Sara and Clare, who had already borrowed against their inheritance, got an estimated $250-$300-million each. On December 22, 2013, Edgar Bronfman Sr. died at age 84. A great philanthropist at heart, he has also donated large amounts of money to charity causes. Edgar Bronfman Sr widened the range of products, improved the process of distribution and expanded the overall company's sales worldwide. Now largely engaged in philanthropic endeavors. Edgar Bronfman Sr. 1.11K. He is currently based in New York, New York, U.S. She is also known as the youngest daughter of Canadian billionaire Edgar Bronfman Sr. Claire, stated that he unlawfully joined the sex cult NXIVM and was jailed Tuesday morning July 24, 2018, however, on April 19, 2019, she pleaded guilty to fraud. In this 2003 cover story, Forbes first raised questions about Keith Raniere—who now stands trial for charges that include sex-trafficking and forced labor involving his alleged cult, Nxivm. 7 (Edgar Bronfman, Jr., Sara Bronfman, Clare Bronfman, Matthew Bronfman, Holly Bronfman, Adam Bronfman, Samuel Bronfman) About Edgar Miles Bronfman Sr. Canadian-American Edgar Miles Bronfman Sr has an estimated net worth of $2.5 billion in 2012. Edgar Bronfman Jr Net Worth: Edgar Bronfman is an American businessman who has a net worth of $2.5 billion. Learn all about Sara Bronfman Net Worth, Husband, Married, Age, Wiki, Parents. Clare Bronfman is the youngest daughter of billionaire philanthropist and former Seagram liquor chairman Edgar Bronfman Sr. It's eco-friendly and can satisfy the growing demand for aged spirits. Even their father, Edgar Bronfman Sr., enrolled in … Clare Bronfman: Personal life. 02/03/08 09:32PM. Edgar Bronfman Sr. remarried for four times. He has seven children named Samuel, Edgar Jr., Matthew, Holly, Adam, Sara and Clare. Edgar Miles Bronfman (June 20, 1929 – December 21, 2013) was a Canadian-American businessman. On December 22, 2013, Edgar Bronfman Sr. died at age 84. About Edgar Miles Bronfman Sr. Canadian-American Edgar Miles Bronfman Sr has an estimated net worth of $2.5 billion in 2012. Thrice-divorced Edgar Bronfman Sr. is the son of a Russian immigrant who used to smuggle whiskey across the US-Canadian border in the Prohibition era. $2.5 Billion Edgar Bronfman Sr Net Worth: Edgar Bronfman Sr was a Canadian-American businessman who had a net worth of $2.5 billion at the time of his death. Bronfman’s net worth as of 2010 was $2.6 billion, according to Forbes. Clare Bronfman, 39, a daughter of the late billionaire philanthropist and former Seagram chairman Edgar Bronfman Sr., surrendered to the FBI and pleaded not guilty to racketeering charges. In May 2011, the sale of WMG was announced; Bronfman would continue as CEO in the transaction. Son Edgar Jr. lost billions for the family when he sold Seagram's lucrative stake in DuPont chemicals to buy film studio MCA/Universal and music business Polygram. All net worths are calculated through the combination of a robust methodology and a proprietary algorithm. Clare Bronfman's Net Worth. As President of the World Jewish Congress, Bronfman is especially remembered for initiating diplomacy with the Soviet Union. It was divided up by his seven children and wife. However, friends and family of Clare and Sara Bronfman would allege that the heiresses gutted their inheritance and trust funds when they reportedly spent $150.0 million on NXIVM operations. In August 2011, he became Chairman of the company as Stephen Cooper beca… Clare Bronfman poured roughly $150 million into Nxivm—which prosecutors call a fraudulent, pyramid organization—over 15 years. The merger was disastrous; the Bronfmans sold the rest of their Seagram stake to Vivendi in 2000 for $34 billion. He worked for his family distilled beverage firm, Seagram, eventually becoming president, treasurer and CEO. As for his private life, was been married five times (twice to his third wife) and was the father of seven children. Edgar Bronfman Sr Net Worth is. He is a businessman, songwriter… Read More » More recent family woes: daughters Clare and Sara are followers of the man Forbes called "the world's strangest executive coach" in a 2003 cover story. All Rights Reserved. Raniere lost his bid for a new trial and will be sentenced on charges including sex-trafficking, forced labor conspiracy and wire fraud conspiracy. She is best known for being the daughter of the Canadain-American billionaire Edgar Bronfman Sr. Sara has been a founder and one of the members of the leadership team of the company NXIVM.. Sara is married to a famous Libyan entrepreneur Basit … She is 42 years [...]. The net worth of Clare Bronfman is still to get disclosed as of 2020. Ms. Bolton will be Soros' third wife if they wed as planned in 2013. Edgar Bronfman Sr. earned his net worth through his time as President, treasurer and director of Seagrams Ltd. Born as Edgar Miles Bronfman on June 20, 1929, in Montreal, Quebec, Canada, he is best known as the heir to Seagram's fortune. Clare Bronfman spent millions of the family fortune bankrolling Nxivm's operations and becomes a prime example of the need for discretionary trusts in high-net-worth planning. ... Edgar Bronfman Sr., to take Nxivm’s $10,000 “V.I.P.” course but he soon “soured on the organization,” according to the Post. Clare Bronfman is the youngest daughter of billionaire philanthropist and former Seagram liquor chairman Edgar Bronfman Sr. He worked for his family drinks firm, Seagrams, eventually becoming president, treasurer and chief executive. The qualities of oak age in less than a day? 02/03/08 09:32PM. How The Cargill/MacMillan Family Became The Fourth-Richest American Family, With A Combined Net Worth Of $47 Billion, Jun 20, 1929 - Dec 21, 2013 (84 years old). Thrice-divorced Edgar Bronfman Sr. is the son of a Russian immigrant who used to smuggle whiskey across the US-Canadian border in the Prohibition era. George Soros (Photo credit: WEF) UPDATED WITH SOROS CHART: Billionaire George Soros announced at a party on Aug. 11, 2012 at his Hamptons estate his engagement to 40-year-old Internet yoga entrepreneur Tamiko Bolton. The saga of the billionaire Bronfman family and the executive-coaching company NXIVM takes another turn. As of 2019, her net worth is estimated at $500 million. Edgar Miles Bronfman Jr. was born on 16 May 1955, in New York City, USA, to Ann and Edgar Miles Bronfman Sr., of Canadian-Jewish descent.He is a businessman, songwriter and former filmmaker, best known for leading the once largest international beverage and entertainment company in the world, Seagram. Edgar Miles Bronfman (June 20, 1929 – December 21, 2013) was a Canadian-American businessman and philanthropist. A lawyer for Bronfman, Susan Necheles, sought her release on $25 million bond. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Nxivm 'Crime Boss' Keith Raniere Convicted, Faces Possible Life Sentence, From Heiress To Felon: How Clare Bronfman Wound Up In ‘Cult-Like’ Group Nxivm, A Family Recipe Worth $300 Million And Other News To Start Your Day, Nxivm Trial Witness: We Hacked Billionaire Edgar Bronfman Sr.’s Email, When We Exposed Keith Raniere, The Leader Of The Nxivm ‘Sex Cult’, Nxivm ‘Sex Cult’ Leader Posed as a Mentor for Women, But Was a Predatory ‘Crime Boss,’ Prosecutors Say, Quick Aging Spirits Is New Frontier For Seagram Scion, Divorce Charts Of The Billionaires: George Soros Edition. Edgar Bronfman Sr died on December 21, 2013. After a seven-week tabloid-worthy trial filled with allegations of branding, sexual abuse and other crimes, jurors delivered their verdict only after five hours of deliberations. Topic. $2.6B. During his first day standing trial, Keith Raniere was accused of having sex with an underage girl and producing child pornography, among other allegations. Bronfman’s son, Edgar Jr., catapulted Seagram into the entertainment business with a series of deals in the 1990s. Submit a correction suggestion and help us fix it! When Vivendi over-expanded and the stock faltered, the family's net worth tumbled by an estimated $4 billion. NXIVM Cult Leader Keith Raniere Sentenced To 120 Years In Prison, Clare Bronfman Sentenced To Nearly Seven Years In Prison For Role In Nxivm, Keith Raniere, Convicted Leader Of Cultlike Group Nxivm, Will Be Sentenced In October, Bachelor of Arts / Science, McGill University. Seven years later, he became the head of Seagram's American subsidiary. Raniere was found guilty of racketeering and sex trafficking for his role in NXIVM, a professed self-help group prosecutors say was a smoke-screen for a manipulative sex cult. Sorry, Not This Year Twenty-one fell off and three died since 2010. The Edgar Bronfman Sr net worth and salary figures above have been reported from a number of credible sources and websites. Edgar Bronfman Sr. is similar to these people: Charles Bronfman, Edgar Bronfman Jr., Samuel Bronfman and more. © 2021 Forbes Media LLC. Next>. As President of the World Jewish Congress, Bronfman … $2.5 Billion Edgar Bronfman Sr Biography $2.5 Billion: Edgar Kilometers Bronfman (June 20, 1929 – December 21, 2013) was a Canadian-American businessman and philanthropist. She is best known for being the daughter of the Canadain-American billionaire Edgar Bronfman Sr. Sara has been a founder and one of the members of the leadership team of the company NXIVM.. Sara is married to a famous Libyan entrepreneur Basit … His personal net worth was estimated to be several billion which was divided up by his seven children and wife. Edgar later ran the U.S. arm of liquor giant Joseph E. Seagram & Sons while brother Charles took care of operations in Canada. The sisters’ devotion to the organization eventually led Clare to purchase a home near NXIVM’s headquarters in Clifton Park, New York, as well as a nearby horse farm. cityfile. It was his Russian immigrant father who first started making money smuggling whiskey across the US-Canadian border and then acquired the largest distiller in the world, Seagram Company Ltd, in 1928. Bronfman’s net worth as of 2010 was $2.6 billion, according to Forbes. Some big names fell off the Billionaires List this year, including Dallas investor Sam Wyly and one-time Seagram's head Edgar Bronfman Sr. Rich older men are far more age-appropriate than you might think. Sara Bronfman is a famous Human Rights activist who has been deliberately indulged in all sorts of campaigns and revolutionary movements. The topline of today’s news: PayPal celebrates a new milestone; James Dyson's pivot from vacuum cleaners to electric cars; Electric scooters unicorns face a bumpy road in Europe. As President of the World Jewish Congress, Bronfman is especially remembered for initiating diplomacy with the Soviet Union, which resulted in legitimizing the Hebrew language in Russia, and contributed to Soviet Jews being legally able to practice their own religion, as well as emigrate to Israel. cityfile. Edgar Bronfman Jr Net Worth. His personal net worth [he had set aside some personal living money before he handed over the reins to his son] was estimated to be several billion. Sara Bronfman is the daughter of Edgar Bronfman Sr. 10 facts. Edgar Bronfman Sr. is similar to these people: Charles Bronfman, Edgar Bronfman Jr., Samuel Bronfman and more. She came into this world in the year 1979 which has now made her reach at the age of 39. Since 1994, he has been married to Jan Aronson. Edgar Bronfman Sr Net Worth is. Billionaire Drop-Offs: Who Didn't Make The Cut. Edgar Bronfman Sr. remarried for four times. Wealth Planning > High Net Worth. In 1978, Edgar Bronfman’s wealth was estimated to be about $7 billion [$28 billion in 2018 dollars]. Edgar Miles Bronfman (June 20, 1929 – December 21, 2013) was a Canadian-American businessman. Edgar Bronfman Sr. Net Worth: $2.5 Billion: Date Of Birth: May 16, 1955: Died: December 21, 2013, Manhattan, New York City, New York, United States: Place Of Birth: New York City, New York, USA: Profession: Businessman: Education: Collegiate School: Nationality: American: Spouse: Clarissa Alcock (m. 1993), Sherry Brewer (m. 1979–1991) Children It was divided up by his seven children and wife. The net worth of Clare Bronfman is still to get disclosed as of 2020. Clare Bronfman is originally from the United States of America. On December 22, 2013, Edgar Bronfman Sr. died at age 84. Edgar Bronfman Sr. 1.11K. Clare Bronfman is the youngest daughter of billionaire philanthropist and former Seagram liquor chairman Edgar Bronfman Sr. She has made a huge amount of money from her career and she is satisfied with her earnings. $2.5 Billion Edgar Bronfman Sr Biography $2.5 Billion: Edgar Kilometers Bronfman (June 20, 1929 – December 21, 2013) was a Canadian-American businessman and philanthropist. She grew up with her older sister Sara, who is also involved in the NXIVM scandal. His personal net worth [he had set aside some personal living money before he handed over the reins to his son] was estimated to be several billion. Estimated net worth of $2 billion , Bronfman was ranked by Forbes as the 14th wealthiest Canadian and 736th in the world. #73 Edgar M Bronfman Sr. Net Worth: $3.0 billion. © 2021 Forbes Media LLC. Edgar M Bronfman Sr ranked 73 among The 400 Richest Americans In 2005. As of 2019, her net worth is estimated at $500 million. … He worked for his family distilled beverage firm, Seagram, eventually becoming president, treasurer and CEO. His personal net worth [he had set aside some personal living money before he handed over the reins to his son] was estimated to be several billion.