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Maurice Gusman

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Maurice Gusman
File:Maurice Gusman in 1975.jpg
Gusman in 1975
Born
DiedApril 4, 1980
Occupation(s)Investor, banker, real estate developer, philanthropist
Known for

Maurice Gusman (born 1889 - died April 4, 1980)[1] was a Ukrainian - born American millionaire investor and philanthropist. Born in Ukraine into a Jewish family,[2] Gusman immigrated to the United States at the age of 14 alone.[3] Gusman began working at the age of 13 to save money for his ticket to the United States and never had a former education.[4] Gusman arrived to New York through the Ellis Island and spent first years in the Lower East Side of Manhattan, working at a drugstore. Within three years of arrival to the United States he opened his own store, but lost in in the financial crisis of 1907. He moved to Akron, Ohio to open another store and made millions in the rubber industry [1]

Gusman became a millionaire by the age 32. In 1947, he moved to Miami with his family and began his real estate investment and development.[citation needed]

In 1948, Gusman purchased the Olympia Theater, renovated it and gave it to the City of Miami in 1975.[5] He donated $2.5 mln to the University of Miami for the building of the concert hall that opened on January 31, 1975 at the Frost School of Music

References

  1. ^ a b Voboryl, Mary (April 26, 1980). "Ex-Convict Son to Inherit Gusman's Property". The Miami Herald. p. 145.
  2. ^ "Maurice Gusman, 91, of Miami; Ukraine Emigre Built a Fortune; First Job at $3 a Week". The New York Times. April 4, 1980. p. Section A, Page 23.
  3. ^ Ralbowski, Martin (April 4, 1980). "Maurice Gusman: A Long and Happy Life". The Miami News. p. 1A, 4A.
  4. ^ Fish, Lia (July 9, 1989). "History Around Us". The Miami Herald. p. 30.
  5. ^ "Philanthropist's Heirs Sue To Get Olympia Theater Back". 2019-12-29. Retrieved 2021-12-11.