Gerry Schwartz

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Gerry Schwartz
Born (1941-11-24) November 24, 1941 (age 73)
Winnipeg, Manitoba, Canada
Residence Toronto
Ethnicity Jewish
Alma mater University of Manitoba
Harvard University
Religion Judaism
Spouse(s) Heather Reisman (1982-present)
Children 4


Gerald W. Schwartz, OC born c.1941 in Winnipeg, Manitoba, is a Canadian businessman. In 1977 he co-founded CanWest Global Communications Inc, followed by Onex Corporation[1] in 1983. He has been a director of Scotiabank since 1999. With an estimated net worth of $US 1.0 billion (as of March 2011), Schwartz was ranked by Forbes as the 24th wealthiest Canadian and 1,140th in the world.[2]

The Gerald Schwartz School of Business at St. Francis Xavier University was named in his honour in recognition of his donations to the university.

In 2005, he was awarded the Ernst & Young Entrepreneur Of The Year 2005 Ontario Lifetime Achievement award.[dubious ] In 2006, he was made an Officer of the Order of Canada.[3]

Gerald W. Schwartz is also an Advisory Council member of the Dancer Transition Resource Centre. [4]

Early life[edit]

Schwartz graduated from Kelvin High School in Winnipeg. He received his B.A. and LL.B. degrees from the University of Manitoba[3] where he became an active brother of the Sigma Alpha Mu Fraternity. He later received an MBA degree from Harvard University in 1970.

Personal life[edit]

In 1982, Schwartz married Heather Reisman, Chief Executive of Indigo Books and Music. Schwartz has two children from his first marriage and two step-children from his marriage to Heather Reisman. The couple are members of the Reform synagogue, Holy Blossom Temple in Toronto.[5]

Schwartz owns a mansion in Rosedale, Toronto, a house in Palm Beach, Florida, and a house in Bel Air, Los Angeles California.

Support for Israel[edit]

One of his initiatives has been to send hundreds of iPods to IDF troops.

In 2005, he and his wife, Heather Reisman started scholarship program for IDF lone soldiers (servicemen and servicewomen with no family in Israel), called the Heseg Foundation. [6] The Foundation offers scholarships to successful applicants in order to support their pursuit of academic excellence following their completion of military service. These scholarships consist of full stipends for academic studies as well as financial support for daily living expenses and related benefits.

In 2006, he made a donation to University of Waterloo for $578,000 for an exchange program between University of Waterloo, Canada and University of Haifa, Israel. (more information) He wanted Canada to be working with Israel as partners.

The gold, silver and bronze medals for top academic standing in the JD/MBA program at the University of Toronto Faculty of Law and Rotman School of Management are named after Schwartz.

Schwartz was a founder in 2004 of the Canadian Council for Israel and Jewish Advocacy.

Media[edit]

In the Wall Street (1987 film) DVD special features documentary, Gerry provides his feelings on the financial industry.

References[edit]

  1. ^ "Who is Gerry Schwartz". CBC.ca. November 10, 2000. Retrieved 10 April 2010. [dead link]
  2. ^ Forbes http://www.forbes.com/wealth/billionaires/list?country=223&industry=-1&state= |url= missing title (help). 
  3. ^ a b "Gerald W. Schwartz Profile". Forbes.com. Retrieved 10 April 2010. 
  4. ^ Dancer Transition Resource Centre. Dtrc.ca. Retrieved on 2013-09-19.
  5. ^ Jewish Women's Archive: Heather Reisman by Michael Brown retrieved April 1, 2012
  6. ^ [1][dead link]