The fact that Stephen stayed and prospered has bolstered his credibility with the community, Moore said. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Stephen and Claudine Bronfman. Stephen Bronfman personally gave a $5 million US interest-free loan to the Trust in 1997, which was repaid in five months. He married Claudine Blondin Bronfman. Stephen Bronfmans first deal made through Claridge was Canadian Broadcasting Assets, Canadian brewer Labatt, which included sports networks. NXIVM, Stephen Bronfman and the Canadian Connection. But it lost more than 30% on its investment in Koor. Nico Williams, an MFA sculpture candidate at Concordia, and Leila Zelli, a masters candidate in visual and media arts at Universit de Qubec Montral (UQAM), are the 2021 recipients of the Claudine and Stephen Bronfman Fellowship in Contemporary Art.. Stephen Bronfman, heir to the Seagram fortune, who was instrumental in Trudeaus successful bid for the leadership of the Canadian Liberal party in 2013 and the He and his partners have identified a downtown site for a new outdoor stadium. The Paradise Papers revealed that, as Justin Trudeau campaigned to become Canadas prime minister on a platform of economic and tax fairness, his chief fundraiser Bronfman quietly helped move millions of dollars offshore, using his familys private investment company Claridge. Bronfman's father did not approve of the marriage. It was discovered Stephen Bronfman employed SNC Lavalin CEOs wife. Stephen has experience in mobilizing teenagers to take an active role in environmental issues through C-Vert, a project of the Stephen R. Bronfman Foundation started a few years ago. At least it's not going into his own bank or his mattress or what have you. Stephen Bronfman's father, Charles, was the Expos first owner, giving the son a close-up view of the team during the early years. The Bronfman name may not be well known in these parts, but the family has a long and storied history in Canada, dating to when the clan fled the anti-Semitic pogroms in Moldova in 1889. ICIJ is dedicated to ensuring all reports we publish are accurate. Mr. Bronfman holds honorary degrees from universities located in Canada, the U.S. and Israel. . 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. 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. KM - This has been Karl Moore talking Management for the Globe and Mail today with Stephen Bronfman from Montreal. Pinewood Toronto, meanwhile, is full and earning money, but not for Bronfman. I was born and raised there. KM - The Bronfman name is very well known across Canada. It's why he's so excited about the Rays deal. David Anselmo, a former actor, has opened Northern Ontario Film Studios in a former hockey rink he leases from the City of Sudbury; White two years ago partnered withAnselmo to open a film equipment house there. Bronfman has described himself as an optimist. I suppose the geology degree came in handy for future dealings.". Bronfman attended the state dinner that President Barack Obama held for Trudeau at the White House. In 1999 the company, renamed Netstar, was sold to Canadian broadcaster CTV which, The Foundation contributes to major capital campaigns, such as those for the McGill University Health Centre, the Centre hospitalier de lUniversit de Montral super-hospitals, as well as Centraide. Still, in his corner office at William F. White International Inc., a sprawling former Mattel distribution warehouse in the west end of Toronto that now overflows with lights, generators, high-speed Cinebot cranes and camera cars, Bronfman bubbles over with youthful enthusiasm, and makes up for his motionless hands with animated facial expressions. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. According to The New York Times staff reporter Nathaniel Popper, the Bronfman family is "perhaps the single largest force in the Jewish charitable world." 2023 The International Consortium of Investigative Journalists. From the kitchen, dual barn doors slide open to a family room, and there are also fireplace-equipped living and dining rooms. In 2006, Stephen's father's second wife died after a car hit her in New York City. Montreal. Personal life In 1979, Bronfman married his first wife, Sherry Brewer, an African-American actress, in New Orleans. Yet somehow Paul Bronfman, the irrepressible optimist, has not let multiple sclerosis slow him down. Lebouthillier: CRA is undertaking almost 1000 audits, and are working on tax system for all Canadians #hw, CBC Politics (@CBCPolitics) November 23, 2017. Chrystia Freeland. Their Montreal home sold for more than $3.3 million. After the couple split, Gold sold the house in 2015 for $18.5 million to Grant and Patty Sims, a philanthropic couple from Houston who made their fortune in the oil and gas sector, and purchased the property as a vacation home. To put its size into context, its main competitor, Production Services, employs about 130. The sale states that she will become a non-resident of Canada. 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. Chris Cortazzo of Compass held the listing; Jonathan Nash and Stephen Resnick of Hilton & Hyland repped Bronfman and Hauptman. Stephen Bronfman and Justin Trudeau are childhood friends. Hes in remarkably good spirits, Lukas adds. 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. So, how much is Charles Bronfman worth at the age of 91 years old? Send us a tip using our anonymous form. Bronfman's firm teamed up with renowned concert promoter Michael Cohl to produce tours for the likes of Madonna and the Rolling Stones, and musicals including the award winning Spamalot. Some information may no longer be current. Subscribe now to read the latest news in your city and across Canada. "This is what I've been waiting for, and I hope it's what people in the city have been waiting for," he said on a TSN 690 talk radio program Wednesday. [6] [7] [8] [9] The couple divorced in 1954. Gov. In her capacity as National Co-Chair of the Canadian Friends of Beth Hatefutsoth, Andy Bronfman created and directed a national cultural project, A Coat of Many Colours: Two Centuries of Jewish Life in Canada, a major traveling exhibition with a companion book and film. Charles Bronfmans money was instrumental in founding Canada 2020. Stephen was given the reins to his fathers legacy, and was a driving force behind Justin Trudeaus rise to power, through such organizations as Canada 2020. Coincidentally, Sara Bronfman became passionately involved in Libya, having visited the eastern city of Benghazi for what she calls "a few very intense days" in November 2011. 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. The 35s played an active role in alerting both the Canadian government and the public at large to the plight of Soviet Jewry. Help us change the world. Comments may take up to an hour for moderation before appearing on the site. He also praises the new woman in his life. Veteran film industry mogul Paul Bronfman has carved his own path, first in rock music, then in a Vancouver film studio, and now in the movie equipment business. One Paradise Papers document shows that as late as 2005, the borrower the Kolber Trust still owed Claridge Israel more than $7 million. We ask you to keep your comments relevant and respectful. His late father Edward and late uncle Peters Edper Investments controlled $100-billion worth of assets at one point, including the Montreal Canadiens and Toronto Blue Jays. Larry Parrish blasted 30 home runs for the exciting 1979 Expos, and pitcher Steve Rogers won 19 games with a 2.40 earned run average in 1982, good enough to garner the second most votes for the Cy Young Award, given to the league's best pitcher each year. In 2007, Andrew Hauptman through Andell paid $35 million for the Chicago Fire professional soccer club, which he subsequently built into a $400 million franchise. Stephen Bronfman A Chairman of Claridge Inc. at Claridge Stephen is the Executive Chairman of Claridge, a private investment firm. He returned to Montreal where he worked in the marketing department of the Montreal Expos, then owned by his late father. After all, how could that possibly be, considering long time family friend and confident Leo Kolber had been investing in off-shore accounts for the Bronfmans and their elite friends for decades. Stephen Bronfman and Justin Trudeau are childhood friends. 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. La vie est trop courte (life is too short) to put up with the bullshit in Montreal, he says. I have a girlfriend. Eventually he finds critical acclaim and collaborates with some of the biggest brands in the world. Andell invests A $3.5 billion mistake. What do you see as the legacy that you are trying to sustain as part of the Bronfman family? Charles Bronfman, son of Seagrams founder Sam, at home nr. Separated three years ago from his wife, Bronfman lives in a condo in Torontos trendy Yorkville district. Thanks to a 40-per-cent provincial tax credit for Canadian content filmed in northern Ontario, plus Northern Ontario Heritage Fund grants, Sudbury has hosted dozens of film and TV shoots in the past few years. Stephen is the Executive Why did you wait till 40? We encountered an issue signing you up. The prestigious fellowships, each worth $60,000 over two years, are He attended Trudeau's wedding in 2005 and the Trudeaus have visited the Bronfmans' farmhouse near Mont Tremblant, Maclean's magazine reported. Each brings a very different perspective to the issue of revitalizing the Montreal Jewish community. 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. Writing in the Financial Times Tuesday, Mark Vandevelde does a deep dive into Peter and Edward Bronfman and Brookfield Asset Management, which Vandevelde MONTREAL Stephen Bronfman and his wife Claudine are determined that their three young children will grow up proud to be Jewish and comfortable making In 2017, Stephen Bronfman in the Paradise Papers indicated Liberal fundraiser Stephen Bronfman was linked to offshore Cayman Islands trusts. He has taken risks and lost money, some of it in his hometown, Montreal. The partnership with La Caisse fits perfectly in our common strategic and patient investment philosophy.. Outbidding Yitzhak Tshuva by $40 million, IDB paid $446 million for Claridges 35.4% holding. I am involved with, not just environmental issues, but in local schools. In 2014, Canada 2020. , and a personal meeting with Justin Trudeau was being arranged. After a nine-year absence, the Montreal-based private investment firm Claridge, the investment vehicle of the Charles Bronfman family, is returning to Israel this time as a technology investor. The program, intended to give solace to the grieving families, ran through the spring of 2003 and served 12,000 families. The leaked bank documents indicated that Bronfman and many others had used offshore tax havens to shelter money, which is often perfectly legal. The bedroom opens to a covered lanai, equipped with its own fireplace, that overlooks the backyard swimming pool and the ocean beyond. 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 The elder Bronfman sold his shares in the team in 1991. Most of the Bronfman family have left Montreal. 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. Often times that $5,000 or $10,000 can mean a lot more than, say, $100,000 to an opera, which I don't do. They head up a diverse cabinet that will brainstorm on the communitys future, and they intend to go out and meet with young people to canvas their ideas on how Jewish life here can be made more relevant to them. WebClaridge is a private investment firm headquartered in Montreal, Quebec. Being philosophical is the salvation.. He purchased the long time Bronfman family home, in Westmount Montreal, renovating to make it a greener home. Stephen Bronfman contact details: Email address: s***@claridgeinc.com Phone number: (514) ***-**** Who is Stephen Bronfman? Bronfman has said that he wasn't interested in business as a young man. With zero return from nine years. Bronfman, who sits on four industry boards, says Vancouvers film industry is far ahead of Toronto. He is the Co-Founder of Birthright Israel, a highly regarded program created as a gift from one generation to the next, providing an educational travel experience to Israel for young Jewish adults. 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. 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?". Explore my Research, News Articles, and Digs. Through her leadership at ACBP and numerous other philanthropic endeavors, she was a shaping force in initiatives aimed at strengthening Jewish identity worldwide, with a focus on Jewish youth, the arts and education. Dirt is a part of Penske Media Corporation. Get our stories by email. Create an account or sign in to continue with your reading experience. Stephen is equally committed to environmental, cultural and community cau Read More Contact Stephen Bronfman's Phone Number and Email Last Update 11/28/2022 8:19 AM Email s***@claridgeinc.com Stephen attended Trudeaus wedding, and the Trudeaus have been Bronfmans guest at the, Charles Bronfmans money was instrumental in founding. Humility could be an asset as the two sides sort out how to share a baseball team. I've learned a lot and I think the people around me have fun because we're doing different stuff all the time. In 1990, Stephen studied geology at Concordia University in Montreal. It came a bit later in life for you, that sense of rootedness of your own personal family. "I had the best time because I believe in (this project)," he said on talk radio afterward. Good afternoon Stephen. Mrs. Bronfman was on the Board of Directors of the American Jewish Joint Distribution Committee, Inc., New York; The Jewish Museum, New York. The same Leo Kolber that moved all the Elite wealth to Cayman Ilsand offshore accounts. Stephen joined his father Charles private equity firm Claridge in 1990. It's a bit more of a testament to him and I don't really know if that is giving back but it's a start! Bronfman stated she will remain in his employ. Its about continuity and creativity, which are vital to the Montreal Jewish community. I have my family, my life, my friends here and I am a traditional guy! For the Bronfmans and Gold, the accent is on inclusiveness and a recognition of how diverse the community is today. In 2000, Stephen's cousin Edgar Bronfman Jr. sold the liquor business in favor of the entertainment industry, a disastrous financial move that at one point cut the family's $6.5 billion net worth to about $2.9 billion. Claridge exited the Israeli scene in 2006, when it sold control of the conglomerate Koor Industries to the IDB group, then controlled by Nochi Dankner. She gave birth to two little future demons, Sara and Clare Bronfman. He's She and Charles Bronfman were co-founders of birthright israel, a program offering 18-26 year-olds their first Jewish living and learning experience in Israel. Gila Martow is on the case, A group of survivors in Toronto contributed to the process of restoring a Torah scroll hidden during the Holocaust. Trudeau then told reporters he was satisfied with Bronfmans response and that all rules were followed. It has helped propel him through seven years of ups and downs on his quest to bring Major League Baseball back to Montreal.