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Michael Recanati

Michael Recanati (1957–2015) was an American businessman and philanthropist.

Early life

Michael Recanati was born in 1957.[2] His father, Raphael Recanati was an Israeli-American businessman and philanthropist.[2][1] Recanati was educated at Ramaz School in Manhattan, New York City.

Career

Recanati started his career at his family business, the Overseas Shipholding Group, in 1978.[2] He was forced to leave OSG in 1995 after a dispute about the company's investments in cruise ships.[2]

Recanati founded Orama, a venture capital firm based in New York City and Tel Aviv, Israel, in 1999.[3] It closed down in 2001.[4] In 2008, Recanati founded Really Cool Foods, an organic food company. It closed down in 2011.[5]

Recanati served as the chairman of 511 Equities.[6]

Philanthropy

Recanati endowed the Dina and Raphael Recanati Professorship in Immunology at the Harvard Medical School in honor of his parents in 1992. Dr Jerome Groopman is the current chair.[7] He also endowed the Recanati Family Professor of Science and professor of Microbiology and Medicine at the Skirball Institute of Biomolecular Medicine at New York University[8]

In 2002, Recanati and his partner Ira Statfeld made a $5 million donation to the then Hampton Day School,[9][10] taking control of the board of trustees and changing the name of the school to the Morriss Center in honor of Statfeld's father,[11] however the school merged with the Ross School in 2006.[12] In 2007, it was reported that Recanati and his partner had donated $30 million to the Child Study Center at New York University to establish an Asperger's Institute.[13]

Personal life

Recanati and his partner Ira Statfeld had one son.[13] They resided in Manhattan and East Hampton, New York.[16]

His partner at time of death was Tom Schalk.[1]

References

  1. The IDC Herzliyan Winter 2016 Update^
  2. Jonathan Nassie. "Bloomberg": Rafael Recanati Dismissed Son from Family Shipping Co Management Globes, November 7, 1996, retrieved March 12, 2016^
  3. Company Overview of Orama Ltd Bloomberg Business, retrieved March 13, 2016^
  4. Shai Shalev. IDB closing down Orama Partners Globes, November 18, 2001, retrieved March 13, 2016^
  5. Indiana's Really Cool Foods closes doors BusinessWeek, November 28, 2011, retrieved March 13, 2016^
  6. Company Overview of PEC Israel Economic Corp.: Michael Recanati Bloomberg Business, retrieved March 13, 2016^
  7. Nell M. Maluf. Chair Endowed for AIDS Scientist The Crimson, February 19, 1992, retrieved March 12, 2016^
  8. Internationally Renowned Researcher from NYU Langone Elected to the National Academy of Sciences^
  9. Amanda Angel. MERGER: When School Lets Out, It's Over The East Hampton Star, June 8, 2006, retrieved December 24, 2017^
  10. Hamptons High: Private School is Taken Over New York Observer, January 6, 2003, retrieved December 24, 2017^
  11. Susan Rosenbaum. A New Era Dawns At Hampton Day School The East Hampton Star, June 19, 2003, retrieved December 24, 2017^
  12. Amanda Anegl. Ross School, Morriss Center to Consolidate to teach tots to teens on two campuses next year The East Hampton Star, January 12, 2006, retrieved December 24, 2017^
  13. Robert J. Hughes. Bridging the Rural Charity Gap The Wall Street Journal, April 20, 2007, retrieved March 12, 2016^
  14. Michael Recanati Contributions Inside Gov, retrieved March 13, 2016^
  15. Michael Recanati Political Campaign Contributions 2008 Election Cycle Campaign Money, retrieved March 13, 2016^
  16. Peter C. Beller. Roosterban in Chickenhampton: Late-sleeping summer people do battle with the fowl-loving locals. New York Magazine, June 6, 2005, retrieved March 12, 2016^