Leonard N. Stern was born on March 28, 1938, in New York. He grew up in a middle-class family, and from a young age, he showed an interest in business and entrepreneurship. After graduating from high school, he enrolled at New York University, where he studied business administration.
In 1957, Leonard N. Stern graduated from New York University with a degree in business administration. His time at the university was transformative, shaping his future career in real estate. In honor of his contributions to the university, the business school was later named after him, recognizing his success and impact in the business world.
After graduating from college, Leonard N. Stern embarked on a successful career in real estate. In 1970, he founded the Hartz Mountain Industries, now known as the Hartz Group, a New York-based real estate company. As Chairman and CEO, Stern played a pivotal role in the company's growth and success.
Leonard N. Stern has always been passionate about giving back to the community. In 1986, he established the non-profit foundation Homes for the Homeless, which aims to provide shelter and support for homeless individuals and families. Through his philanthropic efforts, Stern has made a positive impact on the lives of many people in need.
Leonard N. Stern was married to Judith Stern Peck, with whom he had three children: Emanuel, Edward, and Andrea. The couple divorced in 1980, and Stern later married model Allison Maher. Family has always been important to Stern, and he has worked hard to maintain strong relationships with his children and grandchildren.
Despite his success in business and philanthropy, Leonard N. Stern faced controversy when his son, Edward J. Stern, was accused of illegal financial activities related to mutual funds. The scandal caused a stir in the financial world, tarnishing the Stern family's reputation temporarily. However, Stern remained resilient and focused on his businesses and charitable work.
Leonard N. Stern is a visionary entrepreneur and philanthropist who has left a lasting impact on the real estate industry and the community. His dedication to excellence and his commitment to making a difference have set him apart as a leader in both business and philanthropy. As he continues to make strides in his career and give back to those in need, Leonard N. Stern remains a shining example of success and generosity.