Billionaire film director Steven Spielberg has sold his superyacht Seven Seas for 130 million ($150 million) to billionaire steel baron Barry Zekelman. Decade after decade, we've remained committed to our customers and end users. Barsky was named CEO in 2012, two years after the museum opened a new $150 million building. It has five fireplaces, nine washrooms, two kitchens, a 1,625-square-foot garage tucked unobtrusively into the side, a jet ski lift on the dock and a huge covered terrace. History. Donations were made on April 5, 2018, June 4, 2018, and Oct. 17, 2018. Its almost above Toronto caliber as far as I was concerned, Pettigrew said of his first impression of the house. At Zekelman Industries, we trace our legacy of delivering successful solutions back to 1877. Canadian steelmaker's connection to $1.75M donation for Trump sparks complaint, 2nd complaint filed in connection with Canadian steelmaker's alleged involvement in Trump support, CBC's Journalistic Standards and Practices. . He is married to Stephanie Zekelman. Their vacation home in Paradise Valley set a record for private home sales in Arizona; the 10,000 square foot home cost $14 million. As CEO of JMC Steel Group, the largest privately owned steel pipe and tube maker in North America, Mr. Zekelman buys 2.5 million tons of the stuff a year. The Hiatus House of Windsor has announced a partnership with the Stephanie and Barry Zekelman Foundation. Steel companies like Zekelman which account for about half of the new requests in 2017 got a tease of broader-reaching action when early in Trump's term the White House announced it is . The aircraft features a spacious and well-appointed cabin that is designed for maximum comfort and convenience. Zekelman Industries is a Canadian company owned by the Zekelman family, including billionaires Barry, Clayton, and Alan Zekelman. The company has manufacturing facilities in the United States and Canada, and produces a range of steel products for various industries, including construction, energy, and infrastructure. The property along Pike Creek was full of weeds and nasty-looking, he said, so he landscaped it with trees, rocks and benches. Its unique decor and craftsmanship could rival the treasures adorning the walls of the worlds most prestigious art galleries. The ceiling in the living room was custom made by a local artisan. The firm churns out more than 2.5 million tonnes of steel products each yearprimarily pipes, large structural steel elements and electrical conduits used in construction. They own Atlas Tube, a steel tubing manufacturer in Canada and the US. . They moor their 50-foot twin-turbine-powered 200 mph catamaran speedboat, Outerlimits, at their home on the Ontario side of Lake St. Clair, across from Detroit. Barry Trotz makes perfect sense to be his replacement. Merle Wood of Merle Wood & Associates, the brokerage firm that orchestrated the sale, told Forbes that the yacht was renamed Man of Steel, a name Zekelman is known to use for his boats, though Wood would not confirm if Zekelman is the new owner. Rolen is in Cooperstown and the others aren't. Please mention SuperYachtFan when using this information. He has also supported political causes and candidates in both the United States and Canada. Seven are in Lakeshore, mostly in the Russell Woods area, five are in LaSalle, four are on Amherstburgs Boblo Island and there are two each in Leamington and Windsor. Photos of the mansion show rooms with marble fireplaces, winding staircases under huge chandeliers, andterraced walkways overlooking a large pool with dual diving boards. Recently, however, Barry Zekelman, the CEO and executive chairman of Zekelman Industries, also dabbled in biotech, co-financing a Boston cancer research startup called CureMeta. Barry Zekelman House He lives with his wife Stephanie Zekelman in a large house in Windsor, near Toronto, Canada. And He's Canadian", "Tape Made Public of Trump Discussing Ukraine With Donors", "Donations Steered to Trump Super PAC by Canadian Are Found to Be Illegal", "Price Drop on Heesen Motor Yacht Man of Steel", https://en.wikipedia.org/w/index.php?title=Zekelman_Industries&oldid=1120607238. Notion Starts Charging For AI Assistant: Will Microsoft Follow Suit? Zekelman was born and raised in Windsor, Ontario. CEO Barry Zekelman also made Forbes' recent billionaires. 2023 Windsor Star, a division of Postmedia Network Inc. All rights reserved. pic.twitter.com/Gl9kNSjttV. So they listed with him in May because he could market it in Toronto, Windsor and beyond Ontarios borders. 2022 Billionaires: Cities With The Most Billionaires, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Wes Moore, Daily Kickoff: What Bibi told Tikvah + Nides to expand Fulbright in Israel. https://en.wikipedia.org/wiki/Zekelman_Industries, https://www.forbes.com/profile/barry-zekelman/. She said there seems to be an increase in the number of high-priced homes for sale. She was built as Seven Seas for film producer Steven Spielberg. The Canadian CEO of steel-tube manufacturer Zekelman Industries, Zekelman has a significant stake in the Trump administration's policies on steel importsand he and his company have spent millions of dollars to advance those interests. Attachments zuperman1.JPG The Holocaust Memorial Center Zekelman Family Campus in Farmington Hills, Mich., has been given a $15 million donation that will go towards an endowment fund to support the museum for years to . They owned a large house there, which they sold a few years ago. Barry Zekelman was involved in a 2018 decision to contribute to America First Action by pipe and tube manufacturing company Wheatland Tube, a U.S. subsidiary of Zekelman Industries, the agency found. Zekelman said he was glad to have a chance to leave college and jump into the steel industry. Zekelman is a huge company, with 22 facilities across North America, 17 of which are manufacturing sites, according to its website. Picoma became part of JMC in 2009. Ther 164-foot craft is a replacement for which replaced their previous 124-foot, $16.3 million boat. He and his wife own a yacht named Man of Steel. Lakeshore officials broke ground Tuesday on an expanded wastewater treatment facility to help the growing municipality increase capacity and restart development after a pause on new builds started in 2020. Barry Zekelman is a Canadian billionaire who owns steels plants both in Canada and in the United States. Barry Zekelman, chair and CEO of Zekelman Industries, said his family has "always been impressed by the positive and lasting impact the Holocaust Memorial Center has had on millions of lives. It has a relaxed glamour to it., She said the home is designed to be open, airy and bright. A majority stake was sold to the Carlyle Group in 2006 for $1.5 billion CND.. Subscribe now to read the latest news in your city and across Canada. They built an amazing and very large new home next to it. Outerlimits 48 ft cat with twin 1800hp helicopter jet turbines. In 2006-2008, the Carlyle Group purchased John Maneely Co (founded in 1877) for $550 million, then purchased Atlas Tube, and Sharon Tube (founded in 1929), forming them into JMC Steel Group under DBO Holdings. Thats why, according to the New York Times, Zekelman has been lobbying hard for protectionist policies for steel makers in the United States. Zekelman later praised the president for his policies. With thousands of daily visitors and a strong growth rate, The details about yacht ownership as stated on this site and in our Yacht Owners Register are, The content of this website and all associated media are subject to. He and his family bought it back in 2011. Would love your thoughts, please comment. The next issue of Windsor Star Headline News will soon be in your inbox. Hes attacking the problems that should have been attacked for many years, Mr. Zekelman, 52, said of Mr. Trump in an interview. Today Barry and his two brothers, Clayton and Alan Zekelman, split 100% ownership of the $4.2 billion (revenues) firm, now named Zekelman Industries. A 25,000-square-foot mansionlocated on almost seven acres in north Scottsdalewas sold Monday. What started as a yacht spotter hobby, turned into a fast-growing yachting site with thousands of unique daily visitors. Within weeks of its . Why Kenya Barris Wanted You People To Be His Feature Directorial Debut, Cooperstown Says No To Barry Bonds And Roger Clemens, But Yes To Scott Rolen. 'They have stalled and blown this big time,' Barry Zekelman told MPs this week. His new poker run boat. COMPLAINANTS: Campaign Legal Center and Margaret Christ RESPONDENTS: Zekelman Industries, Inc. (Zekelman Industries); Wheatland Tube, LLC; Barry Zekelman; Roger B. Schagrin; and America First Action, Inc., and Jon Proch, in his official capacity as treasurer (America First Action) SUBJECT: The complaint alleged that Wheatland Tube, LLC, a U.S . Is that 25 percent duty enough? We reserve the right to close comments at any time. Zekelman, whose company is the largest independent steel tube manufacturer in North America, with sales exceeding $2.7 billion each year, has been pro steel tariffs for some time. As a result, their wealth increases are not included in the calculation of the overall increase between now and 2019. The U.S. Federal Election Commission (FEC) found that in 2018, the Windsor, Ont.-born Zekelmancontravened the Federal Election Campaign Act, which prohibits any foreign national from directly or indirectly contributing to any federal, state or local election. The superyacht can accommodate 12 guests in 6 suites. They also own a vacation home in the Caribbean. Cortez Masto points to an instance when Barry Zekelman, a Canada-based steel industry magnate, illegally helped funnel $1.75 million in his company's money to a pro-Trump super PAC, America. I have family there, and I've wanted a home there for many years, and that was it.". Windsor is home to several major automotive companies, including Chrysler, Ford, and General Motors, which have had a significant impact on the citys economy and culture. It is equipped with two Rolls-Royce engines and a spacious and luxurious cabin that can accommodate up to 19 passengers.The G550 is known for its advanced avionics and flight deck, which provides the pilot with a high level of situational awareness and control. The company grew to sales of more than $1 billion with 2,000 employees. The 83,000-square foot . Canadian steel magnate Barry Zekelman and his companies have been fined the equivalent of $1.2 million Cdn ($975,000 US) over a $2.2-million ($1.75-million) donation to an organization set up. Canadian steelmagnateBarry Zekelmanand his companieshave been fined the equivalent of $1.2 million Cdn ($975,000 US) over a $2.2-million ($1.75-million)donation to an organization set up to support former U.S. president Donald Trump and candidates aligned with his agenda. Together with his brothers Clayton and Allan he owns Atlas Tube. This is not THE most expensive home in the city, she said. The stunning allegations follow Forbes estimates last month that Silberts fortune had evaporated, and as government investigations into Silberts companies ramp up. "It's definitely a business venture, but if I never made a penny off it and cured cancer, I'd be ecstatic," he told the Windsor Star in 2016. Barry Zekelman attended and presented at the Association of Women in the Metal Industries dinner last night! "Business sale makes Zekelman a billion-dollar man", "Windsor's man of steel bends to market forces", "UPDATE 1-Carlyle says to sell JMC Steel stake", "Carlyle steel unit sale to Russian firm collapses", "Former Atlas Tube part of Novolipetsk deal", "Wheatland Tube's owner merging with Atlas Tube in $1.5 billion deal", "Carlyle Will Get $234 Million Settlement For Failed Deal With Novolipetsk Steel", "He's One of the Biggest Backers of Trump's Push to Protect American Steel. Its a little bit longer to sell because of the small buying pool, but I think its good to see for our area, to show we have homes of that value in our neighbourhoods.. Atlas is now among four JMC manufacturing divisions. With thousands of daily visitors and a strong growth rate,SuperYachtFan became one of thelargest superyacht sites. (Actually, it is closer to Detroit, USA. This York University drop out is no slouch in the boardroom either. He also sold the priciest house in Arizona in 2008, when a Canadian attorney paid $14 million for a 10,000-square-foot mansion on fiveacres along the slope of Paradise Valley's Mummy Mountain. Zekelman Industries is a family of companies, 100% domestic manufacturers. They owned a large house there, which they sold a few years ago. The company name was changed to Zekelman Industries in 2016. But the speedboats stay behind my house (on Lake St. Clair, across from Detroit, in Windsor, Canada). At $6,995,500, it is believed to be one of the most expensive homes on the market in the Essex County area. Most of his business is in the United States. The sale was first reported by Mansion Global Tuesday, while Bloomberg first reported Friday afternoon that a Zekelman-owned firm was behind the purchase. St. Joseph Communications uses cookies for personalization, to customize its online advertisements, and for other purposes. "I didn't know it was news," the Windsor, Ontario, resident told Canwest News Service. Zekelman, who owns steel operations on both sides of the border, was an outspoken supporter of the tariffs. The company had 5 employees at that moment. He has donated significant amounts of money to various causes, including healthcare, education, and community development. HARROW, Ontario Barry Zekelman, a Canadian billionaire whose business is mostly in the United States, is not a guy who likes to lose or go slow. Zekelman, founded in 1877, has never been traded publicly before. The city has a vibrant food scene, with many restaurants offering a variety of international cuisine. Mr. Zekelman, in a settlement deal that his lawyer signed in late March but that was finalized on Friday, also agreed to ask America First Action, which helped support Mr. Trump's 2020 election. "We applaud the FEC for doing its job. Theres a refined elegance to the outside and inside, with solid walnut paneling and flooring, imported limestone, marble and granite. Holy glorious, it looks amazing, is how Windsor-Essex County Association of Realtors president Kim Gazo describes a Russell Woods waterfront home she believes is the most expensive local home ever listed. This was an instant success as many people around the world are interested in, or curious about, these multi-million dollar yachts and their wealthy owners. Canadian steel magnateBarry Zekelmanand his companieshave been fined about $1.2 million Cdn ($975,000 US) for $2.2 million ($1.75 million) in contributions to a political committee that supports former U.S. president Donald Trump and candidates aligned with his agenda. Its definitely a business venture, but if I never made a penny off it and cured cancer, Id be ecstatic, he told the Windsor Star in 2016. var richData = {"name":"Zekelman Family","assets":{"private":77,"other":23,},"rankings":[{"year":"2018","rank":"24","netWorth":"3460000000",},{"year":"2017","rank":"45","netWorth":"2120000000",},{"year":"2016","rank":"37","netWorth":"2460000000",},{"year":"2015","rank":"20","netWorth":"3100000000",},{"year":"2014","rank":"21","netWorth":"2910000000",},{"year":"2013","rank":"19","netWorth":"2750000000",},{"year":"2012","rank":"20","netWorth":"2620000000",},{"year":"2011","rank":"17","netWorth":"2590000000",},]}. The development address is 5825 U.S. Highway 281 South in Marble Falls, a town of 7,500 about 48 miles northwest of Austin. A trusted Simon School advisor, Zekelman has served on the Executive Advisory Committee since 2010. U.S. boat sales reached the highest level in 13 years last year amid the pandemic, per the National Marine Manufacturers Association. Scott Rolen? Daily Kickoff: Meet Georgias only Jewish state legislator + Jeffrey Rosen on the podcast, Daily Kickoff: Hair salon siege in Tel Aviv, Daily Kickoff: Taylor Force Act, round two + Vermonts Welch on Israel visit, Daily Kickoff: Congress to push for official Abraham Accords ambassador, Daily Kickoff: Violence flares in West Bank + Rand Pauls Homeland Security position, Daily Kickoff: Sen. James Lankford on the risks of the U.S. pivoting from the Middle East, Daily Kickoff: Interview with new Maryland Gov. December 24, 2015. The estatealso has 12 garages and a two-story exercise building. Zekelman races Ferraris and has owned a series of yachts named "Man of Steel. Theywere authorized after the company's president, who is American,consulted with another company officer in the U.S. Zekelman acknowledged he also participated in discussions at Zekelman Industries and Wheatland Tube about the contributions, the FECsaid. The public was asked to avoid the area of Ouellette Avenue and Riverside Drive East due to what Windsor police described as an active investigation in the middle of the day on Tuesday. In 2009SuperYachtFanin its current format was published online and soon the focus changed from yacht photos toyacht owners, creating theSuper Yacht Owners Register. The property includes large boat shelters / docking for two large yachts. Often actual yacht ownership by the private individuals mentioned can not be confirmed, at least from a legal point of view. Imposing this serious penalty helps protect the voices of voters from being drowned out by foreign corporations and other special interests," Adav Noti, the CLC's vice-president and legal director, said in a newsrelease. But ironically, much of the interest has come from local people. Housing for Undocumented Immigrants: At that same House Financial Services Committee hearing in late May, Carson defended the administration's proposal to deny federally subsidized housing to undocumented immigrants. Zekelman subsidiaries and locations include:[8], Zekelman Industries provides steel tubing to the US-Mexico border wall. Zekelman puts $31.5M Texas industrial project in pipeline A 16-acre multifamily development headed to North Austin In 10 years, homes in Austin, Texas go from bargain-basement to sky-high They built an amazing and very large new home next to it. Barry Zekelman is a Canadian billionaire. It has five fireplaces, nine washrooms, two kitchens, a 1,625-square-foot garage tucked unobtrusively into the side, a jet ski lift on the dock and a huge covered terrace. You probably need to be more creative marketing the home, she said, perhaps advertising in luxury magazines and on the Internet to appeal to people in other areas who need to be made aware of the Windsor area. The Mediterranean-style mansioncomes with nine bedroom suites and two lofts, all with private patios or balconies. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. 'Holy glorious, it looks amazing,' is how Windsor-Essex County Association of Realtors president Kim Gazo describes a Russell Woods waterfront home she believes is the most expensive local home ever listed. A section of the centre is shown. But you know what? We have enabled email notificationsyou will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Copyright 2023 St. Joseph Communications. 113. He lives with his wife Stephanie Zekelman in a large house in Windsor, near Toronto, Canada. And we thought that was great., Barry Zekelman's Ferrari 458 Italia spotted in Windsor!!!! In total, the Zekelmans have given $25 million to the organization over the years. He sold the company to the Carlyle Group in 2006 for some $1.2 billion, but continued to help run it. Barry M Zekelman is Chairman/CEO at Zekelman Industries Inc. It is one of the most advanced and capable business jets on the market, known for its speed, comfort, and versatility.The G550 has a range of 6,750 nautical miles (12,501 km), which allows it to fly non-stop on long-haul routes such as New York to Hong Kong. & Bloomfield Hills, Mich. Looking for luxury? She said association staff went back to the 1990s looking for homes selling for more than the Matlocks $6.95-million home but couldnt find anything. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Zekelman Industries CEO Barry Zekelman describes the Z-Modular units to College President Patti France and Windsor Mayor Drew Dilkens. Atlas Tube now manufactures the largest HSS and pipe pile size ranges in the world. CBC News has reached out to Zekelman for comment, through a representative of Zekelman Industries, but had not yet heard back at time of publication. A Washington watchdog group has filed complaints of alleged law breaking and ethics violations surrounding Windsor businessman Barry Zekelman's support of Donald Trump, including $1.75 million . The views, especially from the second floor, are unparalleled. He replaced this with a steel-hulled 50m (160ft) Heesen in 2008, the largest they had built at the time.
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