Richard L. Bloch

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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

Early life

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

Career

In 1957, he founded a

Allstate 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 the Phoenix Suns, an NBA basketball team, in 1968.[1][2] He served as Chairman of the Board of Governors of the National Basketball Association.[2] In 1973, he purchased KVOA, a television station in Tucson, Arizona affiliated with NBC.[3] He was also co-owner of KNYN and KTMN, two radio stations based in Santa Fe, New Mexico.[2] From 1976 to 1982, he served as the Chief Executive Officer of Filmways, including its subsidiaries, Union Fidelity Insurance and Grosset & Dunlap.[3]

He served on the Board of Directors of Glenayre Technology (previously known as Nu-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 of City National Bank, headquartered in Beverly Hills, California, beginning in 1979.[2]

He was a major donor to

President's Foreign Intelligence Advisory Board.[1][2]

Philanthropy

He is a former trustee of the

Personal life

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

References

  1. ^ a b c d e f g h Kenneth 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. ^ a b c d e f g h i j City National Bank: Board of Directors
  3. ^ a b c d e f Bloomberg BusinessWeek: Richard L. Bloch[dead link]
  4. ^ a b Forbes: Richard L. Bloch
  5. ^ a b Corey 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. Retrieved 2022-02-25.
  7. ^ "Richard Bloch, co-founder of Suns, passes away". KNXV. 2018-10-30. Retrieved 2022-02-25.