Sanford I. “Sandy” Weill (; born March 16, 1933) is an American banker, financier and philanthropist. He is a former chief executive and chairman of Citigroup. He served in those positions from 1998 until October 1, 2003, and April 18, 2006, respectively.
GROWS UP IN BROOKLYN
The son of Jewish immigrants from Poland, Weill was born in Brooklyn, New York, on March 16, 1933. His father, Max, owned a dressmaking business, and his mother, Etta, was a homemaker. Weill and his younger sister, Helen, grew up in the Bensonhurst neighborhood of Brooklyn. Short and chubby as a boy, Weill was a ready-made target for neighborhood bullies, according to the Wall Street Journal reporter Monica Langley’s 2003 book, Tearing Down the Walls: How Sandy Weill Fought His Way to the Top of the Financial World … And Then Nearly Lost It All. The boy’s failure to stand up for himself brought Weill into conflict with his father, who belittled him for running to his mother whenever the bullies struck.
National Academy Foundation
He serves as Founder and Chairman of the National Academy Foundation (NAF), which oversees more than 60,000 students in 500 career-themed academies of finance, hospitality and tourism, information technology and engineering, in 41 states, as well as the District of Columbia. Ninety-seven percent of NAF’s students graduate, with eighty percent going on to post-secondary education – often as the first in their families to attend college. New York Governor Andrew Cuomo appointed Weill as a member of his New York Education Reform Commission. Weill has received honorary degrees from Howard University, Hofstra University, University of New Haven, The New School, and Sonoma State University.
No private jet
In 2012, Weill was elected a member of the American Academy of Arts and Sciences
Charity & Foundations
“For us, philanthropy is much more than just writing a check. It’s donating your time, energy, experience, and intellect to the causes and organizations you are passionate about.
Pledged $100-million to Weill Cornell Medical College for two new research centers: the Joan and Sanford I. Weill Cancer Research Center and the Joan and Sanford I. Weill Metabolic Syndrome Center. To date, the couple has given a total of more than $600-million the medical college and to Cornell University.
The couple also gave $10-million to Carnegie Hall, where Mr. Weill serves as chairman of the institution’s Board of Trustees. The money will be used to renovate Carnegie Hall’s backstage areas and its upper floors.
In addition, the Weills gave $6.6-million to their Weill Family Foundation (The Patricia & Christopher Weil Family Foundation), which supports a variety of causes. The foundation awarded a total of nearly $1.3-million last year including a $1-million grant to Sonoma Valley Hospital for its emergency center. The couple gave additional donations of about $1.5-million to arts, education, health care, and social-service groups.
Sandy and Joan Weill
Weill married Joan Mosher on June 20, 1955. The couple live in Greenwich, Connecticut. They have two adult children, Marc Weill (formerly married to news anchor E. D. Hill) and Jessica Weill Bibliowicz, and four grandchildren.
Residence > 15 Central Park West NY
In 2012, Sandy Weill sold a penthouse at 15 Central Park West for $88 million one of the highest-priced home sale recorded in New York City.
6.3-acre estate on Round Hill Road in Greenwich, Connecticut
362 acre estate in Sonoma County, California
120+ acre waterfront estate on Saranac Lake, New York
Daniel Loeb, the founder of Third Point LLC, recently purchased Sandy Weill’s 200-foot yacht April Fool