Lewis N. Wolff | |
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Born | 1935 (age 81–82) St. Louis |
Residence | Westwood, Los Angeles |
Nationality | United States |
Alma mater |
University of Wisconsin (B.A.) Washington University in St. Louis (M.B.A.) |
Occupation | Investor |
Known for | Owner and managing partner of the Oakland Athletics and owner of the San Jose Earthquakes |
Spouse(s) | Jean Wolff |
Children | 3 |
Lewis N. Wolff (born 1935) is an American real estate developer. Wolff is also known for owning sports franchises; he is currently the co-owner of the Oakland Athletics of Major League Baseball and the San Jose Earthquakes of Major League Soccer as well as co-chairman of the board of Sunstone Investors, Inc. since October 2004. Wolff is credited with the redevelopment and revitalization of downtown San Jose, where for many years he was the largest developer of office, hotel, and parking.
Lewis "Lew" Wolff was born in 1935 to a Jewish family in St. Louis and raised in the middle-class suburb of University City, Missouri Wolff graduated from the University of Wisconsin-Madison where he was a member of the Pi Lambda Phi fraternity and a fraternity brother of former MLB Commissioner Bud Selig. In 1961, he earned a MBA from Washington University in St. Louis.
In 1958, Wolff took a job as a real estate appraiser in St. Louis. In 1961, his company sent him to Los Angeles to open a regional office and in 1963, he co-founded a real estate consulting firm. In the 1960s, he was very successful developing the booming San Diego market and earned a solid reputation in the industry. In the 1970s, he accepted a position with 20th Century Fox tasked with managing its worldwide real estate investments. Wolff's approach - which he would successfully apply throughout his career - was to find partners who would contribute most of the money but allow Wolff to manage the investment.
In 1994, Wolff founded Maritz, Wolff & Co with Philip Maritz in St. Louis, Missouri. The company owned interest in eighteen hotel and resort properties around the world, including the Fairmont San Jose Hotel, the Fairmont San Francisco, the Carlyle Hotel, the Four Seasons Hotel Nevis, the Four Seasons Hotel Toronto, and the Park Hyatt Sydney. In 2011 Wolff and his partner, Philip Maritz, orchestrated the $800 million sale of five hotels, including The Carlyle and the Rosewood Management Company to New World, a Hong Kong-based real estate and hotel company.