Sanford Diller

Sanford Diller
Born 1927 (age 89–90)
Residence Woodside, California
Nationality United States
Education B.A. University of California, Berkeley
J.D. Hastings College of the Law
Occupation real estate developer
Known for founder of Prometheus Real Estate Group
Net worth Increase US$ 1.3 billion (September 2014) [1]
Spouse(s) Helen Samuels
Children Brad Diller
Ron Diller
Jackie Diller Salfier

Sanford Diller (born 1927) is an American billionaire and founder of Prometheus Real Estate Group.[2]

Biography

The son of Jewish immigrants from Austria who had settled in San Francisco, Diller graduated from the University of California, Berkeley[3] and then graduated with a J.D. from the Hastings College of the Law.[4] After law school, Diller began acquiring and developing real estate in the mid-1960s.[2] In 1965, he founded the Prometheus Real Estate Group.[2] Prometheus grew to become the San Francisco Bay area's largest closely held owner of apartments with over 11,000 owned units and is valued at $2.3 billion.[2] Prometheus is owned by Diller and his wife through a revocable trust.[2]

Philanthropy

In 2002, the Helen Diller Family Program in Jewish Studies donated $5 million to establish an endowment for a visiting Israeli scholar at the Center for Middle Eastern Studies at UC Berkeley.[5] In 2003, the Dillers donated $35 million to fund The Helen Diller Family Comprehensive Care Center at the UC San Francisco complex on the biomedical campus of Mission Bay.[4] Since 1999, the Dillers have donated $200 million via their family foundation named after his wife, The Helen Diller Family Foundation. Other major gifts have funded Jewish studies programs at UC Berkeley and UC Santa Cruz, the renovation of the Julius Kahn playground at the Presidio, and a new preschool in the San Francisco Jewish Community Center.[4][6][7] Since 2007, the Diller Teen Tikkun Olam Awards have recognized Californian Jewish teens who are outstanding role models in their communities.[3]

Personal life

In 1951, Diller married Helen Samuels (born 1928), the daughter of Jewish immigrants from Poland, and fellow University of California, Berkeley graduate who he met in college.[4] Her father was a clothing salesman and shop owner.[4] They have three children: Brad Diller, Ron Diller, and Jackie Safier,[3] president of Prometheus.[2] The Dillers live in Woodside, California.[4]

References

  1. ↑ http://www.forbes.com/profile/sanford-diller/
  2. 1 2 3 4 5 6 Bloomberg: "Prometheus Billionaire Emerges With San Francisco Rentals" By Caleb Melby September 18, 2014
  3. 1 2 3 JWeekly: "Charitable Giving: Philanthropist Helen Diller fulfilling lifelong dream to inspire and help others" by renee ghert-zand November 8, 2012
  4. 1 2 3 4 5 6 San Francisco gate: "Helen, Sanford Diller fund UCSF cancer center" by Julian Guthrie June 1, 2009
  5. ↑ San Francisco Chronicle: "Diller family foundation keeps out of spotlight" by George Raine October 28, 2003
  6. ↑ The Tablet Magazine: "Academic Question - San Francisco’s Federation puts new restrictions on its grants, worrying Bay Area Jewish-studies profs" by Marissa Brostoff May 6, 2010
  7. ↑ USC: "Helen and Sanford Diller Family Endowment for Jewish Studies" retrieved September 18, 2014
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