Philip J. Levin

Philip J. Levin (c. 1909 – August 3, 1971) was an American real estate developer of shopping malls and the majority shareholder of the movie studio Metro-Goldwyn-Mayer.

Philip J. Levin
Bornc. 1909
New York City, U.S.
Died(1971-08-03)August 3, 1971 (aged 62)
New York City, U.S.
OccupationReal estate developer
Spouse(s)Janice H. Levin
Children3, including Susan L. Tepper
RelativesArielle Tepper Madover (granddaughter)

Early life

Philip J. Levin was born circa 1909 in New York City.[1]

Career

A real estate developer, he built many shopping malls all over the United States, including Maine, Florida and California.[1][2]

He was the majority shareholder of the movie studio Metro-Goldwyn-Mayer in the 1960s.[2] In 1967, he tried to fire its President, Robert O'Brien.[3] He later sold his stake to Edgar Bronfman Sr..[4]

In 1970, he became the head of the Gulf & Western Land Development company, including its subsidiary Chicago Thoroughbred Enterprises, which owned the Arlington Park and Washington Park Race Track.[1][5] He was also an investor in casinos in Las Vegas, Nevada.[1] Additionally, he served as the President of Madison Square Garden.[6][7]

He was a donor to the Republican Party in Illinois.[1][5]

Personal life

He was married to Janice H. Levin, a philanthropist and art collector. Their granddaughter, Arielle Tepper Madover, is a Broadway producer.[6]

Death

He died of a heart attack on August 3, 1971, at The Pierre hotel in Manhattan.[1][2] He was sixty-two years old.[1] His funeral took place on August 5, 1971 in Plainfield, New Jersey.[7]

References
  1. Powers, Thomas (August 4, 1971). "Philip J. Levin, Racing Probe Figure, Dies at 62" (scan). The Chicago Tribune. pp. 1–2. Retrieved July 13, 2015.
  2. Milestones, Time, August 16, 1971 (subscription required)
  3. Jerry W. Markham, A Financial History of Modern U.S. Corporate Scandals: From Enron to Reform, Routledge, 2015, p. 272
  4. Isadore Barmash, Welcome to Our Conglomerate--you're Fired!, Beard Books, 1971, p. 150
  5. Taylor Pensoneau, Governor Richard Ogilvie: In the Interest of the State, Carbondale, Illinois: Southern Illinois University Press, p. 245
  6. Jesse McKinley, Arielle Tepper and Ian Madover, The New York Times, February 12, 2006
  7. Philip J. Service Set in New Jersey, The Chicago Tribune, August 5, 1971
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