Portrait of Charles Bronfman

Rank #1713

Charles Bronfman

Net worth $2.5B

Liquor · Canada

Born
Jun 27, 1931
Age
94
Source
Liquor
Residence
Palm Beach, Florida
Citizenship
Canada
Marital status
Widowed, Remarried
Children
2
Education
Bachelor of Arts/Science, McGill University

Net worth over time

Biography

  • In 2000, Charles Bronfman and his nephew Edgar Bronfman Jr. sold their family's spirits and alcohol giant Seagram to Vivendi for $30 billion.
  • His father Samuel Bronfman, a Russian immigrant to Canada, started a small distillery in 1924 and eventually bought out competitor Seagram.
  • Since the sale, Charles, who once co-chaired Seagram, has turned toward philanthropy, authoring two books on the matter and signing The Giving Pledge.
  • Bronfman has given away or pledged at least $350 million, mostly toward promotion of Canadian culture and the Jewish community's connection to Israel.
  • Bronfman's son, Stephen, runs Claridge, the Montreal-based private investment firm that Charles founded in 1987.
  • Bronfman is one of the main benefactors of Taglit-Birthright Israel, which sends Jewish youth from North America on free educational tours of Israel.
  • Bronfman's daughter Ellen and her husband Andrew Hauptman own the major league soccer team the Chicago Fire.