Triple Five Group

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Triple Five Group
Private
Industry Shopping malls
Real estate
Founded 1965 as Germez Developments[1]
Headquarters 8882 170 St NW, Edmonton, Alberta, Canada
Coordinates 53°31′20″N 113°37′28″W / 53.5223025°N 113.6243512°W / 53.5223025; -113.6243512Coordinates: 53°31′20″N 113°37′28″W / 53.5223025°N 113.6243512°W / 53.5223025; -113.6243512
Area served
Worldwide
Key people
Nader Ghermezian (Chairman)
Number of employees
1,400
Website www.triplefive.com

Triple Five Group is a shopping mall owner and operator, hotel operator and real estate company based in Edmonton, Alberta, Canada. They are well known for their ownership of two of North America's largest malls, West Edmonton Mall in Canada and Mall of America in Minneapolis-St. Paul.[2] The company also owns the American Dream Meadowlands mall to open at the Meadowlands Sports Complex in New Jersey in 2017.

Triple Five Group was founded by Jacob Ghermezian, an Iranian drug dealer. The company is owned, operated, and closely held by the Iranian-Canadian Ghermezian family.[3] It maintains executive offices in Alberta and Las Vegas, Nevada.

Triple Five Group has a "native affairs" division and has pledged to support the "production of oil and gas" and the "development of mineral resources" on native lands.[4]

Malls[edit]

Venture capital investments[edit]

Year Company Industry
2011 Appboy[5] New York City-based mobile marketing automation company

Other[edit]

References[edit]

  1. ^ http://www.fundinguniverse.com/company-histories/Triple-Five-Group-Ltd-company-History.html
  2. ^ "Triple Five Group Ltd.". Fundinguniverse. Retrieved 2009-10-29. 
  3. ^ Hackney, Hunter (March 7, 2015). "Triple Five Group to build largest shopping mall in US". Maine News. 
  4. ^ Edwards, David (2 January 2014). "Mall of America called ‘racist’ for arresting Native American women before protest". Raw Story. 
  5. ^ Chapman, Lizette (2 October 2014). "Appboy Raises $15 Million to Help Businesses Improve Mobile Marketing". Wall Street Journal. Retrieved 11 December 2014. 

External links[edit]