Adolf Alfred Taubman was an American entrepreneur and philanthropist known for conceptualizing the modern shopping malls
@Entrepreneurs, Birthday and Childhood
Adolf Alfred Taubman was an American entrepreneur and philanthropist known for conceptualizing the modern shopping malls
A. Alfred Taubman born at
In 1948, he married his college lover, Reva Kolodney. They were blessed with three children; Gayle Taubman, Robert Taubman and William Taubman. But the couple got divorced in 1977, after 29 years of their marriage.
In 1982, he married Judith Mazor Rounick, the Miss Israel of 1962. She was formerly married to Herbert Rounick, a cloth manufacturer with whom she had two children, Christopher Rounick and Tiffany Rounick.
He died of a heart attack on April 17, 2015, at the age of 91, in Bloomfield Hills, Michigan
He was born on January 31, 1924 in Pontiac, Michigan to Philip Taubman, a fruit farmer in the Wilson Foundry Company and his wife, Fannie Taubman. His mother was his father’s second cousin.
He was one of the four siblings. He had a sister, Goldye Taubman and two brothers, Samuel Taubman and Lester Taubman.
His parents were Jewish immigrants, who arrived in U.S from Białystok, Poland. They were ghastly affected by the Depression of the 1930s and lost everything in it.
He started working at the age of eleven in a departmental store after school hours. After graduating from high school, he attended the University of Michigan in Ann Arbor.
His studies at the university were interrupted by the breakout of World War II and he joined the military service to serve his country. He got enlisted in the Army and served with the Thirteenth Air Force in the Pacific theater.
In 1950, he started his own real estate development company, the Taubman Company. His first project was designing a freestanding bridal shop in Detroit and the company soon flourished and they started working on larger retail projects and hotels.
In mid-1950s, the company developed two strip shopping centers in Michigan. In 1959, the company began the development of Arborland Center in Michigan, its first large shopping center project. It opened in 1961 and the company has continued to develop high-end shopping centers ever since.
In 1982, he bought the A&W Restaurants franchise from United Brands. In 1983, he took over the international auction house, Sotheby's, to revive it from the shackles of losses.
In early 2000s, his company Sotheby’s was accused of price fixing with rival auction house, Christie’s, and he was imprisoned for 10 months for anti-trust violations. He was released in 2003.
He had served on the board of directors of a number of major corporations, including United Brands, Getty Oil Company, Manufacturers Bank of Detroit, Chase Manhattan Bank, and R.H. Macy Company in his lifetime.
He was on the list of Forbes 400 Richest Americans for two decades.
He received honorary degrees from the University of Michigan, Eastern Michigan University, Lawrence Technological University, Michigan State University, Northern Michigan University, Ferris State University and the College for Creative Studies.
He had received many awards and citations, including the ‘Urban Land Institute Lifetime Achievement Award’, ‘Detroit Institute of Arts Lifetime Service Award’, ‘Harvard Business School Club of Detroit Business Statesman Award’ and the award for the ‘Detroit News Michiganian of the Year’.