{{Short description|American billionaire}} {{Infobox person | name = Zalman Chaim Bernstein | image = | caption = | native_name = זלמן חיים ברנשטיין | birth_name = Sanford Bernstein | birth_date = 1926 | birth_place = Brooklyn, New York, United States | death_date = 1999 (age 72) | death_place = | native_name_lang = he | other_names = | education = B.S. New York University<br> M.S. Harvard Business School | alma_mater = | occupation = Investor | known_for = Co-founder of Sanford C. Bernstein Company | spouse = | children = | parents = }}
'''Zalman Chaim Bernstein''' ({{Langx|he|זלמן חיים ברנשטיין}}; 1926–1999),<ref>{{cite web|url=http://cspcs.sanford.duke.edu/sites/default/files/avi_chai_fleishman2010.pdf|title=First Annual Report to The Avi Chai Foundation on the Progress of its Decision to Spend Down|first1=Joel L.|last1=Leishman|first2=Tony|last2=Proscio|date=4 April 2010|quote=Zalman Chaim Bernstein, z'l, Avi Chai's founding donor… Zalman Bernstein's death in 1999|pages=2, 8|access-date=23 May 2014|archive-date=22 July 2014|archive-url=https://web.archive.org/web/20140722062709/http://cspcs.sanford.duke.edu/sites/default/files/avi_chai_fleishman2010.pdf|url-status=dead}}</ref> originally known in his businesses as '''Sanford Bernstein''', was an American billionaire businessman and philanthropist.<ref>{{Cite web|last=ck|date=2014-05-19|title=Beit Avichai's Jerusalem and the Jewish People|url=https://jewlicious.com/2014/05/beit-avichais-jerusalem-and-the-jewish-people/|access-date=2020-07-30|website=Jewlicious|language=en-US}}</ref><ref name="j">[http://www.jweekly.com/article/full/10110/zalman-bernstein-wall-street-giant-dies/ Zalman Bernstein, Wall Street giant, dies], ''J. The Jewish News of Northern California'', February 5, 1999</ref><ref name="shalem">[http://www.shalem.org.il/Events/The-Zalman-C.-Bernstein-Memorial-Lecture.html The Shalem Center biography]</ref>
==Biography== Zalman Bernstein was born to a Jewish family in Brooklyn, New York in 1926.<ref name=NYTObit>{{Cite web|last=Thomes Jr.|first= Robert MCG. |title=Zalman C. Bernstein, 72, Iconoclastic Broker |work=The New York Times|date=January 9, 1999 |url=https://www.nytimes.com/1999/01/09/business/zalman-c-bernstein-72-iconoclastic-broker.html }}</ref><ref name="shalem"/> At the age of eighteen, he joined the United States Navy and fought in the Second World War.<ref name="shalem"/> He then received a bachelor's degree in economics from New York University, followed by a master's degree in economics from the Harvard Business School.<ref name="shalem"/><ref name="tikvash">[http://www.nyutikvah.org/about/InterviewRogerHertog.htm Interview with Roger Hertog by Professor Joseph Weiler], Tikvah Center for Law & Jewish Civilization, September 19, 2008</ref>
He worked as an economic advisor for the Marshall Plan.<ref name="shalem"/> In 1967, he founded the investment management firm Sanford Bernstein.<ref name="j"/><ref name="shalem"/> When he first founded Sanford C. Bernstein, his brother Paul P. Bernstein was his sole partner.<ref name="Tikvah">{{cite web|last1=Fund|first1=Tikvah|title=Zalman Chaim Bernstein 1926-1999|url=http://tikvahfund.org/wp-content/uploads/2013/12/20091023_ZalmanCBernstein19261999.pdf|website=tikvahfund.org/}}</ref>
==Personal life== Bernstein married three times<ref name=NYTObit /> and had six children.<ref name=JewishWeek>{{Cite web|last=Lipman |first= Steve |title= Sanford Bernstein's Second Life |publisher=The New York Jewish Week|date=January 15, 1999 |url=https://jewishweek.timesofisrael.com/sanford-bernsteins-second-life/ |archive-url=https://web.archive.org/web/20170324194324/https://jewishweek.timesofisrael.com/sanford-bernsteins-second-life/ |archive-date=2017-03-24 |url-status=dead }}</ref> His third wife was Mem Dryan Bernstein.<ref name=NYTObit /><ref>{{Cite web|last= Dryan Bernstein |first=Mem |title=Sunsetting a Foundation |publisher= Sh'ma: A Journal of Jewish Ideas.|date= January 2011|url=http://www.rabbisid.org/wp-content/uploads/2013/02/Success-and-Succession.pdf }}</ref> He died of lymphoma in 1999.<ref name=NYTObit /><ref name=JewishWeek />
In the 1980s, he became an Orthodox Jew and dropped his English name, Sanford, for his Hebrew one, Zalman.<ref name="j"/> He attended Lincoln Square Synagogue and became a friend of its rabbi, Shlomo Riskin. In 1989, he made aliyah (moved to Israel).<ref name="j"/> He also founded the Jewish organizations Avi Chai Foundation and Tikvah Fund.<ref name="shalem"/><ref name="tikvash"/><ref>{{cite web|first=Bret |last=Stephens |author-link=Bret Stephens|url=http://www.philanthropyroundtable.org/topic/excellence_in_philanthropy/the_business_of_big_ideas |title=The Business of Big Ideas |work=Philanthropy Roundtable |date=Fall 2010 |url-status=dead |archive-url=https://web.archive.org/web/20141011224743/https://www.philanthropyroundtable.org/topic/excellence_in_philanthropy/the_business_of_big_ideas |archive-date=October 11, 2014}}</ref>
==References== {{Reflist}}
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{{DEFAULTSORT:Bernstein, Zalman}} Category:1926 births Category:1999 deaths Category:20th-century American businesspeople Category:20th-century American Jews Category:20th-century American philanthropists Category:American emigrants to Israel Category:American Orthodox Jews Category:Businesspeople from Brooklyn Category:Harvard Business School alumni Category:New York University College of Arts & Science alumni
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