Edgar Bronfman Sr Net Worth
Edgar Bronfman Sr. Net Worth: Edgar Bronfman Sr. was a Canadian-American businessman who had a net worth of $2.5 billion at the time of his death. Edgar Bronfman Sr. earned his net worth while serving as President, Treasurer and Director of Seagrams Ltd. Born on June 20, 1929, in Montreal, Quebec, Canada, Edgar Miles Bronfman is best known as the heir to the Seagram fortune.
It was his Russian immigrant father who started making money smuggling whisky across the U.S.-Canadian border before buying the world’s largest distiller, Seagram Company Ltd, in 1928. Edgar joined the family business in 1950 after graduating with a bachelor’s degree. Williams College. Seven years later, he became the head of Seagram’s U.S. subsidiary. Edgar Bronfman Sr expanded the product range, improved the distribution process, and expanded the company’s overall global sales. In 1971, following the death of his father, he took over as President, Treasurer and Director of Distillers Corporation-Seagrams Ltd. His son Edgar Jr. succeeded him as CEO in 1994. In addition to Seagram Company Ltd, Bronfman Sr is known for his leadership of the World Jewish Congress (WJC), an international federation of Jewish communities and organisations. Being a great philanthropist, he also donated a lot of money to charities. As for his private life, he has been married five times (twice with his third wife) and is the father of seven children. Edgar Bronfman Sr. passed away on December 21, 2013.
