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Sidney Kimmel

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Sidney Kimmel
Born(1928-01-16)January 16, 1928(age 96)
Philadelphia,Pennsylvania,U.S.
Occupations
  • Businessman
  • film producer
SpouseCaroline Davis

Sidney J. Kimmel(born January 16, 1928) is an American businessman, philanthropist, and film producer. He is ranked 2141st in theForbeslist of the richest people alive in 2021.[1]

Personal life[edit]

Kimmel was born into a Jewish family inPhiladelphia,Pennsylvania, the son of a cab driver.[2][3][4]He attendedTemple University.[5]He now lives in California with his wife Caroline Davis, the former wife ofLeonard Tose.[6]Kimmel is featured onOld Jews Telling Jokes.[3]

Kimmel and his wife boughtJohnny Carson's former estate, a property that sits on the Point Dume promontory in Malibu, California, in 2007 for $46 million. [7]In 2017, they placed the property up for sale for $81.5 million.[8]They reduced the price to $65.2 million in August 2018.[9]

Career[edit]

Kimmel foundedJones Apparel Groupin 1970 while working atW. R. Grace and Company.Five years later, he purchased Jones Apparel Group with a partner. Notable lines produced by Kimmel include Jones New York, Evan-Picone, and9 West;he also has licensing deals withRalph Lauren.He stepped down as chief executive officer of Jones in 2002 and sold most of his shares in the publicly traded company, but remained chairman of the board of directors until the sale of the company to Sycamore Partners in 2014. Kimmel funded the erotic drama9½ Weeks.[10]He owns art, real estate, a film production companySidney Kimmel Entertainment,and a small stake in the professionalNBAbasketball teamMiami Heat.[5]

Sidney Kimmel Entertainment[edit]

Founded in 2004, Sidney Kimmel Entertainment (SKE) is a Los Angeles-based production, finance and distribution company headed by Kimmel. Films produced include SKE andScreen Gems' 2010 remakeDeath at a Funeral,The Kite Runner(2007),United 93,Breach,Lars and the Real Girl,Adventureland,Death at a Funeral,Synecdoche, New York,Gone(2012),The Place Beyond the Pines(2012) andThe Age of Adaline.

Philanthropy[edit]

Kimmel is an active philanthropist with an emphasis on healthcare, education, arts and culture. His goal is to donate $1 billion in total throughout his lifetime.[11][12]

In 1993, Kimmel founded theSidney Kimmel Foundation.The foundation's Cancer Research division pledged to contribute $120 million to institutions serving healthcare, education, arts and culture. Later, in 2001, the Sidney Kimmel Foundation for Cancer Research donated $150 million toJohns Hopkins University.The donation became the largest single gift ever received by the University, and was directed toward the development of a residence for cancer patients undergoing extended treatment. The gift inspired the university to name the residence theSidney Kimmel Comprehensive Cancer Center.In total Kimmel has his name attached to four separate cancer-research centers in Philadelphia, New York, San Diego and Baltimore.[11][12]The Sidney Kimmel Comprehensive Cancer Center atJohns Hopkins Hospital[2]as well as the Sidney Kimmel Comprehensive Cancer Center atThomas Jefferson Universitycarry his name. The Jefferson Medical College was renamed the Sidney Kimmel Medical College ofThomas Jefferson Universityin June 2014, following a $110 million grant from the Sidney Kimmel Foundation, the fifth-largest ever gift to a medical school.[13]As of April 2003, Kimmel and the Sidney Kimmel Foundation had donated an estimated $400 million.[11]

Kimmel has also contributed over $35 million[11][12]to the center for the performing arts in Philadelphia, which is now named TheKimmel Center for the Performing Artsand is home to the world-renownedPhiladelphia Orchestra.Other contributions from Kimmel include a $5 million donation to TheNational Constitution Centerin Philadelphia; a $20 million donation toRaymond and Ruth Perelman Jewish Day Schoolin Philadelphia and $25 million for the establishment of a new prostate and urological cancer center atMemorial Sloan-Ketteringin New York.[12]In 2003 Kimmel pledged $25 million to TheNational Museum of American Jewish Historyin Philadelphia. The construction was said to have cost in total $100 million, and opened in 2006 on the museum's existing site facing Independence Mall.[11][12][14]Kimmel donated $25 million toStand Up To Cancer.

Support for cold fusion research[edit]

Kimmel has given $5.5 million to theUniversity of Missourito create the Sidney Kimmel Institute for Nuclear Renaissance, SKINR, where researchers will"figure out why excess heat has been observed whenhydrogenordeuteriuminteracts with materials such aspalladium,nickelorplatinumunder extreme conditions. ",Originally named "cold fusion,"nowadays the namelow-energy nuclear reaction(LENR) is also used.[15]

Filmography[edit]

Producer

Executive producer

Presenter

References[edit]

  1. ^Forbes: The World's Billionaires – Sidney KimmelApril 2021
  2. ^abAbout Sidney Kimmel.Johns Hopkins Medicine,accessed on May 25, 2011
  3. ^ab"Sidney Kimmel" Sexual Exploits "(253)".Old Jews Telling Jokes.October 31, 2018.RetrievedJuly 17,2020.
  4. ^Silbiger, SteveThe Jewish Phenomenon: Seven Keys to the Enduring Wealth of a Peoplep. 90
  5. ^abThe World's Billionaires – #1014 Sidney Kimmel.Forbes, 2011, accessed on November 9, 2011
  6. ^Philly.com: "The Man Behind The Name On Arts Center" By Peter Dobrin and Stephen SeplowJune 14, 2000
  7. ^Dangremond, Sam (October 19, 2017)."Johnny Carson's Former Malibu Estate Is on the Market for $81.5 Million".Town & Country Magazine.RetrievedJuly 17,2020.
  8. ^Pennel, Julie (October 12, 2017)."Heeeeere's Johnny's house! See late night king's incredible Malibu mansion".Today Show on NBC.RetrievedJuly 19,2020.
  9. ^Leitereg, Neal J. (August 9, 2018)."Former Johnny Carson estate in Malibu now seeks $65.2 million following big price cut".Los Angeles Times.RetrievedJuly 19,2020.
  10. ^Pomerantz, Dorothy. [forbes/2010/1011/rich-list-10-rebooted-rich-sidney-kimmel-hollywood-rags-to-riches "Rags to Riches (Not Exactly)" ].Forbes.RetrievedJuly 26,2019.{{cite web}}:Check|url=value (help)
  11. ^abcdeThe $1 billion man.Philadelphia Business Journal,accessed December 28, 2010.
  12. ^abcdeSidney Kimmel's Philanthropy page.Faces of Philanthropy,accessed December 28, 2010.
  13. ^"Kimmel donates $110M to Jefferson" – Philadelphia Inquirer 18-Jun-2014
  14. ^Announcements.National Museum of American Jewish History,accessed on December 28, 2010.
  15. ^"Billionaire helps fund MU energy research" – Columbia Tribune 10-Feb-2012

External links[edit]

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