Sam Zell illness has been the most searched topic on the internet as many are curious to know about it. This article will also provide you with insight on his family and net worth.
Samuel Zell was a multibillionaire businessman from the United States. He established and served as chairman of Equity Group Investments, a private investment company that was established in 1968.
The late businessman started working in real estate while still in school. He was given free housing and board in exchange for managing a 15-unit apartment complex.
The late multibillionaire also controlled the Schwinn Bicycle Company, Revco, Broadway Stores, a network of department stores, Santa Fe Energy Resources, and Sealy Mattress.
Moreover, along with his popularity in the real estate business, he was also able to gain attention in his personal life.
Sam Zell Illness And Health Before Death
People on the internet have been curious to know about the public figure’s illness and health before death.
As per the sources, the multibillionaire passed away on Thursday, May 18, 2023, due to complications from his recent illness.
However, it is not clear what the late businessman suffered from that led to his death. The authorities have also not provided much information regarding it to the media yet.
The business icon was a self-made person, and his work inspired many people throughout the generations in the business field.
Over the course of his more than 60-year career, he founded and expanded hundreds of businesses, creating countless jobs.
Sam Zell family
The late businessman was a married man. He was married to Helen Zell, the executive director of the Zell Family Foundation.
The couple had been together until the multibillionaire’s death. However, they did not mention their marriage date or how long they have been together.
Before being with Helen, the business icon had two broken marriages, and from his first marriage, he had two children: a son, Matthew, and a daughter, JoAnn.
In addition, during his second marriage, the public personality adopted a daughter named Kellie.
Moreover, it is unclear if the late real estate investor had any children with his third wife or not, as he did not reveal much about their personal lives online.
Sam Zell Net Worth 2023
According to Celebrity Net Worth, the late business icon had a net worth of $6 billion at the time of his death.
The late entrepreneur held stakes in and served as chairman of a number of publicly traded firms that are listed on the New York Stock Exchange, including Equity Residential, Equity LifeStyle Properties, Equity Commonwealth, Covanta Holding Corp., and Anixter.
The late investor was into the real estate business while he was just a student. By the time he graduated, that business was generating $150,000.
Zell worked as a lawyer for one week after graduating before determining that he was not cut out for the legal field.
Sam launched the company that would become Equity Group Investments in 1968, and Robert H. Lurie, his previous business partner, joined him there a year later.
In addition, the late business icon purchased a majority stake in the Tribune Company, which owns the Chicago Tribune, among other publications, in January 2008.
Moreover, the late investor had great knowledge of the investment market and was able to make a profit on it.