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{{Short description|Businessperson}}
{{Infobox person
{{Infobox person
| name = Neil G. Bluhm
| name = Neil G. Bluhm
| birth_date = {{birth year and age|1938}}
| birth_date = {{birth year and age|1938}}
| birth_place = [[Chicago]], Illinois, US
| birth_place = [[Chicago]], Illinois, US
| alma_mater = [[University of Illinois at Urbana-Champaign|University of Illinois]] (BA)<br>[[Northwestern University Pritzker School of Law]] (JD)
| alma_mater = [[University of Illinois at Urbana-Champaign|University of Illinois]] (B.A.)<br>[[Northwestern University Pritzker School of Law|Northwestern University]] (J.D.)
| nationality =
| nationality =
| occupation = Businessman
| occupation = Businessman
| known_for = Commercial real estate, casinos
| known_for = Commercial real estate, casinos
| spouse = Barbara Bluhm-Kaul (divorced)
| spouse = Kimberly Paige Bluhm (m. 2022), Barbara Bluhm-Kaul (divorced)
| children = 3
| children = 3
}}
}}
'''Neil Gary Bluhm''' (born 1938) is an American [[billionaire]] real estate and casino [[magnate]]. He is a partner of Midwest Gaming & Entertainment, which owns several casinos.<ref name=nextbig/><ref>{{cite news | first=Melissa | last=Harris | title=Knowing when to hold them | work=[[Chicago Tribune]] | date=July 17, 2011 | url=https://www.chicagotribune.com/business/ct-xpm-2011-07-17-ct-biz-0717-confidential-casino-20110717-story.html | url-access=subscription}}</ref><ref>{{cite news | url=https://www.chicagotribune.com/business/ct-confidential-laredo-hospitality-0317-biz-20150316-column.html | work=[[Chicago Tribune]] | title=Son of billionaire casino magnate Neil Bluhm invests in competitor | first=Melissa | last=Harris| date=March 16, 2015}}</ref> He had an estimated net worth of US$6.8 billion in September 2021.<ref name="forbes" />
'''Neil Gary Bluhm''' (born 1938) is an American [[billionaire]] real estate and casino [[magnate]]. He is a partner of Midwest Gaming & Entertainment, which owns several casinos.<ref name=nextbig/><ref>{{cite news | first=Melissa | last=Harris | title=Knowing when to hold them | work=[[Chicago Tribune]] | date=July 17, 2011 | url=https://www.chicagotribune.com/business/ct-xpm-2011-07-17-ct-biz-0717-confidential-casino-20110717-story.html | url-access=subscription}}</ref><ref>{{cite news | url=https://www.chicagotribune.com/business/ct-confidential-laredo-hospitality-0317-biz-20150316-column.html | work=[[Chicago Tribune]] | title=Son of billionaire casino magnate Neil Bluhm invests in competitor | first=Melissa | last=Harris| date=March 16, 2015}}</ref> He had an estimated net worth of US$7 billion in October 2021.<ref name="forbes" />


==Early life==
==Early life==
Bluhm was born to a Jewish family in 1938 in Chicago.<ref name=forbes/><ref>{{cite book | url=https://books.google.com/books?id=85k85NhemBgC&pg=PA178 | title=The Jews of Chicago: From Shtetl to Suburb | first=Irving | last=Cutler | publisher=[[University of Illinois Press]] | date=1996| isbn=9780252021855 }}</ref> His father left the family when he was 13, and his mother worked as a [[bookkeeper]].<ref name=nextbig>{{cite news | first=Anna Marie | last=Kukec | title=Rivers Casino dealmaker eyes the next big project | work=[[Daily Herald (Arlington Heights)|The Daily Herald]] | date=July 25, 2011 | url=https://www.dailyherald.com/article/20110725/news/707259959/}}</ref> He grew up in a cramped apartment near his immigrant grandparents. He attended a high school on Chicago's northwest side.<ref name=big>{{cite news | url=https://www.nytimes.com/1987/06/13/business/a-realty-concern-with-a-big-appetite.html | title=A REALTY CONCERN WITH A BIG APPETITE | first=Stephen | last=Phillips | work=[[The New York Times]] | date=June 13, 1987 | url-access=subscription}}</ref>
Bluhm was born to a Jewish family in 1938 in Chicago.<ref name=forbes/><ref>{{cite book | url=https://books.google.com/books?id=85k85NhemBgC&pg=PA178 | title=The Jews of Chicago: From Shtetl to Suburb | first=Irving | last=Cutler | publisher=[[University of Illinois Press]] | date=1996| isbn=9780252021855 }}</ref> His father left the family when he was 13, and his mother worked as a [[bookkeeper]].<ref name="nextbig">{{cite news |last= |first= |date=July 22, 2022 |title=Board Member Confirmation: Leslie Bluhn |work=www.americorps.gov |url=https://americorps.gov/newsroom/news/board-member-confirmation-chicago-nonprofit-leader-leslie-bluhm}}</ref> He grew up in a cramped apartment near his immigrant grandparents. He attended a high school on Chicago's northwest side.<ref name=big>{{cite news | url=https://www.nytimes.com/1987/06/13/business/a-realty-concern-with-a-big-appetite.html | title=A REALTY CONCERN WITH A BIG APPETITE | first=Stephen | last=Phillips | work=[[The New York Times]] | date=June 13, 1987 | url-access=subscription}}</ref>


He graduated from the [[University of Illinois at Urbana-Champaign]] in 1959, studying accounting, and in 1962, he received a [[juris doctor]] degree from [[Northwestern University]].<ref name=forbes/><ref name=nextbig/> In 2009, he received Northwestern’s Alumni Medal, the highest honor an alumnus can receive from the university.<ref>{{cite web | url=https://www.law.northwestern.edu/campaign/gifts/bluhm/index.html | title=Motion to Lead: The Campaign for Northwestern Pritzker School of Law | publisher=[[Northwestern University]]}}</ref>
He graduated from the [[University of Illinois at Urbana-Champaign]] in 1959, studying accounting, and in 1962, he received a [[juris doctor]] degree from [[Northwestern University]].<ref name=forbes/><ref name=nextbig/> In 2009, he received Northwestern's Alumni Medal, the highest honor an alumnus can receive from the university.<ref>{{cite web | url=https://www.law.northwestern.edu/campaign/gifts/bluhm/index.html | title=Motion to Lead: The Campaign for Northwestern Pritzker School of Law | publisher=[[Northwestern University]]}}</ref>
==Career==
==Career==
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In 1994, he co-founded [[Walton Street Capital]], a private equity firm. Soon thereafter, with Greg Carlin, he co-founded Rush Street Gaming.<ref name=rush/>
In 1994, he co-founded [[Walton Street Capital]], a private equity firm. Soon thereafter, with Greg Carlin, he co-founded Rush Street Gaming.<ref name=rush/>


Bluhm owns real estate in Chicago and elsewhere, including Chicago's 900 North Michigan and Four Seasons and Ritz Carlton Hotels.{{citation needed|date=November 2019}} He is a minority owner of the [[Chicago Bulls]] and [[Chicago White Sox]].<ref>{{cite web|year=2016|title=Media Guide|publisher=[[Chicago Bulls]]|page=7|url=https://www.nba.com/.element/media/2.0/teamsites/bulls/docs/ChicagoBulls_MG_1617.pdf}}</ref><ref>{{cite magazine|magazine=[[Forbes]]|title=Neil Bluhm|url=https://www.forbes.com/profile/neil-bluhm/|quote=He [Bluhm] owns a minority stake in the [[Chicago Bulls]] and [[Chicago White Sox]].|access-date=2020-09-07}}</ref>
Bluhm and his children own real estate in Chicago and elsewhere, including Chicago's 900 North Michigan and Four Seasons and Ritz Carlton Hotels. The family is a minority owner of the [[Chicago Bulls]] and [[Chicago White Sox]].<ref>{{cite web|year=2016|title=Media Guide|publisher=[[Chicago Bulls]]|page=7|url=https://www.nba.com/.element/media/2.0/teamsites/bulls/docs/ChicagoBulls_MG_1617.pdf}}</ref><ref>{{cite magazine|magazine=[[Forbes]]|title=Neil Bluhm|url=https://www.forbes.com/profile/neil-bluhm/|quote=He [Bluhm] owns a minority stake in the [[Chicago Bulls]] and [[Chicago White Sox]].|access-date=2020-09-07}}</ref>


According to ''Forbes'', he had a net worth of US$5.2 billion in July 2021.<ref name=forbes>{{cite magazine | title=Neil Bluhm | url=https://www.forbes.com/profile/neil-bluhm/ | magazine=[[Forbes]]| access-date=18 July 2021}}</ref>
According to ''Forbes'', he had a net worth of US$7.0 billion in October 2021.<ref name=forbes>{{cite magazine | title=Neil Bluhm | url=https://www.forbes.com/profile/neil-bluhm/ | magazine=[[Forbes]]| access-date=18 July 2021}}</ref>


==Personal life==
==Personal life==
He is divorced from art collector and philanthropist Barbara Bluhm-Kaul. They have 3 children: Andy Bluhm, who runs [[hedge fund]] Delaware Street Capital;<ref name=nextbig/> Leslie Bluhm, who co-founded [[Chicago Cares]],<ref name=nextbig/> and currently serves as a Director on the Board of [[AmeriCorps]] under the [[Biden administration]],<ref name="nextbig" /> and Meredith Bluhm-Wolf, who helps direct the family's business and charitable foundation.<ref name=nextbig/> He is currently married to Kimberly Paige Bluhm.<ref>{{Cite web |last=Hofheinz |first=Darrell |title=Real estate, casino billionaire Bluhm on buyer's side of $7.4M Palm Beach condo deal |url=https://www.palmbeachdailynews.com/story/business/real-estate/2020/09/14/billionaire-bluhm-buyers-side-7-4-million-palm-beach-condo/5792548002/ |access-date=2024-01-03 |website=Palm Beach Daily News |language=en-US}}</ref>
He is divorced from Barbara Bluhm-Kaul. They have 3 children: Andy Bluhm, who runs [[hedge fund]] Delaware Street Capital;<ref name=nextbig/>
Leslie Bluhm, who co-founded [[Chicago Cares]],<ref name=nextbig/> and Meredith Bluhm-Wolf, a philanthropist.<ref name=nextbig/>


He lives in Chicago.<ref name=forbes/> In December 2018, he purchased an apartment near Miami for $20 million.<ref>{{cite news | url=https://www.chicagobusiness.com/residential-real-estate/neil-bluhm-buys-20-million-florida-condo | title=Neil Bluhm buys $20 million Florida condo | first=DENNIS | last=RODKIN | work=[[Crain Communications]] | date=December 4, 2018}}</ref>
He lives in Chicago.<ref name=forbes/> In December 2018, he purchased an apartment near Miami for $20 million.<ref>{{cite news | url=https://www.chicagobusiness.com/residential-real-estate/neil-bluhm-buys-20-million-florida-condo | title=Neil Bluhm buys $20 million Florida condo | first=DENNIS | last=RODKIN | work=[[Crain Communications]] | date=December 4, 2018}}</ref>
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In 2005, he funded the Bluhm Cardiovascular Institute with a $10 million gift.<ref>{{cite news | url=https://www.chicagobusiness.com/article/20150227/ISSUE09/150229877/how-billionaire-bluhm-s-cleveland-clinic-outreach-led-to-northwestern-s-cardiovascular-institute | title=Billionaire developer Bluhm's favorite project | first=Shia | last=Kapos | work=[[Crain Communications]] | date=February 27, 2015}}</ref>
In 2005, he funded the Bluhm Cardiovascular Institute with a $10 million gift.<ref>{{cite news | url=https://www.chicagobusiness.com/article/20150227/ISSUE09/150229877/how-billionaire-bluhm-s-cleveland-clinic-outreach-led-to-northwestern-s-cardiovascular-institute | title=Billionaire developer Bluhm's favorite project | first=Shia | last=Kapos | work=[[Crain Communications]] | date=February 27, 2015}}</ref>


In 2013, he made a $25 million gift to Northwestern University, including $15 million earmarked for the [[Northwestern University Pritzker School of Law]].<ref>{{cite news | url=https://www.bizjournals.com/chicago/news/2013/12/17/nu-school-of-law-receives-its-largest-gift-ever.html | title=NU School of Law receives its largest gift ever | first=Lewis | last=Lazare | work=[[American City Business Journals]] | date=December 17, 2013}}</ref>
In 2013, he made a $25 million gift to [[Northwestern University]], including $15 million earmarked for the [[Northwestern University Pritzker School of Law]].<ref>{{cite news | url=https://www.bizjournals.com/chicago/news/2013/12/17/nu-school-of-law-receives-its-largest-gift-ever.html | title=NU School of Law receives its largest gift ever | first=Lewis | last=Lazare | work=[[American City Business Journals]] | date=December 17, 2013}}</ref>


In 2015, he made a $1 million donation to the [[School of the Art Institute of Chicago]].<ref>{{cite news | url=https://www.chicagobusiness.com/article/20150902/BLOGS03/150909963/school-of-art-institute-gets-1-million-gifts-from-neil-bluhm-holly-hunt | title=Neil Bluhm, Holly Hunt each donate $1 million to School of Art Institute | first=Shia | last=Kapos | work=[[Crain Communications]] | date=September 2, 2015}}</ref>
In 2015, he made a $1 million donation to the [[School of the Art Institute of Chicago]].<ref>{{cite news | url=https://www.chicagobusiness.com/article/20150902/BLOGS03/150909963/school-of-art-institute-gets-1-million-gifts-from-neil-bluhm-holly-hunt | title=Neil Bluhm, Holly Hunt each donate $1 million to School of Art Institute | first=Shia | last=Kapos | work=[[Crain Communications]] | date=September 2, 2015}}</ref>

In 2022, he made a $45 million donation to Northwestern Medicine to establish the Bluhm Heart Hospital.<ref>{{cite news | url=https://www.chicagotribune.com/business/ct-biz-northwestern-bluhm-donation-heart-hospital-20220214-ba5o75vbifcljkw5sam6ngvz4q-story.html | title=Northwestern plans new 'heart hospital,' with $45 million donation from billionaire Neil Bluhm | first=Lisa | last=Schencker | work=[[Chicago Tribune]] | date=February 14, 2022}}</ref>


==References==
==References==
{{Reflist|1}}
{{Reflist|2}}


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[[Category:Gies College of Business alumni]]
[[Category:Gies College of Business alumni]]
[[Category:Northwestern University Pritzker School of Law alumni]]
[[Category:Northwestern University Pritzker School of Law alumni]]
[[Category:Jewish American philanthropists]]
[[Category:21st-century American philanthropists]]
[[Category:American billionaires]]
[[Category:American billionaires]]
[[Category:Illinois Democrats]]
[[Category:Illinois Democrats]]
[[Category:American real estate businesspeople]]
[[Category:American businesspeople in real estate]]
[[Category:American casino industry businesspeople]]
[[Category:American casino industry businesspeople]]
[[Category:21st-century American Jews]]
[[Category:People associated with Mayer Brown]]

Latest revision as of 00:09, 16 August 2024

Neil G. Bluhm
Born1938 (age 85–86)
Chicago, Illinois, US
Alma materUniversity of Illinois (B.A.)
Northwestern University (J.D.)
OccupationBusinessman
Known forCommercial real estate, casinos
Spouse(s)Kimberly Paige Bluhm (m. 2022), Barbara Bluhm-Kaul (divorced)
Children3

Neil Gary Bluhm (born 1938) is an American billionaire real estate and casino magnate. He is a partner of Midwest Gaming & Entertainment, which owns several casinos.[1][2][3] He had an estimated net worth of US$7 billion in October 2021.[4]

Early life

[edit]

Bluhm was born to a Jewish family in 1938 in Chicago.[4][5] His father left the family when he was 13, and his mother worked as a bookkeeper.[1] He grew up in a cramped apartment near his immigrant grandparents. He attended a high school on Chicago's northwest side.[6]

He graduated from the University of Illinois at Urbana-Champaign in 1959, studying accounting, and in 1962, he received a juris doctor degree from Northwestern University.[4][1] In 2009, he received Northwestern's Alumni Medal, the highest honor an alumnus can receive from the university.[7]

Career

[edit]

He started his career as a lawyer and eventually a partner in the Chicago law firm of Mayer, Brown & Platt. In 1969, he co-founded JMB Realty[1] with Judd Malkin, his high school friend and college roommate.[8][6]

In 1994, he co-founded Walton Street Capital, a private equity firm. Soon thereafter, with Greg Carlin, he co-founded Rush Street Gaming.[8]

Bluhm and his children own real estate in Chicago and elsewhere, including Chicago's 900 North Michigan and Four Seasons and Ritz Carlton Hotels. The family is a minority owner of the Chicago Bulls and Chicago White Sox.[9][10]

According to Forbes, he had a net worth of US$7.0 billion in October 2021.[4]

Personal life

[edit]

He is divorced from art collector and philanthropist Barbara Bluhm-Kaul. They have 3 children: Andy Bluhm, who runs hedge fund Delaware Street Capital;[1] Leslie Bluhm, who co-founded Chicago Cares,[1] and currently serves as a Director on the Board of AmeriCorps under the Biden administration,[1] and Meredith Bluhm-Wolf, who helps direct the family's business and charitable foundation.[1] He is currently married to Kimberly Paige Bluhm.[11]

He lives in Chicago.[4] In December 2018, he purchased an apartment near Miami for $20 million.[12]

An art patron, he sits on the board of trustees of the Art Institute of Chicago and the Whitney Museum of American Art.[4] He has an art collection worth $300 million.[4] He sits on the board of trustees of Northwestern University.[13]

Political contributions

[edit]

Bluhm is a Democrat. He hosted President Barack Obama's 49th birthday party, where admission cost a $30,000 donation to the Democratic National Committee.[4][1] He has contributed to the campaigns of Hillary Clinton, Dick Durbin, Melissa Bean, Rahm Emanuel, Lisa Madigan, Rod Blagojevich, Lou Lang, and Michael Madigan.[1] In 2017, Bluhm was criticized after calling in a request to Rahm Emanuel after making a $300,000 contribution.[14]

Philanthropy

[edit]

In 2005, he funded the Bluhm Cardiovascular Institute with a $10 million gift.[15]

In 2013, he made a $25 million gift to Northwestern University, including $15 million earmarked for the Northwestern University Pritzker School of Law.[16]

In 2015, he made a $1 million donation to the School of the Art Institute of Chicago.[17]

In 2022, he made a $45 million donation to Northwestern Medicine to establish the Bluhm Heart Hospital.[18]

References

[edit]
  1. ^ a b c d e f g h i j "Board Member Confirmation: Leslie Bluhn". www.americorps.gov. July 22, 2022.
  2. ^ Harris, Melissa (July 17, 2011). "Knowing when to hold them". Chicago Tribune.
  3. ^ Harris, Melissa (March 16, 2015). "Son of billionaire casino magnate Neil Bluhm invests in competitor". Chicago Tribune.
  4. ^ a b c d e f g h "Neil Bluhm". Forbes. Retrieved 18 July 2021.
  5. ^ Cutler, Irving (1996). The Jews of Chicago: From Shtetl to Suburb. University of Illinois Press. ISBN 9780252021855.
  6. ^ a b Phillips, Stephen (June 13, 1987). "A REALTY CONCERN WITH A BIG APPETITE". The New York Times.
  7. ^ "Motion to Lead: The Campaign for Northwestern Pritzker School of Law". Northwestern University.
  8. ^ a b "Neil Bluhm". Rush Street Gaming.
  9. ^ "Media Guide" (PDF). Chicago Bulls. 2016. p. 7.
  10. ^ "Neil Bluhm". Forbes. Retrieved 2020-09-07. He [Bluhm] owns a minority stake in the Chicago Bulls and Chicago White Sox.
  11. ^ Hofheinz, Darrell. "Real estate, casino billionaire Bluhm on buyer's side of $7.4M Palm Beach condo deal". Palm Beach Daily News. Retrieved 2024-01-03.
  12. ^ RODKIN, DENNIS (December 4, 2018). "Neil Bluhm buys $20 million Florida condo". Crain Communications.
  13. ^ "Life Trustees: Administration and Planning". Northwestern University.
  14. ^ Neubauer, Chuck; Bergo, Sandy (January 9, 2017). "Rahm Emails Show Casino Chief Sought Help After Family Contributed To Mayor". Better Government Association.
  15. ^ Kapos, Shia (February 27, 2015). "Billionaire developer Bluhm's favorite project". Crain Communications.
  16. ^ Lazare, Lewis (December 17, 2013). "NU School of Law receives its largest gift ever". American City Business Journals.
  17. ^ Kapos, Shia (September 2, 2015). "Neil Bluhm, Holly Hunt each donate $1 million to School of Art Institute". Crain Communications.
  18. ^ Schencker, Lisa (February 14, 2022). "Northwestern plans new 'heart hospital,' with $45 million donation from billionaire Neil Bluhm". Chicago Tribune.
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