Robert A. Belfer
Robert A. Belfer | |
|---|---|
| Born | Robert Alexander Belfer 1935 (age 88–89) |
| Nationality | American |
| Education | Columbia University (BA) Harvard University (JD) |
| Known for | Director of Enron Endowing the Belfer Center for Science and International Affairs |
| Children | 3 |
| Parent |
|
| Relatives | Peter L. Malkin (co-fathers-in-law) |
Robert Alexander Belfer (born 1935)[1] is an American businessman and philanthropist who is known for his stake in Enron and is the namesake of Belfer Center for Science and International Affairs at Harvard Kennedy School.
Early life and education
[edit]Belfer is the son of American oil industry executive and multimillionaire Arthur Belfer, founder of the Belco Petroleum Corporation, which became a Fortune 500 company.[2] Robert Belfer was born in Kraków, Poland in 1935 and graduated from Columbia College in 1955 and Harvard Law School in 1958.[3]
Career
[edit]After completing law school, Belfer joined the Belco Petroleum Corp. He was elected president in 1960 and was named its chairman in 1985. The company subsequently merged into the Omaha, Nebraska-based InterNorth, Inc., a predecessor to Enron.[4][5][6] Belfer was on the Enron board of directors and not involved in the operations of the company.[6][7] Belfer resigned from the board in June 2002.[8] He was estimated to have held more than 16 million shares in the company which earned him a spot on the Forbes 400.[6][9][10]
Nevertheless, prior to the Enron collapse, he had diversified into New York City real estate and founded a second energy company, Belco Oil & Gas Corp., in 1992.[5][6] The company went public in 1996 through Goldman Sachs, raising more than $100 million.[5] It was acquired by a Denver-based oil company in 2001.[11]
Philanthropy
[edit]In addition to his business ventures, Belfer is well known for his philanthropic endeavors. He is a major donor to the Metropolitan Museum of Art, where he founded the Robert and Renée Belfer Court for early Greek and prehistoric art in 1996.[12] He also gave generously to John F. Kennedy School of Government, which named Belfer Center for Science and International Affairs after him in 1997.[13] He also donated to Weizmann Institute of Science as well as the Israel Museum.[14][15]
His philanthropic activities have focused on medical institutions. He donated to Yeshiva University, whose tallest building, Belfer Hall, was named after his family, and served as the chair of the board of overseers of the Albert Einstein College of Medicine.[16][17] He also served on the board of Weill Cornell Graduate School of Medical Sciences, to which he donated $250 million over the years.[18] The school's $100 million Belfer Research Building, dedicated in 2014, is named after him.[6][19] Belfer sat on the board of directors of Dana–Farber Cancer Institute and donated $25 million to found the Robert A. and Renée E. Belfer Center for Applied Cancer Science.[20]
He also was the founding donor for the Neurodegeneration Consortium, a multi-institutional collaboration to find treatments for Alzheimer's disease, which is based out of MD Anderson Cancer Center.[21] Belfer has also supported the Aging Brain Initiative, an interdisciplinary research effort within the Picower Institute for Learning and Memory at MIT.[22]
Belfer endowed a professorship at Columbia University, the Robert and Renee Belfer Professor of International Relations, which is held by the political scientist Jack Snyder.[23] He also supported the ADL Center for Technology and Society and its launch of the Belfer Fellows program, which brings awareness to online hate speech and harassment and works to promote equitable online spaces.[24]
Personal life
[edit]He is married to Renée E Belfer, and the couple has three children and five grandchildren.[25] His daughter, Shelly Belfer, is married to Anthony Malkin, son of Empire State Building owner and lawyer Peter L. Malkin and grandson of Lawrence Wien.[26][27]
References
[edit]- ^ "Oral history interview with Robert A. Belfer - Collections Search - United States Holocaust Memorial Museum". collections.ushmm.org. Retrieved 2020-07-04.
- ^ "The Forbes 400 : Walton Tops List of Richest Americans". Los Angeles Times. 1985-10-15. Retrieved 2020-05-26.
- ^ "Robert Belfer". Belfer Center for Science and International Affairs. 14 March 2018. Retrieved 2020-05-26.
- ^ Bradley, Robert L. (2018). Enron ascending the forgotten years, 1984-1996. John Wiley & Sons, Inc. ISBN 978-1-118-54957-5. OCLC 1153052489.
- ^ a b c Eaton, Leslie; Fabrikant, Geraldine (2001-12-05). "ENRON'S COLLAPSE: THE LOSERS; With a Billion in Enron's Stock, Rich Wallet Is Suddenly Lighter". The New York Times. ISSN 0362-4331. Retrieved 2020-05-26.
- ^ a b c d e Durgy, Edwin. "Weill Cornell Medical College Unveils $100 Million Mystery Donor". Forbes. Retrieved 2020-05-26.
- ^ Johnson, Carrie (2002-05-07). "A Director's Change of Fortune". Washington Post. ISSN 0190-8286. Retrieved 2020-05-26.
- ^ Kathryn, Kranhold (2002-06-07). "Last Four Holdover Members Resign From Enron's Board". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-05-26.
- ^ Journal, Mitchell Pacelle and Cassell Bryan-LowStaff Reporters of The Wall Street (2001-12-05). "Belfer Family Is Big Loser In Collapse of Enron Stock". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-05-26.
- ^ Greenberg, Duncan. "Riches-To-Rags Billionaires". Forbes. Retrieved 2020-05-26.
- ^ "Denver's Westport Resources buying Belco Oil & Gas for $922 million". www.ogj.com. 11 June 2001. Retrieved 2020-05-26.
- ^ "Greek and Roman Art". The Metropolitan Museum of Art. Retrieved 2020-05-26.
- ^ "Kennedy School's Belfer Center Receives $15 Million | News | The Harvard Crimson". www.thecrimson.com. Retrieved 2020-05-26.
- ^ ULA ILNYTZKY (21 February 2015). "N.Y. antiquities collection donated to Israel Museum". Post and Courier. Associated Press. Retrieved 2020-05-26.
- ^ "Supporters | Arthur and Rochelle Belfer Institute". centers.weizmann.ac.il. 12 July 2017. Retrieved 2020-05-26.
- ^ "Robert A. Belfer, Founder of Belco Oil & Gas Corp., Elected Chairperson of Albert Einstein College of Medicine's Board of Overseers". Albert Einstein College of Medicine. Retrieved 2020-05-26.
- ^ "Belfer Hall, New York City | 133505 | EMPORIS". www.emporis.com. Archived from the original on June 18, 2021. Retrieved 2020-05-26.
- ^ "Robert and Renee Belfer: Donor Grants". Inside Philanthropy. Retrieved 2020-05-26.
- ^ "Weill Cornell Opens Its Transformative Belfer Research Building, Empowering Scientists to Speed Discoveries to Patients". WCM Newsroom. Retrieved 2020-05-26.
- ^ admin. "Home". Belfer Center. Retrieved 2020-05-26.
- ^ "Belfer gift creates consortium targeting neurodegenerative diseases". mdanderson.org. 29 October 2012.
- ^ Elizabeth Chadis (2 May 2018). "Belfers support MIT's Aging Brain Research". MIT School of Science.
- ^ "Jack Snyder - Robert and Renée Belfer Professor of International Relations". Columbia SIPA. Retrieved July 25, 2020.
- ^ "Belfer Fellows Research". ADL.
- ^ "Palm Beach Event Chair Bio for Robert A. Belfer - Dana-Farber Cancer Institute | Boston, MA". www.dana-farber.org. Retrieved 2020-05-26.
- ^ "Shelly Belfer, a Teacher, Plans to Wed Anthony Malkin, a Banker, in August". The New York Times. 1987-05-24. ISSN 0362-4331. Retrieved 2024-07-05.
- ^ "Shelly Belfer Marries Anthony Malkin". The New York Times. 1987-08-28. ISSN 0362-4331. Retrieved 2022-04-28.