Sam Zell, real estate mogul and onetime Trubune owner, is dead at 81

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Sam Zell, real estate mogul and onetime Los Angeles Times owner, is dead at 81

Zell was born to Jewish immigrants from Poland, and grew up in Albany Park and later in north suburban Highland Park. After graduating from Highland Park High School, Zell attended the University of Michigan for both his undergraduate and law degrees.

Perhaps known most for his real estate investments in areas like offices, apartments and manufactured housing, Zell perpetually gazed at other industries in a relentless drive for making money. That led to investments in radio stations, cruise ships, seafood restaurants and the fertilizer business. An iconoclastic executive, Zell’s personal style ran to motorcycle clothing and a liberal use of four-letter words. But to Zell, thinking differently was what enabled him to make his mark.

“Even as a child, I looked at things differently,” he told the Tribune in 2004. “I had so much innate self-confidence. Why is someone doing it the way they’re doing it? I can do it better.”

 

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Sam Zell, Chicago-based real estate mogul, dies at 81Sam Zell, who ran a Chicago-based real estate empire that he began building when he was a college student, has died at 81.
Source: chicagotribune - 🏆 8. / 91 Read more »