TRUDEAU'S MONEY BAG MAN :The Secret Wealthy Family That Owns Canada: The Bronfmans

..Bloggers note:  these money backers pay the pipers in Canada political leadership since i was born

But mot only in Canada but in the USA predominantly but in another 70 countries on this earth...to be continued

..

Jun 8, 2024

The Bronfman Family, who sold their stake in alcohol empire Seagram's for a staggering $34 billion U.S. dollars, diversified into branching into real estate, the music industry, and tech - among other industries - as they also courted controversy and shadowy connections. In today’s episode of Old Money Luxury, we’ll tell their insane rags to riches saga. -------------------------------------------------- The Canadian Family Who Secretly Bought Up Ireland: The Weston Dynasty:    • The Canadian Family Who Secretly Boug...   -------------------------------------------------- TIMESTAMPS: 0:00 Introduction 1:36 Chapter 1: The Bountiful Bronfmans 5:22 Chapter 2: The Beginnings of The Bronfmans 10:10 Chapter 3: Taking Seagrams Global 14:06 Chapter 4: Philanthropy and Controversy 18:13 Chapter 5: Cults and Kidnapping 22:56 Chapter 6: The Current Generation and the Future -------------------------------------------------- The Bronfman family, with origins deeply rooted in Canadian history, stands as a paradigm of "old money," boasting a legacy that intertwines substantial economic influence with profound philanthropic efforts. Their fortune, originating from the successful Seagram Company, transformed during America's Prohibition era into a global spirits empire, marking the beginning of their vast wealth accumulation. In the early 20th century, Samuel Bronfman, the family patriarch, emerged as a visionary entrepreneur. Fleeing Czarist Russia's pogroms, Samuel's journey to Canada symbolized hope and resilience. His strategic foresight during Prohibition, leveraging the family's distillery to meet the era's demand, cemented the foundation for the family's wealth. By acquiring Joseph E. Seagram and Sons in 1928, Samuel expanded his influence beyond Canadian borders, setting the stage for global recognition. Seagram's transition under Samuel's leadership from a modest distillery to an international conglomerate was revolutionary, marked by diversification into various sectors, including real estate and entertainment. This shift not only diversified the family's wealth but also reinforced their status in the global economic arena. The iconic Seagram Building in New York City, completed in 1958, stands as a testament to their architectural and cultural patronage, embodying the family's commitment to blending corporate success with artistic expression. The Bronfman dynasty's expansion continued through the generations with Edgar Bronfman Sr. taking the helm. Under his guidance, Seagram ventured further into the entertainment industry, acquiring PolyGram and expanding its influence into music and film. Edgar's tenure at Seagram was marked by strategic acquisitions that bolstered the company's portfolio and ensured its dominance in the entertainment sector. However, the family's narrative is not devoid of complexity. Controversies such as the involvement of some family members with the Mega Group and allegations linked to global politics and financial opacity have cast shadows over their philanthropic endeavors. These controversies have intertwined the Bronfmans with figures of dubious repute, complicating their public image. Despite these challenges, the Bronfmans have continued to engage in significant philanthropic activities. Charles Bronfman, in particular, has made notable contributions through initiatives like Birthright Israel, which has had a profound impact on Jewish youth globally, fostering connections to their heritage and Israel. Today, the Bronfman family's legacy is a tapestry of entrepreneurial success and complex intergenerational narratives. Their influence spans from the liquor industry to major philanthropic contributions, making them a central figure in discussions about the impact and responsibilities of "old money" in modern society. In summary, the Bronfmans' story is one of extraordinary economic ascent and significant cultural influence, marked by both commendable philanthropic efforts and entanglements in controversies. Their legacy, built on the foundations laid by Samuel Bronfman, continues to evolve, shaped by each successive generation's choices and challenges.jfjfTRANSCRIPT

on a crisp autumn day in 1958 the

0:02

Seagram building opens its doors

0:04

instantly captivating Park Avenue this

0:07

modernist Masterpiece designed by me

0:09

vanera and Philip Johnson stands as a

0:12

Marvel with its Sleek lines and bronze

0:14

tinted facade crowds gather their eyes

0:18

wide with awe as sunlight reflects off

0:20

the Towering structure giving it an

0:22

almost ethereal glow its innovative

0:25

recessed placement set back from the

0:27

street creates a striking Plaza that

0:30

that enhances its Grandeur this

0:32

thoughtful design not only sets a new

0:35

architectural precedent but also

0:37

influences the future of skyscraper

0:39

construction around the world

0:41

emphasizing open space and urban

0:43

integration and yet as people walk by

0:46

admiring the building's Grandeur few

0:49

realize the story behind its creation

0:52

the Seagram building is the brainchild

0:53

of the bronfman family the multi-billion

0:56

dollar old money Canadian Dynasty that

0:58

started as poor fers and within just a

1:01

few short Generations became one of

1:03

North America's wealthiest and most

1:05

powerful lineages in today's episode of

1:08

old money luxury will tell their insane

1:11

rags to Rich's Saga as they first take

1:13

over the North America alcohol industry

1:16

with unmatched finesse before expanding

1:18

their empire to entertainment grabbing

1:20

the Reigns of power in the music

1:22

industry all the way to their

1:24

controversial connections to Cults

1:26

Jeffrey Epstein and International Spy

1:28

organizations as we describe the Bromans

1:32

the secret wealthy family that owns

Chapter 1: The Bountiful Bronfmans

1:36

Canada as of 2024 the bronfman family of

1:40

Canada continues to sit pretty at top a

1:42

mountain of cash much like their own

1:44

version of the Canadian Rockies and

1:47

their vast wealth originates from the

1:48

Seagram company an alcohol Distillery

1:51

and household name of drinking that

1:52

you're probably already aware of that

1:55

found its footing during America's dry

1:57

spell prohibition indeed this company

2:00

didn't just survive it thrived turning

2:03

into a global Spirits Empire that

2:05

significantly fattened the family's

2:06

wallet now when the Brans waved goodbye

2:10

to Seagram selling it to vendi in 2000

2:12

for a staggering $34 billion US they

2:16

didn't just boost their bank accounts

2:18

they rocketed into the financial

2:19

Stratosphere not content to rest on

2:22

their Laurels the family Diversified

2:24

faster than a billionaire at a tax

2:26

advice seminar branching into real

2:28

estate the music industry and Tech among

2:31

other Industries and at the helm of this

2:34

Filthy Rich Empire is Charles bronfman

2:37

the patriarch with a net worth of $2.5

2:40

billion us as of

2:42

2023 but Charles didn't just ride the

2:45

seagrim wave until its sail he also

2:47

dipped his toes into philanthropic

2:49

Waters co-founding taglet Birthright

2:52

Israel you know the program that

2:54

encourages and even pays Jews from

2:56

across the diaspora to visit to Israel

3:00

and splashing cash on cultural and

3:02

educational causes across Canada the US

3:05

and Israel truly Charles is the

3:08

philanthropic face that launched a

3:10

thousand tax deductions then there's

3:12

Edgar bronfman Jr the prodigal son who

3:15

spun his part of the family fortune into

3:17

a media and entertainment career as the

3:21

former CEO of Warner music group from

3:23

2004 to 2011 Edgar redefined the music

3:26

industry as he helped guide music into

3:29

the streaming era under his watch WG

3:32

embraced digital platforms and tweaked

3:34

its artist relationships For Better or

3:36

Worse ensuring the music didn't stop

3:39

when the market shifted he then

3:41

orchestrated a graceful exit selling wmg

3:45

to access Industries for a cool $3.3

3:48

billion in 2011 not to be outdone by his

3:52

Elders Benjamin bronfman Edgar Junior's

3:55

son tuned into his own entrepreneurial

3:57

and musical gifts with a net worth of

4:00

$100 million Benjamin isn't just sitting

4:03

on his surname he's producing hits his

4:06

notable creds include co-producing Kanye

4:09

West's monster and contributing to the

4:11

controversial song New Slaves snagging

4:13

him a Grammy nod but the bronfman also

4:16

know a thing or two about luxury and in

4:19

2008 thieves tested this knowledge by

4:22

targeting the 22,000 square foot mansion

4:25

of one Paul and Judy brontman the

4:27

robbers made off with Stanley Cup ring

4:29

and a cash of diamonds and gold just the

4:32

tip of the iceberg when it comes to the

4:34

hidden wealth of the family Legacy not

4:36

every bronfman however has faced such

4:38

Misfortune and Jeremy bronfman Edgar

4:41

senior's grandson splurged on a $29

4:43

million Santa Monica estate in

4:46

2021 but this isn't just any pad it's a

4:49

1920s Spanish colonial style Mansion

4:52

featuring everything from a botchy Court

4:54

to a secret Spa hidden from prying eyes

4:58

this estate offers privacy luxury and a

5:00

few fountains for good measure because

5:02

when you're a bronfman why not yet if we

5:06

turn back the clock a little more than a

5:08

century we would see the bronfman family

5:10

little more than struggling Farmers as

5:12

they tried to build a life in the new

5:14

world let's head over to the next

5:16

chapter to find out how this Canadian

5:18

ragster Rich's tale

5:20

[Music]

Chapter 2: The Beginnings of The Bronfmans

5:22

began the first family patriarch and the

5:25

one who would set the foundations for

5:27

the bronfman Dynasty's unfathomable

5:29

wealth was one Samuel bronfman born in

5:33

1889 aboard a ship on route to Canada

5:36

emerging from the depths of the then

5:38

Russian Empire you see Samuel and his

5:41

parents were Jewish refugees escaping

5:43

the brutal prgrams of zaris Russia these

5:46

pgrs were violent riots aimed at

5:48

persecuting Jews often with the support

5:51

or indifference of local authorities and

5:53

consequently fleeing this malevolent

5:55

oppression the Bromans immigrated to

5:58

wapella in Saskatchewan's District of

6:00

ainoya before moving to Brandon Manitoba

6:03

now the name bronfman itself is closely

6:06

associated with Jewish families

6:08

particularly of Russian Jewish and

6:09

Romanian Jewish ancestry and its actual

6:12

meaning adds a shot of irony to the

6:14

entire family history it derives from

6:16

the Yiddish word bronen meaning liquor

6:20

vodka or spirits and is related to the

6:23

German word brandwine which refers to

6:26

again ironically distilled spirits and

6:30

the name originally meant the man who

6:31

made or sold whiskey now Samuel's

6:35

parents once prosperous in zaris Russia

6:38

arrived in Canada with their Rabbi and

6:40

two servants and yel brontman Samuel's

6:43

father attempted to recreate his past

6:45

success but found tobacco farming

6:48

incompatible with the harsh Canadian

6:50

climate to survive yei took on work as a

6:53

laborer for the Canadian Northern

6:55

Railway before securing a better job in

6:57

a sawmill them Yul and and his sons

7:00

turned to selling firewood and trading

7:02

Frozen white fish to sustain themselves

7:04

through the winters eventually they

7:06

moved into trading horses which led them

7:09

into the hotel and bar business and in

7:11

1903 the family purchased a hotel with

7:15

this young Samuel recognizing that

7:17

alcohol sales were highly profitable

7:20

established himself as a liquor

7:22

distributor thus in 1924 Samuel founded

7:26

the distillers Corporation in Montreal

7:28

specializing in in affordable whiskey

7:31

and during prohibition in Canada Samuel

7:33

and his brothers sold male order liquor

7:36

furthermore during this public Banning

7:38

of alcohol use Samuel cleverly navigated

7:41

the era's stringent regulations by

7:44

disguising alcohol sales under medicinal

7:47

labels his strategic foresight to

7:49

stockpile whiskey prior to the repeal of

7:51

Prohibition in the United States

7:53

positioned Seagram to swiftly capture

7:55

the pent up demand for Quality Spirits

7:58

drastically altering the land landscape

7:59

of the liquor industry however it was in

8:03

1928 that Samuel's Vision led to the

8:06

acquisition of Joseph E seam and Sons a

8:09

move that fortified his company's market

8:11

position this acquisition was a Prelude

8:14

to broader expansion which saw Seagram

8:17

extend its reach into wines rums and

8:19

whiskies establishing a formidable

8:21

Global footprint and parallel to

8:24

Samuel's business exploits his wife cidi

8:27

Rosner bronfman championed philanthropic

8:30

causes she played a pivotal role in the

8:32

young women's Hebrew Association in

8:34

Montreal enhancing its programs and

8:37

supporting Jewish women's empowerment

8:40

sades efforts extended to founding the

8:42

Canadian youth Alia and supporting the

8:45

Arts notably through what became known

8:47

as The Seagull Center as time went on in

8:50

the 1930s Samuel's ability to stockpile

8:53

resources and redefine whiskey from a

8:55

bootlegged good to a premium product

8:58

marked a sign significant evolution in

9:00

the industry he introduced rigorous

9:03

standards for bottling and quality

9:04

control fostering a new level of

9:07

consumer trust and brand loyalty then

9:10

the era following World War II was

9:12

marked by strategic growth through

9:14

Acquisitions and

9:15

diversification Seagram expanded its

9:18

portfolio engaging in collaborations

9:20

with European liquor Brands and entering

9:23

new markets like rum this period

9:25

therefore solidified Seagram's status as

9:28

a Powerhouse in the global beverage

9:30

industry then a defining moment in

9:33

Seagram's history and indeed in modern

9:35

architecture was the construction of the

9:37

Seagram building in New York City in

9:40

1958 at a construction cost of $41

9:43

million us it was the world's most

9:46

expensive skyscraper at the time setting

9:48

a benchmark for office Towers worldwide

9:51

and leaving an enduring Legacy in

9:53

architecture and urban planning however

9:56

the life of family patriarch and the

9:58

living embodiment of their success

10:01

exemplified in the Seagram's building

10:03

was only just the beginning of this old

10:05

money Dynasty's expansion into massive

Chapter 3: Taking Seagrams Global

10:11

wealth Edgar miles brontman senior was

10:14

born on the 20th of June 1929 in

10:17

Montreal Quebec and entered the world as

10:20

a Scion of the by then very prominent

10:23

Jewish Canadian brontman family under

10:25

the roof of Samuel brontman and Sidi

10:27

Rosner brontman the household vibrated

10:30

with the rhythms of Jewish tradition

10:33

kosher meals were not merely eaten they

10:35

were ceremonies of faith and weekends

10:37

echoed with the teachings of their

10:39

Heritage yet Edgar and his younger

10:42

brother Charles were pupils of Two

10:44

Worlds their weekdays spent in private

10:46

anglophone schools absorbing lessons in

10:49

chapels and navigating diets alien to

10:52

their upbringing his academic Pursuits

10:54

in Canada were rigorous and continued at

10:57

Williams college in the United States

10:59

but the call of Home brought him back to

11:01

Montreal where he completed a bachelor's

11:03

degree in Commerce at McGill University

11:05

in 1951 and the bronfman estate in West

11:08

Mount where Edgar grew up was a fortress

11:10

of luxury staffed with a butler a cook

11:13

three Maids a laundress a gardener a

11:16

chauffeur and two nannies despite this

11:19

opulence Edgar recalled a home life

11:22

marked by a palpable emotional void a

11:25

glaring contrast to the material

11:27

abundance that surrounded him this juter

11:30

position of emotional scarcity against

11:32

the backdrop of financial wealth

11:34

profoundly shaped his adult life

11:36

culminating in a poignant return to his

11:37

roots and emergence as a pivotal figure

11:40

in Jewish philanthropy and Charles

11:42

Rosner bronfman Edgar's younger brother

11:45

shared a similar upbringing born in June

11:48

1931 also in Montreal his formative

11:51

years echoed Edgar's rich in privilege

11:53

and expectation Charles's educational

11:56

path mirrored Edgar's culminating in a

11:59

Bachelor of Arts in economics and

12:01

political science from McGill University

12:03

soon Edgar assumed his destined role in

12:06

seagm the family's distilled beverage

12:08

Empire becoming its transformative

12:11

leader president Treasurer and CEO from

12:14

the 1950s through the 1990s joining the

12:17

company in 1951 and quickly taking

12:20

charge of its us operations in 1953 he

12:23

initiated a period of aggressive

12:25

expansion and diversification under his

12:28

stewardship seum not only broadened its

12:30

product range but also ventured into

12:32

wines Champagnes and cognac

12:35

significantly diluting its dependency on

12:37

Whiskey this strategic diversification

12:40

was highlighted by the acquisition of

12:42

Tropicana products in 1988 propelling

12:45

Seagram into the non-alcoholic beverage

12:47

Market moreover Edgar's Vision led to

12:50

lucrative investments in non-traditional

12:52

sectors such as a significant stake in

12:54

the chemical Behemoth Dupont this

12:56

Venture not only Diversified seag

12:59

portfolio but also underlined Edgar's

13:02

capacity to identify and capitalize on

13:05

opportunities outside the traditional

13:07

liquor market during his tenure

13:09

Seagram's influence was unmatched in the

13:11

distilled Spirits Market in the United

13:13

States with one in three alcoholic

13:16

beverages consumed in the 1950s being

13:19

produced by Seagram Charles not to be

13:21

overshadowed also made substantial

13:23

contributions to Seagram joining the

13:26

company in 1951 and ascending to roles

13:28

of increasing

13:30

responsibility in addition to his

13:32

corporate achievements Charles's tenure

13:34

as chairman of the Montreal expose

13:36

brought Major League Baseball to

13:38

Canadian soil marking another notable

13:40

chapter in his diverse career his

13:42

business Endeavors in Israel like the

13:45

expansion of the Super Soul grocery

13:47

chain and the acquisition of core

13:49

Industries limited further showcased his

13:51

business prowess and dedication to

13:54

growth and Innovation however with great

13:56

power comes not only great

13:58

responsibility but also great scrutiny

14:01

and the bronfman Legacy has had much of

14:03

it over the

Chapter 4: Philanthropy and Controversy

14:07

decades despite their Monumental

14:09

philanthropic efforts and prodigious

14:11

business Acumen the brontman family's

14:14

association with the mega group adds

14:16

another layer to their story founded in

14:18

1991 by Charles bronfman and the

14:21

recently controversial Tycoon Les Wexner

14:24

this informal assembly of influential

14:26

Jewish entrepreneurs included Hollywood

14:28

director Steven Spielberg and Seagram

14:31

chairman Edgar brontman senior meeting

14:34

by anually they discussed philanthropy

14:36

and Jewish Affairs significantly

14:38

impacting initiatives like Birthright

14:40

Israel and the partnership for

14:42

excellence in Jewish Education but

14:44

speculation and controversy have always

14:47

trailed the mega group particularly due

14:49

to its alleged ties to intelligence

14:52

operations reports suggest the group

14:54

maintained contacts with mad potentially

14:57

influencing US foreign policy in the

14:59

Middle East these allegations imply that

15:02

the mega group might have served as a

15:04

covert base for intelligence activities

15:07

within the United States though solid

15:09

evidence remains Elusive and the

15:12

involvement of Jeffrey Epstein a

15:14

financier notorious for his criminal

15:16

activities related to sex trafficking

15:18

further complicates the brontman history

15:21

Epstein's close association with les

15:23

Wexner a mega group founder is

15:26

particularly troubling Wexner hired

15:28

Epstein as his Financial Manager

15:30

granting him significant control over

15:32

his financial affairs including

15:35

essentially gifting Epstein his

15:37

notorious New York townhouse mansion and

15:40

giving power of attorney and a board

15:42

position at the Wexner Foundation to

15:44

Epstein furthermore Epstein reportedly

15:48

used his connections within the mega

15:49

group to create a network of

15:51

high-ranking contacts in business media

15:54

and politics Epstein's ties to the mega

15:57

group have fueled suspicion about his

15:59

potential involvement in intelligence

16:01

operations yet the brontman legacy is

16:05

not solely defined by

16:07

controversy Charles brontman Samuel's

16:09

progeny furthered this benevolent

16:12

Heritage by co-founding Birthright

16:14

Israel in 1999 alongside Michael

16:17

steinhardt this initiative aimed at

16:20

fortifying Jewish identity and

16:22

continuity offers young Jewish adults

16:24

from around the globe a complimentary

16:26

10-day sojourn to Israel strengthening

16:29

their bonds with their Heritage and the

16:31

Jewish State since its Inception

16:34

Birthright Israel has welcomed over

16:36

850,000 participants from 68 countries

16:40

fundamentally altering their connection

16:42

to Jewish culture and Israel Research

16:45

indicates that Birthright Israel

16:47

significantly boosts Jewish

16:49

identification among youths cementing

16:51

its reputation as a pivotal Jewish

16:54

cultural

16:55

experience and Adam bronfman standing on

16:58

the shoulders of of his forbears

17:00

continues to weave this familial

17:01

Narrative of philanthropy with a focus

17:04

on Jewish learning and Community

17:06

Building as president of the Samuel

17:08

bronfman Foundation named for his

17:10

grandfather Adam Champion's religious

17:13

pluralism and Jewish Education his

17:15

tenure has seen significant expansions

17:18

in Jewish learning and community

17:20

outreach programs particularly through

17:22

his involvement with Hillel

17:23

International and the creation of Hillel

17:26

chapters in places like Santa Barbara

17:28

and Utah

17:29

further Adam has actively engaged in the

17:32

growth of Temple har shalom in Park City

17:34

Utah funding its construction and

17:37

endowing a rabinal chair in honor of his

17:40

grandmother Sidi Rosner bronfman his

17:43

dedication also manifests in his

17:45

critique of divisive religious policies

17:47

in Israel advocating for a more

17:50

inclusive Jewish practice across various

17:53

denominations and yet the pendulum swing

17:55

of shadowy connections and public facing

17:58

philanthropy in the bronfman family

18:00

doesn't stop simply with mega group or

18:02

their work with Israel as we'll see in

18:05

the next chapter family members have

18:07

also been both the victims and the

18:09

perpetuators of some of the most

18:10

salacious

Chapter 5: Cults and Kidnapping

18:14

crimes in the summer of 1975 a Sinister

18:17

plot enveloped the young heir of the

18:19

bronfman Legacy Samuel bronfman II just

18:23

21 and an air to the bronfman fortune

18:26

vanished in a dramatic incident that

18:28

captivated the nation on August 8th

18:31

after a seemingly ordinary dinner at his

18:33

father's residence in Yorktown Heights

18:35

New York Samuel departed alone in his

18:37

vehicle as Dawn broke the brontman

18:40

household was shaken by a chilling phone

18:42

call Samuel with a Tremor in his voice

18:45

announced his Abduction the perpetrators

18:48

Mel Patrick Lynch and Dominic burn were

18:50

merciless and they demanded an

18:52

unprecedented Ransom of $4.6 million

18:56

threatening to kill Edgar brontman

18:58

senior with cyanide laced bullets if

19:01

their demands were unmet Samuel they

19:03

claimed lay buried with a limited air

19:06

supply a maab countdown ticking away the

19:09

media seized upon the story transforming

19:12

it into a spectacle that Drew throngs of

19:14

reporters and the morbidly curious to

19:16

the bromfman estate despite the

19:18

kidnappers desperate pleas for silence

19:21

the public thirst for details only

19:23

intensified for days Edgar bronfman

19:26

senior dutifully followed their cryptic

19:28

instructions navigating from one pay

19:31

phone to another in the vicinity of John

19:33

F Kennedy Airport on August 16th The

19:36

crucial exchange occurred Edgar met one

19:39

of the criminals in Woodside Queens

19:41

handing over half of the ransom $2.9

19:44

million while the FBI watched from the

19:46

Shadows they traced the getaway car to

19:49

Lynch's apartment in Brooklyn but chose

19:51

patience over immediate action the next

19:54

day law enforcement struck they stormed

19:57

Lynch's apartment and found Samuel

19:59

bronfman a sight to freeze the blood

20:01

bound gagged and blindfolded Lynch and

20:04

burn were promptly arrested but the

20:06

trial that followed was a bitter pill

20:09

the defense painted Samuel as a willing

20:11

participant in his own kidnapping this

20:13

twist seeding doubt led to their

20:15

acquittal on kidnapping charges though

20:18

they were convicted of extortion the

20:20

verdict left the bronfman family feeling

20:22

abandoned by Justice the accusations

20:25

against Samuel leaving scars that would

20:27

never heal years passed and the bronfman

20:30

Legacy grew even more Tangled Sara and

20:33

Clare bronfman ayses to the Seagrams

20:36

liquor Empire became entangled with

20:38

alleged cult nexum in the early 2000s

20:41

Sara's introduction to nexum came via a

20:44

family friend in 2002 during a period of

20:47

existential searching she swiftly became

20:49

enamored with Keith Ran's so-called

20:52

self-help group plunging deep into its

20:54

folds and persuading her sister CLA to

20:56

join her their father initially

20:59

intrigued grew wary upon discovering

21:01

cla's massive loans to Ranier eventually

21:04

branding nexum as a cult Sara's role

21:06

while significant was largely behind the

21:09

scenes providing financial support and

21:11

participating in nexum Inner Circle her

21:14

dedication persisted even as allegations

21:17

of abuse emerged in 2019 she severed her

21:21

ties relinquishing her stakes in nexum

21:23

properties in a complex Financial

21:25

Arrangement but her involvement left a

21:27

lasting impression

21:29

cla's involvement however ran deeper and

21:32

darker she sought personal Redemption

21:35

within nexum becoming one of its most

21:37

fervent supporters and financiers her

21:40

contributions estimated at $150 million

21:43

funded legal battles against nexum

21:45

detractors and even Ran's private jet

21:48

expenses and this devotion led to her

21:51

downfall in 2019 Clare pled guilty to

21:55

charges related to harboring illegal

21:57

aliens for financial G

21:59

and fraudulent identification use

22:01

despite her plea cla's loyalty to Ranier

22:04

and nexum remained unshaken the court

22:07

however saw through her facade in

22:10

September 2020 CLA was sentenced to 6

22:13

years and 9 months in prison exceeding

22:16

prosecutor recommendations and the judge

22:19

condemned her use of wealth and status

22:22

to intimidate and retaliate against

22:24

nex's opponents yet even Behind Bars her

22:28

steadfast support for raniera continued

22:31

to provoke controversy and Fascination

22:34

the bronfman name once synonymous with

22:36

opulence and philanthropy now bore the

22:39

stigma of Scandal and crime a stark

22:41

transformation under the Relentless

22:43

scrutiny of public and media alike and

22:46

yet even with all of the controversy

22:49

their next Generations have continued on

22:51

From Success to success we'll see in the

22:54

next

Chapter 6: The Current Generation and the Future

22:56

chapter Steven bronfman a luminary of

22:59

Canadian Commerce and heir to the

23:01

storied Seagram Empire has become a

23:03

central figure in the political

23:05

landscape of Canada particularly with

23:07

the liberal party and his influence was

23:09

especially prominent from the early

23:11

2000s to the 2010s A Time marked by his

23:15

deep political engagement the pivotal

23:18

moment in bronfman's political story

23:20

occurred in 2013 when Justin Trudeau

23:23

then a hopeful for the leadership of the

23:25

Liberal Party enlisted bronfman's

23:27

support rman utilized his expansive

23:30

Network and financial Acumen to secure

23:32

crucial funds for Trudeau's campaign and

23:35

his efforts were integral to Trudeau's

23:37

Victory and his Ascent to the prime

23:39

minister's office in 2015 with Trudeau

23:42

in power bronfman was appointed Chief

23:44

fundraiser for the Liberal Party charged

23:47

with rejuvenating its Financial

23:48

structure his role was explicitly

23:51

non-voting centered solely on

23:53

fundraising efforts a point emphasized

23:56

by party officials to quell any specul

23:58

ation about his influence over policy

24:01

however 2017 brought controversy for

24:03

bronfman through the paradise papers

24:06

Scandal the documents revealed his and

24:08

his associates use of offshore Havens

24:11

suggesting that Millions were channeled

24:12

through the colber trust in the cman

24:14

islands by bronfman's firm clarage these

24:18

Revelations ignited discussions on

24:20

potential tax avoidance though bronfman

24:22

and his team maintained that their

24:24

actions were legal and fully compliant

24:26

with existing laws despite these

24:29

challenges bronfman maintained

24:31

significant sway within the liberal

24:33

party and his long-standing friendship

24:35

with Trudeau and their Mutual support

24:37

cemented his status as a crucial player

24:40

in the party's fundraising success their

24:42

close relationship was evident in their

24:44

public appearances from personal

24:46

Milestones like Trudeau's wedding to

24:48

prestigious events such as state dinners

24:51

with foreign dignitaries meanwhile Edgar

24:53

bronfman Jr another Sion of the brontman

24:56

family made Unforgettable marks on the

24:59

music industry during the

25:01

1990s as head of Seagram Edgar was not

25:04

satisfied with overseeing the family's

25:06

liquor business alone and he soon

25:08

envisioned transforming Seagram into a

25:11

significant entertainment conglomerate

25:13

particularly Within the Music sector

25:16

this Vision led to the landmark purchase

25:17

in 1995 of an 80% stake in MCA records

25:22

from Matsushita for 5.7 billion US a sum

25:26

far surpassing Sony's expenditure on CBS

25:29

records in the previous decade this

25:31

acquisition heralded crr's foray into

25:34

the music industry with Edgar quickly

25:36

rebranding MCA records as universal

25:39

music group or umg which would come to

25:43

dominate the global music scene under

25:45

Edgar's leadership umg was reinvigorated

25:48

by strategic Acquisitions including the

25:51

Monumental purchase of polygram in 1998

25:54

for $10.4 billion and despite the

25:57

digital Revolution and declining

25:59

physical album sales Edgar remained an

26:01

optimistic proponent of streaming and

26:03

subscription models anticipating their

26:05

potential to revolutionize music

26:08

distribution and ensure industry growth

26:11

under his stewardship umg flourished

26:14

navigating the competitive landscape of

26:16

the music industry and adapting to the

26:18

digital age securing its position as a

26:21

Titan in the realm of Global Music

26:24

similarly Benjamin bronfman born in 1982

26:28

had Musical inclinations that took a

26:30

notable turn when he crossed paths with

26:32

kanyer West collaborating with West he

26:35

co-produced tracks like monster from the

26:37

grammy-winning album My Beautiful Dark

26:40

Twisted Fantasy and contributed to New

26:42

Slaves the lead single on West's yizus a

26:46

work that garnered a Grammy nomination

26:48

but bronfman's entrepreneurial Zeal

26:51

wasn't confined to music in 2007 his

26:54

environmental interests were on display

26:56

when he co-founded global thermost at

26:58

with graciella chichil nisi an economist

27:01

this Venture focused on developing

27:03

technology to capture carbon dioxide

27:06

directly from the atmosphere by 2010

27:09

they had realized their Vision with a

27:11

pilot plant at the Stanford Research

27:12

Institute marking a significant step in

27:15

the fight against climate change in 2018

27:18

brontman Diversified his business

27:20

interests by founding dghh an investment

27:23

firm targeting the burgeoning medical

27:25

cannabis industry he also took on a

27:27

direct torial role at Bed roken

27:29

International a European company

27:31

specializing in pharmaceutical grade

27:33

cannabis these days his Investments span

27:37

various sectors from technology startups

27:39

to real estate collectively amassing a

27:42

net worth of1 100 million Us by

27:45

2024 similarly Hannah bronfman born in

27:48

October of 1987 also in New York City

27:52

carved her own investment Niche

27:54

leveraging the bronfman family name

27:56

armed with a degree from College Hannah

27:59

invests early stage Ventures

28:01

intersecting Wellness Beauty and

28:03

Technology such as kind body topicals

28:06

and poppy seed Health Beyond her

28:09

entrepreneurial Endeavors much like

28:11

other Millennial and gen Zed bronfman

28:13

Hannah has made her Mark as a DJ

28:16

captivating audiences at high-profile

28:18

brand events for Bulgari Dior and Fendi

28:22

thus from their humble Origins tilling

28:25

the soil as struggling Farmers the

28:27

bronfman family Family First leveraged

28:29

hotels then by using that excess cash to

28:32

buy Seagram they not only dominated the

28:34

alcohol industry but also ultimately

28:36

expanded their empire into entertainment

28:38

and finance shaping a legacy of

28:40

unparalleled Global impact in the end

28:43

and now we'd like to see you in the

28:45

comments are you a native of North

28:47

America and have felt the influence of

28:50

the bramman family in your own life and

28:52

what is your opinion of their legacy we

28:55

love hearing the thoughts of our

28:56

community and we look for forward to

28:58

having a cono with you below thanks

29:00

again for joining us for another episode

29:02

of old money luxury and cheers until

29:05

next time