Raphael Recanati

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Raphael Recanati
BornFebruary 12, 1924
Salonika, Greece
DiedMay 28, 1999
New York City, U.S.
NationalityIsrael; United States
Occupation(s)Businessman, banker, philanthropist
Spouse(s)
Dina Hettena
​
​
(m. 1946, died, his)​
[1]
Children2, including Michael Recanati (son)
Parent
RelativesLeon Recanati (nephew)

Raphael Recanati (1924–1999) was a Greek-born Israeli-American businessman, banker, and philanthropist. He was the founder and chairman of the Overseas Shipholding Group. He was the chairman of the Israel Discount Bank from 1982 to 1986.

Biography[edit]

Raphael Recanati was born in Salonika, Greece,[2][3] the son of Leon Yehuda Recanati.[4] He immigrated to Mandatory Palestine with his family in 1935, where he was educated.[2] Meanwhile, his father founded the Israel Discount Bank in 1935.[2] Recanati served in the Palmach, when he helped bring Egyptian Jews into Palestine (modern-day Israel).[2][5]

Recanati married to Dina Hettena in 1946.[2] They had two sons.[2] They resided in Manhattan , New York, East Hampton, New York and in Herzliya Pituach in Israel.[2] Recanati died of a heart failure in 1999.[2][6] He was seventy-five years old.[3][7]

Business career[edit]

Recanati founded the Israel-America Shipping Line, later known as the Overseas Shipholding Group, in 1948.[2] He served as its founding chairman.[2] He subsequently served as the "chairman of its finance and development committee".[2] In 1949 Recanati founded a subsidiary of his family bank in New York City known as the Israel Discount Bank of New York.[3]

Recanati served as the managing director of his family bank, the Israeli Discount Bank, in 1965.[8] By then, the bank had an office in New York City.[8] By 1970, he founded its investment banking subsidiary.[2] He subsequently co-founded two more subsidiaries, the Discount Investment Corporation and the PEC Israel Economic Corporation New York.[2] He served as the chairman of the Israel Discount Bank from 1982 to 1986.[3]

In 1986, Recanati was suspended for three months by the Bank of Israel over a dispute in his role in the 1983 Israel bank stock crisis.[9] He was convicted and sentenced to an eight-month sentence[10] in Jerusalem over allegations of fraud.[3] One of five charges was quashed on appeal resulting in a suspended sentence.[10]

Philanthropy[edit]

Recanati made large charitable contributions to the Beth Israel Medical Center, a hospital based in New York City where the Recanati Cardiology Research Fund and the Recanati/Horowitz Cardiology Diagnostic Research Fund was named in his honor.[2] He also endowed the Recanati/Miller Transplantation Institute at Mount Sinai Hospital.[11] Further donations went to the UJA-Federation of New York.[2]

Recanati endowed the Recanati Israel Student Exchange Fellowships at Yeshiva University, where he was a guardian.[2] He also endowed the Recanati course at the Rabbi Isaac Elchanan Theological Seminary.[2] Additionally, he endowed the Dina and Raphael Recanati Professorship in Medicine at the Harvard Medical School, which is held by Dr. Jerome Groopman.[12]

In Israel, Recanati served on the boards of trustees of the Weizmann Institute of Science, the American Friends of Ben-Gurion University of the Negev, and the American Friends of Tel Aviv University, where he endowed the Recanati School of Business.[2] He also endowed the Raphael Recanati Genetic Institute at the Beilinson Hospital, in the Petah Tikva-based Rabin Medical Center.[13] The Raphael Recanati International School at the Interdisciplinary Center Herzliya was named in his honor.[14]

References[edit]

  1. ^ "系统发生错误".
  2. ^ a b c d e f g h i j k l m n o p q r Saxon, Wolfgang (June 2, 1999). "Raphael Recanati, Philanthropist, Dies at 75". The New York Times. Retrieved March 7, 2016.
  3. ^ a b c d e "Obituaries: Raphael Recanati; Israeli Banker, Shipping Magnate". The Los Angeles Times. June 1, 1999. Retrieved March 7, 2016.
  4. ^ Alex Roland; W. Jeffrey Bolster; Alexander Keyssar (2008). The Way of the Ship: America's Maritime History Reenvisoned, 1600-2000. John Wiley & Sons. pp. 401–402. ISBN 978-0-470-13600-3. Retrieved 9 March 2016.
  5. ^ "Harry Recanati | the Ralli Museums".
  6. ^ Nitzan, Jonathan; Bichler, Shimshon (2001). The Global Political Economy of Israel: From War Profits to Peace Dividends. London, United Kingdom: Pluto Press. p. 306. ISBN 9780745316758. OCLC 225932782.
  7. ^ "Raphael Recanati". The Daily Herald. Chicago, Illinois. June 6, 1999. p. 17. Retrieved March 9, 2016 – via Newspapers.com.
  8. ^ a b "15 Foreign Banks Have NY Headquarters". Oshkosh Northwestern. Oshkosh, Wisconsin. March 20, 1965. p. 23. Retrieved March 9, 2016 – via Newspapers.com.
  9. ^ "Israeli Cabinet order banker suspended". The San Bernardino County Sun. San Bernardino, California. July 14, 1986. p. 3. Retrieved March 9, 2016 – via Newspapers.com.
  10. ^ a b Levin, Elazar (31 May 1999). "Mister Raphael". Globes. Retrieved 23 December 2017.
  11. ^ "The Recanati / Miller Transplantation Institute". Mount Sinai Hospital. Retrieved March 9, 2016.
  12. ^ "Dina and Raphael Recanati Professor of Medicine". Harvard Catalyst. Harvard University. Archived from the original on March 9, 2016. Retrieved March 9, 2016.
  13. ^ "The Raphael Recanati Genetic Institute - Beilinson". Rabin Medical Center. Retrieved March 11, 2016.
  14. ^ "Raphael Recanati (1924–1999)". IDC Herziya. Retrieved March 7, 2016.
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