Former lawyer cofounded JMB Realty with U. of Illinois roommate 1970. Prospered until early 1990s real estate crash. Didn't give up: founded private equity firm Walton Street Capital 1994. Today JMB... more »
Former lawyer cofounded JMB Realty with U. of Illinois roommate 1970. Prospered until early 1990s real estate crash. Didn't give up: founded private equity firm Walton Street Capital 1994. Today JMB Realty portfolio includes Chicago's Four Seasons Hotel, MGM Tower in Los Angeles. Spent $1 billion building casinos in Mississippi and Canada, developing another in Pittsburgh. Casino valuations languishing as economy tanks. Contemporary art collector donates to Northwestern Hospital, Whitney Museum, Jewish United Fund. « less
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