Malcolm Glazer | |
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Born |
Malcolm Irving Glazer August 15, 1928 Rochester, New York |
Died | May 28, 2014 Palm Beach, Florida |
(aged 85)
Nationality | United States |
Occupation | Businessman |
Net worth |
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Spouse(s) | Linda Glazer |
Children | 6; including Avram Glazer Bryan Glazer Joel Glazer |
Malcolm Irving Glazer (August 15, 1928 – May 28, 2014) was an American businessman and sports team owner. He was the president and chief executive officer of First Allied Corporation, a holding company for his varied business interests, and owned both Manchester United of the Premier League and Tampa Bay Buccaneers of the National Football League.
Glazer was born in Rochester, New York, the fifth of seven children of Lithuanian Jewish immigrants, Abraham and Hannah Glazer. In 1943, he inherited his father's wholesale jewelry and watch repair business. He briefly attended Sampson College in Romulus, New York before committing himself full-time to jewelry and watch repair.
He won the concession at the Sampson Air Force Base. In 1956, after the base closed, he expanded into real estate investing in single-family homes, duplexes, and commercial buildings in Rochester, eventually specializing in the ownership and management of mobile-home parks, mainly in Florida. In 1963, he bought the National Bank of Savannah in upstate New York. In 1973, he bought the first of five nursing homes he was to own, the West Hill Convalescent Center in Hartford, Connecticut. In 1976, he purchased three television stations for $20 million including WRBL in Columbus, Georgia. In 1984, he founded First Allied Corporation, a holding company for his various endeavors where he served as president and chief executive officer. First Allied has invested in a diverse portfolio of international holdings and public companies including: First Allied, Zapata Corporation, Houlihan's Restaurant chain, Harley-Davidson, Formica, Tonka, Specialty Equipment and Omega Protein.