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Zygi Wilf

 
Wikipedia: Zygi Wilf
Zygi Wilf
Born April 22, 1950 (1950-04-22) (age 59)
Germany
Occupation Owner, Minnesota Vikings (NFL)

Zygmunt "Zygi" Wilf (born April 22, 1950) is the principal owner of the Minnesota Vikings of the National Football League.

Life and career

Wilf was born in Germany. His parents, Joseph and Elizabeth Wilf, are both Holocaust survivors from Poland.[1] The Wilf family immigrated to the United States from Europe in the early 1950s and settled in Hillside, New Jersey. After a brief stint as used car salesman, Joseph and his brother Harry Wilf began purchasing apartment buildings and renting units. Eventually, the brothers began building single-family homes and founded Garden Homes. A successful real estate developer, his two main family-run businesses, Garden Homes and Garden Commercial Properties, have constructed some 25,000 homes in 39 states across the country since 1955; the two entities and their subsidiaries own and manage 25,000,000 square feet (2,300,000 m2) in retail and business property.[2]

Zygi Wilf attended Fairleigh Dickinson University, earning a bachelor's degree in economics, and later graduated from New York Law School in Manhattan. After working as an attorney, Wilf joined the family business and became head of one of the company's subsidiaries, Garden Commercial Properties. Wilf has grown the company from four shopping centers in Northern New Jersey to over a hundred properties, including several large malls. In addition to the commercial properties, the Garden companies also own 30,000 apartment units around the country.

Wilf and five partners purchased the Minnesota Vikings of the National Football League from Red McCombs in 2005 for a reported US$600,000,000.[3] Forbes estimates the 2009 value of the franchise at US$835 million, or 31st of the 32 NFL teams.[4] The team earns about US$200 million in revenue each year.[4] At one point, the Wilfs offered to pay US$250 million towards the cost of a new Vikings Stadium.[4]

References

  1. ^ Williams, Brandt (2005-05-25). "NFL owners approve Vikings sale to Wilf". Minnesota Public Radio. http://news.minnesota.publicradio.org/features/2005/05/25_williamsb_vikingsale/. Retrieved 2007-02-19. 
  2. ^ G.R. Anderson, Jr., Eye of the Beholder, City Pages, January 3, 2007.
  3. ^ Borzi, Pat (August 19, 2005). "Vikings' Owner Makes a Name for Himself". The New York Times. http://www.nytimes.com/2005/08/19/sports/football/19vikings.html. Retrieved 2009-12-23. 
  4. ^ a b c Bakst, Brian (Associated Press) (December 18, 2009). "New Vikings stadium proposal: $870M, no pay plan". AP via Google. http://www.google.com/hostednews/ap/article/ALeqM5hxkEjEaxvPe9jaZeZk2983fJV2swD9CL8LN07. Retrieved 2009-12-23. 
Preceded by
Red McCombs
1998–2005
Owner of the
Minnesota Vikings
2005–present
Succeeded by
Current

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