Stanley Black (businessman)

Last updated
Stanley Black
Born1932 (age 91–92)
NationalityAmerican
Occupation(s)Real estate investor, philanthropist
Known forCo-founder of KB Management,
SpouseJoyce Gottlieb (deceased)
ChildrenJack Black
Jill Black Zalben
Janis Black Warner
Parent(s)Jack Black
Victoria Black

Stanley Black (born 1932) is an American real estate investor and philanthropist from Beverly Hills, California. He is the founder and chairman of the Black Equities Group. Through his company, he is the owner of 18 million square feet of commercial real estate in 35 states.

Contents

Early life

Stanley Black was born to a Jewish family [1] in 1932. [2] His father, Jack Black, led the Textile Division at the United Jewish Fund. [2] His mother, Victoria Black, was a philanthropist. [3] [4] The Jack and Victoria Black Parkway at the Vista Del Mar Child and Family Services, a non-profit organization which helps struggling families, was named in their honor. [4] His father died when he was twenty-one years old. [2]

Career

He started his career at the Buckeye Realty & Management Corporation, a real estate development company founded by George Konheim. [5] In 1955, he co-founded KB Management, a construction company, with Arthur Kaplan, a friend of his father's. [2] It later became a real estate development company with over $375 million in holdings. [2] The firm closed down in 1985, when Arthur Kaplan died. [2] In 1985, Black and his son Jack founded the Black Equities Group, a real estate investment company. [2] Through the company, he owns more than 18 million square feet of commercial real estate in thirty-five American states. [3] Some of his tenants are Wendy's, Burger King and Office Depot. [3]

He has published five editions of Thoughts to Live By, a booklet with eighty sayings of business advice. [3]

Philanthropy

Black is a donor to Jewish organizations. He serves on the board of trustees of the Los Angeles ORT College, a non-profit two-year Jewish college part of World ORT, where the American ORT Stanley and Joyce Black Family Building is named for he and his wife. [2] [3] He has made charitable contributions to the City of Hope, the Anti-Defamation League, Jewish Big Brothers, the American Friends of Tel Aviv University, the American Friends of the Hebrew University, The Guardians of the Jewish Home for the Aging, and Yeshiva Gedolah/Michael Diller High School. [2] He also co-chaired a fundraiser for the Friends of the Israel Defense Forces at the Beverly Hilton Hotel. [6] He has donated to the Boy Scouts of America, the Los Angeles Music Center, and the Union Rescue Mission. [2] Moreover, he is a large supporter of the Jewish Vocational Services, a non-profit organization which helps Jews who are unemployed in Southern California find work again. [3] Additionally, he helped establish the Goldsmith Center of the Jewish Federation of Greater Los Angeles. [2] In June 2016, he unveiled a new Torah he commissioned in Israel for the Temple of the Arts, a synagogue based at the Saban Theatre in Beverly Hills. [7]

Black has supported healthcare organizations. In 2000, he donated US$1 million to the Vista Del Mar Child and Family Services for the establishment of the Joyce and Stanley Black Family Special Care Facility. [4] In January 2012, he donated US$5 more million, which led to the Joyce and Stanley Black Family Campus. [4] In 2004, he made a large donation to the Children's Hospital Los Angeles (CHLA), which renamed its garden the Joyce and Stanley Black and Family Healing and Meditation Garden. [8] In 2013, he donated another US$15 million to the CHLA. [8] [9] As a result, the former Gateway Building facing Sunset Boulevard was renamed the Joyce and Stanley Black Family Building. [8] [9] In September 2014, and again on September 27, 2015, he held fundraisers for Wells Bring Hope, [10] a non-profit organization which drills wells in Niger to bring water to rural communities. [11] He has been a long-term supporter of the Chai Center in Los Angeles, [12] and will serve as the 'Dinner Chair' for the Chai Center's annual Banquet in 2018. [13]

Personal life

He was married to Joyce Black, the daughter of Jacob and Frieda Gottlieb. [14] A philanthropist, she served on the board of trustees of the Los Angeles Opera. [14] They had three children: Jack Black; Jill Black Zalben; and Janis Black Warner. [15] He resides in Beverly Hills, California. [11]

Related Research Articles

Binyamin "Beny" Alagem is an Israeli-American entrepreneur, business executive, hotelier and philanthropist. He is the founder and former chief executive of Packard Bell Computers. He is the owner of the Beverly Hilton Hotel and the Waldorf Astoria in Beverly Hills, California.

<span class="mw-page-title-main">Children's Hospital Los Angeles</span> Hospital in Los Angeles, California, U.S.

Children's Hospital Los Angeles (CHLA) is a nationally ranked, freestanding acute care children's hospital in the East Hollywood district of Los Angeles, on Sunset Boulevard at the corner of Vermont Avenue. The hospital has been academically affiliated with the Keck School of Medicine of the University of Southern California since 1932 and the hospital features 401 pediatric beds. The hospital provides comprehensive pediatric specialties and subspecialties to infants, children, teens, and young adults generally aged 0–21 throughout California and the west coast. The hospital also sometimes treats adults that require pediatric care. The hospital has a rooftop helipad and is an ACS verified level I pediatric trauma center, one of a few in the region. The hospital features a regional pediatric intensive-care unit and an American Academy of Pediatrics verified level IV neonatal intensive care unit.

Richard Stephen Ziman is a prominent real estate investor, philanthropist, and Democratic party donor in Southern California.

<span class="mw-page-title-main">Stanley Chais</span> American financial advisor (1926–2010)

Stanley Chais was an American investment advisor, money manager, and philanthropist. He operated "feeder funds" which collected money for funds related to the Madoff investment scandal. The widow, family, and estate of Chais settled with Madoff trustee Irving Picard in 2016 for $277 million.

Fred Charles Sands was an American business executive and real estate investor. He served as the Chairman of Vintage Capital Group.

Nathan Shapell was a Polish-born American survivor of The Holocaust, as well as a real estate developer whose Shapell Industries was one of the largest real estate companies in California; he was also a philanthropist.

<span class="mw-page-title-main">Wallis Annenberg Center for the Performing Arts</span>

The Wallis Annenberg Center for the Performing Arts is a community arts center in Beverly Hills, California, named for philanthropist Wallis Annenberg

George Konheim (1917–2001) was an American real estate developer and philanthropist.

Efrem Harkham is an American hotelier and philanthropist from Beverly Hills, California.

Uri P. Harkham is an American businessman, film producer and philanthropist from Los Angeles, California. He is the founder and former chief executive officer of Harkham Industries, a women's apparel company, and the chairman of Harkham Properties, a commercial real estate company.

Max Webb was a Polish-born American real estate developer and philanthropist from Los Angeles, California. A Holocaust survivor born to a Jewish family, he was the co-founder of one of the largest real estate development companies in Southern California. He supported charitable causes in the United States and Israel.

Izak Parviz Nazarian was an Iranian-born American billionaire, businessman, investor, real-estate developer, and philanthropist. He was the managing partner of Omninet Capital, an investment vehicle and the first major investor in Qualcomm.

Jona Goldrich was an American real estate developer and philanthropist. Born in Lviv, he emigrated to Israel in the midst of World War II, where he served in the 1948 Arab–Israeli War and worked for a labor union. By the 1950s, he emigrated to the United States, and he became a real estate developer and investor in Los Angeles County. A Holocaust survivor, he supported Jewish causes in Israel and the United States.

Julian Weinstock was an American architect, real estate contractor and philanthropist from Los Angeles, California. He built thousands of home in the San Fernando Valley and developed large areas of Bel Air.

<span class="mw-page-title-main">Younes Nazarian</span> Iranian-American businessman and philanthropist (1931–2022)

Younes Nazarian was an Iranian-American businessman, investor, and philanthropist. An early investor in Qualcomm, he was the chairman of Nazarian Enterprises. He was also a major donor to charitable causes in California and Israel.

Sir Arthur Gilbert was a British-born American real estate developer, art collector and philanthropist.

Ezri Namvar is an Iranian-born Jewish American businessman, philanthropist and convicted criminal. He was the founder and chairman of Namco Capital Group, an asset management firm based in Los Angeles, California. In the wake of the financial crisis of 2007–08, he was sued by his investors, forced to declare bankruptcy, leading to "$1 billion in claims" from investors. He was jailed for seven years in 2011.

Naty Saidoff is an Israeli-born American diamond dealer, real estate investor and philanthropist. Born in Israel, he grew up on a kibbutz and emigrated to the United States for college. He started his career as a diamond dealer. He is the founder of Capital Foresight Investment, a real estate investment company with rental properties across the United States. He is a large property investor in Downtown Los Angeles. He supports pro-Israel non-profit organizations.

Harvey L. Silbert (1912–2002) was an American real estate and entertainment lawyer, casino executive and philanthropist. He represented celebrities and studio executives. He was a real estate investor in Westwood, Los Angeles, and a director of casinos in Las Vegas, Nevada. He was a major donor to the Hebrew University of Jerusalem, where he brought Hollywood celebrities for fundraisers.

References

  1. ↑ Aushenker, Michael (May 23, 2002). "Quotable and Charitable". The Jewish Journal of Greater Los Angeles.
  2. 1 2 3 4 5 6 7 8 9 10 11 Michael Aushenker, Quotable and Charitable, The Jewish Journal of Greater Los Angeles , May 23, 2002 Archived November 29, 2014, at the Wayback Machine
  3. 1 2 3 4 5 6 Jonah Lowenfeld, , The Jewish Journal of Greater Los Angeles, March 8, 2011 Archived November 29, 2014, at the Wayback Machine
  4. 1 2 3 4 Ryan Torok, $5 million gift renames Vista Del Mar campus, The Jewish Journal of Greater Los Angeles, January 18, 2012
  5. ↑ Black Equities Group: Building History
  6. ↑ FIDF: Western Region Gala Raises $5.2 Million to Benefit Soldiers
  7. ↑ "Stanley Black Hosts Unveiling of Temple of the Arts New Torah" (PDF). The Beverly Hills Courier. Vol. LI, no. 25. June 17, 2016. p. 12. Retrieved June 18, 2016.
  8. 1 2 3 Lorenzo Benet, Children’s Hospital Los Angeles Unveils the Joyce and Stanley Black Family Building, April 2, 2014
  9. 1 2 Lorenzo Benet, Joyce and Stanley Black Donate $15 Million Gift to Children’s Hospital Los Angeles, October 4, 2013
  10. ↑ "Home" . Retrieved 2020-08-28.
  11. 1 2 ‘Wells Bring Hope’ Raises $300,000 at Home of Stanley Black, The Beverly Hills Courier , September 24, 2014
  12. ↑ 'Chai Time for New Location', Los Angeles Jewish Journal, Aug 28, 2013
  13. ↑ "BANQUET 2019 – The Chai Center" . Retrieved 2020-08-28.
  14. 1 2 Tom Tugend, Joyce Black, philanthropist, 75, The Jewish Journal of Greater Los Angeles, October 7, 2013
  15. ↑ "Children's Hospital Los Angeles Unveils the Joyce and Stanley Black Family Building". Business Wire. April 7, 2014.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.