Age, Biography and Wiki
Sy Syms was an American businessman and philanthropist. He was the founder and CEO of the discount clothing chain Syms Corporation, which he founded in 1959. He was known for his catchphrase, "An educated consumer is our best customer."
Sy Syms was born in Brooklyn, New York, on May 12, 1926. He attended Brooklyn College and graduated with a degree in business administration. After college, he worked as a salesman for a clothing company before founding his own business.
Sy Syms founded Syms Corporation in 1959. The company specialized in discount clothing and was known for its slogan, "An educated consumer is our best customer." Syms Corporation grew to become one of the largest discount clothing chains in the United States.
Sy Syms was also a philanthropist. He donated millions of dollars to various charities and organizations, including the Sy Syms Foundation, which he founded in 1988. The foundation supports education, health care, and other causes.
Sy Syms passed away on November 17, 2009, at the age of 83. He was survived by his wife, two sons, and two daughters.
| Popular As |
Seymour Merinsky |
| Occupation |
N/A |
| Age |
83 years old |
| Zodiac Sign |
Taurus |
| Born |
12 May, 1926 |
| Birthday |
12 May |
| Birthplace |
Brooklyn, New York, US |
| Date of death |
(2009-11-17) Manhattan, New York, US |
| Died Place |
Manhattan, New York, US |
| Nationality |
United States |
We recommend you to check the complete list of Famous People born on 12 May.
He is a member of famous businessperson with the age 83 years old group.
Sy Syms Height, Weight & Measurements
At 83 years old, Sy Syms height not available right now. We will update Sy Syms'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 |
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Not Available |
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Not Available |
Who Is Sy Syms's Wife?
His wife is Ruth Glickman Merns (divorced) Lynn Tamarkin
| Family |
| Parents |
Not Available |
| Wife |
Ruth Glickman Merns (divorced) Lynn Tamarkin |
| Sibling |
Not Available |
| Children |
6 and 2 stepchildren |
Sy Syms Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Sy Syms worth at the age of 83 years old? Sy Syms’s income source is mostly from being a successful businessperson. He is from United States. We have estimated
Sy Syms'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 |
businessperson |
Sy Syms Social Network
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Timeline
The company slowly expanded during the 1960s and 1970s. By 1983, Syms had taken the company public with an initial public offering and expanded the chain to include eleven retail locations. At its height, the chain had 48 locations in thirteen states. On November 2, 2011, Syms Corp. and its subsidiary Filene's Basement, filed for Chapter 11 bankruptcy protection after more than a half a century in the clothing business.
Sy Syms remained the company's CEO until his retirement in 1998, when he was succeeded by his daughter, Marcy Syms. He remained the company's chairman until he died of heart failure at his home in Manhattan, New York City, on November 17, 2009.
His first marriage, to Ruth Glickman Merns, ended in divorce. They had six children: Marcy, Robert, Richard, Laura, Stephen (died in 1998), and Adrienne (died in 1999). His second wife was Lynn Tamarkin, by whom he had two step-children, Cary Tamarkin and Leslie Tamarkin. Funeral services were held at Temple Emanu-El in Manhattan.
Marcy Syms was instrumental in developing many of the grant-relationships made possible by her late father's generosity, and is a founding trustee of the foundation, elected to the role of president in 1997. The foundation has its offices in Fort Lee, New Jersey.
The non-profit Sy Syms Foundation was founded by Syms in 1985 with his personal funds, to support education. It has given away over $30,000,000 and has contributed toward the continued growth of many institutions of higher learning including the Syms School of Business at Yeshiva University, and many organizations which provide funding for education.
He initially began a career as a sportscaster and reporter in Maryland and West Virginia. However, in 1950 Syms returned to New York City in order to work at the family's store. In 1959, Syms opened a men's clothing store on nearby Cortlandt Street in New York City's Financial District. The store, which was initially named Sy Merns, competed directly with his family's original store on Vesey Street. However, he was forced to change the store's name to simply SYMS, after legal action was taken against him. He later had his name legally changed to Sy Syms to match the store.
Sy Syms (May 12, 1926 – November 17, 2009) was an American businessman, entrepreneur and philanthropist, who founded the SYMS off-price clothing chain in New York City in 1959.
Syms was born Seymour Merinsky on May 12, 1926, in Brooklyn, New York. He was the youngest of eight children of Jewish parents who had emigrated from Russia. His family decided to change their surname from "Merinsky" to "Merns" when his father and elder brother George opened a store on Vesey Street in Lower Manhattan. Syms went to Midwood High School in Brooklyn. After serving in the United States Army, he attended New York University on the G.I. Bill.
