Bram Goldsmith
| Bram Goldsmith | |
|---|---|
 |
|
| Born |
February 22, 1923 Chicago, Illinois, U.S. |
| Died | February 28, 2016 (aged 93) Beverly Hills, California, U.S. |
| Residence | Beverly Hills, California, U.S. |
| Education | University of Illinois |
| Occupation | Real estate developer, banker, philanthropist |
| Employer | City National Bank |
| Spouse(s) | Elaine Maltz |
| Children | Russell Goldsmith |
| Parent(s) | Max Goldsmith Bertha |
| Relatives | Benjamin N. Maltz (father-in-law) |
Bram Goldsmith (February 22, 1923 – February 28, 2016) was an American real estate developer, banker and philanthropist. He served as the chief executive officer of City National Bank from 1975 to 1995, and as its chairman from 1975 to 2013. He became known as the "banker to the stars". He was a major philanthropist in Beverly Hills, California.
Bram Goldsmith was born in 1923 in Chicago, Illinois, where he grew up. His father was Max Goldsmith and his mother, Bertha.
Goldsmith graduated from the University of Illinois, where he studied finance and business administration. After graduation, he served in the United States Army Air Corps for three and a half years, spending eighteen months in Burma.
Goldsmith served as president and chief executive officer of the Buckeye Realty and Management Corporation and the Buckeye Construction Company for twenty-five years. It was the largest privately owned real estate development company in California at the time. It built over thirty office towers in Beverly Hills, California. The loans for their construction were secured through the City National Bank.
Goldsmith was elected to the board of directors of City National Bank in 1964, when Alfred S. Hart was chairman and Benjamin N. Maltz (1901–1993), president. He served as its chief executive officer for twenty years, from 1975 to 1995, and as its chairman from 1975 to 2013. During his tenure, the bank's assets went from $600 million to $3.3 billion. He served as its chairman emeritus and Board until his death. He was sometimes referred to as the "banker to the stars," as the bank's clients under his included celebrities such as; Robert Redford, Paul Newman and Cher. In 1984, he was the highest paid banker in the United States with US$3.1 million, more than the salaries of the CEOs of Bank of America, Citibank and Chase Manhattan combined.
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