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Philip J. Levin

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Philip J. Levin
Bornc. 1909
Died(1971-08-03)August 3, 1971 (aged 62)
New York City, U.S.
OccupationReal estate developer
SpouseJanice H. Levin
Children3, including Susan L. Tepper
RelativesArielle Tepper Madover (granddaughter)

Philip J. Levin (c. 1909 – August 3, 1971) was an American real estate developer of shopping malls and the majority shareholder of the movie studio Metro-Goldwyn-Mayer.

Early life

Philip J. Levin was born circa 1909 in New York City.[1]

Career

A real estate developer, he built many shopping malls all over the United States, including Maine, Florida and California.[1][2]

He was the majority shareholder of the movie studio Metro-Goldwyn-Mayer in the 1960s.[2] In 1967, he tried to fire its President, Robert O'Brien.[3] He later sold his stake to Edgar Bronfman, Sr..[4]

In 1970, he became the head of the Gulf & Western Land Development company, including its subsidiary Chicago Thoroughbred Enterprises, which owned the Arlington Park and Washington Park Race Track.[1][5] He was also an investor in casinos in Las Vegas, Nevada.[1] Additionally, he served as the President of Madison Square Garden.[6][7]

He was a donor to the Republican Party in Illinois.[1][5]

Personal life

He was married to Janice H. Levin, a philanthropist and art collector. Their granddaughter, Arielle Tepper Madover, is a Broadway producer.[6]

Death

He died of a heart attack on August 3, 1971, at The Pierre hotel in Manhattan.[1][2] He was sixty-two years old.[1] His funeral took place on August 5, 1971 in Plainfield, New Jersey.[7]

References

  1. ^ a b c d e f g Powers, Thomas (August 4, 1971). "Philip J. Levin, Racing Probe Figure, Dies at 62" (scan). The Chicago Tribune. pp. 1–2. Retrieved July 13, 2015. Open access icon
  2. ^ a b c Milestones, Time, August 16, 1971 (subscription required)
  3. ^ Jerry W. Markham, A Financial History of Modern U.S. Corporate Scandals: From Enron to Reform, Routledge, 2015, p. 272 [1]
  4. ^ Isadore Barmash, Welcome to Our Conglomerate--you're Fired!, Beard Books, 1971, p. 150 [2]
  5. ^ a b Taylor Pensoneau, Governor Richard Ogilvie: In the Interest of the State, Carbondale, Illinois: Southern Illinois University Press, p. 245 [3]
  6. ^ a b Jesse McKinley, Arielle Tepper and Ian Madover, The New York Times, February 12, 2006
  7. ^ a b Philip J. Service Set in New Jersey, The Chicago Tribune, August 5, 1971