Philip Berber: Difference between revisions
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{{Short description|Irish businessman}} |
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|name = Philip Berber |image = |
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|birth_date = 1958 |
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|birth_place = [[Dublin]], Ireland |
|birth_place = [[Dublin]], Ireland |
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|alma_mater = [[University College Dublin]] (B.Comm) |
|alma_mater = [[University College Dublin]] (B.Comm) |
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|occupation = [[Entrepreneurship|Entrepreneur]] |
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|home_town = [[Austin]], [[Texas]] |
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|spouse(s) = Donna Berber |
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'''Philip Berber''' is an [[Irish people|Irish]]-born American technology entrepreneur, now engaged in [[philanthropy]], international aid, [[social entrepreneurship]] and [[impact investing]]. He sold CyBerCorp, his online brokerage for day traders, to [[Charles Schwab Corporation|Charles Schwab]] for $488m in 2000.<ref>{{cite web|title=Schwab buys firm, cuts fee|url=https://money.cnn.com/2000/02/02/technology/schwab/|publisher=CNN|access-date=22 May 2014}}</ref> He and his wife Donna<ref>{{cite journal|last=Stith|first=Carissa|title=Donna Berber|journal=Austin Woman Magazine|date=December 2011|page=68|url=http://www.austinwomanmagazine.com/donna-berber|access-date=22 May 2014|archive-url=https://web.archive.org/web/20111206071411/http://www.austinwomanmagazine.com/donna-berber|archive-date=6 December 2011|url-status=dead}}</ref> then formed and funded [[A Glimmer of Hope Foundation|A Glimmer of Hope]], pledging $100 million of Schwab stock to endow the foundation.<ref>{{cite news|last=Dunn|first=Julie|title=PRIVATE SECTOR; Venture Philanthropy For Africa, Out of Austin|url=https://www.nytimes.com/2000/08/27/business/private-sector-venture-philanthropy-for-africa-out-of-austin.html|access-date=27 May 2014|newspaper=New York Times|date=August 27, 2000}}</ref><ref>{{cite web|title=Feature: A Glimmer of Hope Foundation; How Venture Philanthropists Make a Difference in Ethiopia|url=http://www.synergos.org/globalgivingmatters/features/0107glimmer.htm|access-date=27 May 2014}}</ref><ref>{{cite journal|title=$100M for e-charity - Emphasis on Africa|journal=Philanthropy Journal|date=August 28, 2000|url=http://www.philanthropyjournal.org/archive/56245|access-date=27 May 2014|url-status = dead|archive-url=https://web.archive.org/web/20140528005707/http://www.philanthropyjournal.org/archive/56245|archive-date=28 May 2014}}</ref><ref>{{cite journal|last=Hempel|first=Jessi|title=Online Extra: Investing in the Greater Good|journal=Bloomberg Businessweek|date=November 28, 2004|url=http://www.businessweek.com/stories/2004-11-28/online-extra-investing-in-the-greater-good|archive-url=https://archive.today/20140528062920/http://www.businessweek.com/stories/2004-11-28/online-extra-investing-in-the-greater-good|url-status=dead|archive-date=28 May 2014|access-date=27 May 2014}}</ref> |
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'''Philip Berber''' (born 1958) is an [[Irish people|Irish]] millionaire and [[philanthropist]]. He is well known for his former company, CyBerCorp, which he sold for $488 million in 2000 and his subsequent philanthropy through his and his wife's charity, [[A Glimmer of Hope Foundation]].<ref name="independent.ie">{{Cite News | title = Prodigal son of Cognotec | date = 19 November 2000 | newspaper = [[Irish Independent]] | url = http://www.independent.ie/business/prodigal-son-of-cognotec-516948.html | accessdate = 1 October 2013}}</ref><ref>{{Cite web | url = http://www.aglimmerofhope.org | title = A Glimmer of Hope | accessdate = 1 October 2013}}</ref> |
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He is currently engaged with philanthropy in Austin - by way of Glimmer|Austin- supporting local innovate early-stage non profits and social ventures. Philip is also engaged with Berber Family Investments and BerberFam, their Family Office, and serves on the Glimmer Board. |
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==Early life== |
==Early life== |
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Berber was born in [[Dublin]] in 1958. He attended [[Wesley College |
Berber was born in [[Dublin]], [[Ireland]] in 1958. He attended [[Wesley College (Dublin)|Wesley College]], Dublin and went to [[University College Dublin]] and studied Commerce (B Comm). He moved to [[London]] in 1979 and met his wife Donna a few years later. They moved to [[Houston]], Texas in 1991, and to [[Austin, Texas|Austin]] in 1995 where they live with their three sons. |
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==Business== |
==Business recognition== |
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Berber won the Entrepreneur of the Year award for Central Texas in 2000 and was a national finalist the same year.<ref>{{cite journal|title=Berber is finalist for EOY award|journal=Austin Business Journal|date=Nov 15, 2000|url=http://www.bizjournals.com/austin/stories/2000/11/13/daily24.html|access-date=22 May 2014}}</ref> University College Dublin awarded him with the Outstanding Alumnus Award in 2009,<ref>{{cite web|title=UCD School of Business 100 Years|url=http://www.ucd.ie/business/100years/Centennial_dinner.html|access-date=22 May 2014}}</ref> and that year Wall Street Journal described Berber as the “real star at the Clinton Global Initiative”.<ref>{{cite journal|last=Frank|first=Robert|title=The Real Star at the Clinton Global Initiative|journal=The Wall Street Journal|date=September 23, 2009|url=https://blogs.wsj.com/wealth/2009/09/23/the-real-star-at-the-clinton-global-initiative/|access-date=27 May 2014}}</ref> |
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In 1984 he set up a high-tech London-based company, Financia, which was bought in 1991 by Frontier Financial of Houston.<ref>{{cite news| url=http://www.accessmylibrary.com/coms2/summary_0286-27669847_ITM }}</ref><ref>{{cite news| url=http://www.accessmylibrary.com/coms2/summary_0286-28652854_ITM }}</ref> |
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==Giving== |
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Berber set up CyBerCorp in 1995. It was one of the first online trading firms for retail investors. He would sell the firm to [[Charles Schwab]] in 2000 for $488 million.<ref>{{Cite news | author = Sandeep Junnarkar | title = Charles Schwab buys CyberCorp, cuts commissions | date = 2 February 2000 | newspaper = [[CNET]] | url = http://news.cnet.com/Charles-Schwab-buys-CyberCorp,-cuts-commissions/2100-1017_3-236397.html | accessdate = 1 October 2013}}</ref><ref>{{Cite news | title = Schwab Buys a Day Trader | date = 2 February 2000 | newspaper = [[Wired (magazine)|Wired]] | url = http://www.wired.com/techbiz/media/news/2000/02/34047 | accessdate = 1 October 2013 | deadurl=yes}} {{Dead link|date=April 2014|bot=RjwilmsiBot}}</ref> |
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Berber is Chairman and co founder of A Glimmer of Hope,<ref>{{cite web|title=About Us {{!}} A Glimmer of Hope|url=http://aglimmerofhope.org/about-glimmer/about-us|work=A Glimmer of Hope|access-date=22 May 2014}}</ref> a family foundation and international NGO, formed and funded by Berber and his wife Donna<ref>{{cite journal|last=Stith|first=Carissa|title=Donna Berber|journal=Austin Woman Magazine|date=December 2011|page=68|url=http://www.austinwomanmagazine.com/donna-berber|access-date=22 May 2014|archive-url=https://web.archive.org/web/20111206071411/http://www.austinwomanmagazine.com/donna-berber|archive-date=6 December 2011|url-status=dead}}</ref> in 2000. |
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BusinessWeek listed the Berbers at #40 amongst “the 50 most generous philanthropists” in 2002.<ref>{{cite journal|title=Graphic: The 50 Most Generous Philanthropists|journal=Bloomberg Businessweek|date=December 1, 2002|url=http://www.businessweek.com/stories/2002-12-01/graphic-the-50-most-generous-philanthropists|archive-url=https://archive.today/20140528062841/http://www.businessweek.com/stories/2002-12-01/graphic-the-50-most-generous-philanthropists|url-status=dead|archive-date=28 May 2014|access-date=27 May 2014}}</ref> |
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==Philanthropy== |
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Berber and his wife Donna, became heavily involved in philanthropy following the sale of his business. They pledged $100 million in Schwab stock to the [[A Glimmer of Hope Foundation]].<ref name="synergos.org">{{Cite web | title = Feature: A Glimmer of Hope Foundation | date = June-July 2001 | website = Global Giving Matters ([[Synergos]]) | url = http://www.synergos.org/globalgivingmatters/features/0107glimmer.htm | accessdate = 1 October 2013}}</ref><ref>{{Cite news | author = Julie Dunn | title = PRIVATE SECTOR; Venture Philanthropy For Africa, Out of Austin | date = 27 August 2000 | newspaper = [[The New York Times]] | url = http://www.nytimes.com/2000/08/27/business/private-sector-venture-philanthropy-for-africa-out-of-austin.html | accessdate = 1 October 2013}}</ref> He is now chairman of the foundation.<ref name="synergos.org"/> |
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Barron’s ranked the Berbers as sixth in the world on the list of “The 25 Best Givers" in 2009 <ref>{{cite journal|last=McGee|first=Suzanne|title=The 25 Best Givers|journal=Barron's|date=November 30, 2009|url=http://online.barrons.com/news/articles/SB125935466529866955|access-date=27 May 2014}}</ref><ref>{{cite web|title=Barron’s Magazine has ranked Donna and Philip Berber of Austin, Texas sixth on its list of The World’s Top 25 Philanthropists|url=http://www.txnp.org/Article/?ArticleID=11256|work=Texas Non Profits|access-date=27 May 2014}}</ref> and 7th in 2010.<ref>{{cite journal|last=McGee|first=Suzanne|title=The 25 Best Givers|journal=Barron's|date=December 6, 2010|url=http://online.barrons.com/news/articles/SB50001424052970204869904575620981420096098|access-date=22 May 2014}}</ref> |
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He has also donated to his alma mater, UCD, donating money towards their business school. The atrium of the Quinn School of Business is named in his honour. |
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The Berbers and Glimmer were featured in the book [[Richistan]].<ref>{{cite web|last=Gunderson|first=Ryan|title=Richistan|url=http://richesforgood.blogspot.com/2008/01/richistan.html|access-date=27 May 2014}}</ref> |
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{{reflist}} |
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==Ventures== |
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In 2011, Berber was involved at the early stages of Circuit of the Americas (COTA), which brought Formula One back to the US.<ref>{{cite web|title=CoTA’S Featured Fan: Philip Berber|url=http://circuitoftheamericas.com/articles/cotas-featured-fan-philip-berber|access-date=22 May 2014|archive-url=https://web.archive.org/web/20140525195928/http://circuitoftheamericas.com/articles/cotas-featured-fan-philip-berber|archive-date=25 May 2014|url-status=dead}}</ref> |
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{{Reflist}} |
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{{Authority control}} |
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{{Persondata <!-- Metadata: see [[Wikipedia:Persondata]]. --> |
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| NAME = Berber, Philip |
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| DATE OF BIRTH = 1958 |
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| PLACE OF BIRTH = [[Dublin]], Ireland |
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| DATE OF DEATH = |
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{{DEFAULTSORT:Berber, Philip}} |
{{DEFAULTSORT:Berber, Philip}} |
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[[Category:1958 births]] |
[[Category:1958 births]] |
Latest revision as of 19:46, 8 July 2024
Philip Berber | |
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Born | 1958 (age 65–66) Dublin, Ireland |
Nationality | Irish American |
Alma mater | University College Dublin (B.Comm) |
Occupation | Entrepreneur |
Spouse | Donna Berber |
Philip Berber is an Irish-born American technology entrepreneur, now engaged in philanthropy, international aid, social entrepreneurship and impact investing. He sold CyBerCorp, his online brokerage for day traders, to Charles Schwab for $488m in 2000.[1] He and his wife Donna[2] then formed and funded A Glimmer of Hope, pledging $100 million of Schwab stock to endow the foundation.[3][4][5][6]
He is currently engaged with philanthropy in Austin - by way of Glimmer|Austin- supporting local innovate early-stage non profits and social ventures. Philip is also engaged with Berber Family Investments and BerberFam, their Family Office, and serves on the Glimmer Board.
Early life
[edit]Berber was born in Dublin, Ireland in 1958. He attended Wesley College, Dublin and went to University College Dublin and studied Commerce (B Comm). He moved to London in 1979 and met his wife Donna a few years later. They moved to Houston, Texas in 1991, and to Austin in 1995 where they live with their three sons.
Business recognition
[edit]Berber won the Entrepreneur of the Year award for Central Texas in 2000 and was a national finalist the same year.[7] University College Dublin awarded him with the Outstanding Alumnus Award in 2009,[8] and that year Wall Street Journal described Berber as the “real star at the Clinton Global Initiative”.[9]
Giving
[edit]Berber is Chairman and co founder of A Glimmer of Hope,[10] a family foundation and international NGO, formed and funded by Berber and his wife Donna[11] in 2000.
BusinessWeek listed the Berbers at #40 amongst “the 50 most generous philanthropists” in 2002.[12]
Barron’s ranked the Berbers as sixth in the world on the list of “The 25 Best Givers" in 2009 [13][14] and 7th in 2010.[15]
The Berbers and Glimmer were featured in the book Richistan.[16]
Ventures
[edit]In 2011, Berber was involved at the early stages of Circuit of the Americas (COTA), which brought Formula One back to the US.[17]
References
[edit]- ^ "Schwab buys firm, cuts fee". CNN. Retrieved 22 May 2014.
- ^ Stith, Carissa (December 2011). "Donna Berber". Austin Woman Magazine: 68. Archived from the original on 6 December 2011. Retrieved 22 May 2014.
- ^ Dunn, Julie (27 August 2000). "PRIVATE SECTOR; Venture Philanthropy For Africa, Out of Austin". New York Times. Retrieved 27 May 2014.
- ^ "Feature: A Glimmer of Hope Foundation; How Venture Philanthropists Make a Difference in Ethiopia". Retrieved 27 May 2014.
- ^ "$100M for e-charity - Emphasis on Africa". Philanthropy Journal. 28 August 2000. Archived from the original on 28 May 2014. Retrieved 27 May 2014.
- ^ Hempel, Jessi (28 November 2004). "Online Extra: Investing in the Greater Good". Bloomberg Businessweek. Archived from the original on 28 May 2014. Retrieved 27 May 2014.
- ^ "Berber is finalist for EOY award". Austin Business Journal. 15 November 2000. Retrieved 22 May 2014.
- ^ "UCD School of Business 100 Years". Retrieved 22 May 2014.
- ^ Frank, Robert (23 September 2009). "The Real Star at the Clinton Global Initiative". The Wall Street Journal. Retrieved 27 May 2014.
- ^ "About Us | A Glimmer of Hope". A Glimmer of Hope. Retrieved 22 May 2014.
- ^ Stith, Carissa (December 2011). "Donna Berber". Austin Woman Magazine: 68. Archived from the original on 6 December 2011. Retrieved 22 May 2014.
- ^ "Graphic: The 50 Most Generous Philanthropists". Bloomberg Businessweek. 1 December 2002. Archived from the original on 28 May 2014. Retrieved 27 May 2014.
- ^ McGee, Suzanne (30 November 2009). "The 25 Best Givers". Barron's. Retrieved 27 May 2014.
- ^ "Barron's Magazine has ranked Donna and Philip Berber of Austin, Texas sixth on its list of The World's Top 25 Philanthropists". Texas Non Profits. Retrieved 27 May 2014.
- ^ McGee, Suzanne (6 December 2010). "The 25 Best Givers". Barron's. Retrieved 22 May 2014.
- ^ Gunderson, Ryan. "Richistan". Retrieved 27 May 2014.
- ^ "CoTA'S Featured Fan: Philip Berber". Archived from the original on 25 May 2014. Retrieved 22 May 2014.