Age, Biography and Wiki

Harold Roitenberg was born on 7 January, 1927, is an American businessman (1927–2018). Discover Harold Roitenberg's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 91 years old?

Popular As N/A
Occupation N/A
Age 91 years old
Zodiac Sign Capricorn
Born 7 January, 1927
Birthday 7 January
Birthplace N/A
Date of death 20 December, 2018
Died Place N/A
Nationality American

We recommend you to check the complete list of Famous People born on 7 January. He is a member of famous Founder with the age 91 years old group.

Harold Roitenberg Height, Weight & Measurements

At 91 years old, Harold Roitenberg height not available right now. We will update Harold Roitenberg's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Sarah and Norman Roitenberg
Wife Not Available
Sibling Not Available
Children 5

Harold Roitenberg Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Harold Roitenberg worth at the age of 91 years old? Harold Roitenberg’s income source is mostly from being a successful Founder. He is from American. We have estimated Harold Roitenberg's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Founder

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Timeline

1927

Harold Roitenberg (January 7, 1927 – December 20, 2018) was an American businessman who founded the catalog merchandiser and showroom Modern Merchandising Inc.

Roitenberg was born to a Jewish family, the son of Sarah and Norman Roitenberg.

Roitenberg graduated with a B.A. in Journalism from the University of Minnesota.

After school, he worked in the advertising department of Northwestern Auto Parts in Minneapolis and then went to work for his father-in-law who owned Minnesota Wholesalers which sold horse supplies.

During his tenure, he expanded the company into a catalog showroom business that also sold small appliances, housewares, electronics, and jewelry.

1960

Upon his father-in-law's death, Roitenberg was unable to obtain a satisfactory equity interest in the company and ventured out on his own founding Creative Merchandising & Publishing in 1960.

As he had little in the way of resources, he could not support his own showroom so he instead developed a new business model which focused on producing catalogs for small businesses who wanted to develop a catalog presence but did not have the expertise, resources, and buying power to secure lower prices from manufacturers.

Roitenberg's company allowed them to purchase collectively and secure lower prices.

1961

In 1961, he changed the name to Modern Merchandising Inc. Due to its origin as a catalog publisher, Modern Merchandising published its own catalog along with that of competitors Service Merchandise (founded by Harry Zimmerman) and Best Products (founded by Sydney Lewis); the three companies (whose owners were friends) had regional non-compete agreements with each other.

1982

In 1982, Modern Merchandising, then the 3rd largest catalog retailer, was acquired by Best Products in a stock transaction worth $109 million.

The merger was accretive as Best Products' showrooms were mainly on the East Coast, Texas, and California while Modern Merchandising was mostly in the Midwest and Northwest.

Roitenberg had five children: Steven Roitenberg, David Roitenberg, Sam Roitenberg, Jane Roitenberg Nolen, and Ursula Roitenber Galanos.

All his sons predeceased him.

Roitenberg was a victim of Bernard Madoff.