Arthur Belfer
Arthur Belfer | |
---|---|
Born | Arthur Bejer Belfer May 30, 1907 |
Died | May 2, 1993 | (aged 85)
Nationality | American |
Occupation(s) | Manufacturer Petroleum development |
Known for | Founder of Belco Petroleum Corporation |
Spouses | Rochelle Anisfeld (died)
|
Children | 3, including Robert A. Belfer |
Arthur B. Belfer (May 30, 1907 – May 2, 1993) was a Polish-born American businessman and philanthropist who founded the Belco Petroleum Corporation.
Biography
Belfer was born to a
In 1953, the Belfer Corporation expanded into foam rubber and the petroleum.[2]
In 1954, he founded the Belco Petroleum Corporation which was dedicated to the exploration and development of petroleum fields in Wyoming and Peru.[3][2] Belco grew rapidly eventually becoming a Fortune 500 company.[2]
In 1962, Belco was listed on the New York Stock Exchange.[2]
In 1983, it merged with and into
Belfer is known for numerous philanthropic activities. He established the Belfer Institute for Advanced Biomedical Studies at
His family's ownership interest in Enron reached nearly $2 billion in 2000, immediately before its collapse in 2001.[5]
Personal life
Belfer was married twice. His first wife, Rochelle Anisfeld, died in 1961; they had three children: Robert A. Belfer (born 1935), Selma Belfer Ruben, and Anita Belfer Saltz.[2][3] In 1965, he married Diane Belfer.[2] Belfer died of cancer on January 2, 1993, in New York City.[2] He was a resident of Manhattan and Palm Beach, Florida.[2]
References
- ^ American Jewish Year Book 1995
- ^ a b c d e f g h i j k l m New York Times: "Arthur Belfer, 86, Philanthropist And Head of Petroleum Concern" By Marvine Howe May 4, 1993
- ^ a b c d e Funding Universe: "History of Belco Oil & Gas Corp." retrieved September 21, 2017
- ^ Enron: The Rise and Fall By Loren Fox
- ^ New York Times: "Enron's Collapse: The Losers; With a Billion in Enron's Stock, Rich Wallet Is Suddenly Lighter" by Leslie Eaton and Geraldine Fabrikant December 5, 2001