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low risk$2.5 billion (at death)
Edgar Bronfman Sr.
Former CEO, Seagram Company
Business leader and philanthropist
Overview
Edgar Miles Bronfman Sr. was a Canadian-American businessman who served as president of the World Jewish Congress and CEO of the Seagram Company, the spirits and entertainment conglomerate. His son Edgar Bronfman Jr. sold Seagram to Vivendi in a deal widely considered one of the worst corporate transactions in history, destroying the family fortune.
Key Affiliations
Controversies & Concerns
Under his and his son leadership, the Bronfman family Seagram fortune was largely destroyed through the disastrous merger with Vivendi Universal
Two Bronfman daughters, Sara and Clare, became deeply involved in the NXIVM sex cult, with Clare convicted of racketeering conspiracy
Clare Bronfman used the Bronfman family wealth to fund NXIVM operations and Keith Raniere activities for years
Related Investigations (1)
Known Associates & Connections
Clare Bronfman
Daughter convicted in NXIVM case
Sources & Documentation
2 documented sources from official records, investigations, and reports
Personal Information
- Born
- June 20, 1929
- Birthplace
- Montreal, Canada
Education
- •Williams College
- •McGill University
Key Timeline
1957-01-01
Became CEO of the Seagram Company
1981-05-01
Elected president of the World Jewish Congress
2000-12-20
Seagram merged with Vivendi in a value-destroying deal
2013-12-21
Died at age 84 in New York