Jay Schottenstein

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Jay Schottenstein (born 1954) is an entrepreneur from Columbus, Ohio.

Biography[edit]

Jay is the son of Jewish[1] parents Jerome Schottenstein and Geraldine Hoffman. Jerome established Schottenstein Stores Corp. and was active especially in supporting Jewish charities. He served as board member of Yeshiva University. In 1976, Jay began working in his father's business and later married Jeanne Rabe, with whom he has three sons: Joseph, Johnathan and Jeffrey. He also has three grandchildren, Jacob, Jonah, and Emma. Since 1980, he has served as chairman of American Eagle Outfitters, Incorporated. In 1993, he replaced his father as head of Schottenstein Stores Corporation, as well as in his father's charity activities. Since 2005, he has served as chairman of DSW. He is one of the main contributors, along with his family, to the Schottenstein Edition of the Babylonian Talmud. He is a brother-in-law of Jon P. Diamond.

The Schottenstein family's wealth was once estimated at $2 billion, coming mainly from Retail Ventures, Inc. (RVI) and American Eagle Outfitters, in which it currently holds a 26.5% stake. Schottenstein personally owns about 3% of American Eagle Outfitters, as well as Retail Ventures' stake in the company.[2]

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