Mortimer Zuckerman

Mortimer Benjamin Zuckerman (born June 4, 1937) is a Canadian-American billionaire media proprietor, magazine editor, and investor.

He is the co-founder, executive chairman and former CEO of Boston Properties, one of the largest real estate investment trusts in the US.

Zuckerman is also the owner and publisher of U.S. News & World Report, where he serves as editor-in-chief.

He formerly owned the New York Daily News, The Atlantic, and Fast Company.

He graduated from McGill with a BA in 1957 and a BCL in 1961, although he never took the bar exam.

That same year, Zuckerman entered the Wharton School at the University of Pennsylvania in Philadelphia, where he earned an MBA degree with a distinction of honor.

In 1962, he received an LLM degree from Harvard Law School.

After graduating, Zuckerman remained at Harvard Business School as an associate professor for nine years.

He also taught at Yale University.

Zuckerman spent seven years at the real estate firm Cabot, Cabot & Forbes, where he rose to the position of senior vice president and chief financial officer.

Zuckerman has varied in his party affiliations over time, since the late 1970s.

Zuckerman became a US citizen in 1977.

He owns houses in New York City, East Hampton, New York and Aspen, Colorado.

He also keeps a 166-foot Oceanco Yacht, the Lazy Z.

For transportation, he previously owned a Falcon 900 corporate jet but has recently purchased a Gulfstream G550.

In 1980, he purchased the literary magazine The Atlantic, where he was the chairman from 1980 to 1999.

Before marrying, Zuckerman's dating history included writers Betty Rollin, Nora Ephron, Arianna Stassinopoulos Huffington and a four-year relationship with feminist activist Gloria Steinem in the late 1980s, early 1990s.

While he still owned Atlantic Monthly, in 1984, Zuckerman bought U.S. News & World Report, where he remains its editor-in-chief.

In 1993, he bought the New York Daily News, which he ran until 2017 when he sold the paper to Tronc.

In addition to his publishing and real-estate interests, Zuckerman is also a frequent commentator on world affairs, both as an editorialist and on television.

He regularly appeared on MSNBC and The McLaughlin Group and writes columns for U.S. News & World Report and the New York Daily News.

A day later Zuckerman issued a statement that he would not be appearing at the East Hampton Artists-Writers softball game, the first time he would miss the game since 1993.

In 1996 Zuckerman married Marla Prather, a curator of the National Gallery of Art.

In 1999 he sold the magazine to David G. Bradley for US$12 million.

Commenting on this sale and that of Fast Company magazine, which he sold for $365 million at the height of the tech boom in 2000, he quipped, "I averaged out."

The couple divorced in 2001, and Prather later married lawyer Jonathan D. Schiller.

Zuckerman, a long-time supporter of the Democratic party who cast his vote for Barack Obama in the 2008 presidential election, was critical of President Obama on several fronts.

On July 12, 2010, Zuckerman said in an interview that he had helped to write one of President Barack Obama's political speeches.

Long-time Obama speechwriters Jon Favreau and Ben Rhodes disputed that and asserted that neither "has ever met or spoken to Mort Zuckerman."

Zuckerman later published a clarification of his remarks by stating that his help had come in the form of private conversations with various political officials in which he had offered advice and perspective on different issues.

Following the downgrade of US treasury debt by Standard & Poor's in 2011, Zuckerman wrote in The Wall Street Journal: "I long for a triple-A president to run a triple-A country."

After initially supporting Obama's call for heavy infrastructure spending to revive the economy, Zuckerman criticized the composition of the plan: "if you look at the make-up of the stimulus program, roughly half of it went to state and local municipalities, which is in effect to the municipal unions which are at the core of the Democratic party."

On Obama's healthcare reform bill, Zuckerman stated, "Eighty percent of the country wanted them to get costs under control, not to extend the coverage. They used all their political capital to extend the coverage. I always had the feeling the country looked at the bill and said, 'Well, he may be doing it because he wants to be a transformational president, but I want to get my costs down!'"

On the November 28, 2014, episode of The McLaughlin Group, Zuckerman said he was a vegan and has been since 2008, confirming what in November 2010 had been published in Bloomberg Businessweek, "The Rise of the Power Vegans."

Zuckerman last appeared on The McLaughlin Group on July 31, 2015, making a case for Texas governor Rick Perry's presidential run during that episode.

On the Forbes 2016 list of the world's billionaires, he was ranked No. 688 with a net worth of US$2.5 billion.

As of January 2020, his net worth is estimated at US$3.0 billion.

Zuckerman was born in Montreal, Quebec, Canada, the son of Esther and Abraham Zuckerman, who owned a tobacco and candy store.

His family is Jewish, and his grandfather was an Orthodox rabbi.

Zuckerman entered McGill University in Montreal at the age of 16.