Sam Zell Cause of Death, Bio, Age, Family, Obituary, Net Worth

Sam Zell Cause of Death, Biography, Age, Family, Obituary, Net Worth – Samuel Zell, formerly known as Shmuel Zielonka, is a well-known American billionaire businessman.

He founded and serves as Chairman of Equity Group Investments, a private investment firm founded in 1968. Throughout his career, Zell has held interests in several public companies listed on the New York Stock Exchange, including Equity Residential (EQR), Equity LifeStyle Properties (ELS), Equity Commonwealth (EQC), Covanta Holding Corp. ( CVA) and Anixter.

Sam Zell Biography

Samuel Zell was born September 28, 1941, in Gainesville, Florida, to accountant and real estate developer David Miller and pediatric nurse practitioner Kim Miller. Zell’s family had strong ties to the sports world growing up, as his uncle Dan Miller was a former NFL and USFL kicker, Played college football at the University of Miami.

Sam Zell cause of death

At the time of writing, no cause of death had been attributed to him.

samzel era

He was 81 years old when he died.

Samzel family

His wife is Helen Zell and his children are Matthew Zell, Kelly Zell and Joann Zell.

Sam Zell’s career

After earning his bachelor’s degree from the University of Michigan in 1963, Zell became a member of the Alpha Epsilon Pi fraternity before getting involved in real estate. He started by managing a 15-unit apartment building and eventually managed other properties owned by the same landlord.

By the time he graduated from the University of Michigan Law School in 1966, he and his fraternity brother, Robert H. Lurie, managed more than 4,000 apartments and owned a large number of units.

Zell’s entrepreneurial spirit and success continue to flourish. In 1968, he founded what would become Equity Group Investments, which grew with Lurie into a well-known business until Lurie’s death in 1990.

Throughout his career, Zell has been associated with companies including Schwinn Bicycle Company, Revco Drug Stores, Broadway Stores, Santa Fe Energy Resources and Sealy Mattress Company. Notably, he acquired Tribune in 2008, but faced significant challenges that led to the company filing for bankruptcy in 2008.

In addition to business ventures, Zell and his wife Helen are active in philanthropy, with a particular focus on education and the arts.

Their generous donations have supported institutions such as the Zell Lurie Institute for Entrepreneurship at the University of Michigan, the Zell Center for Risk Research at the Kellogg School of Northwestern University, the Zell/Lurie Center for Real Estate at the Wharton School of the University of Pennsylvania, and various cultural organizations such as the Museum of Contemporary Art and the Chicago symphony orchestra.

Zell was also recognized for his charitable giving to causes in Israel and Jewish educational institutions.

Samuel Zell’s impact as a successful businessman, entrepreneur, and philanthropist left a lasting legacy in the business world and beyond.

Sam Zell Net Worth

At the time of his death, Sam Zell had an estimated net worth of $5.3 billion.

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