I have my family, my life, my friends here and I am a traditional guy! 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. KM - You got married when you were 40 and you have three small kids under four. Create an account or sign in to continue with your reading experience. In 1990, he enrolled in Montreal's Concordia University to study geology, but the business bug was starting to take hold. The sale states that He wants a new team so that the next generation of youngsters and adult fans can make similar memories. In 2014, Canada 2020 hosted Hillary Clinton in Ottawa, and a personal meeting with Justin Trudeau was being arranged. Stephen Bronfman, son of Charles and Brother to Ellen, was born and raised in Montreal. Last year, it was TNT. In his office last Wednesday, an assistant cues up this years song, For Those About to Rock (We Salute You).. Montreal was always one of the top communities in world Jewry, and Im committed to seeing it remain so, Stephen Bronfman said in an interview. "I had the best time because I believe in (this project)," he said on talk radio afterward. All rights reserved. Matthew Bronfman divested his controlling stake in Israel Discount Bank last year after holding it a decade. . Pinewood Toronto, meanwhile, is full and earning money, but not for Bronfman. So you pick and choose and you try to make the best decisions, and I stay within my passions. Mr. Bronfman exuded confidence at the Liberal summer caucus over what he had to do to fill Liberal coffers.. White, meanwhile, struggles with burnout, not of its thousands of light bulbs, but of staff, given the hectic pace. Mr. Bronfman holds honorary degrees from universities located in Canada, the U.S. and Israel. In 1999, he was appointed the first Chairman of United Jewish Communities, now the Jewish Federations of North America (JFNA). We are smoking. Her father, Hyam, was, for many years, a leader of the United Joint Israel Appeal of Great Britain. It is not simply a new fund to which those with innovative projects are invited to apply, but more importantly, an open-ended process intended to encourage a community-wide discussion on how to make being a Jewish Montrealer meaningful to those under 30. We are asking young people to recreate the Jewish community in their image, Gold said. From a business perspective, again, I have not been able to affect the large part of the business community like Seagram had, but what I have been able to learn, and I've been lucky enough to be involved in many different business industries (in television, live music touring, food business, and other businesses). But it lost more than 30% on its investment in Koor. Stephen Bronfman speaks to the media about the prospect of Major League Baseball returning to Montreal. In 2014, Canada 2020. , and a personal meeting with Justin Trudeau was being arranged. If you believe you have found an inaccuracy, Latest from Paradise Papers: Secrets of the Global Elite, Paradise Papers: Secrets of the Global Elite, African nations win UN tussle over paving the way for global tax reforms, 136 countries agree to global minimum tax for corporations in historic OECD deal, Nike fails to stop EU probe on billions in alleged tax dodging, Global corporate tax crackdown plan moves forward, but faces key US hurdle. He was gutted when his beloved Expos left for Washington, D.C. after the 2004 season. I was born and raised there. Contact Graham Brink at gbrink@tampabay.com. Bronfman is adding to his family's wealth. 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Following a 50-year career with The Seagram Company Limited, he retired in 2001 as Co-Chairman. The program, intended to give solace to the grieving families, ran through the spring of 2003 and served 12,000 families. Canadian Liberal Party fundraiser Stephen Bronfmans connection to companies that were owed millions by an offshore trust lasted into the mid-2000s, despite his claim it ended years earlier. They have three children, aged three, two and 10 months, and they think they can provide a role model for the modern Jewish couple from different backgrounds but desirous of living a traditional Jewish lifestyle. In Still, Paul Bronfman carved his own path, first in rock music, then in a Vancouver film studio, and now in the movie equipment business. Stephen Bronfman and Justin Trudeau are childhood friends. Students on Ice (SOI) has led educational expeditions to the Arctic and Antarctic. Humility could be an asset as the two sides sort out how to share a baseball team. It seems Stephen Bronfmans involvement with Justin Trudeau spelled nothing but trouble for the lad, although much of Trudeaus corruption was done all on his own. He hopes the deal gets done, so that he can attend opening day with his 88-year-old father. Get email notification for articles from Michael Rochvarger, U.S. Jewish Leaders to PM: Make Sacrifices, Birthrighters More Likely to Marry Other Jews, Haaretz Daily Newspaper Ltd. All Rights Reserved. With all if this scandal surrounding Justin Trudeau, his popularity in rapid decline, Stephen Bronfman has his eye set on another candidate for the 2019 Canadian Election. The same Leo Kolber that moved all the Elite wealth to Cayman Ilsand offshore accounts. The next issue of Financial Post Top Stories will soon be in your inbox. The Kolber Trust was set up in the Cayman Islands in 1991 by Leo Kolber, a long-time business associate of the Bronfman family and major fundraiser for the Liberal Party. General Vanier and Mrs. Samuel Bronfman; wife of the president of the Canadian Jewish Congress; chat at the congress' 13th plenary session of 1. Its budget is drawn up each year often in partnership with government or non-profit organizations. WebAndrea Bronfman is survived by her husband, Charles; her son Jeremy Cohen and his wife Marci, and their children, Danielle, Scott, and Talia; her daughter Pippa Cohen; her son He has taken risks and lost money, some of it in his hometown, Montreal. Hes in remarkably good spirits, Lukas adds. Claridge had been investing in Israel since the 1980s and had a good run buying and selling stakes in Teva Pharmaceuticals and Osem. Each year, he leads partygoers in an AC/DC song. Bronfman, who is alsochairman of Pinewood Toronto Studios, which opened in 2007 in Torontos port, the continents biggest purpose-built film studio, was born into a storied Canadian business family. I think that, especially in the Jewish world, there is something called "tikkum olam" which is "the need to give back" and I think we are all taught that from a young age. Money poured in. WebStephen R Bronfman is Chairman at Claridge Inc. See Stephen R Bronfman's compensation, career history, education, & memberships. Stephen attended Trudeaus wedding, and the Trudeaus have been Bronfmans guest at the familys farmhouse near Mont Tremblant, Quebec. Veteran film industry mogul Paul Bronfman hasn't let multiple sclerosis slow him down as he's taken on rock music, a Vancouver film studio, and now the movie equipment business. So his way of giving back, and he felt was a big philanthropic deed, was that he gave a million dollars to Jerusalem and built a gold Menorah and had it placed in the old city and it is there today. The partnership with La Caisse fits perfectly in our common strategic and patient investment philosophy.. Those rules came in after Bronfman held big fundraisers at the. Jewish Insider. Pinewood is the single worst investment I have made in Comweb (Bronfmans holding company) in 28 years, he says. In 2006, Stephen's father's second wife died after a car hit her in New York City. Now we will see with the economy and how it is these days, but I've been involved with several events and conferences out west where you have a lot of people from, say Silicon Valley, that have made huge amounts of money and they want to learn "what is philanthropy" and "how do we go about it?". Stephen Bronfman contact details: Email address: s***@claridgeinc.com Phone number: (514) ***-**** Who is Stephen Bronfman? Now controlled by Stephen Bronfman, Charles son and a Montreal resident, Claridge will be investing in Israel with Canadian investment manager Caisse through a joint venture called Claridge CDPQ Israel, Claridge and Caisse said Wednesday. Stephen, 45, is the scion of one of the most prominent Jewish families in Canada and is the only one of his generation still living in Montreal, where he heads the private investment firm Claridge Inc. Claudine is, as she says, Jewish by choice, and is eager to share her enthusiasm for the Jewish traditions and values she has adopted, especially with people who are born Jewish but do not necessarily realize how enriching such a heritage is. He moved smoothly between English and French, in a city where that matters. Musk Made a Mess at Twitter. It was discovered Stephen Bronfman employed SNC Lavalin CEOs wife. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Their Montreal home sold for more than $3.3 million. And back in 2017, the Bronfman-Hauptman family downsized their L.A. living circumstances, in a manner of speaking, by purchasing a $16 million Brentwood Park estate that remains their main residence. Over the lifetime of the trust, the They will be investing hundreds of millions of dollars in the technology and innovation sectors. Each brings a very different perspective to the issue of revitalizing the Montreal Jewish community. He's Montreal's point man in the unusual proposal to split the Tampa Bay Rays home games between the two cities. There was an error, please provide a valid email address. Stephen and Claudine Bronfman. Its about continuity and creativity, which are vital to the Montreal Jewish community. I feel an honour to be here and to keep the name going. Want more of our free, weekly newslettersinyourinbox? KM - Much of your family have moved down to the United States; millions of Canadians have done this. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. It seems Stephen Bronfmans involvement with Justin Trudeau spelled nothing but trouble for the lad, although much of Trudeaus corruption was done all on his own. It took less than a day for Trudeau to state that the CRA had looked into Bronfmans case and, After all, how could that possibly be, considering long time family friend and confident Leo Kolber had been investing in, Under pressure from so-called cash-for-access fundraisers, the Liberals have started reporting details about all fundraisers. Film and TV producers have lured away a number of Whites younger employees. Outbidding Yitzhak Tshuva by $40 million, IDB paid $446 million for Claridges 35.4% holding. His net worth has been growing significantly in 2021-2022. There are people in Canada who are so wealthy that not only do they think they dont need to pay their fair share of taxes, theyre forcing us to spend a billion dollars to go after them just so theyll do the right thing and pay what they owe, Trudeau said. Most of the Bronfman family have left Montreal. The latest revelations, first published last week, came as the issue continued to dominate question time in Canadian Parliament, and as Trudeau gave a speech calling on top earners and business leaders to take responsibility for rising income disparity in Canada. 1730 Rhode Island Ave NW, Suite 317 Stephen, a trust fund kid raised in Montreal, attended Williams College in Williamstown, Massachusetts. NXIVM, Stephen Bronfman and the Canadian Connection. Bronfman, whose father Charles was the original owner of the Expos, is part of a group spearheading effort to return baseball the city. How do you focus? Canadian family is teaming up with fund manager to take stake in innovative companies. Multiple sources have revealed to Page Six that the Atlantic Investment founder is now dating Stacey Bronfman, ex-wife of Seagram heir Matthew Bronfman We encountered an issue signing you up. He's Artist, storyteller and entrepreneur Hebru Brantley takes us on a journey from his childhood in Chicago discovering fine art, to studying film in Atlanta, to struggling to make ends meet while styling rappers and designing concert posters. The elder Bronfman sold his shares in the team in 1991. In 2017, Stephen Bronfman in the Paradise Papers indicated Liberal fundraiser Stephen Bronfman was linked to offshore Cayman Islands trusts. (Ryan Remiorz/The Canadian Press via AP), Rays top prospect Taj Bradley on mound to face Yankees, Rays face Braves with Shane McClanahan on the mound today. He purchased the long time Bronfman family home, in Westmount Montreal, renovating to make it a greener home. In 2010 Igtet founded the Independent Libya Foundation (ILF), an organization supporting the fledgling rebel movement. While schools, synagogues and other organizations are an integral part of this dialogue, Gold hopes Gen J will attract the grassroots, people who are not normally engaged in the community structures. Some information may no longer be current. Rays owner Stuart Sternberg has praised Bronfman, and vice versa. All Rights Reserved. Stephen Bronfman and Justin Trudeau are childhood friends. The grandchildren of wealthy patriarchs often give or fritter away the family money, Moore said. And again, we have been so tied to the city through my dad, through my grandfather Sam and what he did with Seagram, and my dad bringing the Expo's to town and I, unfortunately, watching them leave town subsequently with great pain; it's not that we didn't try. He attended Trudeau's wedding in 2005 and the Trudeaus have visited the Bronfmans' farmhouse near Mont Tremblant, Maclean's magazine reported. White now employs 330 full- and part-time staff at offices in Vancouver, Calgary, Regina, Winnipeg, Toronto, Sudbury, Ont., and Halifax. One of them was a fellow named Rabinovich who was a very wealthy business man in Kiev and he had just discovered, not only that he had made a pile of money, but also just discovered he was Jewish and he was very proud of that. And Whites Toronto, we have never been this busy.. "Montreal is a city with four million people, but the Bronfmans don't get lost in the noise," Moore said. Charles Bronfman established The Andrea M. Bronfman Prize for the Arts (The Andy) to honor his wifes life-long passion for and support of the arts, and to create a showcase for Israeli decorative artists. I don't have the corporate pockets right now that we once had with Seagram, but I'm still doing my part and very honoured and proud to continue to support, not just from a business point of view, but support Montreal's institutions. A fan favorite, he's still referred to in Montreal as "Le Grand Orange" for the color of his hair. We have enabled email notificationsyou will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. He and his wife have given away millions of dollars to educational, cultural, environmental and Jewish groups through the Claudine and Stephen Bronfman Family Foundation. Canadian Liberal Party fundraiser Stephen Bronfmans connection to companies that were owed millions by an offshore trust lasted into the mid-2000s, new The criteria for projects that will be considered for funding is, therefore, broad. We apologize, but this video has failed to load. Andrea (Andy) M. Bronfman, z"l, co-chair of The Andrea and Charles Bronfman Philanthropies (ACBP), passed away Monday, January 23, 2006 as the result of injuries sustained in a traffic accident. There were reports of an arrangement with gangster Meyer Lansky and never proven rumors of a connection to Al Capone. Of course, Bronfmans in attendence. Separated three years ago from his wife, Bronfman lives in a condo in Torontos trendy Yorkville district. It's tough to learn the word "no" but I have over some time and I stay within, like any business you take your business model and your business is focused, so your philanthropic side of life has to be focused as well. Caron: did the PM mislead the House or did Stephen Bronfman lie? Visit our Community Guidelines for more information and details on how to adjust your email settings. Today I am talking to Stephen Bronfman, who is a CEO of Claridge Investments Inc. and from a very well-known family here in Canada. Being philosophical is the salvation.. Corruption, bribes, payoffs, threats. Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. A welcome email is on its way. He blew his brains out in Montreal, Lukas says. [10] Stephen Bronfman, 55, rarely speaks publicly about his family's early history and has largely steered clear of the recent controversies. In 2017, Stephen Bronfman in the Paradise Papers indicated Liberal fundraiser Stephen Bronfman was linked to offshore Cayman Islands trusts. Headquartered in Montreal, the company became the largest producer and distributor of distilled spirits in the world. In the backyard, a grassy lawn offers an in-ground trampoline, and below that a wooden staircase leads down the bluff to one of the best surf spots in all of Malibu. The early passion for the game still burns today, he says. The ongoing pandemic may have thrown a mansion-sized wrench into the U.S. real estate market, but summers here and there are still billionaires with ample cash reserves for a lavish vacation home. I feel an honour and I feel almost like this is where I have to be. I am doing my part to be involved with our local community, but as well to support the infrastructure of Montreal. There is a legacy here, I am the last male Bronfman in the city; well there is my cousin Brian, but of direct descendant from Sam. Despite the early victory, the team was awful, losing 20 games in a row and eventually tying for the fewest wins in the league that season. Claridge has been involved with some well-known brands including Cirque du Soleil, Dick Clark Productions, gluten-free food maker Glutino and SunOpta, the organic food company. So far, they seem to be on the same wavelength about where the deal goes from here. White has poached staff too, adding key talent as it returns to the film camera rental business, a unit it sold to Panavision in 2004. We will not have a grip clamp or a sandbag crossing the Ontario-Quebec border.. SNC-Lavalin corruption trial could prove more scandalous than Wilson-Raybould affair. The same Leo Kolber that moved all the Elite wealth to Cayman Ilsand offshore accounts. As the only daughter of Canadian multibillionaire Charles Bronfman, longtime L.A. resident Bronfman Hauptman was born into a family that has been called the perhaps the single largest force in the Jewish charitable world, though they are probably still best-known for their ownership of Seagram, the now-defunct liquor giant that was the worlds top producer of alcoholic beverages in the 1990s. ICIJ is dedicated to ensuring all reports we publish are accurate. As the Liberal Party's chief fundraiser, Bronfman helped get Canada's prime minister Justin Trudeau elected in 2015. I am involved with, not just environmental issues, but in local schools. I find this project as important as any within the realm of the federation or Combined Jewish Appeal. Stephen Bronfman did not speak with the Tampa Bay Times for this article, which is based on previous news reports and what he has said at recent public events, news conferences and on talk radio shows. The Expos played their first home game on a Monday afternoon in April 1969. At the Wednesday news conference, Bronfman looked tanned and fit, dressed in a navy blue jacket, light blue shirt and no tie. It has helped propel him through seven years of ups and downs on his quest to bring Major League Baseball back to Montreal. They will be investing hundreds of millions of dollars in the technology and innovation sectors. Edgar Bronfman Jr. took the reins at Seagram in 1994, after his father Known to friends and colleagues as Andy, Mrs. Bronfman also served as Founder and Deputy Chairman of The Gift of New York, a non-profit initiative which provided admission to New York Citys cultural, arts, entertainment and sports venues, without charge, to the bereaved families of the 9/11 terrorist attacks. I have a small contingency fund where we give small grants to lots of needy areas. It took less than a day for Trudeau to state that the CRA had looked into Bronfmans case and found no problems. The family went on to run the Seagram Company, with brands like VO, Crown Royal and Chivas Regal. Their Montreal home sold for more than $3.3 million. Follow us on Twitter: @globebusinessOpens in a new window. Charles Bronfmans money was instrumental in founding Canada 2020. He also divorced his wife and, in 1975, Edgar married Rita Webb, the daughter of a barkeeper. Why did you wait till 40? At left is and Pierre Boivin. A bunch of gangsters ran the studio and equipment business in Montreal. For decades, the Bronfmans came to prominence within Canada as key fundraisers for the Liberal Party of Canada and filled cabinets with their, Gerald Butts, Trudeaus other lifelong friend was also a founder for Canada 2020, which is registered as a non-profit. Stephen Bronfman was the, The Foundation is a flow-through, meaning that it has no assets. Why did you choose to stay in Canada and in Montreal? In 1924, Samuel founded the Distillers Corporation in Montreal. In fact, while Bronfman is philosophical about MS, he is downright bitter when he speaks of Montreal. Built in 2001, the Tuscan-style villa spans about 6,600 square feet of living space on a 1.2-acre blufftop lot thats notably long and narrow. He and a group of investors failed to keep the Expos in Montreal in the early 2000s. Stephen has remained in his ancestral city of Montreal, the last male Bronfman to do so, with his wife, Claudine Blondin, a former Molson marketing In recent years, as Bronfman has tried to bring baseball back to Montreal, he's spoken longingly about growing up with the Expos meeting players, reading box scores, the move to cavernous Olympic Stadium. One Paradise Papers document shows that as late as 2005, the borrower the Kolber Trust still owed Claridge Israel more than $7 million. In April, Clare Bronfman pleaded guilty for her role in a bizarre sex-trafficking conspiracy involving NXIVM. New rules could make them more aggressive. The Trudeau and Bronfman families have been friends for decades. The fact that Stephen stayed and prospered has bolstered his credibility with the community, Moore said. Andrea Bronfman devoted much of her energies to fostering their interest in Jewish identity, community and meaning, both in North America and in Israel. Andrea Bronfman was 60 years old. Bronfman has said that he wasn't interested in business as a young man. We shut it down in 03. In 2003, she founded AIDA: The Association for Israels Decorative Arts, a vehicle designed to expose Israeli artists to North American galleries and collectors, as well as to educate North Americans about decorative arts in Israel.