Age, Biography and Wiki

Gerard Cafesjian is an American businessman and philanthropist. He is the founder of the Cafesjian Family Foundation, which supports Armenian causes, and the Cafesjian Museum Foundation, which supports the Cafesjian Center for the Arts in Yerevan, Armenia. Cafesjian was born in Brooklyn, New York, and graduated from Brooklyn College in 1947. He began his career at the Westinghouse Electric Corporation, where he worked for more than 40 years. He retired as the company's vice president of corporate relations in 1989. Cafesjian has been a major donor to Armenian causes, including the Cafesjian Museum Foundation, which supports the Cafesjian Center for the Arts in Yerevan, Armenia. He has also donated to the Armenian General Benevolent Union, the Armenian Assembly of America, and the Armenian National Institute. Cafesjian is estimated to have a net worth of $1.2 billion.

Popular As N/A
Occupation Founder of the Cafesjian Family Foundation
Age 88 years old
Zodiac Sign Taurus
Born 26 April, 1925
Birthday 26 April
Birthplace Brooklyn, New York, United States
Date of death (2013-09-15)
Died Place N/A
Nationality United States

We recommend you to check the complete list of Famous People born on 26 April. He is a member of famous Founder with the age 88 years old group.

Gerard Cafesjian Height, Weight & Measurements

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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

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Gerard Cafesjian Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Gerard Cafesjian worth at the age of 88 years old? Gerard Cafesjian’s income source is mostly from being a successful Founder. He is from United States. We have estimated Gerard Cafesjian'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
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Source of Income Founder

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Timeline

2013

Gerard Cafesjian died on September 15, 2013, at the age of 88. His wife Cleo Cafesjian had died just a few months earlier, on March 7, 2013.

2000

Cafesjian received accolades and recognition from both the U.S. and Armenia institutions, including the Ellis Island Medal of Honor in 2000 and COAF Save a Generation Award in 2010.

Cafesjian completely renovated the Cascade site in downtown Yerevan, Armenia. As of the early 2000s, it was an unfinished and crumbling Soviet structure of epic proportions on a hillside. Following a major reconstruction, the Cascade became the site of the Cafesjian Center for the Arts that opened in 2009. The museum has a sculpture garden with works by Fernando Botero, Lynn Chadwick, Barry Flanagan, François-Xavier Lalanne and Jaume Plensa, among others. Over one million people have visited the Center since its opening.

From 2000 to 2003, Cafesjian assembled a group of properties in Washington, D.C., two blocks from the White House, with the intention to build an Armenian Genocide Museum and Memorial. But due to continuing litigation, the project remains unrealized. Although Cafesjian won the basic lawsuit in January 2011 and was awarded the property, and subsequent motions for new trial were dismissed, the project is still in limbo awaiting the Court to rule on yet another appeal.

1996

Cafesjian retired from West Publishing when it was sold to Thompson Publishing in 1996. As he said publicly, he felt his destiny was to help the country of Armenia, which had gained its independence after hundreds of years of subjugation under various rulers. The time and circumstances and confluence of resources would help him make a difference for the country. After attending to his family needs, he established the Cafesjian Family Foundation. Through the foundation, he devoted more than $128 million to various Armenian projects. His investments included the private Armenia TV and ArmNews television stations, the Cascade financial services group, real estate and a renewable energy company, all eventually sold. Any profits generated were re-invested in Armenia for further development.

1947

Gerard Cafesjian married Cleo Thomas, a nurse he met during World War II, on July 4, 1947, and together they had three children. Gerard's eldest son, Tommy Cafesjian, was a real estate magnate based out of Philadelphia.

1925

Gerard Leon Cafesjian (Armenian: Ջերարդ Լեւոն Գաֆէսճեան, 26 April 1925 – 15 September 2013) was a businessman and philanthropist who founded the Cafesjian Family Foundation (CFF), the Cafesjian Museum Foundation (CMF) and the Cafesjian Center for the Arts.

Cafesjian was born on April 26, 1925, in the Bensonhurst neighborhood of Brooklyn, New York. His parents had immigrated to the United States preceding the Armenian genocide by the Turks.

1895

After amphibious training, he served as a sailor in World War II aboard J. P. Morgan's yacht, the Corsair III, built in 1895 and renamed the USS Oceanographer.The ship did extensive survey work in and around Guadalcanal and other Solomon Islands in 1943 and 1944. He also served aboard the USS Andres (DE45), a destroyer escort for convoys from the United States to North Africa in late 1944 and 1945. When he returned after the war he married Cleo Thomas, a nurse he met during the war. Cafesjian earned a degree in economics from Cornell University and a doctorate of jurisprudence from Columbia Law School, both in five and a half years. He was a member of the New York Bar Association.