Vector Group

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This article is about the publicly traded holding company. For the electrical engineering method of categorizing voltage, see Vector group.
Vector Group Ltd.
Public
Traded as NYSEVGR
Industry Diversified holding
Genre Holding company
Founded 1999 (17 years ago) (1999)
Founder Bennett S. LeBow
Headquarters 4400 Biscayne Boulevard
Miami, Florida 33137
, United States
Key people
Bennett S. LeBow Chairman
Howard Lorber President and Chief Executive Officer
Products Alcoholic beverages, hotels, mortgage services, property management, tobacco, real estate
Revenue $1.6 billion (FY 2014)
$37.0 million (FY 2014)
Total assets $1.6 billion (FY 2014)
Number of employees
1,090
Subsidiaries Liggett Group
Liggett Vector Brands LLC
New Valley LLC
Vector Tobacco
Website vectorgroupltd.com

Vector Group Ltd. is an American publicly traded holding company, headquartered at 4400 Biscayne Boulevard in Miami, Florida.

It was founded in 1999 by its chairman, financier Bennett S. LeBow. Howard Lorber serves as the company's president and chief executive officer.[1]

In 2013, Forbes magazine named the Vector Group as one of "America's 100 Most Trustworthy Companies".[2]

Holdings[edit]

Subsidiaries[edit]

  • Liggett Group – a tobacco company; founded in 1873; maker of Eve 120s-branded discount products; and Pyramid, Grand Prix and Liggett Select products in the deep discount category; also produces a number of private-label and distributor-exclusive brands for a total of more than 136 brand styles
  • Liggett Vector Brands LLC – coordinates the sales and marketing, along with certain support functions, for both Liggett Group and Vector Tobacco
  • New Valley LLC (formerly known as Western Union) – seeks to acquire additional operating companies and real estate companies; owns 70 percent of Douglas Elliman, which operates the largest residential brokerage company in the New York metropolitan area
  • Vector Tobacco Inc. – engaged in research relating to reduced-risk cigarette products and in the manufacture of conventional cigarettes; based in North Carolina

Investments and real estate holdings[edit]

Former investments[edit]

Additional offices[edit]

The company has additional offices at 712 5th Avenue in the Manhattan borough of New York City, New York.

See also[edit]

References[edit]

  1. ^ Database (undated). "Vector Grp Ltd". Frankfurt Stock Exchange. Retrieved June 14, 2014.
  2. ^ Smith, Jacquelyn (March 18, 2013). "America's 100 Most Trustworthy Companies". Forbes. Retrieved June 14, 2014. 

External links[edit]