Marcus Besen
Marcus Besen | |
|---|---|
| Born | 19 December 1923 |
| Died | 8 November 2023 (aged 99) Australia |
| Nationality | Romanian Australian |
| Occupation | Businessman |
| Known for | Co-founder of Sussan |
| Spouse | Eva Besen (née Gandel) |
| Children | 4; including: |
Marcus Besen AC (19 December 1923 – 8 November 2023) was a Romanian-born Australian businessman, philanthropist, and Holocaust survivor. He was the managing director of fashion retailer Sussan from 1951 to 1980, and he was involved in various philanthropic activities. In 2015, he was appointed a Companion of the Order of Australia.
Early life and education
[edit]Marcus Besen was born on 19 December 1923 in Cernăuți County, Kingdom of Romania, to a Jewish family, the son of Gusta and Simon Besen.[1] He was a Holocaust survivor who fled from Romania and the Nazis after World War II. He survived the sinking of his small boat off Turkey, and arrived in Australia in 1947.[2][3][4]
Besen attended the University of Melbourne, where he graduated with a degree in economics. He went on to study at Harvard Business School in 1963.[citation needed]
Career
[edit]Initially, Besen worked as a hosiery supplier. In the 1950s, he went into business with John Gandel running the Sussan clothing stores that had been started by John's parents, Sam and Fay Gandel, as a Collins Street corsetry store in 1939. Besen married John's sister, Eva Gandel. Sussan grew rapidly: by the 1960s it had become one of Australia's largest fashion retailers and Besen was the managing director from 1951 to 1980. While expanding the number of Sussan outlets, they diversified by adding fashion chains Suzanne Grae and Sportsgirl.[2]
By 1990, there were 168 Sussan and 152 Suzanne Grae stores.[5]
The Sussan group also acquired interests in shopping centres, including Highpoint, Chatswood Chase, Whitehorse Plaza, and Moonee Ponds Market Place.[5] In 2006, the Besen family sold a 50% stake in Highpoint Shopping Centres for $621 million to GPT Group. The Besens sold their remaining 25% stake in Highpoint in 2017, for $680 million, also to GPT.[2][6]
TarraWarra
[edit]The Besens owned and operated a 300 hectares (740 acres) winery and cattle stud named TarraWarra, in the Victorian Yarra Valley. This is also the site where they established the TarraWarra Museum of Art in 2000.[5][4]
Philanthropy
[edit]In addition to his work in the fashion industry, Besen and his wife, Eva, were involved in various philanthropic activities over many years. They established their family foundation, named The Besen Family Foundation, in 1978.[2]
The Besens donated millions of dollars to the arts in Australia. They were the largest individual donors to the Australian Centre for Contemporary Art, which was renamed the ACCA – The Leonie and Marcus Foundation in their honour. Marcus served as trustee for the Australian National Gallery, and as deputy chair of the National Museum of Australia. They also supported the National Gallery of Victoria, of which Marcus was a trustee; the Melbourne Symphony Orchestra; the Australian Ballet; and other cultural institutions.[7][4] In 2000, they established the Besen Family Performing Arts Centre and the Eva and Marc Besen School of Music at Mount Scopus College.[8]
The Besens also supported medical research and healthcare. They donated $15 million to the Royal Children's Hospital in Melbourne, which named its cancer centre after them. They also gave to the Olivia Newton-John Cancer and Wellness Centre and the Baker Heart and Diabetes Institute.[9]
The Besens also supported education. They donated $10 million to the University of Melbourne to establish the Besen Family Foundation Chair in Design. They also gave to other educational institutions, including Monash University and RMIT University.[10]
The Besens supported various other causes, mostly focused on social welfare and the environment. They gave to organizations including the Australian Red Cross, the Brotherhood of St Laurence and the Australian Conservation Foundation.[11][12]
Personal life
[edit]Besen married Eva Gandel on 15 June 1950. The couple had four children: Naomi Milgrom AC, Carol Schwartz AO, Debbie Dadon AM and Daniel Besen. Eva was also an art patron and philanthropist, and the couple were known for their philanthropic work, having donated millions of dollars to various charities and causes.[12][13][14]
In addition to his philanthropic work, Besen was a collector of contemporary art. He and his wife commissioned a private art collection that is Australia's first privately funded public art gallery, the TarraWarra Museum of Art, which houses around 500 works including works by many prominent Australian artists.[13][15]
Marcus Besen died on 8 November 2023, at the age of 99.[16] Eva predeceased him in 2021.[17]
Honours and awards
[edit]Besen was awarded an honorary Doctor of Philosophy by Tel Aviv University in 1985.[citation needed] In recognition of his contributions to the community, he was appointed an Officer of the Order of Australia in 1988.[18]
In 2001, he was awarded the Australian Centenary Medal.[19]
In the 2015 Australia Day Honours list, he was appointed a Companion of the Order of Australia "for eminent service to the visual and performing arts as a leading benefactor and supporter, through philanthropic contributions to a range of social welfare, community health, educational and youth initiatives, and to business".[20][15]
Net worth
[edit]As of May 2023[update], Besen and his family's net worth was assessed by The Australian Financial Review at A$2.23 billion.[21]
| Year | Australian Financial Review Rich List |
Forbes Australia's 50 Richest | ||
|---|---|---|---|---|
| Rank | Net worth (AUD) | Rank | Net worth (USD) | |
| 2020[22] | 35 
|
$2.24 billion
|
||
| 2021[23] | 53
|
$2.05 billion
|
||
| 2022 | 52 
|
$2.20 billion
|
||
| 2023[21] | 56
|
$2.23 billion
|
||
| Legend | |
|---|---|
| Icon | Description |
|
Has not changed from the previous year |
|
|
Has increased from the previous year |
|
|
Has decreased from the previous year |
References
[edit]- ^ Who's who in Australia 2009: An Australian Biographical Dictionary and Register of Prominent People. Crown Content. 2007. p. 249. ISBN 978-1-74095-166-1. Retrieved 5 December 2023.
- ^ a b c d "Marc Besen AC, b. 1923". National Portrait Gallery. Retrieved 5 May 2023.
- ^ Westerman, Helen; Urban, Rebecca (26 January 2006). "Aussie gongs to big names in business". The Age. Retrieved 5 May 2023.
- ^ a b c Leibler, Mark (8 November 2023). "Vale Marc Besen: A life of success and generosity made in adversity". The Sydney Morning Herald. Retrieved 22 November 2023.
- ^ a b c "Marcus Besen". Australian Financial Review. 6 April 1990. Retrieved 5 May 2023.
- ^ Tran, Stephanie (5 January 2021). "Marc Besen". Michael West. Retrieved 5 May 2023.
- ^ Butler, Ben (8 October 2020). "Philanthropists Marcus and Leonie Besen donate $1m to Melbourne Symphony Orchestra". The Guardian.
- ^ "Foundation Matters: Annual Report 2022" (PDF). Mount Scopus College Foundation. Retrieved 5 May 2023.
- ^ Butler, Ben (4 October 2021). "Philanthropists Marcus and Leonie Besen donate $15m to Royal Children's Hospital cancer centre". The Guardian.
- ^ Cantillon, Suzanne (3 September 2012). "Marcus Besen: The man who put the family into fashion". The Age.
- ^ Cantillon, Suzanne (3 September 2012). "Marcus Besen: The man who put the family into fashion". The Age.
- ^ a b Boyd, Tony (18 October 2014). "Marcus Besen". The Australian.
- ^ a b "Leonie and Marcus Besen's $16m Contemporary Art Collection on Show". The Australian Jewish News. 25 October 2018. Retrieved 22 September 2021.
- ^ Hornery, Andrew (15 August 2019). "My Brilliant Career: Eva Besen, art patron". The Australian. Retrieved 22 September 2021.
- ^ a b Mills, Tammy (23 January 2015). "Melbourne billionaire Marc Besen's long love of art recognised in Australia Day honours". Sydney Morning Herald. Retrieved 5 May 2023.
- ^ Lenaghan, Nick (8 November 2023). "Rich Lister, retailer, philanthropist: Marc Besen dies". The Australian Financial Review. Retrieved 8 November 2023.
- ^ Kohn, Peter. "Tributes flow in for Eva Besen". The Australian Jewish News. Retrieved 8 November 2023.
- ^ "Award extract: Mr Marcus BESEN, Officer of the Order of Australia". honours.pmc.gov.au. Australian Government: Department of the Prime Minister and Cabinet. Retrieved 5 May 2023.
In recognition of service to the community and commerce
- ^ "Award extract: Mr Marcus BESEN, Centenary Medal". honours.pmc.gov.au. Australian Government: Department of the Prime Minister and Cabinet. Retrieved 5 May 2023.
For service to the arts as a philanthropist
- ^ "Award extract: Mr Marcus BESEN, Companion of the Order of Australia". honours.pmc.gov.au. Australian Government: Department of the Prime Minister and Cabinet. Retrieved 5 May 2023.
- ^ a b Bailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 6 June 2023.
- ^ Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed". Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.
- ^ Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 28 May 2021.