Canadian-Israeli Mega Donors
Marcel Adams and Sylvan Adams
Meir Marcel Abramovici (1920-2020) was born to a traditional Jewish family in Romania and became a leather tanner like his father. After three years in Nazi labour camps, he escaped to Turkey, and then to Israel, where he fought in the War of Independence. A few years later, he moved to Canada and got a job working at a Quebec tannery, where his boss told him to change his last name to “Adams”. Once he saved a little bit of money he began investing in real estate. In 1958, Adams became a full-time real estate investor and founded Iberville Developments. Today, the company has over 100 shopping centres, residential buildings, and industrial properties across Canada and the US. Before he passed away, Adams was the world’s second-oldest billionaire, and a noted philanthropist. He established Tel Aviv University’s Adams Institute for Business Management Information Systems and the Adams Super Center for Brain Research.
His son Sylvan Adams (b. 1958) took over Iberville Developments in 1990, and served as its CEO for the next 25 years, until making aliyah and settling in Tel Aviv. Meanwhile, he took up professional cycling and in 2017 won the World Masters Championship in England. The following year, he opened the first indoor velodrome in Israel (and the entire Middle East). He gave 80 million shekels to bring the 2018 Giro d’Italia, one of cycling’s prestigious Grand Tours, to Israel, marking the first time that the tournament was held outside Europe. Adams has signed the Giving Pledge and is a huge philanthropist. He donated 100 million shekels to Tel Aviv’s Ichilov Medical Center in 2019, and financed a new children’s hospital at Wolfson Medical Center in Holon. Earlier this week, he announced $100 million to Ben-Gurion University in the Negev to “rebuild and strengthen” the south of Israel following the October 7 massacre. His foundation provides doctoral scholarships at the Israel Academy of Sciences and Humanities, and funds the Nefesh b’Nefesh “Bonei Zion Prize” for immigrants to Israel who make a profound impact on the country. He also donated $5 million to SpaceIL to develop Israel’s nascent space program and put an Israeli spacecraft on the moon. Adams is still cycling, and earlier this year won the UCI Cycling World Championships in his age category.
Chanukah Begins Tonight – Chag Sameach!
Chanukah & the Light of Creation
Words of the Week
We must support the gentile poor along with the Jewish poor, and visit the gentile sick along with the Jewish sick, and bury the gentile poor along with the Jewish poor, for the sake of peace.
– Talmud, Gittin 61a
Lawrence M. Tanenbaum (b. 1945) was born in Toronto, the grandson of religious Polish-Jewish immigrants. His father was a real estate tycoon and the founder and owner of York Steel Construction. Tanenbaum studied economics at Cornell University, where he managed the school’s hockey team. Upon graduating, he became the general manager of Kilmer Van Nostrand, a construction company that his father had recently bought out. Tanenbaum expanded the company rapidly. Among their many projects across the Americas are the Toronto, Atlanta, Miami, and Calgary train and subway networks. After a merger with another company in 1984, Tanenbaum became the CEO of Canada’s largest road paving company. Meanwhile, he created two new subdivisions for Kilmer: its Developments wing which is a leading Canadian real estate firm, and Kilmer Sports, for which Tanenbaum is most famous. Kilmer Sports has a 25% share of Maple Leafs Sports & Entertainment Ltd., and Tanenbaum is the chairman of both the Toronto Maple Leafs hockey team and the Toronto Raptors basketball team. The former is among the most valuable sports clubs in the world, while the latter won the NBA Championship last week for the first time in its history. In fact, Tanenbaum played an instrumental role in bringing a professional basketball team to Toronto. Although he lobbied the NBA for years, the contract was ultimately awarded to another businessman. Undeterred, Tanenbaum vowed to buy it out, and did so in 1998 with the team having struggled tremendously in its first years. Tanenbaum quickly turned its fortunes around (together with Vince Carter, who was drafted that same year.) Tanenbaum is a big sports fan himself, and goes to as many Leafs and Raptors games as he can. MLSE also owns the Toronto Argonauts, Toronto FC, and two more teams, making it Canada’s largest sports company, and one of the largest in the world. Last year, Tanenbaum (with a partner) bought the rights to bottle and distribute Coca-Cola in Canada. Tanenbaum and his family are huge philanthropists, donating countless millions to schools, hospitals, and charities. Among his largest donations are $60 million to Toronto’s Mount Sinai Hospital, $20 million to Montreal’s Neurological Institute and Hospital, $5 million to the University of Toronto, and $50 million to the UJA. He is a co-founder of the Centre for Israel and Jewish Affairs. Tanenbaum was awarded the Order of Canada in 2007. He plans to take the Toronto Raptors on an all-expenses paid trip to Israel as a victory present.