Date of Birth: December 12, 1925
Zodiac Sign: Sagittarius
Biography
Bernard L. Schwartz, born on December 12, 1925, is a distinguished American businessman, philanthropist, and former CEO. Schwartz is best known for his tenure as the Chairman and CEO of Loral Space & Communications, a company known for its contributions to satellite communications and defense electronics. Under his leadership, Loral transformed from a small defense contractor into a major player in the satellite communications industry. Schwartz has been an influential figure not only in business but also in political and philanthropic circles, contributing significant amounts to educational, cultural, and health-related causes. Schwartz began his career in the financial sector, working his way up through various positions before taking the helm at Loral in 1972. His strategic vision and business acumen helped the company grow exponentially, especially after acquiring several other companies and expanding into new markets. In addition to his work at Loral, Schwartz has been an active philanthropist, donating millions to various institutions and causes, including the New York University, the New School, and the Democratic Party.
5 Interesting Facts about Bernard L. Schwartz
1. Bernard L. Schwartz served as the CEO of Loral Space & Communications for over 30 years.
2. He played a significant role in the development and launch of communication satellites.
3. Schwartz has donated millions to educational institutions, including a $5 million gift to the New School.
4. He is known for his political contributions, particularly to the Democratic Party.
5. Schwartz has been recognized for his philanthropic efforts with numerous awards and honors.
5 Most Interesting Quotes from Bernard L. Schwartz
1. “In business, as in life, timing is everything.”
2. “Philanthropy is not just about giving money, it’s about solving problems.”
3. “Leadership involves setting the vision, but also being adaptable to change.”
4. “Education is the cornerstone of a thriving society.”
5. “Success comes from taking calculated risks and learning from failures.”
Highest Net Worth Achieved
At his peak, Bernard L. Schwartz achieved a net worth estimated at $1.5 billion.
Children
Bernard L. Schwartz has two children, daughter Andrea Schwartz, and son Marc Schwartz.
Relevant Links
1. [Loral Space & Communications](https://www.loral.com
2. [New York University](https://www.nyu.edu
3. [The New School](https://www.newschool.edu
4. [Forbes Profile](https://www.forbes.com/profile/bernard-schwartz/
5. [Philanthropy Roundtable](https://www.philanthropyroundtable.org
