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Richard L. Bloch

From Wikipedia, the free encyclopedia
American investor (1920–2018)
For other people named Richard Bloch, seeRichard Bloch (disambiguation).
Richard L. Bloch
Born(1929-06-12)June 12, 1929
DiedOctober 27, 2018(2018-10-27) (aged 89)
EducationUniversity of Chicago
University of Arizona
Occupation(s)Investor, real estate developer, banker, philanthropist
SpouseNancy Bloch

Richard L. Bloch (June 12, 1929 – October 27, 2018) was an American investor, real estate developer, banker, and philanthropist.

Biography

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Early life

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Richard L. Bloch was born on June 12, 1929, inPontiac, Michigan.[1] He graduated from theUniversity of Chicago inChicago,Illinois, with a Bachelor of Science degree in 1949.[1][2] He then attended graduate school at theUniversity of Arizona inTucson, Arizona, from 1950 to 1952.[1] Meanwhile, he also served in the Anti-Aircraft Artillery of theUnited States Army during theKorean War from 1951 to 1953, retiring as afirst lieutenant.[1][2]

Career

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In 1957, he founded areal estate development company inCalifornia andArizona.[1] He co-developed and owned the Gulf & Western Building inNew York City, aHyatt Hotel inLos Angeles, California, the Transamerica Building inTucson, Arizona.[3] Additionally, he owned buildings used byIBM andAllstate Insurance.[3] He served as the Chairman of the Board of Trust Managers of Columbus Realty Trust.[2]

He became President and majority owner of thePhoenix Suns, an NBA basketball team, in 1968.[1][2] He served as Chairman of the Board of Governors of theNational Basketball Association.[2] In 1973, he purchasedKVOA, a television station in Tucson, Arizona affiliated withNBC.[3] He was also co-owner ofKNYN andKTMN, two radio stations based inSanta Fe, New Mexico.[2] From 1976 to 1982, he served as the Chief Executive Officer ofFilmways, including its subsidiaries, Union Fidelity Insurance and Grosset & Dunlap.[3]

He served on the Board of Directors ofGlenayre Technology (previously known asNu-West) from 1987 to 1992, the Data Broadcasting Corporation from 1993 to 1995 and Ascendant Solutions from March 2002 to February 16, 2005.[3] In 1997, he co-founded CLB Partners, and served as its co-manager.[3][4] He served on the Board of Directors ofCity National Bank, headquartered inBeverly Hills, California, beginning in 1979.[2]

He was a major donor toDemocratic candidates.[1] During the tenure of PresidentBill Clinton, he served on thePresident's Foreign Intelligence Advisory Board.[1][2]

Philanthropy

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He is a former trustee of theAmerican Film Institute and theMuseum of New Mexico Foundation.[2] He served on the Boards of Trustees of theAmerican Grand Prix Association, theUnited States Equestrian Team, theAmerican Ballet Theatre in New York City, St. Vincent's Hospital inSanta Fe, New Mexico, theLa Jolla Playhouse inLa Jolla nearSan Diego.[2]

Personal life

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He was married to Nancy Bloch.[5] He had been the owner of Pinon Farm inSanta Fe, New Mexico, since 1982.[4][5] Bloch died on October 27, 2018, at the age of 89 after a fall.[6][7]

References

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  1. ^abcdefghKenneth Michael Absher, Michael Charles Desch, Roman Popadiuk,Privileged and Confidential: The Secret History of the President's Intelligence Advisory Board, Louisville, Kentucky: University Press of Kentucky, 2012, p. 354[1]
  2. ^abcdefghijCity National Bank: Board of Directors
  3. ^abcdefBloomberg BusinessWeek: Richard L. Bloch[dead link]
  4. ^abForbes: Richard L. Bloch
  5. ^abCorey Pein,Where's the Money? SFR hunts for Santa Fe’s wealthiest,Santa Fe Reporter, September 8, 2009
  6. ^Lowe, Elayne (2018-10-30)."Film executive, equestrian established Piñon Farm in Santa Fe".Santa Fe New Mexican. Retrieved2022-02-25.
  7. ^"Richard Bloch, co-founder of Suns, passes away".KNXV. 2018-10-30. Retrieved2022-02-25.
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