A. Alfred Taubman bigraphy, stories - American businessman

A. Alfred Taubman : biography

January 31, 1924 -

Adolph Alfred Taubman (born January 31, 1924)Taubman, A. Alfred. excerpt from "Threshold Resistance: The Extraordinary Career of a Luxury Retailing Pioneer" - HarperCollins Publishers is an American real estate developer and philanthropist from Michigan. He pioneered the modern shopping mall concept and was described by CBS News as a "legend in retailing" who became wealthy developing upscale shopping malls. He built shopping mall developer Taubman Centers into a retailing powerhouse. He wrote Threshold Resistance: The Extraordinary Career of a Luxury Retailing Pioneer in 2007.

Personal life

Taubman has been married twice:

  • In 1948, Taubman married his college sweetheart, Reva Kolodney. In 1977, they divorced after 29 years of marriage. retrieved August 10, 2012 They had three children:
    • Gayle Taubman Kalisman (b. 1951) is co-chair of the Taubman Institute and a University of Michigan alumn. Spring 2011
    • Robert S. Taubman (b. 1953) serves as Chairman, President and Chief Executive Officer of the Taubman Company. retrieved August 10, 2012
    • William S. Taubman (b. 1958) serves as Chief Operating Officer of the Taubman Company. retrieved August 10, 2012

In 1982, he married Judith Mazor Rounick (b. 1943 as Jehudit Mazor), the daughter of a paste jewelry importer-exporter and a former Miss Israel in 1962. retrieved August 10, 2012 Judy grew up in Israel and had two children from a previous marriage to clothing manufacturer Herbert Rounick: Christopher Rounick and Tiffany Rounick Dubin (formerly married to real estate developer Louis Dubin). September 26, 1999 Judith's brother is Boaz Mazor who is the sales director for Oscar de la Renta.]: Sunday in New York] March 27, 2006 August 22, 2004

Shopping mall development

Taubman studied architecture at the University of Michigan where he was a member of Zeta Beta Tau Fraternity and Lawrence Technological University, but graduated from neither. He wondered where middle-class families moving to the suburbs would shop. "Demographically, I looked at the numbers, and as far as I was concerned we couldn't miss. And we didn't," he said. Taubman chose upscale areas for lavish shopping centers, offering fountains and prestigious anchor stores like Neiman Marcus. Taubman is famous for his attention to detail such as choosing terrazzo tiles at Short Hills. He said: "|The only point that the customer actually touches the shopping center is the floor. They've got traction as they're walking. Very important. Some of our competitors put in carpet. Carpet's the worst thing you can have because it creates friction." Real estate developer and partner Louis Dubin spoke glowingly about Taubman: "He is the most knowledgeable person I have ever met with the planning and design of real estate ... He's an incredible adviser. There's not a building we build that we don't ask him to look at the plans. He critiques everything–the parking, the closets. He's very meticulous. He has the best eye I've ever seen in my life.

Taubman's hard work and business acumen paid off. Developments such as the Mall at Short Hills in New Jersey continue to be ranked among the most profitable shopping centers in the country. Since the early years, he made a fortune which Forbes magazine estimated at $2 billion. He married Judith Mazor who was the 1962 Miss Israel. Forbes 2001 400 Richest Americans Forbes 2006 400 Richest Americans - 09.21.06 He was on the list of Forbes 400 Richest Americans for two decades.

Taubman bought A&W Restaurants in 1982. @ A&W Rootbeer He said, "There is more similarity in a precious painting by Degas and a frosted mug of root beer than you ever thought possible."@ Bartleby.com He sold A&W to Sagittarius Acquisitions in December 1994.

From 1983 to 1984, Taubman was the majority owner of the Michigan Panthers of the United States Football League. Although the Panthers acquired a fairly loyal following and won the first USFL title in 1983, the USFL's decision to move from the spring to the fall led Taubman to merge his team with the Oakland Invaders for the 1985 season, with himself as majority owner of the Invaders. That team folded along with the rest of the USFL after the 1985 season.

Living octopus

Living octopus

In countries which are located near sea coasts, sea food is an important part of national cuisine