Walter Shorenstein & family

About Walter Shorenstein & family

Birth Day: February 15, 1915
Birth Place: United States
Died On: June 24, 2010(2010-06-24) (aged 95)
Birth Sign: Pisces
Alma mater: B.A. University of Pennsylvania
Occupation: Real estate developer
Spouse(s): Phyllis Finley
Children: Joan Shorenstein Carole Shorenstein Hays Douglas W. Shorenstein

Walter Shorenstein & family Net Worth

Walter Shorenstein & family was bornon February 15, 1915 in United States. Left U. of Pennsylvania for military in WWII. Moved to San Francisco with pregnant wife and $1,000. Started as salesman for commercial real estate firm. Became partner 1951, president and owner 1960. Built up portfolio of office properties, including the Bank of America Center in San Francisco. Benefited from real estate price hikes during Silicon Valley dot-com era. Onetime owner of 20% of city's office space started selling after tech bubble burst. Recently built office space in Portland, Ore. Son, Douglas, is chairman. Daughter, Carole, has won 5 Tonys as a Broadway producer.
Walter Shorenstein & family is a member of Real Estate

💰 Net worth: $1.1 Billion

Some Walter Shorenstein & family images

Biography/Timeline

1915

Shorenstein was born to a Jewish family in 1915 in Glen Cove, New York, son of a clothier. His uncle, Hyman Schorenstein, was a political "kingmaker" in New York during the early 20th century, and ancestor to a number of New York politicians. In 1934, he graduated from the University of Pennsylvania. In 1941, he enlisted in the United States Air Force.

1945

In 1945, Shorenstein married Phyllis Finley of Wellington, Kansas. She met her husband while working as a volunteer ambulance driver at Travis Air Force Base, where Shorenstein was stationed during World War II. Phyllis converted to Judaism. Mrs. Shorenstein had a heart ailment and died in 1994 at the age 76 in San Francisco. They had three children:

1960

Upon his discharge from the Air Force, Shorenstein moved to San Francisco with savings of $1,000. He worked as a commercial real estate broker, becoming a partner at Milton Meyer and Co., a firm he bought in 1960 upon its founder's death and renamed after himself. He and others attributed his success in Business to "street smarts".

1985

Shorenstein became active politically and was a significant fundraiser for the Democratic Party. He was a major donor to civic and charitable causes, as well as higher education. He was prominent in the Jewish-American political and philanthropic community. In honor of his daughter who died of cancer in 1985, Shorenstein founded the Joan Shorenstein Center on the Press, Politics and Public Policy — renamed the Shorenstein Center on Media, Politics and Public Policy in 2014 — at Harvard University’s Kennedy School of Government. He also endowed the Walter H. Shorenstein Forum for Asia Pacific Studies at Stanford University. In 1993, he and Mikhail Gorbachev established the Gorbachev Foundation in San Francisco.

1993

In 1993, Shorenstein helped an investor group purchase the San Francisco Giants baseball team thus preventing the franchise from moving to Florida.