Sheldon Solow

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Sheldon Henry Solow
Born (1928-07-20) July 20, 1928 (age 90)
Brooklyn, New York, US
Residence New York City
Nationality American
Alma mater New York University (dropped out)
Occupation Property developer
Known for Solow Residential
Net worth $4.7 billion (November 2017)[1]
Spouse(s) Mia Fonssagrives
Children 2
Website www.solowresidential.com

Sheldon Solow (born July 20, 1928)[2] is an American real estate developer in New York.[3][4]

Early life[edit]

Solow was born and raised in a Jewish family[5][6] in Brooklyn.[3] His parents were Isaac, a bricklayer, and Jennie Brill, a homemaker.[1][2] He attended New York University but dropped out.[1]

Career[edit]

In the 1970s, Solow obtained financing,[3] and after buying out each of the many townhouses in that spot before, in collaboration with architect Gordon Bunshaft, Solow built a 50-story office building at 9 West 57th Street. As of 2017, the building is still considered a desirable location because of its views of Central Park.[7]

Personal life[edit]

Solow is married to sculptor and jewelry designer Mia Fonssagrives,[8] the daughter of Lisa Fonssagrives, a Swedish model and the French photographer, Fernand Fonssagrives.[9][10] They have two children and live in New York City.[1] His son, Stefan Soloviev, works in the family real estate business and runs an agriculture conglomerate called Crossroads Agriculture based in Colorado and New Mexico. He is ranked the 54th largest landowner in the United States.[1]

Solow is an extensive collector of modernist and renaissance art. Solow owns "Young Man Holding a Medallion" by Botticelli as well as paintings by Balthus, Henri Matisse, and Franz Kline; and sculptures by Alberto Giacometti.[3] In February 2012, he sold a Francis Bacon painting for $33.5 million, a Joan Miro painting for $26.6 million, a Henry Moore sculpture for $30.1 million; and in February 2013, he sold an Amedeo Modigliani painting for $42.1 million.[3] In May 2015 Solow sold Giacometti' s 1947 sculpture L'homme au doigt for $126.1 million, setting a world record for the most expensive sculpture ever sold.[11] Though Solow derives significant tax benefit from the collection's 501(c)3 non-profit status, he provides no public access.[12][13] In 2018, Solow arranged for his son to lead the Solow Art and Architecture Foundation, effectively passing control of the collection from Sheldon to Stefan without any estate tax.[13][12]

References[edit]

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