Shangri-La Entertainment
| Steve Bing | |
|---|---|
| Born |
Stephen Leo Bing March 31, 1965 |
| Alma mater | Stanford University (dropped out) |
| Occupation | Businessman, film producer |
| Years active | 2001-present |
| Partner(s) |
Elizabeth Hurley (former) Lisa Bonder (former) |
| Children |
with Hurley: --Damian Hurley with Bonder: --Kira Bonder |
| Parent(s) | Peter Bing Helen Bing |
| Relatives | Leo S. Bing (grandfather) |
Stephen Leo "Steve" Bing (born March 31, 1965) is an American businessman, film producer, and donor to progressive causes. He is the founder of the Shangri-La business group, an organization with interests in property, construction, entertainment, and music.
His parents are Helen, a nurse, and Peter Bing, a doctor in public health. At the age of 18, Bing inherited an estimated $600 million from his grandfather, Leo S. Bing, a Jewish real estate developer who had made his fortune in New York in the 1920s. The Los Angeles Business Journal's January 2010 publication of "The Lists 2010" listed him in their "Wealthiest Angelenos" section of the magazine, which estimated his worth at $590 million, coming in at No. 46.
After inheriting his fortune, Bing dropped out of Stanford University in his junior year to pursue a career in Hollywood.
Bing reportedly invested $80 million in The Polar Express, an animated film featuring the voice of Tom Hanks, which earned $285 million globally and was one of the year's top box office successes. He is also the financier of Robert Zemeckis' Beowulf (2007), and the producer/financier of Shine A Light, a Rolling Stones concert film directed by Martin Scorsese. Bing also financed and produced the independently released Jerry Lee Lewis album, Last Man Standing, pulling together performers such as Bruce Springsteen, Mick Jagger, Jimmy Page, B.B. King, and Kid Rock to play alongside "The Killer."
Beginning with a $500 contribution in 1993 to support Sen. Frank Lautenberg, D-N.J., in his bid for re-election, Bing has contributed more than $10.7 million at the federal level to the Democratic Party and its candidates, according to the Center for Responsive Politics.
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Wikipedia