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Marcel Adams

Marcel Adams (2 August 1920 – 11 August 2020)[1] was a Canadian real estate investor, billionaire, and Holocaust survivor.[2]

Key Information

Biography

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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]

Personal life

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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]

References

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Further reading

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