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Adam Milstein
Israeli-American venture philanthropist From Wikipedia, the free encyclopedia
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Adam Milstein (Hebrew: אדם מילשטיין; born 1952) is an Israeli and American investor and philanthropist. He is a managing partner at Hager Pacific Properties.
He founded and funded organizations supporting Jewish causes, and organizations advocating support for Israel, including countering anti-Israel initiatives such as Boycott, Divestment and Sanctions.[2] He and his wife, Gila, founded the Adam and Gila Milstein Family Foundation in 2000. He is a co-founder of the Israeli-American Council (IAC) and served as chairman from 2015 to 2019.[3]
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Early life and education
Milstein was born in Haifa, Israel, the eldest child of Eva (née Temkin), a homemaker, and Hillel Milstein, a real estate developer. The family later lived in Kiryat Yam and Kiryat Motzkin.[4]
He was conscripted into the Israel Defense Forces in 1971, and served during the 1973 Yom Kippur War.[5] After being discharged, he enrolled in the Technion and graduated in 1978 with a Bachelor of Science degree in engineering.[6] While in college, he worked with his father to expand the family's real estate construction and development business.
He married Gila Elgrably in Haifa in 1974. They moved to Los Angeles with their two daughters in 1981.[4] He received an MBA from the USC Marshall School of Business in 1983 and started working in commercial real estate as a sales agent.[5]
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Investment career
Milstein is a managing partner of Hager Pacific Properties, overseeing the firm's financing, disposition and accounting. The firm specializes in acquiring, rehabilitating and repositioning industrial, retail, office, and multi-family properties.[6]
Philanthropy and political donations
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Milstein and his wife Gila founded the Adam and Gila Milstein Family Foundation in 2000. The organization sponsors education of students and young professionals to identify with their Jewish roots and gain knowledge to advocate for the State of Israel and the Jewish people.[4]
Milstein co-founded the Israeli American Council in 2007.[7][8][9][10] He was named chairman of the group in 2015.[11][12][13] He sits on the boards of StandWithUs and Hasbara Fellowships.[14] He previously served on the boards of Israel on Campus Coalition, Jewish Funders Network, and the American Israel Public Affairs Committee (AIPAC) National Council.[7] He joined Sheldon Adelson and Haim Saban in June 2015 to organize the inaugural Campus Maccabees summit, which opposes Boycott, Divestment and Sanctions (BDS) groups and activities on college campuses in the United States.[2] He strongly opposes the BDS movement,[15][16] and has had several opinion pieces published on the subject.[17][18]
He and his wife co-founded Sifriyat Pijama B'America, which provides free monthly books in Hebrew to Israeli-Jewish American families in the United States.[15] They started "The Impact Forum" in 2016 an initiative which "fights antisemitism, strengthens the state of Israel, and protects American democracy".[19][20]
Personal life
Milstein pled guilty to tax evasion involving his donations to the Spinka Hasidic sect in 2009.[21] According to The Intercept, he served three months in prison, 600 hours of community service, and paid a $30,000 fine.[22]
Milstein withdrew from speaking at the 2019 AIPAC conference after he posted tweets connecting Ilhan Omar and Rashida Tlaib to the Muslim Brotherhood.[23]
The Jerusalem Post selected Milstein for its list of the 50 most influential Jews in the world in 2016.[4][1][24] Algemeiner Journal named Milstein to its list, "The Top 100 People Positively Influencing Jewish Life" in 2015 and 2016.[4][25][26] Gil Troy identified Milstein as a contemporary leader of cultural Zionism in his book The Zionist Ideas: Visions for the Jewish Homeland—Then, Now, Tomorrow (2018). The section on Milstein presents his "vision of Israeliness to invigorate Zionism and Jewish identity—in Israel and abroad".[27]
He lives in Encino, California with his wife.[4] They have three daughters and three grandchildren.[4][28]
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References
External links
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