Vector Group

Overview

Vector Group Ltd.

type	Subsidiary
genre	Holding company
foundation	1986.‡R1R‡
founder	Bennett S. LeBow
location	Miami, Florida, U.S.
key people	Bennett S. LeBow (chairman) Howard Lorber (president and CEO) Richard Lampen (Executive Vice President) J. Bryant Kirkland III (Senior Vice President, Chief Financial Officer and Treasurer) Marc N. Bell (Senior Vice President, General Counsel and Secretary)
industry	Diversified holding
products	Tobacco, real estate, property management‡R2R‡
revenue	$2.02 billion (FY 2020)‡R3R‡
net income	$92.5 million (FY 2020)‡R3R‡
assets	$1.34 billion (FY 2020)‡R4R‡
num employees	1,007‡R4R‡
subsid	Liggett Group LLC New Valley LLC Vector Tobacco‡R2R‡
homepage	vectorgroupltd.com
footnotes	‡R5R‡
parent	Japan Tobacco

Vector Group Ltd. was an American diversified holding company with two major businesses: Liggett Group[6] (tobacco) and New Valley (real estate).[7] In August 2024, Vector Group agreed to be acquired by Japan Tobacco (JT Group) to become a wholly owned consolidated subsidiary of JT.[8] The deal was completed in October 2024.[9]

Bennett S. LeBow founded Vector Group in 1986. Since then, he has served as Chairman. Howard Lorber has served as the Company's President and Chief Executive Officer since 1994.[10] Vector Group was previously called Brooke Group.[11]

Vector Group

Holdings

Subsidiaries

Office locations

See also

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References