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Edward Linde

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Edward H. Linde
Born22 June 1941
Brooklyn, New York, US
Died10 January 2010(2010-01-10) (aged 68)
Boston, Massachusetts, US[1]
Alma materMIT (B.S., Civil Engineering, 1962)
Harvard Business School (MBA, 1964)
OccupationReal estate developer
SpouseJoyce Goldfine
Children2

Edward H. Linde (June 22, 1941 – January 10, 2010[2]) was an American real estate developer and philanthropist in Boston, Massachusetts.[3][4][5] Alongside Mortimer B. Zuckerman, he co-founded Boston Properties in 1970.[3]

Biography

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Linde was born to a Jewish family[6][7] in Brooklyn on June 22, 1941, the son of Irving and Dorothy Linde.[8] In 1958, he moved to Boston in 1958 to attend MIT where he studied civil engineering[3] and graduated in 1962.[8] In 1964, he graduated from Harvard Business School and went to work for Cabot, Cabot & Forbes[3] where he met Mortimer B. Zuckerman.[8]

He and Zuckerman redeveloped much of East Cambridge into the area now known as Kendall Square, helping create a U.S. technology hub, with Harvard and MIT researchers mixing with firms such as Google, Microsoft, Biogen Idec, and Novartis.[3] In Boston, Linde was responsible for properties such as the office towers at 28 State Street and One Boston Place.[3] Perhaps his most prominent contribution to the city was the Prudential Center, where he helped transform a disjointed area into a retail mecca.[3] In 2007, he was succeeded as company president by his son, Douglas T. Linde.[9]

Forbes ranked him tied as the 840th richest billionaire worldwide in 2007, with a net worth of US$1.1 billion.[10]

Philanthropy

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Linde was chairman of the board of the Boston Symphony Orchestra, a director of Jobs for Massachusetts, WGBH, and Boston World Partnership, and a trustee at the Beth Israel Deaconess Medical Center.[3] The west wing of Boston's Museum of Fine Arts is named after him, his wife, and the Linde family in recognition of the more than $25 million they donated to the museum.[3] He also was a major donor to his alma mater, the Massachusetts Institute of Technology,[3][5] the Dana–Farber Cancer Institute, and Combined Jewish Philanthropies of Greater Boston.[11]

Personal life

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In 1963, he married Joyce Goldfine (born 1943) whom he had met in college; they had two children, Douglas Linde and Karen Linde Packman.[12][13][8]

Edward Linde died from pneumonia in 2010.[9]

As of 2016, Joyce Linde was worth $1.5 billion.[14]

References

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  1. ^ "United States, GenealogyBank Obituaries, 1980-2014". FamilySearch. Retrieved 18 July 2016.
  2. ^ "United States Social Security Death Index". FamilySearch. Retrieved 18 July 2016.
  3. ^ a b c d e f g h i j Ross, Casey (2010-01-12). "Developer, Hub benefactor Edward Linde dead at 68". The Boston Globe.
  4. ^ Grillo, Thomas; Ira Kantor (2009-01-12). "Edward Linde recalled for fine projects, good works". Boston Herald.
  5. ^ a b "Edward Linde '62, former MIT Corporation member, dies at age 68: Real estate investor's generous gift helped publicly launch MIT's Campaign for Students". MIT News. 2010-01-11.
  6. ^ Museum of Fine Arts, Boston. "Artwork: Hanukkah Lamp".
  7. ^ "Newsletter of the American Jewish Historical Society, Vol.2 No.1" (PDF). 2004.
  8. ^ a b c d "Edward H. Linde, Zuckerman's Partner, Dies at 68". The New York Times. January 19, 2010.
  9. ^ a b Douglas, Craig M. (May 3, 2011). "Ed Linde estate transfers $1B in Boston Properties stock". Boston Business Journal.
  10. ^ "The World's Billionaires". Forbes. 2007-03-08. Archived from the original on March 11, 2007.
  11. ^ "Linde Family Foundation". Inside Philanthropy. Retrieved February 14, 2019.
  12. ^ "Edward Linde". The New York Times. January 12, 2010.
  13. ^ "Alma (Kranetz) Goldfine". The Boston Globe. July 3, 2011.
  14. ^ Adams, Dan (June 10, 2016). "Here's a new list of the richest people in Mass". The Boston Globe.