Tag Archives: Charity

Jew of the Week: Helena Rubenstein

First Self-Made Female Millionaire

Chaya Helena Rubinstein (1872-1965) was born in the Jewish ghetto of Krakow, Poland, the oldest of eight daughters in a very religious family. Her cousin was Martin Buber. At age 16, she was arranged to be married but refused to go along with it, instead running away to Switzerland, and then Australia. Although she spoke no English, the local ladies fell in love with her fashion sense and makeup. After agreeing to sell off most of what was in her luggage, she realized she could start a business. With help from an aunt, Rubinstein found her way to the region of Coleraine, famous for its millions of sheep, which produce lanolin, the key ingredient in her creams. Rubinstein worked as a waitress by day, and experimented with her creams by night. With some help from a wealthy admirer, Rubinstein launched her business. It didn’t take long for her to open up her own shop in the heart of Melbourne. Within five years, she opened two more locations: in Sydney and London, England. At the time, women were barred from getting bank loans, so Rubinstein saved up all the money herself and paid in cash. In 1912, she moved to Paris with her first husband, and there opened a new salon. During World War I, the family fled to New York, and Rubinstein opened up shop there as well. Business boomed, and Rubinstein expanded to another twelve cities. She soon became the most famous businesswoman in the world—and the richest. She has been credited as the world’s first self-made female millionaire. After her first marriage fell apart, Rubinstein tied the knot with a Georgian prince, and took on the title “Helena Princess Gourielli”. Rubinstein was a huge philanthropist, and her charity distributed around $130 million to causes around the world. She had a great life-long rivalry with Elizabeth Arden, of whom she said: “With her packaging and my product, we could have ruled the world.” Rubinstein faced a tremendous amount of adversity, as well as anti-Semitism. (In 1941, she was rejected from living in a Park Avenue apartment because she was Jewish, so she bought the whole building!) Nonetheless, she persevered through it all and became a pioneer in the cosmetics industry, in business, and in marketing, continuing to work into her 90s. Among her innovations were waterproof mascara and what may be the first sunscreen. Today, her company is owned by L’Oréal, which presents the Helena Rubinstein Women in Science Awards yearly in her honour.

Words of the Week

We have been waiting for 2,000 years. Is that hurrying?
Golda Meir, to King Abdullah of Jordan in a May 10, 1948 meeting, when he asked not to “hurry” to declare independence.

Helena Rubinstein cuts the ribbon at the grand opening of her Museum of Art in Tel-Aviv (1959)

 

Jew of the Week: Sheldon Adelson

In Memory of Israel’s Greatest Defender

Sheldon Gary Sholom Gedaliah Adelson (1933-2021) was born in Boston to a working-class, immigrant Jewish family of Ukrainian, Lithuanian, and English heritage. Even as a child he thought about how to get the family out of financial hardship, starting his first business at just 12 years of age by selling newspapers. Three years later, he started a new business operating a vending machine. His studies didn’t go well, and he dropped out of both college and a trade school before joining the military. After his army service, Adelson started a new business selling toiletries, followed by several more businesses before making his big break with a charter-bus tour company. In his 30s, he had already become a millionaire. A few years later, he was the co-creator of one of the first computer industry trade shows. The business grew exponentially and was sold to a Japanese company in 1995 for $862 million (of which $500 million went to Adelson). Meanwhile, Adelson had started investing in Las Vegas real estate. His first major venture there was purchasing the Sands Hotel and Casino for $110 million. A few years later, he dreamed of building a massive resort hotel and the result was The Venetian. Adelson also built a casino in Pennsylvania, in Singapore, and the Sands Macao, which was China’s first Vegas-like casino. The latter was one of Adelson’s most profitable investments, with some estimates suggesting it multiplied his wealth by fourteen times! In 2007, Adelson started a new conservative-leaning newspaper in Israel, called Israel Hayom. Distributed for free, it became the country’s number-one weekday paper. Originally a Democrat, Adelson grew disenchanted with the party and became a Republican. He always believed business and politics should not mix, and that wealthy people shouldn’t influence elections. However, when he discovered how strongly some wealthy people were influencing elections, he felt he had no choice but to do so as well. Over the years, Adelson donated hundreds of millions to support various Republican candidates. While he initially did not favour Trump, he ended up backing him due to Trump’s promises to help Israel. He gave around $65 million for Trump’s 2016 campaign, another $113 million to Republicans in 2018, followed by another $100 million in the last election. Trump’s erratic behaviour and obsession with election fraud led to a rift between the two, and they had not spoken following the election. A generous philanthropist, Adelson gave nearly $500 million for Birthright Israel (being its largest individual donor), $50 million to Yad Vashem, $25 million to build a medical school at Ariel University in Israel’s historic heartland, as well as nearly $20 million to fund Israel’s young space-exploration industry. His contributions played a key role in getting Benjamin Netanyahu into office in 1996. In the US, Adelson’s foundation funds medical research at 10 different universities. Aside from Las Vegas’ casinos, Adelson has built a state-of-the-art school, substance abuse centre, and research clinic in the city. His other major passion was fighting against the legalization of drugs, including cannabis. This was personal for him, having lost his son to a drug overdose. Adelson gave millions to ensure no other parent would experience such a tragedy. Sadly, Adelson succumbed to cancer earlier this week. Over the years, he gained a reputation as Israel’s greatest defender, and the biggest advocate of the Jewish people. Friend and fellow-billionaire Michael Steinhardt has said that “Whether he is in the Oval Office, the Prime Minister’s Office, a senator’s office, or a Congressman’s office, his first goal was to be an advocate for the Jewish people and the Jewish community, not for his own personal gain.”

Words of the Week

Those who never change their mind never change anything.
– Winston Churchill 

Jew of the Week: Baron Maurice de Hirsch

Moses of the 19th Century

Moritz Tzvi von Hirsch auf Gereuth (1831-1896) was born in Munich to a wealthy German-Jewish family. His grandfather was a banker for the Bavarian king, and became the first Jew to be permitted to own land in Bavaria. His father also served as the court banker, and became a German baron. Hirsch studied in Brussels, then took a banking job himself at age 17. Years later, he branched off on his own, eventually making his fortune from sugar, copper, and railroads. One of his boldest projects was building a Vienna-to-Istanbul rail line. Hirsch settled in Paris where he lived for the remainder of his life, going by the French version of his name, Maurice de Hirsch. In 1860, the Alliance Israélite Universelle (Kol Israel Haverim) organization was founded in Paris to secure human rights and education for Jews around the world. Hirsch became their biggest supporter, essentially bankrolling their operation to the tune of several hundred thousand pounds a year. The organization was most famous for building Jewish schools, including the first schools in pre-State Israel. The Alliance schools were also the first to teach a Hebrew curriculum, playing a key role in the language’s revival. Hirsch also donated countless sums to schools and hospitals across Germany, France, and England. He paid for the renowned Pasteur Institute’s entire biochemistry building. In the last two decades of his life, Hirsch was devoted to easing the plight of Russian Jews. He founded the Jewish Colonization Association in 1891 with a starting budget of £2 million pounds. The money was used to resettle Eastern European Jews in the Americas (particularly in Canada and Argentina), as well as in Ottoman Palestine. Altogether, Hirsch donated £18 million to the organization, the equivalent of about $4 billion today! Needless to say, it played a massive role in getting the Zionist movement off the ground and re-establishing a Jewish state in Israel (though de Hirsch himself didn’t believe it would ever actually happen!) as well as saving countless lives from pogroms and oppression. Maurice de Hirsch is ranked among the most generous philanthropists of all time. His wife, Clara de Hirsch, is also on this list, in her own right. She came from a wealthy banking family, too, and donated another 200 million francs of her own funds. When the couple tragically lost their only son in 1887, Maurice de Hirsch declared: “My son I have lost, but not my heir; humanity is my heir.” For his efforts to launch a mass-exodus and liberation of Jews, he has been called the “Moses of the 19th Century”.

Words of the Week

I suppose I shall spend all my money in this movement. But, after all, what is the use of money unless you do some good with it?
– Baron Maurice de Hirsch