David Nazarian

David Nazarian
Born Iran
Alma mater California State University, Northridge
Marshall School of Business
Occupation Founder and CEO of Nimes Capital
Religion Conservative Judaism
Spouse(s) Angella Nazarian
Children 2 sons
Parent(s) Younes Nazarian
Soraya Nazarian
Relatives Izak Parviz Nazarian (uncle)
Sam Nazarian (brother)
Website NimesCapital.com

David Nazarian is an Iranian-born American businessman, investor and philanthropist.

Early life

David Nazarian was born circa 1962 in Iran.[1][2] His father, Younes Nazarian, is a businessman and philanthropist. His mother, Soraya Nazarian, is a philanthropist. His paternal uncle, Izak Parviz Nazarian, is also a businessman and philanthropist. Nazarian immigrated to the United States with his parents during the Iranian Revolution of 1979.[2]

He graduated from California State University, Northridge, where he received a Bachelor of Science degree in Business Administration in 1982.[1][3][4] He received a Master of Business Administration from the University of Southern California.[3]

Career

Nazarian is the founder of Nîmes Capital, an investment firm.[3][4][5] He serves as its Chief Executive Officer.[4] He acquired real estate from the Resolution Trust Corporation in the first half of the 1990s.[4] Additionally, he acquired hotels in the early 2000s and sold them for profit in 2008.[4] He has also invested in wireless and broadband technology as well as clean energy.[4] In 2012, Nîmes Capital acquired TD Food Group, a fast food company which owns and operates Pizza Hut and Taco Bell restaurants in Hawaii, Guam and Saipan,[6] from Brentwood Associates.[7]

Philanthropy

He serves on the Board of Governors of Cedars-Sinai Medical Center.[3] He serves as the Chair of the Investment Committee and a member of the Board of Directors of the UCLA Foundation.[4][8] He also serves on the Board of Leaders of the USC Marshall School of Business.[4] Additionally, he serves on the Board of Directors of the Harvard Graduate School Leadership Institute.[9]

With his wife, he has endowed the David and Angella Nazarian Youth Program at Sinai Temple, a Conservative synagogue in Westwood, for children from the 9th to the 12th grade.[10] In 2014, they were also honored for their Jewish and pro-Israel philanthropy by Hillel 818, the chapter of Hillel: The Foundation for Jewish Campus Life for students at California State University, Northridge (CSUN), Pierce College and the Los Angeles Valley College.[10] Additionally, they endowed the Angella and David Nazarian Social Innovators in Residence program at the Wharton School of the University of Pennsylvania.[11]

In 2014, he made a charitable contribution of $10 million to his alma mater, CSUN.[1] He also chairs a campaign to fundraise an additional $15 million.[1] As a result, the CSUN David Nazarian College of Business and Economics was named in his honor.[1][4]

Personal life

He is married to Angella Nazarian, a non-fiction author.[1][12] They have two sons.[12]

References

  1. 1 2 3 4 5 6 Dana Bartholomew, David Nazarian, 1982 CSUN graduate, gives university $10 million, aims to raise $15 million more, Los Angeles Daily News, March 27, 2014
  2. 1 2 Q&A: David Nazarian on Giving Back to His Alma Mater, Los Angeles, April 3, 2014
  3. 1 2 3 4 David Nazarian, Bloomberg Business
  4. 1 2 3 4 5 6 7 8 9 Nazarian Gift CSUN, April 9, 2014
  5. ↑ CSUN Announces Naming of the David Nazarian College of Business and Economics, CSUN Today, March 26, 2014
  6. ↑ TD Food Group, Inc., Bloomberg Business
  7. ↑ Stephanie Silverstein, Owner of Taco Bells, Pizza Huts sells to Nimes Capital, Pacific Business News, December 28, 2012
  8. ↑ UCLA Investment Committee
  9. ↑ Harvard Graduate School Leadership Institute: Board of Directors
  10. 1 2 Nurit Greenger, Hillel 818 Honors David & Angella Nazarian, The Times of Israel, September 24, 2014
  11. ↑ Wharton School of the University of Pennsylvania: Nazarian Social Innovator in Residence
  12. 1 2 Gabriel Kahn, Something to Talk About: How Angella Nazarian’s First “Women A.R.E.” Conference Came to Be, Los Angeles, November 5, 2013

External links

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