He had some early successes and ascended to the top job in 1997. The fact that Stephen stayed and prospered has bolstered his credibility with the community, Moore said. A $3.5 billion mistake. Chrystia Freeland. Humility could be an asset as the two sides sort out how to share a baseball team. This advertisement has not loaded yet, but your article continues below. La vie est trop courte (life is too short) to put up with the bullshit in Montreal, he says. More than 29,000 people showed up at Jarry Park, an outdoor stadium with a grass playing field. Veteran film industry mogul Paul Bronfman has carved his own path, first in rock music, then in a Vancouver film studio, and now in the movie equipment business. He and his partners have identified a downtown site for a new outdoor stadium. Stephen Bronfman and Justin Trudeau are childhood friends. On campus, theres a Samuel Bronfman building, and annual fellowship awards presented by Stephen Bronfman and his wife Claudine. There was an undeniable force that seemed to emanate from Andy and make good things happen for many, many people, said Jeffrey Solomon, President of ACBP. It was also important to the couple to work on a project together. SB - I lived all but four years here, aside from university in the States. Why did you wait till 40? For decades, the Bronfmans came to prominence within Canada as key fundraisers for the Liberal Party of Canada and filled cabinets with their Laurentian Elite friends. Bronfman's father did not approve of the marriage. He wants a new team so that the next generation of youngsters and adult fans can make similar memories. Bronfman has described himself as an optimist. Read more about cookies here. Subscribe now to read the latest news in your city and across Canada. Bronfman, whose father Charles was the original owner of the Expos, is part of a group spearheading effort to return baseball the city. I was born and raised there. A bunch of gangsters ran the studio and equipment business in Montreal. Pierre Trudeau, John Turner, Paul Martin, Jean Chretien, Brian Mulroney and now Stephens own personal puppet Justin Trudeau. KM - What we have is sometimes people that newly come to wealth, where yours is generations later. Her mother, Doris, was the founder of the British Friends of the Museums of Israel. Stephen Bronfmans first deal made through Claridge was Canadian Broadcasting Assets, Canadian brewer Labatt, which included sports networks. 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Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. However, new documents uncovered by journalists at the CBC show Bronfmans link to the trust appears to have lasted until 2005. I like sense of community, I like sense of family and I like roots and we have good roots here. Larry Parrish blasted 30 home runs for the exciting 1979 Expos, and pitcher Steve Rogers won 19 games with a 2.40 earned run average in 1982, good enough to garner the second most votes for the Cy Young Award, given to the league's best pitcher each year. In And again, we have been so tied to the city through my dad, through my grandfather Sam and what he did with Seagram, and my dad bringing the Expo's to town and I, unfortunately, watching them leave town subsequently with great pain; it's not that we didn't try. From a business perspective, again, I have not been able to affect the large part of the business community like Seagram had, but what I have been able to learn, and I've been lucky enough to be involved in many different business industries (in television, live music touring, food business, and other businesses). Is there something that you say "This is what Bronfman stands for and here is my bit of it?". Instead, White two years ago invested in Sudbury. Stephen Bronfman was the Chair for Centraide. KARL MOORE - This is Karl Moore talking management for the Globe and Mail. Separated three years ago from his wife, Bronfman lives in a condo in Torontos trendy Yorkville district. I feel an honour and I feel almost like this is where I have to be. Now we will see with the economy and how it is these days, but I've been involved with several events and conferences out west where you have a lot of people from, say Silicon Valley, that have made huge amounts of money and they want to learn "what is philanthropy" and "how do we go about it?". Visit our Community Guidelines for more information and details on how to adjust your email settings. Get email notification for articles from Michael Rochvarger, U.S. Jewish Leaders to PM: Make Sacrifices, Birthrighters More Likely to Marry Other Jews, Haaretz Daily Newspaper Ltd. All Rights Reserved. The family's trials and tribulations have kept them in the news. KM - How do you choose out of the many charities you could help? It took less than a day for Trudeau to state that the CRA had looked into Bronfmans case and found no problems. So I think Montreal, I don't want to sound cocky, but I think Montreal needs me. Mr. Bronfman holds honorary degrees from universities located in Canada, the U.S. and Israel. You know, I found everything happens in due course, right? Stephen joined his father Charles private equity firm, Stephen Bronfmans first deal made through Claridge was Canadian Broadcasting Assets, Canadian brewer Labatt, which included sports networks. 2016 The Andrea & Charles Bronfman Philanthropies, Inc. All right reserved. Matthew Bronfman divested his controlling stake in Israel Discount Bank last year after holding it a decade. How do you focus? KM - You got married when you were 40 and you have three small kids under four. Published March 10, 2009. Claridge had been investing in Israel since the 1980s and had a good run buying and selling stakes in Teva Pharmaceuticals and Osem. The Foundation is a flow-through, meaning that it has no assets. Terrible. All Rights Reserved. Their partners span from Real Estate, Entertainment, and Food Production. It was discovered Stephen Bronfman employed SNC Lavalin CEOs wife Emma Griffen. Thanks to a 40-per-cent provincial tax credit for Canadian content filmed in northern Ontario, plus Northern Ontario Heritage Fund grants, Sudbury has hosted dozens of film and TV shoots in the past few years. Please try again. In 2007, Andrew Hauptman through Andell paid $35 million for the Chicago Fire professional soccer club, which he subsequently built into a $400 million franchise. The family went on to run the Seagram Company, with brands like VO, Crown Royal and Chivas Regal. They head up a diverse cabinet that will brainstorm on the communitys future, and they intend to go out and meet with young people to canvas their ideas on how Jewish life here can be made more relevant to them. We will not have a grip clamp or a sandbag crossing the Ontario-Quebec border.. "He's definitely a big fish is a medium sized pond.". He doesn't seek the spotlight, but it doesn't scare him either, said Karl Moore, a radio host and associate professor at Montreal's McGill University, who has known Bronfman for about 15 years. For the Bronfmans and Gold, the accent is on inclusiveness and a recognition of how diverse the community is today. We have connected. He asks his assistant to show me photos of the couple on his mobile phone. Attendance averaged just under 15,000 a game, middle of the pack among the 12 National League teams. Our participation in Claridge CDPQ Israel gives la Caisse access to a globally-recognized hub for innovation. Musk Made a Mess at Twitter. I have a girlfriend. "Montreal is a city with four million people, but the Bronfmans don't get lost in the noise," Moore said. (Ryan Remiorz/The Canadian Press via AP), Rays top prospect Taj Bradley on mound to face Yankees, Rays face Braves with Shane McClanahan on the mound today. WebStephen R Bronfman is Chairman at Claridge Inc. See Stephen R Bronfman's compensation, career history, education, & memberships. Mr. Bronfman has spent much of his life as an active businessman. Their association with Gen J, they say, is not just a case of lending their names. It has helped propel him through seven years of ups and downs on his quest to bring Major League Baseball back to Montreal. In 1924, Samuel founded the Distillers Corporation in Montreal. So, how much is Charles Bronfman worth at the age of 91 years old? The Bronfmans established a complicated ownership structure with family trusts, much like the Trudeaus. Veteran film industry mogul Paul Bronfman hasn't let multiple sclerosis slow him down as he's taken on rock music, a Vancouver film studio, and now the movie equipment business. Dirt is a part of Penske Media Corporation. She and Charles Bronfman were co-founders of birthright israel, a program offering 18-26 year-olds their first Jewish living and learning experience in Israel. It's tough to learn the word "no" but I have over some time and I stay within, like any business you take your business model and your business is focused, so your philanthropic side of life has to be focused as well. He is the Co-Founder of Birthright Israel, a highly regarded program created as a gift from one generation to the next, providing an educational travel experience to Israel for young Jewish adults. Montreal. WebCharles Bronfman, son of Seagrams founder Sam, w. Wife Barbara & 2-1/2 yr. Old son Stephen at home nr. Looks like the Honeymoon is over! Lightning trade Vladislav Namestnikov to San Jose, Rays have familiar names in lineup today to face Orioles, Rays host Twins for spring baseball under Tropicana Field roof, Amazon partners with Rite Aid for package pickup nationwide. I met a woman. Those rules came in after Bronfman held big fundraisers at the Westmount mansionthe most expensive house in Montreal. Bronfman speaks enthusiastically about his three children, who all work in the film industry in Toronto. The criteria for projects that will be considered for funding is, therefore, broad. The Foundation contributes to major capital campaigns, such as those for the McGill University Health Centre, the Centre hospitalier de lUniversit de Montral super-hospitals, as well as Centraide. . Known to friends and colleagues as Andy, Mrs. Bronfman also served as Founder and Deputy Chairman of The Gift of New York, a non-profit initiative which provided admission to New York Citys cultural, arts, entertainment and sports venues, without charge, to the bereaved families of the 9/11 terrorist attacks. 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I'm involved with all kinds of parts that I think make the fabric of Montreal very, very important. We ask you to keep your comments relevant and respectful. 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Canadian Liberal Party fundraiser Stephen Bronfmans connection to companies that were owed millions by an offshore trust lasted into the mid-2000s, new I have my family, my life, my friends here and I am a traditional guy! In a 2006 article, Forbes magazine put it this way: "If the Bronfmans are Canadian royalty, Stephen Bronfman is the prince you've never heard of.". ICIJ is dedicated to ensuring all reports we publish are accurate. It took less than a day for Trudeau to state that the CRA had looked into Bronfmans case and, After all, how could that possibly be, considering long time family friend and confident Leo Kolber had been investing in, Under pressure from so-called cash-for-access fundraisers, the Liberals have started reporting details about all fundraisers. At least it's not going into his own bank or his mattress or what have you. David Anselmo, a former actor, has opened Northern Ontario Film Studios in a former hockey rink he leases from the City of Sudbury; White two years ago partnered withAnselmo to open a film equipment house there. After graduating from Williams College in Massachusetts in 1986, he worked in the Expos' marketing department for a short time. Federation president Marc Gold describes Gen J as an investment in the future of the Montreal Jewish community. We have enabled email notificationsyou will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. SB - Due diligence, due diligence, lot's of due diligence! As the Liberal Party's chief fundraiser, Bronfman helped get Canada's prime minister Justin Trudeau elected in 2015. In recent years, as Bronfman has tried to bring baseball back to Montreal, he's spoken longingly about growing up with the Expos meeting players, reading box scores, the move to cavernous Olympic Stadium. White has poached staff too, adding key talent as it returns to the film camera rental business, a unit it sold to Panavision in 2004. I suppose the geology degree came in handy for future dealings.". Stephen Bronfman, heir to the Seagram fortune, who was instrumental in Trudeaus successful bid for the leadership of the Canadian Liberal party in 2013 and the Rays to fans: 'We desperately want to stay in Tampa Bay', Rays have cleared one Montreal hurdle, but many remain, Why Rays think their Montreal idea is so 'amazing', Tampa Bay has to decide whether it's a major league market, Stu-realism on display at Rays' museum exhibition. The early passion for the game still burns today, he says. Of course, Bronfmans in attendence. If your name is Bronfman, its very difficult not to do well, says competitor Peter Lukas, founder and owner of Showline Studios in Toronto, presently home to the TV show Big Brother. Oded Tal, an attorney who worked as a senior manager at Claridge for eight years, will manage the Israeli operations for the new venture. Paul is always available if we need guidance or help with anything.. Bronfman, who is alsochairman of Pinewood Toronto Studios, which opened in 2007 in Torontos port, the continents biggest purpose-built film studio, was born into a storied Canadian business family. Stephen and Claudine Bronfman. He speaks excitedly of his new girlfriend, workout routine, recent Atlantic crossing on the Queen Mary 2, new hobby skydiving and, oh yeah, his companys great good fortune in supplying equipment to Canadas fast-growing film and television industry. Pinewood is the single worst investment I have made in Comweb (Bronfmans holding company) in 28 years, he says. . This article was published more than 13 years ago. In the mid-aughts, the house was acquired by Jeff Lubell and Kym Gold, the then-married owners of True Religion jeans. Help us change the world. In May of 2000, she was awarded Doctorate of Philosophy, Honoris Causa, from Tel Aviv University. The politics and business news you need to stay up to date, delivered daily in a must-read newsletter. I don't have the corporate pockets right now that we once had with Seagram, but I'm still doing my part and very honoured and proud to continue to support, not just from a business point of view, but support Montreal's institutions. Edgar Bronfman Jr. took the reins at Seagram in 1994, after his father Artist, storyteller and entrepreneur Hebru Brantley takes us on a journey from his childhood in Chicago discovering fine art, to studying film in Atlanta, to struggling to make ends meet while styling rappers and designing concert posters. Create an account or sign in to continue with your reading experience. Use tab to navigate through the menu items. In 2000, Stephen's cousin Edgar Bronfman Jr. sold the liquor business in favor of the entertainment industry, a disastrous financial move that at one point cut the family's $6.5 billion net worth to about $2.9 billion. With zero return from nine years. Of course, Bronfmans in attendence. Claridge has been involved with some well-known brands including Cirque du Soleil, Dick Clark Productions, gluten-free food maker Glutino and SunOpta, the organic food company. Eventually he finds critical acclaim and collaborates with some of the biggest brands in the world. Bronfman said he's hopeful but realistic. I have a family and so hopefully we can have more Bronfmans in Montreal as we already do. Stephen attended Trudeaus wedding, and the Trudeaus have been Bronfmans guest at the, Charles Bronfmans money was instrumental in founding. And I think the way I am, and the way I lived my life I was on the road a lot as a younger person, so I don't think I could have been the father that I am now. I think that, especially in the Jewish world, there is something called "tikkum olam" which is "the need to give back" and I think we are all taught that from a young age. His late father Edward and late uncle Peters Edper Investments controlled $100-billion worth of assets at one point, including the Montreal Canadiens and Toronto Blue Jays. Now comes the hard work of crunching the numbers to see if the idea makes financial sense, and convincing the city, the province of Quebec and the residents that it's worth the risk. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. Each year, he leads partygoers in an AC/DC song. In 2014, Canada 2020 hosted Hillary Clinton in Ottawa, and a personal meeting with Justin Trudeau was being arranged. Follow us on Twitter: @globebusinessOpens in a new window. He returned to Montreal where he worked in the marketing department of the Montreal Expos, then owned by his late father. Stephen attended Trudeaus wedding, and the Trudeaus have been Bronfmans guest at the familys farmhouse near Mont Tremblant, Quebec. In the backyard, a grassy lawn offers an in-ground trampoline, and below that a wooden staircase leads down the bluff to one of the best surf spots in all of Malibu. They subsequentlysold their impressive Bel Air compound, which consisted of a main house designed by minimalist architect John Pawson and guesthouse designed by Paul R. Williams, in an $85 million deal to Japanese tycoon Hideki Tomita. Send us a tip using our anonymous form. Charles Bronfman established The Andrea M. Bronfman Prize for the Arts (The Andy) to honor his wifes life-long passion for and support of the arts, and to create a showcase for Israeli decorative artists. "He's a business success in his own right," he said. He even enjoyed getting peppered with questions from reporters at a Wednesday news conference. The impromptu performance of two opera singers up-top the marble staircase followed by attendants ushering us into the main If you enjoyed the crazy camera angles in Suicide Squad, shot in Toronto, thank Whites technocranes. Rusty Staub was the team's best hitter. La Caisse de Dpt et Placement du Qubec, which is one of Canadas biggest institutional fund managers and has some $215 billion in assets, said it was teaming up with Claridge as the kind of local partner it is looking for as it establishes a presence in high-growth countries.. But it lost more than 30% on its investment in Koor. Her commitment to human rights and fundamental freedom led her to found the Group of 35 Montreal Womens Campaign for Soviet Jewry. WebAndrea Bronfman is survived by her husband, Charles; her son Jeremy Cohen and his wife Marci, and their children, Danielle, Scott, and Talia; her daughter Pippa Cohen; her son Still, in his corner office at William F. White International Inc., a sprawling former Mattel distribution warehouse in the west end of Toronto that now overflows with lights, generators, high-speed Cinebot cranes and camera cars, Bronfman bubbles over with youthful enthusiasm, and makes up for his motionless hands with animated facial expressions. Contact Graham Brink at gbrink@tampabay.com. On June 27, Stephen Bronfman, chairman of Claridge SRB Investments Inc. and Charles Bronfman's son, was married at his 15,000 square-foot Westmount mansion Chris Cortazzo of Compass held the listing; Jonathan Nash and Stephen Resnick of Hilton & Hyland repped Bronfman and Hauptman. Stephen Bronfman was a young boy when the Expos first arrived in Montreal. It seems Stephen Bronfmans involvement with Justin Trudeau spelled nothing but trouble for the lad, although much of Trudeaus corruption was done all on his own. I have a small contingency fund where we give small grants to lots of needy areas. Most of the Bronfman family have left Montreal. Bronfman stated she will remain in his employ. Still, Paul Bronfman carved his own path, first in rock music, then in a Vancouver film studio, and now in the movie equipment business. [5] After the divorce she decided to stay on in Paris, living and working alone in a studio on her art and sculpting. There are people in Canada who are so wealthy that not only do they think they dont need to pay their fair share of taxes, theyre forcing us to spend a billion dollars to go after them just so theyll do the right thing and pay what they owe, Trudeau said. In the 2010 article "The Heiresses and the Cult", Vanity Fair detailed how Sara and Clare Bronfman had given up to $150 million to NXIVM, a group their father referred to as a cult. Stephen has remained in his ancestral city of Montreal, the last male Bronfman to do so, with his wife, Claudine Blondin, a former Molson marketing In 2011, Sara Bronfman met Basit, a native of Benghazi. He feels there is momentum behind baseball returning to Montreal, whether it be the Rays deal or another one. Canadian family is teaming up with fund manager to take stake in innovative companies. Outbidding Yitzhak Tshuva by $40 million, IDB paid $446 million for Claridges 35.4% holding. I guess it would be nice if other families, who were more new to wealth, would share that obligation. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. The fact that Stephen stayed and prospered has bolstered his credibility with the community, Moore said. I feel an honour to be here and to keep the name going. I am doing my part to be involved with our local community, but as well to support the infrastructure of Montreal. The Expos came back to defeat the St. Louis Cardinals 8-7. To put its size into context, its main competitor, Production Services, employs about 130. Want more of our free, weekly newslettersinyourinbox? I have environment, I have youth education, and I have some of the Montreal institutional stuff and I stay within my means as well. Among the pilot projects receiving funding are The Moot Court of Jewish Law at four Jewish high schools, which introduces Grade 10 students to Jewish law from a historic perspective and as it applies today; the Academy of the Segal Centre for Performing Arts to enable Grade 7 and 8 students from four high schools to enrol; and the creation of the West Island Jewish Family Learning Centre, where parents of pre-school children can get a grounding in Judaism. Of course, Trudeau publicly denies that his office ever discussed the SNC Lavalin case with Stephen Bronfman, although SNC Lavalin happened to make. Workers were still shoveling snow and bolting in the seats as fans arrived, according to television news reports. He moved smoothly between English and French, in a city where that matters. In 1999, he was appointed the first Chairman of United Jewish Communities, now the Jewish Federations of North America (JFNA). The Paradise Papers revealed that, as Justin Trudeau campaigned to become Canadas prime minister on a platform of economic and tax fairness, his chief fundraiser Bronfman quietly helped move millions of dollars offshore, using his familys private investment company Claridge. Rob (Manfred) is really putting himself out there. Haaretz.com, the online English edition of Haaretz Newspaper in Israel, gives you breaking news, analyses and opinions about Israel, the Middle East and the Jewish World. Stephen Bronfman's father, Charles, was the Expos first owner, giving the son a close-up view of the team during the early years. The public rooms perform their best imitation of an Italian country estate, with a mix of stone and hardwood floors, plus a cooks kitchen with a rustic wooden island and what appears to be a La Cornue range. White, meanwhile, struggles with burnout, not of its thousands of light bulbs, but of staff, given the hectic pace. The family could make their product legally in Canada and then sell it to bootleggers trying to quench American's thirst for liquor during the prohibition era. Bronfman has said that he wasn't interested in business as a young man. Trudeau then told reporters he was satisfied with Bronfmans response and that all rules were followed. In 1976, two New York men accused of kidnapping 21-year-old Samuel Bronfman II were convicted of grand larceny. What do you see as the legacy that you are trying to sustain as part of the Bronfman family? The prestigious fellowships, each worth $60,000 over two years, are So, I hope I have been able to effect some change in the way people think about things and the way people, these days, are consuming healthier products. The leaked bank documents indicated that Bronfman and many others had used offshore tax havens to shelter money, which is often perfectly legal. The organization also has a relationship with the David Suzuki Foundation. Headquartered in Montreal, the company became the largest producer and distributor of distilled spirits in the world. The ongoing pandemic may have thrown a mansion-sized wrench into the U.S. real estate market, but summers here and there are still billionaires with ample cash reserves for a lavish vacation home.