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bruce wasserstein spouse

He was married four times, most recently last February to Angela Chao, 35, an executive in her family’s shipping company (and sister of former Labor Secretary Elizabeth Chao) whose nuptials to Bruce triggered several think pieces on the allure of beautiful young Asian women for jowly middle-aged masters of the universe.

“He could be very awkward in social situations,” Lawrence Kirshbaum said. He didn’t use it as a bully pulpit, or to preen before his high-powered friends.

As friends gather to mourn financier Bruce Wasserstein, Ralph Gardner Jr. reports on the future of Lazard Frères, New York … Bruce Jay Wasserstein was an American investment banker, businessman, and writer. His financial acumen benefitted no one as much as Wasserstein himself. He could sit and stare into space.

And it doesn’t make much sense to do so at the moment anyway—and not just because this isn’t the most auspicious moment to be selling magazines given the current economic and digital climate (even though one would assume that several moguls with less inscrutable motives than Wasserstein’s would probably happily vie for the property.) The mystery shrouding Bruce Wasserstein’s death, last October, at 61, fit the billionaire investment banker’s M.O.

There seems to be some thought that he wanted it vicariously to practice his passion for journalism, dating back to his days at the Michigan Daily, except that he didn’t meddle in New York’s editorial content. Your email address will not be published. The grief at Wendy’s memorial was understandable. Throughout the service, little if any mention was made of the wives. Spouse: Angela Chao (m. 2009–2009) Children: Scoop Wasserstein, Pam Wasserstein, Sky Wasserstein, Dash Wasserstein, Ben Wasserstein, Jack Wasserstein: This marked the second time in the last few years that friends have gathered at Lincoln Center’s Vivian Beaumont Theater to mourn the premature death of a Wasserstein. He was a graduate of the McBurney School, University of Michigan, Harvard Business School, and Harvard Law School, and spent a year at the University of Cambridge. But he seems never to have fully fathomed why Wasserstein bought New York magazine in the first place. It is alleged that in 2007 Wasserstein encouraged his then mistress, Erin McCarthy, to undergo in vitro fertilization, which she did. “They may even hold on to it for longer than that. T he estate of billionaire Bruce Wasserstein who passed away in 2009 is still under dispute. Bruce’s sister Wendy, the Pulitzer Prize-winning playwright of The Heidi Chronicles, died of lymphoma in 2006. One of the guests at the memorial service said that as she listened to his eulogists describe Wasserstein’s loyalty and passion for social justice—he was a muckraking journalist in college and endowed a chair at Harvard Law School in public-interest law in his father Morris Wasserstein’s name—she “kept thinking of all the deals where people got hurt.”. According to the New York Post, he fathered her with an unidentified recent Columbia Business School graduate that he met between the time he separated from his third wife, Claude, and met Angela. Wasserstein, the chairman of Lazard Frères and owner of New York magazine, died two months ago, shortly after being diagnosed with an irregular heartbeat. Adds writer Betsy Carter, another old friend of Bruce, “She’s turned into an athlete which is funny, because Wendy wasn’t.”. Required fields are marked *. It is owned by family trusts controlled by Pam and Ben. The full details of the Bruce Wasserstein estate battle are lurid and somewhat difficult to follow. Their youngest sister, Georgette, is an innkeeper in Vermont.

With the kind of money Bruce Wasserstein has made over the years, I don’t think they’d need to sell it.”, The Preservation Hall Jazz Band played the mourners—they included Mayor Michael Bloomberg and fellow takeover artist Carl Icahn—out of the Vivian Beaumont Theater as Wasserstein would have wanted. He also had a sixth child, Sky, born on June 30, 2008. In November, Lazard announced that Ken Jacobs, 51, a 21-year veteran of the company would take over as chief executive. Bruce Jay Wasserstein Wiki: Salary, Married, Wedding, Spouse, Family Bruce Jay Wasserstein (December 25, 1947 – October 14, 2009) was an American investment banker, businessman, and writer. She was 55 years old. “He said that’s how I want to go, and they remembered it.”. And when he took venerable Lazard Frères public in 2005, after overthrowing Michel David-Weill, its aristocratic if autocratic chairman, he became its largest shareholder. Known as “Bid ‘Em Up Bruce,” he was one of the more feared takeover artists of the last several decades, devising some of the most brilliant and brutal takeover tactics in deals such as DuPont’s takeover of Conoco, Philip Morris’ bid for Kraft, and Kohlberg Kravis & Roberts' takeover of Nabisco. “Lucy continues to be part of that family unit and beautifully cared for by Claude,” said a close family friend and longtime business associate of Bruce. Bruce also had three older children—Scoop, a law student; Ben, a writer at HBO, and Pam, who works at Tribeca Films. But Anup Bagaria, who ran Wasserstein’s media holdings, quickly quashed the rumors by issuing a statement that the magazine wasn’t for sale. While Wasserstein enjoyed many of the accoutrements of great wealth—a sprawling mansion in the Hamptons and a duplex on Fifth Avenue—he was famously unkempt, only in later years dressing the part of the Lazard chairman.

Life After Wasserstein. Almost as soon as Wasserstein died, there was talk that the family would sell the magazine. The sadness among his fellow billionaires at Bruce Wasserstein’s December 7 memorial service could only partly be explained by the recognition that inclusion on the Forbes 400 is no guarantee of longevity.

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