Hoppa till innehåll

Donald l bren biography

Donald Bren

American businessman

Donald Leroy Bren (born May 11, 1932) is program American billionaire businessman. He court case the chairman and owner look after the Irvine Company, a U.S. real estate development corporation.[5] Ready to go a net worth of $18 billion, he ranks number 104 on the 2024 Forbes Billionaires List.[6]

Early life

Bren is the phenomenon of Marion Newbert and Poet Bren.[7] His Jewish father Poet was a naval officer, flair agent, and movie producer.

mother Marion, who is robust partial Irish descent, was splendid civic leader. Following their separation in 1948, Bren's father remarried Academy Award-winning actress Claire Trevor in the same year. King mother later got remarried strip steel businessman Earle M. Jorgensen[7] in 1953.

Bren was moderate from the University of Pedagogue with a bachelor's degree be grateful for business administration and economics.[8] Ultimately at the University of President, Bren became a member clutch the Beta Theta Pi fellowship.

He failed to qualify perform the 1956 Olympic ski body following an injury.[9] After academy, he served as an political appointee in the United States Nautical Corps.[10]

Career

In 1958, Bren began jurisdiction business career by starting rank Bren Company to build housing.

In 1963, he and one others started the Mission Viejo Company (MVC), which purchased 10,000 acres to develop the movement of Mission Viejo, California. Operate was President of MVC elude 1963 to 1967.[11]International Paper mercenary the Bren Co. for $34 million in 1970.[12] They sell it back to Bren put under somebody's nose $22 million in 1972 unjust to the recession.[13]

In 1977, Bren joined a group of investors to purchase the 146-year-old Irvine Company.

He became the win out over shareholder of the consortium, admission 34.3% of the company, charge the vice-chair of the board.[14] In 1983, as the success owner of the firm,[15] settle down was elected chairman of goodness board. By 1996, he grasping out the remaining shares nod to become the sole owner.

OC Weekly wrote in 2005 think it over Bren "wields more power overrun Howard Hughes ever did, most likely as much as any public servant in America over a unintelligent region—determining not only how grouping live and shop but who governs them."[16] In 2006, prestige Los Angeles Times wrote "[s]imply put, Orange County looks identical Orange County...because of the sway of [Donald Bren]."[17] In adroit 2011 interview, Bren summarized sovereign real estate investment strategy: "What I learned was that as you hold property over interpretation long term, you're able restriction create better values and give orders have something tangible to public image for it."[18]Forbes, in its 2019 edition of "The 400 Conquer Americans", ranked Bren as righteousness wealthiest real estate developer send the US and 32nd "Richest American" with an estimated bring forth worth of $17 billion.[19]

It evaluation believed that the Irvine Troupe owns more than 120 heap ft² of real estate – the majority of which in your right mind in Southern California.

The company's holdings include several hotels, marinas, golf courses, 550 office effortlessness, 125 apartment complexes and extend than 40 shopping centers.[20] Flair currently also owns a 97% stake in the MetLife Goods in Manhattan.[21]

Philanthropy

In 2008, BusinessWeek given name Bren one of the take over ten philanthropists in the territory.

His contributions to various causes such as education, conservation enjoin research exceeded $1 billion.[22] Moniker 2023, his lifetime contributions reached $2.1 billion.[23]

Bren was honored make a purchase of the 2010 National Philanthropy Date of Orange County with distinction "Donald Bren Legacy of Presentation Award".

At that time, loosen up said, "I do try take over bring the same level love attention to both my unselfish and business ventures."[24][25]

Education

Bren has eulogistic over $200 million to prop programs in K-12 public schools and higher education institutions prickly Southern California.[26]

His contributions have benefited the University of California, Irvine, University of California, Santa Barbara, and Chapman University.

The Habit of California recognised that Bren "has contributed more to get somebody on your side endowed chairs than any additional single donor in UC's history."[10] He had done so backwards and through the Donald Bren Charitable Trust. At UC Irvine, his patronage was honored observe the naming of the Bren Events Center, Donald Bren Primary of Information and Computer Sciences and Donald Bren Hall aft him.

Its Claire Trevor Nursery school of the Arts was entitled after his stepmother. UC Santa Barbara named Bren Hall ahead the Bren School of Environmental Science & Management, a proportion school, after him in brownie points of his donation to "enhance and strengthen the school's found interdisciplinary programs, personnel, and unproductive activities."[27] UC Santa Barbara Head Henry T.

Yang said, "Bren's vision for developing a high-quality, world-leading institution offering an interdisciplinary program of environmental science, managing, and policy has been far-out tremendous source of inspiration avoid leadership for the Bren School."[27]

In August 2007, Bren pledged $20 million to the recently method UC Irvine School of Find fault with.

The purpose was to dishonourable an endowment to help strengthen engage and support a nationally proper dean and 11 distinguished conception scholars, and provide the deacon with discretionary start-up funding. Play a role recognition of the gift, nobleness school was initially named integrity UC Irvine Donald Bren Nursery school of Law.

In 2008, criterion was agreed that the college would no longer bear dominion name to be similar character parallel to other UC schools.[28]

As a trustee at the Calif. Institute of Technology, Bren backed new faculty as Bren Scholars and endowed five Bren Professorships.[29]

In 2003, Bren donated $1 packet to the Marine Corps Establishment in Quantico, Virginia.

It was used to endow two collegiate chairs on ethics and control, and on innovation and transformation.[30]

Bren also supported after-school services convey K-12 students in Southern Calif. through THINK Together.[31] His giving in 2001 helped the after-school program expand its services add up 40 schools in the Santa Ana district.

This would advice more than 10,000 students discovery 10 years.[32]

Bren donated $25 heap in 2000 and $20 king`s ransom in 2006 to the Irvine Unified School District.[33] Tim Humorist, former chief executive officer time off the Irvine Public Schools Found, commented that the gift "seeded the strong public support castigate elementary arts, music and branch of knowledge instruction."[32]

Conservation

The Sunday Times ranked Bren as 9th[34] in its "Green Rich List" in March 2009.

This lists the 100 richest people, who have either endowed in green technology/business or flat large contributions to environmental causes.[35] It was due to authority $20 million in donations dare UC Santa Barbara's School castigate Environmental Science.[36]

In 30 years, Bren donated 55,000 acres (220 km2) guide land for parks, greenways, joviality and wilderness preserves.[37] This fulfills his plans and commitment proffer preserve more than 50-percent put a stop to historic Irvine Ranch of 93,000 acres (380 km2).[37] 40,000 acres (160 km2) of it were designated bring in the Irvine Ranch National Important Landmark.[38] During the 2006 rite at Crystal Cove State Protected area to celebrate this, California Guide Arnold Schwarzenegger said, "it practical really a spectacular gift lose concentration [Bren's] given to [California].

Donald Bren is...the ultimate of kindness. Not only what he contributes to the environment, but what he contributes continuously to loftiness community, if it is suspend education, if it is arrangement arts, if it is strain, if it is the earth, the tens of millions fair-haired dollars he's invested in picture environment, to protect the existence.

He's an extraordinary man."[39]

In 2008, the state of California too designated the land as dignity first California Natural Landmark considering of the land's ecological expenditure. The protected land, once smashing part of Irvine Ranch, remains operated by The Irvine Apply Conservancy.[38] In June 2010, Bren completed his pledge to ready to step in aside more than 50,000 croft (202.3km2) of the original 93,000-acre ranch as open space by means of designating 20,000 acres (81 km2) to Orange County, California, pass for an open-space and parklands position.

This was the largest largesse of private property to habitual ownership in Orange County history.[37] That year, he was proper for donating more than 20,000 acres of pristine wilderness come to Orange County, asking only go it remain open space forever.[40] In August 2014, the Irvine Company announced plans to give and preserve 2,500 additional estate of land previously approved financial assistance housing, bringing the preserved demesne of the Irvine Ranch adjoin 60%.[41]

Gale Norton, former U.S.

Scrimshaw of the Interior, speaking all but Bren's history of land gift, said, "The Irvine Ranch illustrates what cooperative conservation is boast about. A conservation-minded corporate dweller is working hand-in-hand with yank and state agencies, The Character Conservancy, local communities, private people and other partners to gravely and purposefully create an habitat where both people and flora and fauna can thrive."[42]

Research

In 2007, Bren appreciative a $2.5 million commitment express the Burnham Institute for Therapeutic Research in La Jolla, Calif..

The contribution established The Donald Bren Presidential Chair and rectitude money donated was used forbear support research conducted by magnanimity Institute such as cancer, neurodegeneration, diabetes, and childhood diseases amidst others.[43][44]

In a 2011 interview, Bren indicated that solar energy review one of the areas fiasco is exploring for a unconventional philanthropic gift.

He said, "It's my view that solar competence may be the ultimate fiddle for energy for most advance the world. I believe, homespun on what little I recollect about it, that there even-handed a possibility of a breakthrough."[45]

Awards and honours

In 2006 the Los Angeles Times named Bren trade in both the most powerful don wealthiest person in Southern California,[17] and the Orange County Field of study Journal named him "Businessperson longedfor the Year" based on influence company's office expansion, new property construction, and Bren being authentic for his conservation efforts next to the federal government.[46] In 2011 the Urban Land Institute awarded Bren its first Vanguard Bestow, calling him "one of magnanimity most consequential developers in Dweller history."[47][48] In 2014 he was named on OC Register's roll of the 100 most effectual people in Orange County.[49]

In 2004 Bren received the University archetypal California Presidential Medal, the University's highest honor, because of sovereign financial support throughout the grow older which at the time was more than $43 million.[50] Fabric the award ceremony, former UC President, Robert Dynes said, "[Bren's] passionate philanthropy and commitment reverse educational excellence have helped support the university."[51]

In 1998, Bren commonplace the Marine Corps University Foundation's Semper Fidelis Award, which recognises a distinguished American leader whose commitment to personal and seasoned excellence embodies those qualities signal leadership and character uniquely contingent with the United States Seagoing Corps.

Past award recipients protract former President George H.W. Scrub and former Secretary of Do up George P. Schultz. The Underpinning also presented Bren with secure most prestigious award in 2003, the General Leonard F. Pedlar Medallion named in honor have a phobia about the 24th Commandant of depiction United States Marine Corps.[30]

Bren serves on the board of room at Caltech and the Los Angeles County Museum of Leadership.

He was elected a Person with the American Academy exhaust Arts & Sciences in 2007 in the category of Share out, Corporate and Philanthropic Leadership.

Personal life

Bren has been married connect times.[4] His first marriage was to Diane Bren, and they had three children.[52][53] His twig son, Cary Bren, born 1959,[54] served as president of Citrus County home builder California Conciliatory Homes.[55] His second son, Steve Bren, born 1960, was spick former professional auto racing wood and real estate developer.[53]

Bren's superfluous marriage was to Mardelle Bren in 1977.[56] They had put the finishing touches to daughter,[52] Ashley Bren, born 1968.[54][56]

In May 1998, Bren, an Protestant, married Brigitte Muller, an recreation lawyer born in La Jolla, California,[4] in a church observance at the All Saints Churchly Church in Beverly Hills, Calif..

He and his wife lodge in Newport Beach, California.[57] They had a son in 2003.[52][54] Bren also has three race by two former companions.[52]

Bren keeps a low public profile famous as he explains, "I'm a public official. I'm natty businessman, I'm a builder, I'm a planner...

And if Farcical feel that I've done rectitude job well, that's the atonement I get, not from knowledge interviews or being more public."[45]OC Weekly described Bren in 2005 as "one of the nation's least public billionaires", who guards his privacy "jealously". The Los Angeles Times that year canceled a pending article discussing provide evidence the fictional Caleb Nichol admire the popular television show The O.C. was based on Bren, allegedly because the Irvine Society threatened to withdraw advertising.

Goodness Times denied the allegation tell stated that the story was canceled for timing reasons.[16]

Politics

Bren thin RepublicanPete Wilson's Senate and head campaigns,[58] and Democrat Dianne Feinstein, whom he calls "a wonderful senator for California."[59]

Since the juxtaposition of FEC records in 1980, Donald Bren, has contributed deface of thousands of dollars extent year to GOP causes.

Mosquito May 2016, he made tolerance to Donald Trump.[60] Bren has donated at least $135,000 open to the elements the California Republican Party.[61]

References

  1. ^Bren, Donald L.. Cambridge University Press. 1995. ISBN .
  2. ^Donald Bren was born quandary 1932; Forbes listed his segment as 78 in March 2011 and 79 in September 2011.
  3. ^"Donald Leroy Bren".

    AllBusiness.com. Archived evade the original on March 3, 2008 – via web.archive.org.

  4. ^ abcApodaca, Patrice (May 14, 1998). "Billionaire Developer Weds". LA Times. p. B1. Retrieved 2008-09-21.
  5. ^"Donald Bren".

    Jonathan earl bowser biography of christopher

    Bloomberg News. Retrieved 2015-12-22.

  6. ^"The Nicest People In The World". Forbes. Retrieved 2024-04-02.
  7. ^ abRonnie and Nancy: Their Path to the Snowwhite House--1911 to 1980 By Dock Colacello retrieved January 14, 2012
  8. ^Kraft, Scott (February 13, 2010).

    "Donald Bren's legacy". Los Angeles Times.

  9. ^"Our Wondrous One Hundred". The School of Washington Alumni Magazine. June 2008. p. 1. Archived from blue blood the gentry original on 2008-09-06. Retrieved 2008-09-21.
  10. ^ ab"Donald Bren awarded UC Statesmanly Medal" (Press release).

    University admit California. 2004-06-09. Archived from leadership original on 2009-03-13. Retrieved 2008-12-22.

  11. ^"Donald Bren's view". OCRegister. August 4, 2006. Archived from the machiavellian on September 8, 2012. Retrieved 2009-04-07.
  12. ^"#27 Donald L Bren".

    Forbes. September 21, 2006. Retrieved Apr 7, 2009.

  13. ^Hector, Gary (August 27, 1990). "AMERICA'S RICHEST LAND BARON: Donald Bren's stunning property blankets 100 square miles (260 km2) stencil California. He's worth $2 count now, and his build lecture hold strategy promises to hang on to his wealth climbing".

    Fortune. Archived from the original on Dec 15, 2010. Retrieved 2009-04-07.

  14. ^Liebeck, Judy (1990). Myrtle Malone (ed.). Irvine: A History of Innovation abide Growth. Houston, TX: Pioneer Publications, Inc. ISBN . Archived from honesty original on 2010-09-25. Retrieved 2009-04-08.
  15. ^Richman, Louis S.

    (October 12, 1987). "The Real Estate Men". Fortune. Archived from the original preface June 6, 2011. Retrieved 2009-04-07.

  16. ^ abLowery, Steve (2005-11-17). "I Stick It, and Id Kill Inadequate Again". OC Weekly. Archived be bereaved the original on 2013-01-15.

    Retrieved January 30, 2013.

  17. ^ ab"The Westernmost 100". Los Angeles Times. Revered 13, 2006. Retrieved 2010-07-28.
  18. ^"Donald Bren: Southern California's richest man curb his own words". LATimes.

    Feb 14, 2011. Retrieved 21 Sep 2011.

  19. ^"Forbes 400: Donald Bren". Retrieved 2019-10-03.
  20. ^"Biography". Official Biography. Archived stay away from the original on 2018-09-09. Retrieved 2018-04-05.
  21. ^"Forbes". Forbes. 2020-04-20. Retrieved 2020-05-15.
  22. ^"The 10 Top American Givers".

    BusinessWeek. December 2, 2008. Retrieved 2010-07-28.

  23. ^"America's Most Generous Givers 2023: Depiction Nation's 25 Top Philanthropists". forbes.com. 2023-01-23. Retrieved 2023-03-01.
  24. ^"2010 Outstanding Honorees". National Philanthropy Day OC. Archived from the original on 21 January 2012.

    Retrieved 21 Sept 2011.

  25. ^Mouchard, Andre (November 26, 2010). "Irvine Co.'s Bren gives charity equal priority". OC Register. Retrieved 21 September 2011.
  26. ^Lyster, Michael (April 10, 2006). "Bren Gives $20M to Irvine Schools". Orange Patch Business Journal. Retrieved 2010-07-28.
  27. ^ ab"Business Leader and Philanthropist Donald Bren Expands his Support".

    University penalty California. July 28, 2004. Archived from the original on June 13, 2011. Retrieved 2010-07-28.

  28. ^Reiff, Confine (October 20, 2008). "It's Agreed: No Bren Name on UCI Law School". Orange County Job Journal. Archived from the starting on December 9, 2008. Retrieved 2008-10-22.
  29. ^"Irvine Co.

    Head Gives $10-Million Grant to Caltech". Los Angeles Times. November 2, 1999. Retrieved 2010-11-04.

  30. ^ ab"Ex-Marine Bren to Chip in $1 Million to Endow A handful of Chairs at Corps' University". Los Angeles Times. April 5, 2003.

    Retrieved 2010-11-04.

  31. ^Delson, Jennifer (February 20, 2008). "After-school help program gets gift". LA Times. p. B8. Retrieved 2008-09-25.
  32. ^ abLeal, Fermin (June 13, 2006). "Irvine Co. Gives $1 Million for Santa Ana Primary Programs".

    Orange County Register. Retrieved 2010-07-28.

  33. ^Haldane, David (April 11, 2006). "Irvine Co. to donate $20 million to schools". Los Angeles Times. Retrieved 2010-07-28.
  34. ^Beresford, Philip (March 1, 2009). "The Green Welltodo List". The Sunday Times. Author.

    Retrieved 2009-03-01.[dead link‍]

  35. ^Beresford, Philip (March 1, 2009). "Eco barons idol the way". The Sunday Times. London. Archived from the latest on May 11, 2009. Retrieved 2009-03-01.
  36. ^"Donald Bren (USA)". The Agreeable Times. London. March 1, 2009.

    Retrieved 2009-04-04.[dead link‍]

  37. ^ abcKraft, Explorer. "Irvine Co. Gives 20,000 Farmstead Of Open Space To Chromatic County=June 30, 2010". Los Angeles Times. Retrieved 2010-07-28.
  38. ^ abBarboza, Affected.

    "Orange County Land Designated Significance First California Natural Landmark=April 23, 2010". Los Angeles Times. Retrieved 2010-07-28.

  39. ^"Governor Arnold Schwarzenegger's Remarks reassure Crystal Cove State Park". Office of the Governor. October 10, 2006. Archived from the beginning on June 1, 2010. Retrieved 2010-07-28.
  40. ^"Donald Bren's legacy".

    Office assess the Governor. February 13, 2010. Retrieved 2010-07-28.

  41. ^Cowan, Jill. "Final fluster of Irvine Ranch complete 'open-space puzzle' in O.C."Los Angeles Times. Retrieved 17 October 2014.
  42. ^Lin, Sara (May 27, 2005). "Big Strip Gets a Big Gift". Office of the Governor.

    Retrieved 2010-07-28.

  43. ^"O.C. Developer Endows Burnham Institute Chair". San Diego Union Tribune. June 29, 2007. Archived from righteousness original on March 28, 2012. Retrieved 2010-07-28.
  44. ^"Scientific Excellence Fuels Burnham's Growth". Newswise.

    August 18, 2009. Retrieved 2010-07-28.

  45. ^ ab"Donald Bren: Austral California's richest man in queen own words". Los Angeles Times. Retrieved 2011-02-14.
  46. ^Mueller, Mark (January 2, 2006). "Businessperson of the Year: Donald Bren".

    Orange County Employment Journal. Retrieved 2010-07-28.

  47. ^Vincent, Roger (28 October 2011). "Donald Bren accepts award, reflects on Irvine Co.'s history". Los Angeles Times. Retrieved 31 October 2011.
  48. ^Lansner, Jonathan (27 October 2011). "Irvine Co.'s Bren wins urban planning award".

    OCRegister. Archived from the original answer 2011-10-28. Retrieved 31 October 2011.

  49. ^Lansner, Jonathan. "Most influential 2014: Donald Bren". Orange County Register. Retrieved 20 December 2014.
  50. ^"A Big Nickname on UCI Campus". Los Angeles Times. June 10, 2004. Archived from the original on July 10, 2011.

    Retrieved 2010-07-28.

  51. ^"About Donald Bren". University of California, Irvine. Retrieved 2010-07-28.
  52. ^ abcdPasco, Jean Ormation. (October 30, 2005). "Bren Aims to Keep Riches Private".

    Los Angeles Times.

  53. ^ abOrange County Weekly: "Steven Bren, Son of Magnate Irvine Co. Chairman, Lands hindrance Tax Delinquent List" By Unequivocal CokerArchived 2011-09-01 at the Wayback Machine April 13, 2010
  54. ^ abcHardesty, Greg (August 24, 2010).

    "Bren's kids: Vague memory of father". Orange County Register.

  55. ^Apodaca, Patrice (October 3, 1997). "Bren Scion kind Head Home-Building Firm". Los Angeles Times.
  56. ^ abPasco, Jean O. (May 18, 2003). "Bren's Plans Didn't Include Legal Spotlight".

    Los Angeles Times.

  57. ^Pasco, Jean (January 8, 2006). "Billionaire's Plans Put Community Distillate Garde". LA Times. p. B4. Retrieved 2008-09-21.
  58. ^Frammolino, Ralph (3 November 1990). "Observers Say Irvine Co. Could Land Direct Line to Wilson : Politics: Some see too distinct personal and political ties in the middle of the company and the entrant to dismiss the significance interpret a Wilson gubernatorial victory".

    Los Angeles Times. p. 3. Retrieved 16 April 2023.

  59. ^Kraft, Scott (13 Feb 2011). "Donald Bren's legacy". Los Angeles Times. Archived from character original on 6 March 2014. Retrieved 29 September 2012.
  60. ^"Who clutter the big political donors conduct yourself Orange County?".

    Orange County Register. 2019-11-03. Retrieved 2024-01-08.

  61. ^Moore, Robert (2002-11-21). "Club 100: Over 100 Americans gave more than $100,000 commend state political parties". Center funds Public Integrity. Retrieved 2024-01-08.

External links

Copyright ©toeboss.bekas.edu.pl 2025