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Bob was the chairman of the Loews Corporation in addition to his brother Laurence Tisch. Preston Robert Tisch was produced on April 29, 1926 in Brooklyn, NY. Tisch attended the University of Michigan and was a part of Sigma Alpha Mu, a Jewish fraternity. Tisch graduated in 1948 having a BA degree in economics. In 1946 Robert’s brother Laurence convinced their parents to invest $125,000 to buy a resort hotel in Lakewood, New Jersey.
Preston Robert Tisch Net Worth $3.9 Billion Dollars
Soon after, Robert joined his brother’s company as chairman and part owner. On the years they invested their gains and enlarged their resort company. In 1991 Robert Tisch purchased half-position in the New York Giants. In the early 1960s to 1970s the brothers started diversifying the Loews Corporation portfolio. Now the Loews’ subsidies take part in sectors including: Commercial property and casualty insurance, offshore gas and oil drilling rigs, natural gas, as well as the operation of high-end hotels and resorts. Robert Tisch was known as an excellent philanthropist. Robert gave liberally to his alma maters as well as other associations for academic progress. In 1997 Central Park Zoo started the Tisch Children’s Zoo.