Vector Group
| Vector Group | |
| Company type | Public |
|---|---|
| Industry | diversified holding |
| Genre | Holding company |
| Founded | 1911 |
| Headquarters | |
Key people | Bennett S. LeBow, Chairman Howard Lorber, President & CEO |
| Products | tobacco, real estate, hotels, property management, mortgage services |
| Revenue | $555.4 Million |
| $73.8 | |
| Total assets | $785.2 Million |
Number of employees | 430 |
| Subsidiaries | New Valley LLC Liggett Group Vector Tobacco Liggett Vector Brands Douglas Elliman Realty (50%) Ladenburg Thalmann (8.7%) |
| Website | website |
Vector Group Ltd. (NYSE: VGR) is a publicly traded holding company run by Bennett S. LeBow. The company's holdings include:
- Liggett Group a tobacco company founded in 1873. Liggett is the maker of Pyramid, Jade, and Eve 120's branded discount products, and Liggett Select in the deep discount category. The company also produces a number of private-label and distributor-exclusive brands for a total of more than 240 brand styles.
- Douglas Elliman Realty (50%), the largest residential real estate brokerage in the New York metropolitan area with over 60 offices and 3,500 agents.
- Liggett Vector Brands, A company that coordinates the sales and marketing for both Liggett Group and Vector Tobacco.
- Vector Tobacco, based in North Carolina, is engaged in the development and marketing of the low nicotine and nicotine-free Quest (cigarette) cigarette products and the reduced carcinogen Omni cigarette products.
- New Valley LLC. (Formerly known as Western Union), New Valley is an investment company that owns stakes in real estate projects throughout the United States.
- Ladenburg Thalmann (8.7%), an investment bank and stock brokerage founded in 1876.