Marcel Adams | |
---|---|
Born | Marcel Abramovich 2 August 1920
Piatra Neamț, Romania |
Died | 11 August 2020
Montreal, Canada | (aged 100)
Nationality | Canadian/Romanian/Israeli |
Occupation | Businessman |
Known for | Founder of Iberville Developments |
Spouse |
Annie Adams
(
m. 1953; died 1997) |
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]
Marcel Abramovich (later Adams) was born to a Jewish family in Romania in 1920. [2] 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. [3] 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. [3] In 1958, he founded Iberville Developments [2] and in 1959, he opened his first mall. [3] Adams retired and his son, Sylvan Adams, operated the company for almost 25 years, [6] before being succeeded by his own son, Josh. [2] [7] As of 2017, Iberville owns and manages a diverse portfolio of over 100 properties consisting of eight million square feet. [2]
In 1953, he married Annie Adams; they had four children: Julian, Sylvan, Linda, and Leora. [3] His son Julian is a biochemist who led a team that developed the drug Velcade; his son Sylvan ran Iberville; [3] his daughter Linda is a lawyer married to commentator Gil Troy; and his daughter Leora is a nurse. [3] Annie died in November 1997. [8]
Adams died on August 11, 2020. [9]