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Sidney Kimmel – Billionaire

Sidney J. Kimmel (born 1928) is founder of the Jones Apparel Group, philanthropist and film producer. Some of his many films include Death at a Funeral and The Kite Runner. He ranked number 655 in the Forbes list of the richest people alive in 2010.

Personal life

Kimmel was born into a Jewish family in Philadelphia, Pennsylvania, the son of a cab driver. He attended Temple University but did not finish. He now lives in California with his wife Caroline Davis, the former wife of Leonard Tose. Kimmel is featured on Old Jews Telling Jokes.

Career

Kimmel founded Jones Apparel Group in 1970 while working at W. R. Grace and Company. Five years later, he purchased the company with a partner. Notable lines produced by Kimmel include: Jones New York, Evan-Picone, 9 West; licensing deals with Ralph Lauren. He stepped down as chief executive officer of Jones in 2002 and sold most of his shares in the publicly traded company, but remained chairman of the board of directors until the sale of the company to Sycamore Partners in 2014. He owns art, real estate, a movie production outfit Sidney Kimmel Entertainment, and a small stake in the professional NBA basketball team Miami Heat.

Sidney Kimmel Entertainment

Founded in 2004, Sidney Kimmel Entertainment (SKE) is a Los Angeles-based production, finance and distribution company headed by Kimmel. Films produced include SKE and Screen Gems’ 2010 remake Death at a Funeral, The Kite Runner (2007), United 93, Breach, Lars and the Real Girl, Adventureland, Death at a Funeral, Synecdoche, New York, Gone (2012), and The Age of Adaline.

Summary

Sidney Kimmel
Born 1928 (age 88–89)
Philadelphia, Pennsylvania, U.S.
Residence California
Nationality American
Education Temple University (dropped out)
Occupation businessman
Known for founder of the Jones Apparel Group
Net worth Increase $1.35 billion (Sept 2015)
Spouse(s) Caroline Davis

American film produce Sidney Kimmel has an estimated net worth of $1.31 billion as of May 2016 according to Forbes. A prominent philanthropist, Kimmel has been one of the world’s wealthiest person’s alive today. As a producer, he has worked on films like The Kite Runner and Death at a Funeral.

Of Jewish ancestry, Sidney Kimmel was born in 1929. He went to study at Temple University. Together with his wife Caroline Davis, Sidney Kimmel currently resides in California.

Source:

  1. wikipedia
  2. pp-hr

 

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