Edward Linde Explained

Edward H. Linde
Birth Date:22 June 1941
Birth Place:Brooklyn, New York, US
Death Place:Boston, Massachusetts, US[1]
Occupation:Real estate developer
Spouse:Joyce Goldfine
Children:2
Alma Mater:MIT (B.S., Civil Engineering, 1962)
Harvard Business School (MBA, 1964)

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

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

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.

Forbes ranked him tied as the 840th richest billionaire worldwide in 2007, with a net worth of US$1.1 billion.[8]

Philanthropy

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.[9]

Personal life

In 1963, he married Joyce Goldfine (born 1943) whom he had met in college; they had two children, Douglas Linde and Karen Linde Packman.[10] [11]

Edward Linde died from pneumonia in 2010.

As of 2016, Joyce Linde was worth $1.5 billion.[12]

Notes and References

  1. Web site: United States, GenealogyBank Obituaries, 1980-2014. FamilySearch. 18 July 2016.
  2. Web site: United States Social Security Death Index. FamilySearch. 18 July 2016.
  3. Web site: Developer, Hub benefactor Edward Linde dead at 68. Casey. Ross. The Boston Globe. 2010-01-12.
  4. Web site: Edward Linde recalled for fine projects, good works. Thomas. Grillo. Ira Kantor. Boston Herald. 2009-01-12.
  5. Web site: 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. Web site: Artwork: Hanukkah Lamp. Museum of Fine Arts, Boston.
  7. Web site: Newsletter of the American Jewish Historical Society, Vol.2 No.1. 2004.
  8. Web site: The World's Billionaires. https://web.archive.org/web/20070311224222/http://www.forbes.com/lists/2007/10/07billionaires_The-Worlds-Billionaires_Rank_35.html . dead . March 11, 2007 . Forbes. 2007-03-08.
  9. Web site: Linde Family Foundation . Inside Philanthropy. February 14, 2019.
  10. Web site: Edward Linde . The New York Times. January 12, 2010 .
  11. Web site: Alma (Kranetz) Goldfine . The Boston Globe. July 3, 2011 .
  12. Web site: Adams . Dan . Here's a new list of the richest people in Mass. . The Boston Globe. June 10, 2016.