Al Hoffman, Jr.

Al Hoffman, Jr.
United States Ambassador to Portugal
In office
October 12, 2005  September 15, 2007
President George W. Bush
Preceded by John N. Palmer
Succeeded by Thomas F. Stephenson
Personal details
Nationality American
Residence Palm Beach, Florida
Alma mater United States Military Academy
Harvard Business School

Al Hoffman, Jr. is an American real estate developer and a former Ambassador to Portugal.

Early life

Hoffman was raised on the south side of Chicago, the youngest of seven children. His father, a Jewish Austrian, emigrated to the United States in 1906 and opened a poultry store, while his mother was a Scottish-American immigrant who grew up in Kentucky. Hoffman graduated from Morgan Park Military Academy in 1952, and was accepted to the United States Military Academy that same year. He became a captain in the Air Force, where Hoffman flew F-100s. Instead of continuing his career in the air force, Hoffman attended Harvard Business School, where he became interested in real estate development.[1]

Career

After leaving Harvard, Hoffman got a job for KB Homes, a developer in Detroit, Michigan.[1] Hoffman rose to the rank of executive vice president.[1] In 1967, Hoffman founded his own firm, Tekton Corp, which he sold to another company in 1970.[1] In 1975, Hoffman founded another development company, Florida Design Communities, which bought land from struggling companies.[1] In 1995, Hoffman and Don Ackerman bought Westinghouse Communities, which they renamed to WCI Communities.[1] In 2002, the Washington Post described Hoffman as the most influential developer in the state of Florida.[2] Hoffman's development activities were criticized by many environmentalists.[2] Hoffman sold his stake in WCI in 2005 to become the Ambassador to Portugal, a post he held until 2007.[3] In 2008, Hoffman founded Hoffman Partners, another real estate development company.[3]

Other activities

Hoffman served as co-chair of George W. Bush's 2000 campaign for president, and also served as finance chair of the Republican National Committee and the chairman of Florida Governor Jeb Bush's re-election campaign.[2] Hoffman fundraised for John McCain's 2008 candidacy[3] and Mitt Romney's 2012 candidacy.[4] Hoffman donated $1 million to Right to Rise, a Super PAC supporting Jeb Bush's 2016 presidential candidacy.[5] Hoffman served as chairman of Marco Rubio's successful 2010 Senate candidacy, but tried to dissuade Rubio from running for president in 2016.[6]

In 2010, Hoffman put his $10 million home in Fort Myers, Florida up for auction, and moved to Palm Beach, Florida.[7]

References

  1. 1 2 3 4 5 6 Burns, Susan (September 2010). "Tales of Hoffman". Gulfshore Business. Retrieved 16 October 2015.
  2. 1 2 3 Grunwald, Michael (25 June 2002). "Growing Pains in Southwest Fla.". Washington Post. Retrieved 16 October 2015.
  3. 1 2 3 Roth, Sean (10 July 2008). "Hoffman’s return". Business Observer. Retrieved 16 October 2015.
  4. Trischitta, Linda (20 September 2012). "Romney returns to Palm Beach County for fundraisers". Sun Sentinel. Retrieved 16 October 2015.
  5. "Million-Dollar Donors in the 2016 Presidential Race". New York Times. 25 August 2015. Retrieved 16 October 2015.
  6. King, Ledyard (12 April 2015). "Florida GOP begins choosing sides in Bush vs. Rubio". USA Today. Retrieved 16 October 2015.
  7. Layden, Laura (1 February 2010). "Al Hoffman's 7 bedroom, 7-plus bath mansion in south Fort Myers will go to the highest bidder". Naples Daily News. Retrieved 16 October 2015.
This article is issued from Wikipedia - version of the Wednesday, December 23, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.