Albert Reichmann ( he, אלברט רייכמן; 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

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

Nazi Nazism ( ; german: Nazismus), the common name in English for National Socialism (german: Nationalsozialismus, ), is the far-right politics, far-right Totalitarianism, totalitarian political ideology and practices associated with Adolf Hit ...

occupied Austria and

Paris Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. ...

Career

Reichmann joined his younger brothers

Paul Paul may refer to: *Paul (given name), a given name (includes a list of people with that name) * Paul (surname), a list of people People Christianity * Paul the Apostle (AD c.5–c.64/65), also known as Saul of Tarsus or Saint Paul, early Chr ...

and Ralph Reichmann, who had set up business in

Toronto Toronto ( ; or ) is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the List of the largest municipalities in Canada by population, most pop ...

. 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, Canada. The firm built major financial office complexes including Canary Wharf in London, the World Finan ...

, 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 an area of London, England, located near the Isle of Dogs in the London Borough of Tower Hamlets. Canary Wharf is defined by the Greater London Authority as being part of London's central business district, alongside Central ...

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 Brookfield may refer to: Australia *Brookfield, Queensland, a suburb of Brisbane *Brookfield, Victoria Canada * Brookfield, Manitoba, on Manitoba Highway 11 *Brookfield, Newfoundland and Labrador *Brookfield, Nova Scotia *Brookfield, Ontario ...

in 2005. Reichmann was also an investor in ImageSat, who sued the company.

Death

Albert Reichman died in

Toronto, Ontario Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the ancho ...

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

References

External links

"Reichmann Family", ''Business Week''
Albert 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 real estate businesspeople People from Miami Beach, Florida Canadian chairpersons of corporations {{Canada-business-bio-stub