What is Edgar Bronfman Sr’s Net Worth?
Edgar Bronfman Sr was a Canadian-American businessman who had a net worth of $2.5 billion on the time of his demise. Edgar Bronfman Sr. earned his net worth by way of his time as President, treasurer and director of Seagrams Ltd. Born as Edgar Miles Bronfman on June 20, 1929, in Montreal, Quebec, Canada, he’s finest often called the inheritor to Seagram’s fortune. It was his Russian immigrant father who first began making a living smuggling whiskey throughout the US-Canadian border after which acquired the biggest distiller on the planet, Seagram Company Ltd, in 1928. Edgar joined the family enterprise in 1950, after he earned his BA from Williams College. Seven years later, he grew to become the pinnacle of Seagram’s American subsidiary. Edgar Bronfman Sr widened the vary of merchandise, improved the method of distribution and expanded the general firm’s gross sales worldwide.
In 1971, following his father’s demise, he took over as president, treasurer, and director of Distillers Corporation-Seagrams Ltd. His son Edgar Jr. succeeded him as CEO in 1994. In addition to Seagram Company Ltd, Bronfman Sr can be identified to most of the people for his management of the World Jewish Congress (WJC), a global federation of Jewish communities and organizations. An incredible philanthropist at coronary heart, he has additionally donated giant quantities of cash to charity causes. As for his non-public life, was been married 5 occasions (twice to his third spouse) and was the daddy of seven youngsters. Edgar Bronfman Sr died on December 21, 2013.
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