David Joshua AzrieliCMCQ (Hebrew: דוד יהושע עזריאלי; 10 May 1922 – 9 July 2014) was an Israeli-Canadian tycoon, real estate developer, architect, and philanthropist.[1][2] With an estimated net worth of US$3.1 billion in March 2013, he was ranked by Forbes as the ninth-wealthiest Canadian and the 401st wealthiest person overall.[3]
In 1989, he founded the philanthropic Azrieli Foundation, to which he bequeathed the bulk of his estate upon his death in 2014.
Between 1943 and 1946, Azrieli studied architecture at the Technion – Israel Institute of Technology in the city of Haifa, but did not complete his degree. He subsequently enlisted with the 7th Brigade of the Haganah and fought in the 1948 Arab–Israeli War.[7][8][9][10] In 1954, he immigrated to Canada from Israel, settling down in the city of Montreal.[11] In Canada, he reconnected with a few of his first cousins who had also survived the Holocaust and fled from Europe, including Henia Azrieli Rosenfeld. He routinely came for Shabbat dinner to Henia’s home while working and studying.
In 1957, he married Stephanie Lefcort. They have four children: Rafael, Sharon, Naomi, and Danna.[12] For the last ten years of his life, Azrieli and his wife resided in the Israeli city of Herzliya for five months per year and in the Canadian city of Westmount for the rest of the year. On July 9, 2014, he died at the age of 92 in his lakeside house at Ivry-sur-le-Lac.[13]
Career
Real estate and other businesses
In Montreal, he established his building business, beginning with the construction of small duplexes and working his way up to apartment buildings and, later on, shopping malls. Azrieli's building projects can be seen in the office buildings, high-rise residences, office towers, and shopping centres that he built in Canada, the United States, and Israel. His two companies are Montreal-based Canpro Investments Ltd. and Tel Aviv–based Azrieli Group Ltd.[14][15]
In 2010, he took the Azrieli Group public in the largest ever IPO on the Tel Aviv Stock Exchange.[16] It is now the largest real estate company in the country.[17] Its projects include a number of Israeli commercial centres, including the first enclosed mall in Israel (the Canion Ayalon in Ramat Gan) as well as the Malha Mall in Jerusalem and the Beersheba Shopping Mall (Canion ha-Negev). He also built the eponymous Azrieli Centre in Tel Aviv, the largest real estate project in Israel, which includes three skyscrapers in the heart of Tel Aviv and has become an architectural landmark at the core of Israel's business industry.[18]
Philanthropy
The Azrieli Foundation was established by David Azrieli in 1989 to support initiatives and develop and operate programs that promote access to education and the achievement of excellence in various fields of knowledge and activity.[19][20]
In 2020, the Azrieli Foundation created an emergency fund to be allocated to meet urgent needs caused by the COVID-19 pandemic.[21] As of 1 October 2020, the Foundation pledged CA$8.6 million for pandemic-related initiatives, including food relief, hospitals and long-term care institutions, and support for the vulnerable, including Holocaust survivors, people with disabilities, people experiencing homelessness, and students.
Controversies
Montreal's Van Horne Mansion
In 1969, the heirs of Canadian railway magnate William Cornelius Van Horne put up for sale the Van Horne Mansion in the Canadian city of Montreal. A buyer was not found until 1973, when Azrieli bought the land. His intention to raze the mansion was met with fierce opposition from many groups opposed to the demolition spree of the Golden Square Mile, including René Lépine, another prominent Canadian real estate developer who owned the building next to the Van Horne Mansion and who wanted to buy it back from Azrieli to restore the mansion instead of developing the land. However, Azrieli remained committed to demolishing the historic landmark and ended up doing so on 8 September 1973.[22] The Azrieli-built Sofitel Montreal now stands on the property.
As a direct result of this action, the Canadian advocacy group Save Montreal was formed to organize resistance to future demolitions of designated heritage sites.[23]
Donation to Im Tirtzu NGO
The Israeli newspaper Haaretz reported that "What you won’t find on either the [Azrieli] foundation’s or company’s websites is that in 2010 the Azrieli Group apparently donated NIS 30,000 (CAD $10,000) to Im Tirtzu" even though the Azrieli group "claims it has no political agenda."[24] The donation was made specifically "to a project to stop the academic boycott of Israel" by Palestinian-led initiatives.[24]
