7. Over the last 22 years, insiders at Sunopta have traded over $83,836,324 worth of Sunopta stock and bought 13,994,932 units worth $88,266,116 Business must be hopping for Katz's private drugstore empire. Premier Gordon Campbell's most generous patron in 2003. estimated net worth of Stephen R Bronfman, Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership, Engaged Capital Special Situation Fund, Lp. Members of the Bronfman Family | List of Bronfman Family Names Who's in, who's out, who's hot, who's not. Building together. Year 1925. As part-owner of Maple Leaf Sports & Entertainment Ltd., he was in talks with the Toronto Argonauts earlier this year to jointly acquire Varsity Stadium at the University of Toronto. ", "Honorary Degree Recipients | Board of Trustees | Brandeis University", "Honorary degree citation - CharlesBronfman", "JTS Commencement Recognized Graduating Class of 2017 with Address from Chancellor Arnold M. Eisen - Jewish Theological Seminary", "City of Montreal honours businessman, philanthropist Charles Bronfman - Montreal | Globalnews.ca", https://en.wikipedia.org/w/index.php?title=Charles_Bronfman&oldid=1149920578, Canadian people of Russian-Jewish descent, American people of Russian-Jewish descent, Naturalized citizens of the United States, Members of the King's Privy Council for Canada, Articles with dead external links from February 2023, Short description is different from Wikidata, Pages using infobox person with multiple parents, Pages using embedded infobox templates with the title parameter, Creative Commons Attribution-ShareAlike License 3.0. Unlike institutional funds, we do not have multiple committees to reach a consensus to obtain required authorizations. Claridge has been involved with some well-known brands including Cirque du Soleil, Dick Clark Productions, gluten-free food maker Glutino and SunOpta, the organic food company. Comprehensive financial expertise and extensive relationships in the business and financial community can be leveraged by our portfolio companies in the context of mergers and acquisitions, IPOs, and financings. The real estate tycoon and chairman of Orlando Corp. sold off about $245 million of his company's industrial and office portfolio this year while continuing to collect rent from tenants in Orlando's sprawling 31-million-square-foot empire. Edgar Bronfman Jr. is Edgar's son. the Director of SunOpta Inc and owns about 5,389,288 shares of SunOpta Inc (STKL) stock worth over $44 Million. His gain was one of the largest windfalls from stock options in Canadian history. , A new member to the list, the CEO of Alimentation Couche-Tard started off in the convenience store business as a teenager, stocking shelves at a local depanneur. The real estate family made a killing on the merger of Canadian Apartment Properties Real Estate Investment Trust and Residential Equities Real Estate Investment Trust (ResREIT) in June. Gerald (Gerry) Schwartz and Heather Reisman: $758 million. Her Lebanese immigrant father started out as a door-to-door clothing salesman. He is married to Claudine Blondin. "He's definitely a big fish is a medium sized pond.". 96. Empire Co., the parent company of successful grocery chain Sobeys, appointed its first ever unrelated chairman in September, as the company reported a 9% increase in first-quarter revenues. Our hedge portfolio is allocated across a spectrum of strategies with a focus on long/short equity funds, event-driven/distressed funds, and multi-strategy funds. In January, the family's investment firm bought floundering chartered aircraft company Starlink Aviation.
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