Albert Reichmann (; January 18, 1929 – December 17, 2022) was a Canadian businessman. He was one of five brothers who controlled the Reichmann business empire. Together with his wife Egosah they had four children, Philip, David, Bernice and Libby. The Reichmann family is listed as one of Canada's 100 richest families.

Early life

Albert Reichmann was born in

Vienna Vienna ( ; ; ) is the capital city, capital, List of largest cities in Austria, most populous city, and one of Federal states of Austria, nine federal states of Austria. It is Austria's primate city, with just over two million inhabitants. ...

, Austria to Orthodox Jewish parents. He was one of six siblings. The family escaped

Nazi Nazism (), formally named National Socialism (NS; , ), is the far-right politics, far-right Totalitarianism, totalitarian socio-political ideology and practices associated with Adolf Hitler and the Nazi Party (NSDAP) in Germany. During H ...

occupied Austria and

Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of ci ...

Career

Reichmann joined his younger brothers

Paul Paul may refer to: People * Paul (given name), a given name, including a list of people * Paul (surname), a list of people * Paul the Apostle, an apostle who wrote many of the books of the New Testament * Ray Hildebrand, half of the singing duo ...

and Ralph Reichmann, who had set up business in

Toronto Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...

. Paul was the president of their company,

Olympia and York Olympia & York (also spelled as Olympia and York, abbreviated as O&Y) was a major international property development firm based in Toronto, Ontario, Canada. The firm built major financial office complexes including Canary Wharf in London, the W ...

, in 1989 worth 8.4 billion dollars. Albert served in a secondary role as chairman of the company, but was most known for his

philanthropic Philanthropy is a form of altruism that consists of "private initiatives for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material ...

work. In the late 1980s while Paul was devoting his time to the

Canary Wharf Canary Wharf is a financial area of London, England, located in the Isle of Dogs in the London Borough of Tower Hamlets. The Greater London Authority defines it as part of London's central business district, alongside Central London. Alongside ...

project, Albert became closely involved in the cause of the Jews in the Soviet Union. He used his money and influence in an effort to enable their emigration to Israel. In 1993, it was reported that he lobbied congress about Libya and Israel. His endowment is based in Brooklyn, New York. His son, Philip Reichmann, was born in 1958. He managed O & Y Properties Incorporation before it was sold to Brookfield in 2005. Reichmann was also an investor in ImageSat, who sued the company.

Death

Albert Reichman died in

Toronto, Ontario Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...

, Canada on December 17, 2022, at the age of 93.

References

External links

"Reichmann Family", ''Business Week''

Albert Albert may refer to: Companies * Albert Computers, Inc., a computer manufacturer in the 1980s * Albert Czech Republic, a supermarket chain in the Czech Republic * Albert Heijn, a supermarket chain in the Netherlands * Albert Market, a street mar ...

1929 births 2022 deaths Canadian construction businesspeople Canadian expatriates in the United States Canadian Orthodox Jews Canadian people of Austrian-Jewish descent Canadian people of Hungarian-Jewish descent Canadian businesspeople in real estate People from Miami Beach, Florida Canadian chairpersons of corporations {{Canada-business-bio-stub