Marcel Adams Explained
| Marcel Adams |
| Birth Name: | Marcel Abramovich |
| Birth Date: | 2 August 1920 |
| Birth Place: | Piatra Neamț, Romania |
| Death Place: | Montreal, Canada |
| Nationality: | Canadian/Romanian/Israeli |
| Known For: | Founder of Iberville Developments |
| Occupation: | Businessman |
| Children: | 4, including Sylvan Adams |
Marcel Adams (2 August 1920 – 11 August 2020)[1] was a Canadian real estate investor, billionaire, and Holocaust survivor.[2]
Biography
Marcel Abramovich (later Adams) was born to a Jewish family in Romania in 1920. His father was a tanner.[3] During World War II he was forced to work in Nazi labor camps (1941-1944).[4] He escaped and fled first to Turkey and then to Mandatory Palestine where he fought for the independence of Israel. In 1951, he immigrated to Canada where he worked at a Quebec City tannery.[5] In 1955, he began investing in real estate making a 70% profit on his first building. In 1958, he founded Iberville Developments and in 1959, he opened his first mall. Adams retired and his son, Sylvan Adams, operated the company for almost 25 years,[6] before being succeeded by his own son, Josh.[7] As of 2017, Iberville owns and manages a diverse portfolio of over 100 properties consisting of eight million square feet.
Personal life
In 1953, he married Annie Adams; they had four children: Julian, Sylvan, Linda, and Leora. His son Julian is a biochemist who led a team that developed the drug Velcade; his son Sylvan ran Iberville; his daughter Linda is a lawyer married to commentator Gil Troy; and his daughter Leora is a nurse. Annie died in November 1997.[8]
Adams died on August 11, 2020.[9]
Further reading
- Guy Mercier, Frédérik Leclerq, François Roy, Marcel Adams à Quebec. Les destins croisés d'un homme et d'une ville, en Pierre Anctil, Simon Jacobs dir.: Les Juifs de Québec. Quatre cents ans d’histoire. Presses de l'Université du Québec PUQ, Québec 2015, pp 195 – 220 (French)
Notes and References
- Web site: Extraordinara poveste a românului cu 800 de milioane de dolari ascunse în Elveţia. Traseul de la evreul sărac Meir Abramovici la miliardarul Marcel Adams . Florin Jbanca . 18 February 2015 . piatra neamt . ro .
- https://www.forbes.com/profile/marcel-adams/?list=billionaires Forbes: The World's Billionaires - Marcel Adams
- http://www.pressreader.com/israel/jerusalem-post/20100502/282226596935031 The Press Reader: "Billionaire Marcel Adams Cultivates Israeli Brainpower"
- http://business.financialpost.com/news/93-year-old-canadian-real-estate-mogul-makes-forbes-billionaires-list-for-first-time Financial Post: "93-year-old Canadian real estate mogul makes Forbes billionaires list for first time" by Nicolas Van Praet
- http://www.canadianbusiness.com/lists-and-rankings/richest-people/rich-100-marcel-adams/ Canadian Business: "Canada's Richest People 2017 - Marcel Adams"
- Web site: 35. Sylvan Adams . The Jerusalem Post . Greer Fay . Cashman . March 3, 2019 . August 17, 2020.
- https://issuu.com/jbcom/docs/mic_7-6 Immobilier Commercial" "SYLVAN ADAMS en tête de peloton"
- News: Paid Notice: Deaths ADAMS, ANNIE. The New York Times . November 14, 1997. NYTimes.com.
- Web site: Marcel Adams passes away after a hundred years of loving Israel and life . Gil Troy . August 12, 2020 . . August 13, 2020.
