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Marcel Adams

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Marcel Adams
Born
Marcel Abramovich

(1920-08-02)2 August 1920
Died11 August 2020(2020-08-11) (aged 100)
NationalityCanadian
OccupationBusinessman
Known forFounder of Iberville Developments
Net worthUS$ 1.5 billion (April 2017)[1]
Spouse(s)
Annie Adams
(m. 1953; died 1997)
ChildrenJulian Adams
Sylvan Adams
Linda Adams Troy
Leora Adams

Marcel Adams (2 August 1920 – 11 August 2020)[2] was a Canadian real estate investor, billionaire, and Holocaust survivor.[1]

Biography[edit]

Marcel Abramovich (later Adams) was born to a Jewish family in Romania in 1920.[1] His father was a tanner.[3] During World War II he was forced to work in Nazi labor camps (1941-1944).[4] He escaped and fled first to Turkey and then to Mandate Palestine where he fought for the independence of Israel.[3] In 1951, he immigrated to Canada where he worked at a Quebec City tannery.[5] In 1955, he began investing in real estate making a 70% profit on his first building.[3] In 1958, he founded Iberville Developments[1] and in 1959, he opened his first mall.[3] Adams was retired and his son, Sylvan Adams, operated the company for almost 25 years,[6] before being succeeded by his own son, Josh.[1][7] As of 2017, Iberville owns and manages a diverse portfolio of over 100 properties consisting of eight million square feet.[1]

Personal life[edit]

In 1953, he married Annie Adams; they had four children: Julian, Sylvan, Linda, and Leora.[3] His son Julian is a biochemist who led a team that developed the drug Velcade; his son Sylvan runs Iberville;[3] his daughter Linda is a lawyer married to commentator Gil Troy; and his daughter Leora is a nurse.[3] Annie died in November 1997.[8]

Adams died on August 11, 2020.[9]

References[edit]

  1. ^ a b c d e f Forbes: The World's Billionaires - Marcel Adams April 2017
  2. ^ Florin Jbanca (18 February 2015). "Extraordinara poveste a românului cu 800 de milioane de dolari ascunse în Elveţia. Traseul de la evreul sărac Meir Abramovici la miliardarul Marcel Adams" (in Romanian). piatra neamt.
  3. ^ a b c d e f g The Press Reader: "Billionaire Marcel Adams Cultivates Israeli Brainpower" May 2, 2010
  4. ^ Financial Post: "93-year-old Canadian real estate mogul makes Forbes billionaires list for first time" by Nicolas Van Praet March 4, 2013
  5. ^ Canadian Business: "Canada's Richest People 2017 - Marcel Adams" 2017
  6. ^ Cashman, Greer Fay (March 3, 2019). "35. Sylvan Adams". The Jerusalem Post. Retrieved August 17, 2020.
  7. ^ Immobilier Commercial" "SYLVAN ADAMS en tête de peloton" volume 7 - numéro 6 - December 7, 2014
  8. ^ "Paid Notice: Deaths ADAMS, ANNIE". November 14, 1997 – via NYTimes.com.
  9. ^ Gil Troy (August 12, 2020). "Marcel Adams passes away after a hundred years of loving Israel and life". The Jerusalem Post. Retrieved August 13, 2020.

Further reading[edit]

  • Guy Mercier, Frédérik Leclerq, François Roy, Marcel Adams à Quebec. Les destins croisés d'un homme et d'une ville, en Pierre Anctil, Simon Jacobs dir.: Les Juifs de Québec. Quatre cents ans d’histoire. Presses de l'Université du Québec PUQ, Québec 2015, pp 195 – 220 (French)