Marcel Adams

Marcel Adams
Born Marcel Abramovich
1920 (age 96–97)
Nationality Canadian
Occupation businessman
Known for Founder of Iberville Developments
Net worth US$ 1.5 billion (April 2017)[1]
Spouse(s) Annie Adams
Children Julian Adams
Sylvan Adams
Linda Adams Troy
Leora Adams

Marcel Adams (born 1920) is a Canadian real estate investor, billionaire, and Holocaust survivor.[1]

Biography

Adams was born Marcel Abramovich to a Jewish family in Romania in 1920.[1] His father was a tanner.[2] During World War II he was forced to work in Nazi labor camps (1941-1944).[3] He escaped and fled first to Turkey and then to Mandate Palestine where he fought for the independence of Israel.[2] In 1951, he immigrated to Canada where he worked at a Quebec City tannery.[4] In 1955, he began investing in real estate making a 70% profit on his first building.[2] In 1958, he founded Iberville Developments[1] and in 1959, he opened his first mall.[2] Adams is retired and his son, Sylvan Adams, now operates the company.[1][5] As of 2017, Iberville owns and manages a diverse portfolio of over 100 properties consisting of 8 million square feet.[1]

Personal life

In 1953, he married Annie Adams; they have four children: Julian, Sylvan, Linda, and Leora.[2] His son Julian is a biochemist who lead a team that developed the drug Velcade; his son Sylvan runs Iberville;[2] his daughter Linda is a lawyer married to commentator Gil Troy; and his daughter Leora is a nurse.[2] Sylvan is married to English born Margaret Cornwell.

References

  1. 1 2 3 4 5 6 Forbes: The World's Billionaires - Marcel Adams April 2017
  2. 1 2 3 4 5 6 7 The Press Reader: "Billionaire Marcel Adams Cultivates Israeli Brainpower" May 2, 2010
  3. ↑ Financial Post: "93-year-old Canadian real estate mogul makes Forbes billionaires list for first time" by Nicolas Van Praet March 4, 2013
  4. ↑ Canadian Business: "Canada's Richest People 2017 - Marcel Adams" 2017
  5. ↑ Immobilier Commercial" "SYLVAN ADAMS en tête de peloton" volume 7 - numéro 6 - December 7, 2014
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