Eugene Lang

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Eugene Michael Lang (March 16, 1919 – April 8, 2017) was an American businessman and philanthropist who founded REFAC Technology Development Corporation in 1951. REFAC held patents relating to liquid crystal displays, automated teller machines, credit card verification systems, bar code scanners, video cassette recorders, cassette players, camcorders, electronic keyboards, and spreadsheets, and filed thousands of lawsuits against other corporations as part of a strategic operational and technological licensing and exportation process. Lang created the I Have A Dream Foundation in 1981, Project Pericles in 2001, and the Lang Youth Medical Program in 2003. [1] [2] [3] He was also the chairman of the board at Swarthmore College. [4]

Contents

Life and career

Lang was born in 1919 in New York City, [5] the son of Ida (née Kaslow) and Daniel Lang, Jewish immigrants from Russia and Hungary. [6] He attended public schools including Townsend Harris High School. At the age of 15 he was admitted as a scholarship student to Swarthmore College, [7] and received a B.A. in economics in 1938. He then received an M.S. from Columbia Business School in 1940. [8] He studied mechanical engineering at the Brooklyn Polytechnic Institute from 1940 to 1941. [9] He was married to Theresa (née Volmar) Lang from 1946 until her death in 2008. They had three children: Jane Lang, David Lang and Stephen Lang.

He created the I Have A Dream Foundation in 1981, Project Pericles in 2001, and the Lang Youth Medical Program in 2003. [1] He has also made large donations to Swarthmore College, [10] The New School's undergraduate liberal arts college (now known as Eugene Lang College), and the Eugene M. Lang Center for Entrepreneurship at Columbia Business School, which is part of Columbia University.

In 1986, Lang received the Award for Greatest Public Service Benefiting the Disadvantaged, an award given out annually by Jefferson Awards. [11] Also that year Harry Reasoner interviewed Lang discussing the school program for the news show 60 minutes.

In 1996, President Bill Clinton awarded him the Presidential Medal of Freedom. His philanthropies, focused primarily on education, altogether exceed $150,000,000. Due to his philanthropy in education, he held 38 honorary degrees as of December 2012. [12]

In 2003 he endowed the Lang Youth Medical Program at NewYork-Presbyterian-Columbia Medical Center. This 6-year program immerses underserved Washington Heights youths in science-based afterschool program. [13]

Death

Lang died at his home in New York City on April 8, 2017, at the age of 98. [14]

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References

  1. 1 2 "Lang Youth Medical Program - New York Presbyterian Hospital". Archived from the original on 2012-07-27. Retrieved 2012-07-24.
  2. ↑ Andrews, Edmund L. (14 January 1990). "A 'White Knight' Draws Cries of 'Patent Blackmail'". The New York Times. Retrieved 12 April 2017.
  3. ↑ "Refac and Patents". The New York Times. 28 January 1990. Retrieved 12 April 2017.
  4. ↑ "Eugene M. Lang '38 :: Board of Managers :: Swarthmore College". swarthmore.edu. 8 July 2014. Retrieved 12 April 2017.
  5. ↑ The Encyclopedia of New York City: Second Edition. Yale University Press. 2010. ISBN   978-0300182576.
  6. ↑ "Eugene Lang's Obituary in The New York Times". legacy.com. Retrieved 12 April 2017.
  7. ↑ "Home - "I have a Dream" Foundation". ihaveadreamfoundation.org. Archived from the original on 9 August 2011. Retrieved 12 April 2017.
  8. ↑ "Eugene M. Lang: Executive Profile & Biography - Bloomberg". businessweek.com. Archived from the original on October 12, 2012. Retrieved 12 April 2017.
  9. ↑ "Eugene Lang '38 Donates Largest Gift Ever to Swarthmore :: News & Events :: Swarthmore College". swarthmore.edu. 8 December 2012. Retrieved 12 April 2017.
  10. ↑ "Eugene Lang '38 Donates Largest Gift Ever to Swarthmore :: News & Events :: Swarthmore College". swarthmore.edu. 8 December 2012. Retrieved 12 April 2017.
  11. ↑ "National - Jefferson Awards Foundation". jeffersonawards.org. Archived from the original on 24 November 2010. Retrieved 12 April 2017.
  12. ↑ Nicely, Nancy (8 December 2012). "Eugene Lang '38 Donates Largest Gift Ever to Swarthmore". Swarthmore College. Retrieved 22 May 2013.
  13. ↑ "Lang Youth Medical Program - Ambulatory Care Network | NewYork-Presbyterian".
  14. ↑ Nemy, Enid; Berger, Joseph (8 April 2017). "Eugene Lang, Investor Who Made College Dreams a Reality, Dies at 98". The New York Times. Retrieved 12 April 2017.
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