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Draft:David Fox

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David Fox
Born (1967-02-17) February 17, 1967 (age 57)
CitizenshipAmerican
Occupations
Years active1984-Present
Known forJava Holdings, Inc.
FatherCharles Fox (composer)

David Fox is an American businessman and real estate developer. He is known as the co-founder and CEO of Java Holdings, Inc., a company specializing in liquidating excess food and merchandise inventories.[1]

Early life and education

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David Fox was born in Queens, New York, to Charles and Joan Fox. In 1970, his family relocated to Los Angeles, California, when his father’s business moved to the area. He grew up with two siblings. David dropped out of high school in 1984, the same year he co-founded his first business venture, Valley Homes Magazine, an advertising platform for real estate in the San Fernando Valley.[2]

Career

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David Fox’s entrepreneurial journey began in real estate with Valley Homes Magazine, which he sold to Real Estate Express shortly after launching. He then worked for the Rich Gold Company, focusing on land acquisition for multi-family housing projects.[3] In 1987, Fox co-founded Wurtzel and Fox Investment Company, which became a prominent developer of condominiums, apartment buildings, and shopping centers in California.[4] Notable developments included a project with the City Of Norwalk redevelopment agency to redevelop 5 urban acres into 249-unit apartment building.[5][6]

In 1990, Fox expanded into the tech-driven real estate market by co-founding Real Estate Communications Inc., which owned and operated RENT LINE. It allowed prospective renters to match with available properties using a push-button phone system.[2]

Fox's career later transitioned into food distribution. In 1991, he joined LA Foods as a purchasing agent and eventually became a full partner.[7][8][9] He left LA Foods in 2003 to start Deja Foods, which specialized in excess food inventory liquidation. Deja Foods faced financial challenges, filing for bankruptcy in 2006, but reorganized under the name Buckaroos Holding Corporation.[10][11] Later, David Fox resigned as CEO in disagreements about funding from lead investors. In 2008, Fox and his wife, Eden Fox, co-founded Java Holdings, Inc., a company that liquidates excess and obsolete inventory worldwide.[1][12]

References

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  1. ^ a b Severson, Kim (2022-08-15). "Dented, Dated, Discontinued? At the Salvage Grocery, It's Called a Deal". The New York Times. Retrieved 2024-10-02.
  2. ^ a b "Real Estate Turns Teen Into Tycoon". Orlando Sentinel. 2021-07-28. Retrieved 2024-10-02.
  3. ^ Kinchen, David M. (1987-03-22). "Elated by 1986, Developers See Hope for Repeat". The Los Angeles Times. Retrieved 2024-10-02.
  4. ^ Puig, Claudia (1986-12-11). "'I was evicted by the Russians, Romanians, Germans and now the Americans.' : Renters' Plight Elicits Reform Plan". The Los Angeles Times. Retrieved 2024-10-02.
  5. ^ Archives, L. A. Times (1988-01-21). "Norwalk : 246-Unit Apartment OKd". The Los Angeles Times. Retrieved 2024-10-02.
  6. ^ Archives, L. A. Times (1987-03-22). "16th ANNUAL SURVEY OF RESIDENTIAL BUILDING : BUILDING LEADERS". The Los Angeles Times. Retrieved 2024-10-02.
  7. ^ "USA: Direct2Government Reports Wide Acceptance, Rapid Growth; Government Agencies and Food Manufacturers Signing On". Just Food. 2000-08-23. Retrieved 2024-10-02.
  8. ^ Klein, Karen E. (2001-03-05). "Numbers Game Left Online Food Distributor Hungry for Sales". The Los Angeles Times. Retrieved 2024-10-02.
  9. ^ Caterinicchia, Dan (2000-11-07). "Site delivers good deals on grub". Nextgov.com. Retrieved 2024-10-02.
  10. ^ "SECURITIES AND EXCHANGE COMMISSION: DEJA FOODS, INC" (PDF). Secdatabase. 2006-04-19. Retrieved 2024-10-02.
  11. ^ "UNITED STATES SECURITIES AND EXCHANGE COMMISSION: BUCK-A-ROO$ HOLDING CORPORATION (FORMERLY DEJA FOODS, INC.)". www.sec.gov. 2007-03-31. Retrieved 2024-10-02.
  12. ^ "Dented, outdated, discontinued? In salvage stores it is called bargain". Chicago Tribune (in Spanish). 2022-08-17. Retrieved 2024-10-02.