Bernard Gerald Cantor (December 17, 1916 – July 3, 1996) was the founder and chairman of
securities
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any for ...
firm
Cantor Fitzgerald.
Career
Cantor's parents were Rose (née Delson) and Julius Cantor, Jewish immigrants from
Belarus
Belarus, officially the Republic of Belarus, is a landlocked country in Eastern Europe. It is bordered by Russia to the east and northeast, Ukraine to the south, Poland to the west, and Lithuania and Latvia to the northwest. Belarus spans an a ...
. Born in
the Bronx
The Bronx ( ) is the northernmost of the five Boroughs of New York City, boroughs of New York City, coextensive with Bronx County, in the U.S. state of New York (state), New York. It shares a land border with Westchester County, New York, West ...
on December 17, 1916, Cantor attended
DeWitt Clinton High School
DeWitt Clinton High School is a public high school located since 1929 in the Bronx borough of New York City. Opened in 1897 in Lower Manhattan as an all-boys school, it maintained that status for 86 years before becoming co-ed in 1983. From i ...
. He and his first wife, Leona (deceased) had one son, Jay, who chose not to follow his father into the financial world.
Cantor studied law and finance at
New York University
New York University (NYU) is a private university, private research university in New York City, New York, United States. Chartered in 1831 by the New York State Legislature, NYU was founded in 1832 by Albert Gallatin as a Nondenominational ...
between 1935 and 1937 and soon afterwards became a securities analyst on Wall Street. After serving in the army in the South Pacific during the Second World War, he established B.G. Cantor and Company, which would later become Cantor Fitzgerald
[Edward Helmore (July 13, 1996)]
Obituary: Gerald Cantor
''The Independent
''The Independent'' is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the ''Indy'', it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was publis ...
''. L.P., a New York City-based partnership that was among the biggest institutional brokers of Government securities in the United States. He stepped down in December 1995 because of declining health. He was also a co-owner of the
Kansas City Kings
The Sacramento Kings are an American professional basketball team based in Sacramento, California. The Kings compete in the National Basketball Association (NBA) as a member of the Pacific Division (NBA), Pacific Division of the Western Confere ...
of the
National Basketball Association
The National Basketball Association (NBA) is a professional basketball league in North America composed of 30 teams (29 in the United States and 1 in Canada). The NBA is one of the major professional sports leagues in the United States and Ca ...
for a time.
[Eric Pace (July 6, 1996)]
B. Gerald Cantor, Philanthropist and Owner of Rodin Collection, Is Dead at 79
''The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
''.
Art collection
After he married
Iris Bazel in 1977 the couple became among the most important benefactors of fine art in New York through the founding of the Iris and B. Gerald Cantor Foundation.
[ During his life, along with his wife, Cantor assembled the world's largest private collection of works by ]Auguste Rodin
François Auguste René Rodin (; ; 12 November 184017 November 1917) was a French sculptor generally considered the founder of modern sculpture. He was schooled traditionally and took a craftsman-like approach to his work. Rodin possessed a u ...
. Between 1981 and 1984, part of the Cantor Rodin collection was displayed in a private museum beside Cantor's 105th-floor offices in the World Trade Center.[ Much of the collection was donated to over 70 art institutions worldwide, such as the ]Los Angeles County Museum of Art
The Los Angeles County Museum of Art (LACMA) is an art museum located on Wilshire Boulevard in the Miracle Mile vicinity of Los Angeles. LACMA is on Museum Row, adjacent to the La Brea Tar Pits (George C. Page Museum).
LACMA was founded in 1961 ...
and the Iris & B. Gerald Cantor Center for Visual Arts at Stanford University
Leland Stanford Junior University, commonly referred to as Stanford University, is a Private university, private research university in Stanford, California, United States. It was founded in 1885 by railroad magnate Leland Stanford (the eighth ...
.[Haven, Cynthia]
"Passion for Rodin"
''Stanford Report'', February 18, 2009. Accessed October 3, 2009. From 1984 to 1987, the Cantors gave 58 Rodins and the money to install them in the Iris and B. Gerald Cantor Gallery at the Brooklyn Museum of Art
The Brooklyn Museum is an art museum in the New York City borough (New York City), borough of Brooklyn. At , the museum is New York City's second largest and contains an art collection with around 500,000 objects. Located near the Prospect Heig ...
.[ The Cantors underwrote many art exhibitions and endowed galleries at the ]Metropolitan Museum of Art
The Metropolitan Museum of Art, colloquially referred to as the Met, is an Encyclopedic museum, encyclopedic art museum in New York City. By floor area, it is the List of largest museums, third-largest museum in the world and the List of larg ...
, including the popular Iris and B. Gerald Cantor Roof Garden, as well as a sculpture garden and his namesake museum at Stanford. According to the foundation, the total number of Rodin sculptures in the private Cantor collection was about 300, and that the total number of Rodin sculptures that had been given away by the Cantors or the foundation over the years was more than 450.[
The Iris and B. Gerald Cantor Foundation continues to underwrite exhibitions. In 1997, the ]Morris Museum
Actively running since 1913, the Morris Museum is the second-largest museum in New Jersey at . The museum is fully accredited by the American Alliance of Museums.
Museum history
1913–1957: early years
The Morris Children's Museum was found ...
, Morristown, showed "Focus on Rodin: Selections From the Iris and B. Gerald Cantor Collection". "Rodin at Rockefeller Center: Sculpture from the Iris & B. Gerald Cantor Foundation" was mounted at the Rockefeller Center
Rockefeller Center is a complex of 19 commerce, commercial buildings covering between 48th Street (Manhattan), 48th Street and 51st Street (Manhattan), 51st Street in the Midtown Manhattan neighborhood of New York City. The 14 original Art De ...
, New York, in 1998. Later, the exhibition "Rodin: A Magnificent Obsession" was organized and toured internationally by the foundation, travelling, among others, to Louisiana State University
Louisiana State University and Agricultural and Mechanical College, commonly referred to as Louisiana State University (LSU), is an American Public university, public Land-grant university, land-grant research university in Baton Rouge, Louis ...
, Baton Rouge; Albany Institute of History & Art, Albany; Albright-Knox Art Gallery
The Buffalo AKG Art Museum, formerly known as the Albright–Knox Art Gallery, is an art museum located adjacent to Delaware Park, Buffalo, New York, United States.
The museum shows modern art and contemporary art. It is directly opposite Buff ...
, Buffalo; and the Vancouver Art Gallery
The Vancouver Art Gallery (VAG) is an art museum in Vancouver, British Columbia, Canada. The museum occupies a adjacent to Robson Square in downtown Vancouver, making it the largest art museum in Western Canada by building size. Designed by Fr ...
.
Cantor was a trustee of the Metropolitan Museum from 1985 to 1990. In later years, he was an honorary trustee and a member of the visiting committee for the museum's department of European sculpture and decorative arts. He was also a life trustee of the Los Angeles County Museum of Art from 1972 to 1985 and subsequently an honorary trustee.[
Cantor was a patron of 20th Century Surrealist Raymond A. Whyte and had five of his works displayed in the Cantor-Fitzgerald offices during the September 11th terrorist attacks.
]
Philanthropy
Cantor has donated to the College of the Holy Cross
The College of the Holy Cross is a private Jesuit liberal arts college in Worcester, Massachusetts, United States. It was founded by educators Benedict Joseph Fenwick and Thomas F. Mulledy in 1843 under the auspices of the Society of Jesus. ...
in Worcester, Mass., the UCLA Anderson School of Management
The John E. Anderson Graduate School of Management (branded as UCLA Anderson) is the graduate business school at the University of California, Los Angeles. The school offers MBA (full-time, part-time, executive), Post Graduate Program for Executi ...
, and Cornell University
Cornell University is a Private university, private Ivy League research university based in Ithaca, New York, United States. The university was co-founded by American philanthropist Ezra Cornell and historian and educator Andrew Dickson W ...
.
When the White House
The White House is the official residence and workplace of the president of the United States. Located at 1600 Pennsylvania Avenue Northwest (Washington, D.C.), NW in Washington, D.C., it has served as the residence of every U.S. president ...
unveiled the redecorated Oval Office
The Oval Office is the formal working space of the president of the United States. Part of the Executive Office of the President of the United States, it is in the West Wing of the White House, in Washington, D.C.
The oval room has three lar ...
in 1993, it displayed a bronze cast of Rodin's "Thinker," which President Clinton had personally arranged to borrow from the Cantor collection.[ The Cantors also financed a sculpture garden at the White House in 1994. In 1995, he and his wife were awarded the ]National Medal of Arts
The National Medal of Arts is an award and title created by the United States Congress in 1984, for the purpose of honoring artists and Patronage, patrons of the arts. A prestigious American honor, it is the highest honor given to artists and ar ...
.Lifetime Honors - National Medal of Arts
References
External links
from The Iris & B. Gerald Cantor Foundation
BGCpartners.com: B. Gerald Cantor Partners history
The Metropolitan Museum of Art.org: "Rodin: The B. Gerald Cantor Collection"
— ''exhibition catalog, full text''.
{{DEFAULTSORT:Cantor, B. Gerald
American financial company founders
American investment bankers
American art collectors
Philanthropists from New York (state)
1916 births
1996 deaths
United States National Medal of Arts recipients
Businesspeople from Los Angeles
Philanthropists from California
DeWitt Clinton High School alumni
New York University School of Law alumni
New York University Stern School of Business alumni
American people of Belarusian-Jewish descent
People from Bel Air, Los Angeles
Businesspeople from the Bronx
United States Army personnel of World War II
20th-century American businesspeople
Military personnel from New York City
Cantor Fitzgerald people
Kansas City Kings owners