Age, Biography and Wiki
Bernard L. Schwartz is an American businessman and philanthropist. He is the founder and chairman of BLS Investments, a private investment firm. He is also the former chairman and CEO of Loral Space & Communications, a satellite communications company.
Schwartz was born in Brooklyn, New York, and graduated from Brooklyn College in 1947. He then attended New York University School of Law, graduating in 1950. After law school, he joined the law firm of Rosenman, Colin, Kaye, Petschek, and Freund, where he worked until 1957.
In 1957, Schwartz founded Loral Corporation, a defense electronics company. He served as chairman and CEO of the company until 1997, when it merged with Lockheed Martin. In 1997, he founded BLS Investments, a private investment firm.
Schwartz is a major philanthropist, having donated millions of dollars to various causes. He is a major donor to the Democratic Party, and has served on the board of the Center for American Progress. He is also a major donor to the New York University School of Law, and has endowed the Bernard L. Schwartz Chair in Law at the school.
| Popular As |
Bernard Leon Schwartz |
| Occupation |
Businessman |
| Age |
98 years old |
| Zodiac Sign |
Sagittarius |
| Born |
13 December 1925 |
| Birthday |
13 December |
| Birthplace |
New York City, U.S. |
| Nationality |
United States |
We recommend you to check the complete list of Famous People born on 13 December.
He is a member of famous Chairman with the age 98 years old group.
Bernard L. Schwartz Height, Weight & Measurements
At 98 years old, Bernard L. Schwartz height not available right now. We will update Bernard L. Schwartz's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Bernard L. Schwartz's Wife?
His wife is Irene Zanderer
Denise Jansen
| Family |
| Parents |
Not Available |
| Wife |
Irene Zanderer
Denise Jansen |
| Sibling |
Not Available |
| Children |
2 |
Bernard L. Schwartz Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Bernard L. Schwartz worth at the age of 98 years old? Bernard L. Schwartz’s income source is mostly from being a successful Chairman. He is from United States. We have estimated
Bernard L. Schwartz's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Chairman |
Bernard L. Schwartz Social Network
| Instagram |
|
| Linkedin |
|
| Twitter |
|
| Facebook |
|
| Wikipedia |
|
| Imdb |
|
Timeline
In 2016, Schwartz donated US$1 million to Priorities USA Action, a Super PAC supporting Democratic presidential candidate Hillary Clinton. Schwartz is also in the $5 million - $10 million bracket of donors to the Clinton Foundation.
Schwartz was married to the former Irene Zanderer and lives in New York City; she died in 2014. They had two daughters. He remarried to Denise Jansen. Schwartz was a member of the United Jewish Appeal Federations's real estate committee.
In 2002, the Bernard L. Schwartz Senior Fellowship in Business and Foreign Policy was established at the Council on Foreign Relations with a gift from the Bernard and Irene Schwartz Foundation. The fellowship was created to focus on the global integration of financial markets and its implications for U.S. economic and foreign policy. Schwartz did not actually become a member of the Council on Foreign Relations until 2003, the following year.
In 2002, he and his wife donated $5 million to Baruch College.
Schwartz is a lifelong Democrat. According to NBC News, he was the largest single contributor to the Democratic Party from 1992 to 1996. In 1996, he celebrated his 71st birthday with Bill and Hillary Clinton at the White House. In 1998 Schwartz became embroiled in a campaign donations scandal and an alleged transfer of missile technology to China that occurred in 1996. He was exonerated of any wrongdoing in the campaign finance matter after a Justice Department investigation. Loral settled the missile transfer matter with the Justice Department in 2002, paying a $14 million fine and admitting no wrongdoing.
Schwartz was born in Brooklyn, New York. and grew up in the Bensonhurst neighborhood of Brooklyn. He is Jewish. Schwartz graduated from Townsend Harris High School in NYC. He holds a B.S. in finance and an honorary doctorate of science from City University of New York. He is a World War II veteran, having served in the US Army Air Corps. After school, he worked as an accountant eventually becoming a partner at a Wall Street firm. He then went on to serve as a vice president of American President Lines and then president of Reliance Insurance Co. (formerly Leasco) for four years. In 1972, he bought a 12% stake in Loral Corporation, a New York Stock Exchange-listed manufacturer of satellites and satellite systems, where he served as its Chairman and CEO for 34 years.
Bernard Leon Schwartz (born December 13, 1925) is the former Chairman of the Board and CEO of Loral Space & Communications, a position he held for 34 years. He also served as Chairman and CEO of K&F Industries, Inc., and president and CEO of Globalstar Telecommunications. He retired from Loral and his positions at its various subsidiaries and affiliates as of March 1, 2006. He is currently the Chairman and CEO of BLS Investments, his own investment firm located in Manhattan.
