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Richard Riordan

From Wikipedia, the free encyclopedia
American businessman and politician (1930–2023)
For persons of a similar name, seeRichard Riordan (disambiguation).

Richard Riordan
Riordan in 1997
39thMayor of Los Angeles
In office
July 1, 1993 – July 1, 2001
Preceded byTom Bradley
Succeeded byJames Hahn
Personal details
Born
Richard Joseph Riordan

(1930-05-01)May 1, 1930
New York City, U.S.
DiedApril 19, 2023(2023-04-19) (aged 92)
Los Angeles, California, U.S.
Political partyRepublican
Spouses
Children5
Alma mater
OccupationBusinessman, investor, military commander, philanthropist, politician
ProfessionInvestment banker, lawyer
Military service
Allegiance United States
Branch/service United States Army
Years of service1952–1955
RankFirst lieutenant
Battles/warsKorean War

Richard Joseph Riordan (May 1, 1930 – April 19, 2023) was an American businessman, investor, military commander, philanthropist, and politician. A decoratedKorean War veteran and a member of theRepublican Party, Riordan served as the 39thmayor of Los Angeles from 1993 to 2001; he remains the most recent Republican to hold that office. He ran for governor in the2002 California gubernatorial election, losing the Republican primary. After politics, he resumed his business career, specializing inprivate equity.

Early life, education, and career

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Riordan was born inFlushing, Queens, to an Irish-American family, the son of Geraldine (Doyle) and William O. Riordan.[1] He was the youngest of their nine children.[2] After growing up inNew Rochelle, New York,[3] he first enrolled atSanta Clara University on a football scholarship, but transferred toPrinceton University, where he graduated in 1952 with an A.B. in philosophy.[2] His senior thesis was titled "A Study of the Thomistic Faculty Psychology."[4] He then served in the U.S. Army as a first lieutenant during theKorean War.[2] After leaving the military, he earned a J.D. fromThe University of Michigan Law School in 1956.[5]

That year, he moved to Los Angeles, joining thedowntownlaw firm ofO'Melveny & Myers. In 1959, he left to become a partner of Nossaman LLP. In 1975, he was a founding partner of the law firm Riordan & McKinzie, which merged withBingham McCutchen in 2003.[6]

Riordan began investing in the 1950s with an $80,000 inheritance from his father, which he eventually grew into a multimillion dollar fortune.[2] In 1982, he was a founder of the private equity firm Riordan, Lewis & Haden.[7] As a philanthropist, he founded the Riordan Foundation, a charity for expanding childhood literacy.[2]

Mayor of Los Angeles

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Riordan with PresidentBill Clinton in 1993

WhenTom Bradley announced he was retiring asMayor of Los Angeles, Riordan set his sights on the1993 election.[2] Riordan won with 54% of the vote,[2] becoming the first Republican mayor in 36 years. As Mayor, the heavily DemocraticLos Angeles City Council blocked many of his proposals, or they proved unfeasible in reality. For example, the police academy did not have enough classroom space or instructors to train as many new police officers as Riordan had initially promised. He streamlined certain business regulations and established "one-stop" centers around the city for services, like permit applications.[7]

Riordan feuded with police chiefDaryl Gates' successor, former Philadelphiapolice commissionerWillie Williams, but oversaw a general decline in city crime. Ultimately, Riordan replaced Williams withLAPD veteranBernard Parks in 1997, the year he wasre-elected mayor over California State SenatorTom Hayden.[8]

Riordan's tenure was marked by controversy over theLos Angeles County Metropolitan Transportation Authority's Red Line subway's construction cost overruns. Because the overruns resulted in MTA funds being reallocated from bus funding, theBus Riders Union sued the city, alleging racial discrimination, resulting in a 1996consent decree that eviscerated MTA funding for subway andlight rail construction projects. Riordan publicly stated that he regretted signing the consent decree and it was his biggest mistake as mayor.[9]

Before becoming mayor, Riordan spearheaded the city's successfulterm limit ballot initiative and he was therefore term-limited from office in 2001. Riordan endorsed his adviser and friend,Steve Soboroff, to succeed him. Soboroff, however, came in third in the non-partisanmayoral primary election. Former California State Assembly SpeakerAntonio Villaraigosa advanced to the runoff againstJames Hahn. Riordan endorsed Villaraigosa in the second round, but Hahn won and succeeded him as mayor. Four years later, Villaraigosa defeated Hahn in the 2005 rematch and became Mayor.[10]

2002 California gubernatorial race

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In2002, Riordan decided to seek thegovernorship. In the Republicanprimary election, he facedconservative businessmanBill Simon and formerCalifornia Secretary of StateBill Jones. Although Riordan had a 30-point lead early in the race, Simon beat him by 18 points. Riordan's loss mainly can be attributed to a conservative Republican party base that rejected hismoderate Republicanism and efforts to move the party to the political center.[11] Incumbent Democratic GovernorGray Davis felt he had a much better chance to beat Simon, so he spent millions of dollars running attack ads against Riordan in the Republican primary. Davis's cross-party strategy was successful. Riordan lost the primary, and Davis defeated Simon 47%–42% in the general election.[12]

The Los Angeles Examiner

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In early 2003, Riordan circulated a prototype of a locally-focused, sophisticated, and politically-independent weekly newspaper,The Los Angeles Examiner, he hoped to start publishing in June.[13] It was, however, never published. Riordan put the project on hold when GovernorArnold Schwarzenegger, who defeated Grey Davis in the October 2003 recall election, appointed himCalifornia Secretary of Education. He served in the position from 2003 until he resigned in 2005.[14]

Later political involvement

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Riordan continued to be involved in city politics after his mayoralty. In the2001 Los Angeles mayoral election, Riordan endorsed his friend and adviserSteve Soboroff in the primary andAntonio Villaraigosa in the general election.[15][16] In 2005, he backed former State Assembly SpeakerRobert Hertzberg in the primary and Antonio Villaraigosa in the general election.[17][18] In both races, he chose not to endorseJames Hahn.[19]

Riordan played a role in City Council elections, supportingBill Rosendahl, who won election in the Eleventh District in 2005;Monica Rodriguez, who lost to Seventh District CouncilmanRichard Alarcon in 2007; and Adeena Bleich, who lost to Paul Koretz and David Vahedi, who advanced to the runoff election. In2013, Riordan endorsedWendy Greuel for mayor. She ultimately was defeated by then-Council memberEric Garcetti.[20]

Personal life and legacy

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TheRichard J. Riordan Central Library in Los Angeles is named after him.[21] Riordan owned theOriginal Pantry Cafe, which operated in Los Angeles from 1924 to 2025,[22] andGladstones Malibu, which has been open since 1972.[23][24][25]

Riordan was married four times and had five children, two of whom predeceased him.[7][26] He died at home inBrentwood on April 19, 2023, at age 92.[7]

References

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  1. ^The Nassau Herald. Princeton University. 1952. RetrievedApril 21, 2023.
  2. ^abcdefgHafner, Katie (April 21, 2023)."Richard Riordan, Mayor of an Uneasy Los Angeles, Dies at 92".The New York Times. p. A24. RetrievedApril 21, 2023.
  3. ^Bonfante, Jordan (June 21, 1993)."Hizzoner the CEO L.A.'s New Mayor Is a Manager in The Perot Mold".Time. Los Angeles. RetrievedNovember 7, 2015.(subscription required)
  4. ^Riordan, Richard Joseph (1952)."A Study of the Thomistic Faculty Psychology".
  5. ^"U.S. History: Biographies – Richard J Riordan".encyclopedia.com. RetrievedOctober 18, 2020.
  6. ^"Riordan & McKinzie merges with Boston firm".L.A. Business First. RetrievedApril 25, 2023.
  7. ^abcdMerl, Jean (April 19, 2023)."Former Los Angeles Mayor Richard Riordan dies at 92".Los Angeles Times. RetrievedApril 20, 2023.
  8. ^"4/22/97 Primary Nominating Election: Final – Official Results". Los Angeles City Clerk Election Archives. RetrievedNovember 7, 2015.
  9. ^Mascaro, Lisa (April 24, 2005)."MTA consent decree drives different reactions in L.A."The City Project Blog. RetrievedNovember 7, 2015.
  10. ^"Hahn, Villaraigosa to fight rematch in L.A. mayoral runoff".East Bay Times. March 10, 2005. RetrievedOctober 6, 2022.
  11. ^Wildermuth, John (March 6, 2002)."SIMON WINS BIG / Riordan's collapse sets up showdown for governor between GOP neophyte, Davis".SFGate. RetrievedOctober 18, 2020.
  12. ^"General Election – Statement of Vote, November 5, 2002".California Secretary of State. RetrievedNovember 7, 2015.
  13. ^Wood, Daniel B. (January 30, 2003)."In L.A., a new tabloid from its ex-mayor".The Christian Science Monitor. San Bernardino, CA. RetrievedNovember 7, 2015.
  14. ^Roderick, Kevin (November 8, 2003)."Next week in the LABJ (L.A. Business Journal)".L.A. Observed. RetrievedNovember 7, 2015.
  15. ^Markazi, Arash (September 3, 2015)."Steve Soboroff's famous typewriter collection has many stories to tell".ABC News. RetrievedApril 26, 2023.
  16. ^"Hahn Elected L.A. Mayor".ABC News. June 6, 2001. RetrievedApril 26, 2023.
  17. ^R. Blood, Michael (April 11, 2005)."Villaraigosa woos blacks in L.A. election".NBC News. RetrievedApril 26, 2023.
  18. ^"Jewish Candidate Barely Misses in Election for L.a. Mayoral Runoff".Jewish Telegraphic Agency. March 10, 2005. RetrievedApril 26, 2023.
  19. ^"Former L.A. mayor backs challenger".East Bay Times. April 2, 2005. RetrievedApril 26, 2023.
  20. ^Linthicum, Kate; Zahniser, David (March 20, 2013)."Richard Riordan backs Wendy Greuel for L.A. mayor".Los Angeles Times. RetrievedNovember 7, 2015.
  21. ^"Former LA Mayor Richard Riordan to be honored at memorial Mass on Friday".ABC7 Los Angeles. April 25, 2023. RetrievedApril 26, 2023.
  22. ^"Downtown L.A.'s Original Pantry Closes After 100 Years".Deadline. March 3, 2025. RetrievedMarch 3, 2025.
  23. ^Hafner, Katie (April 20, 2023)."Richard Riordan, Mayor of an Uneasy Los Angeles, Dies at 92".The New York Times.ISSN 0362-4331. RetrievedApril 26, 2023.
  24. ^Barnes, Mike (April 20, 2023)."Richard Riordan, Former Mayor of Los Angeles, Dies at 92".The Hollywood Reporter. RetrievedApril 26, 2023.
  25. ^Chen, I-Chun (August 11, 2016)."Gladstones restaurant in Malibu to close after 44 years".The Business Journals. RetrievedApril 26, 2023.
  26. ^Clifford, Frank (July 11, 1993)."Mystery Mayor : He's Got 40,000 Books, Friends All Over Town, and a Reputation as a Soft Touch. He's a Risk-Taker and Problem Solver. Yet He Can Be Absent-Minded, Inarticulate, Contradictory and Downright Sloppy. Can a Entrepeneur-Turned-Politican [sic] Lead L.A.?".The Los Angeles Times.

External links

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