Some Jew of the Week highlights in honour of our recent 5th Birthday!
Category Archives: Business & Finance
Jew of the Week: Louis B. Mayer
The Man Who Defined Hollywood
Louis B. Mayer (Photo Credit: LA Times)
Louis Burt Mayer (1884-1957) was born Lazar Meir in Minsk, Belarus, to a Jewish family that immigrated to the US when he was just three years old. Unable to find prosperity in the States, the family moved to Canada and settled in New Brunswick, where Mayer grew up. At age 12, he dropped out of school to help in his father’s scrap metal business. Meanwhile, he spent most of his free time at the local theatre and opera house. At 19, Mayer set out on his own, moving to Boston and starting his own scrap metal business. After several years of struggling to make a living, he purchased an old, forgotten auditorium and turned it into a modern movie theatre. Business boomed, and several years later, Mayer partnered up with another company to form the biggest chain of theatres in the region. He soon started a film distribution agency and a talent booking agency, too. In 1918, Mayer made his way to Hollywood, founding his own film production studio. In 1924, he joined forces with Metro Pictures and Goldwyn Pictures to create Metro-Goldwyn-Mayer, aka. MGM, which went on to become the most successful film production studio in history. Mayer himself became America’s highest-paid man, with a salary of over $1 million (which also made him the first person in American history to officially earn a 7-figure income). Under his direction, MGM made some of the greatest films of all time, including Gone With the Wind and The Wizard of Oz. In 1927, Mayer co-founded the Academy of Motion Picture Arts and Sciences, which inaugurated the Academy Awards, better known as “the Oscars”, two years later. Mayer is also credited with giving rise to the modern “movie star”, and personally handpicked and developed some of the greatest actors of his day, many of which saw him as a father figure. After World War II, MGM’s business slumped, and by 1951, Mayer resigned from the company. He continued to work in film until his passing from leukemia in 1957. Mayer was also a noted philanthropist, devoted much of his time to the Jewish Home for the Aged, and to LA’s Wilshire Temple. Variety magazine considered him “the greatest single force in the development of the motion picture industry” while his biographer would go on to write: “Mayer defined MGM, just as MGM defined Hollywood, and Hollywood defined America.”
Words of the Week
There are some ideas so absurd that only an intellectual could believe them.
– George Orwell
The Famous MGM Logo
Jew of the Week: Barney Dreyfuss
The World Series
Barney Dreyfuss, creator of the World Series
Bernhard Dreyfuss (1865-1932) was born in Germany to a Jewish-American family that had returned to Germany when the American Civil War broke out. When he was 16, Dreyfuss moved to the US to avoid being drafted into the German army, where conditions for Jews were not very good. Arriving in Kentucky, he lived with his distant relatives, the Bernheim family – famous for their ‘I.W. Harper’ bourbon whiskey – and soon played a key role in their family business. Meanwhile, Dreyfuss fell in love with baseball. He began organizing baseball tournaments for his co-workers, then moved on to organize baseball clubs in Kentucky. In 1889, he bought a stake in the Louisville Colonels, a pro team with the American Association. The following year, his team won the championship (against the Brooklyn team that became the LA Dodgers). After the American Association collapsed, the Colonels moved to the National League. By 1899, Dreyfuss had complete ownership of the Colonels, and also purchased a stake in the Pittsburgh Pirates, which went on to win three championships in a row. At the same time, the American League was becoming ever popular, igniting a “baseball war” between the two major leagues. In 1903, Dreyfuss put together a “peace treaty” between the leagues, and drafted a single set of rules to govern the sport. He also included a set of games that would determine the best baseball team of both leagues, and thus was born the World Series. Dreyfuss continued to play a key role in both the development of baseball, and in American business, until the very end of his life. He was inducted into the Baseball Hall of Fame in 2008, and a monument in his honour still stands at PNC Park, the current home of the Pittsburgh Pirates.
Words of the Week
Your fellow is your mirror. If your own face is clean, the image you perceive will also be flawless. But should you look upon your fellow man and see a blemish, it is your own imperfection that you are encountering – you are being shown what it is that you must correct within yourself.
– Rabbi Israel Baal Shem Tov