Leonard N Stern Net Worth is$3.8 Billion
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Profession: Entrepreneur | Businessperson
Date of Birth: 1938-03-28
Nicknames: Leonard Norman Stern
Ethnicity: Jewish people
Country: New York City
Leonard Stern Net Worth: Leonard Stern is an American entrepreneur and real estate tycoon who has a net worth of $3.8 billion. Born Leonard Norman Stern on 28 March 1938, he inherited his wealth from his German-born father Max Stern, the founder of Hartz Mountain Pet Products, which controlled 75% to 90% of the U.S. market for pet supply goods by 1984. Having graduated from New York University, Stern gradually bought his brother's and sister's share of the family business, and by the early 1960s, he owned Hartz Mountain Corporation (HMC). Since then, he has served as the company's Chairman and CEO. Six years later, he started his real estate actions with buying land and selling the pet business, but holding to its property. Nowadays, the company holds more than 38 million square feet of residential, commercial property in New Jersey, New York and Chicago. Among others establishments, Stern also owns the Soho Grand Hotel and the TriBeca Grand Hotel. Inspired by his late father, he is an active philanthropist who founded Homes for the Homeless, which is one of the largest non-profit providers of education, residential and employment centers in the U.S.
Leonard Norman Stern (born March 28, 1938) is an American businessman and real estate developer.
He is the Chairman and CEO of the privately owned Hartz Group based in New York City. The company's real estate portfolio was owned and operated under its Hartz Mountain Industries subsidiary company, of which he also serves as Chairman and CEO. Based in Secaucus, NJ, Hartz Mountain Industries has added property in Manhattan, Westchester, NY, Long Island, NY, and Maryland. In addition to its property operations through its 'Industries' subsidiary, The Hartz Group has an active and growing financial operation.


Stern was born to a Jewish family, the son of Hilda (n?(C)e Lowenthal) and Max Stern. Max Stern was the German-born vice-chairman of the Board of Trustees of Yeshiva University for whom its Stern College for Women was named. He had emigrated from Weimar Germany to the U.S. in the 1920s after his textile business proved unprofitable, bringing along 2,100 canaries from Germany to sell on the U.S. market. By selling caged birds, bird cages and other pet bird supplies to U.S. pet owners through Woolworth's stores over the next thirty years, Stern's father built up the family business: Hartz Mountain Corporation (HMC), also headquartered in Secaucus, NJ. HMC would later grow to become the flagship subsidiary of The Hartz Group. The business was named after the Harz Mountains of Germany.
In 1957, Leonard Stern graduated from New York University (NYU).
Stern's initial wealth was inherited from his father who died in 1982. He gradually purchased his brother's and sister's share of the family business, Hartz Mountain, and by the early 1960s, exercised absolute control of Hartz Mountain Corporation (HMC). Hartz Mountain Corporation then began to capture the pet supply market that catered to both dog and cat owners and parakeet and canary owners. By 1984, Hartz Mountain Corporation (HMC) controlled 75% to 90% of the U.S. market for most U.S. pet supply good

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Leonard N Stern Latest News

Andrea Stern and Adam Pelzman

Andrea Caroline Stern, the daughter of Judith Stern Peck and Leonard N. Stern, both of New York, is to be married today to Adam Judd Pelzman, the son of Diane Karnett of New York and Dr. Henry Pelzman of North Caldwell, N.J. Rabbi Rolando Matalon is to ...
Posted: September 6, 1997, 6:00 pm

LEONARD N. STERN

The nation that spews the most pollution and is building dozens of coal-fired power plants is also winning accolades from the likes of Greenpeace and WWF for its efforts to fight global warming. The Justice Department accuses McGraw-Hill and its S&P unit ...
Posted: November 5, 2017, 4:00 pm

Matt Lewis Joins American Century Investments As Vice President And Head Of ETF Implementation & Capital Markets

Lewis graduated from Santa Clara University with a bachelor's degree in commerce and later received a TRIUM Global Executive MBA, a joint degree program with New York University's Leonard N. Stern School of Business, HEC School of Management (Paris ...
Posted: November 30, 2017, 5:15 am
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