Peter brant house
Peter Brant
American businessman
For his son, the American socialite and model, see Peter Brant II.
Peter Brant | |
---|---|
Born | Peter Mark Brant () March 1, (age77)[1] New York City, U.S. |
Almamater | University of Colorado Boulder |
Occupation | Chairman of Brant Foundation |
Spouses | Sandra Simms (m.) |
Children | 8, including Peter |
Peter Mark Brant Sr. (born March 1, ) is an American industrialist[2] and art collector.[3] He is married to model Stephanie Seymour.[3] He was also a magazine publisher until and a film producer.
Tommy andrews: Subscriber Support Expand the sub menu. Download as PDF Printable version. Brant was an executive producer of the award-winning films Basquiat and Pollock In February , White Birch Paper restructured under Chapter 11 proceedings, due to excessive debt and declining demand for newsprint.
Early life and education
Brant was raised in Jamaica Estates, Queens,[3] the son of Lily and Murray Brant. Both parents were Jewish immigrants from Bulgaria.[4][5] Brant's father co-founded the paper converter (primarily converting paper into newsprint) Brant-Allen Industries with his brother-in-law (father of H.
Joseph Allen).[3] He has one sister, Irene Brant Zelinsky.[6][7] Brant was a childhood friend of U.S. president Donald Trump.[8][9]
He attended the University of Colorado but did not graduate; rather, he left school to work for his father's company.[3]
Career
Newsprint
Brant went to work at Brant-Allen Industries, a paper conversion company co-founded by his father.
In the early s, Brant and his cousin, H. Joseph Allen — the son of Murray Brant's business partner — led the company into the manufacturing side of the business and expanded the company into paper mill (converting pulp into paper) ownership purchasing a mill in Rivière-du-Loup, Quebec and partnering with the Washington Post and Dow Jones to purchase a mill in Ashland, Virginia.[3]
In the early s, as paper demand continued to decline, Brant embarked on a buying spree purchasing a second Quebec mill in for $ million (from Enron) and a third Quebec mill in for $ million.[3] In , he bought out his partner and changed the name of the company to White Birch Paper Company.
Also in , he purchased SP Newsprint Co for $ million, a newsprint manufacturer with operations in Oregon and Georgia.[3] The purchase gave Brant control of 22% of the North American newsprint market, second to AbitibiBowater with 43%.[3] Brant expanded SP Newsprint into paper recycling operating 23 recycling facilities through its SP Recycling unit.
In a court filing around , Brant said the ailing newsprint market and the recession had slashed his net worth to less than $ million from $ billion that year.[3]
In February , White Birch Paper restructured under Chapter 11 proceedings, due to excessive debt and declining demand for newsprint.
The company emerged from bankruptcy in January and closed its main pulp and paper mill in Quebec City, sending home more than workers. White Birch owns two other mills in Quebec, Canada and one in Ashland, Virginia.[11] In , Brant pledged a portion of his art collection as security to purchase White Birch Paper out of bankruptcy in partnership with Black Diamond Capital Management LLC for $ million in cash and $78 million in debt.[12] Brant remains as CEO of White Birch Paper.[13]
In November , SP Newsprint Co filed for Chapter 11 bankruptcy due to excessive debt and declining demand for newsprint.
SP Newsprint operates two mills in Dublin, Georgia and Newberg, Oregon and 23 recycling facilities. In September , SP Newsprint was purchased out of bankruptcy by SP Fiber Technologies LLC for an undisclosed amount.[14]
In May , Brant, as Art Media Holdings, merged the magazine Art in America with its principal competitor ARTnews.
Artnet reported his company announced that ARTnews would go to a quarterly publication schedule, down from monthly. The latter had run an article asking whether the Brant Foundation was a tax scam or an art investment vehicle.[15][16]
In May , White Birch Paper announced that it would idle paper making operations at its Bear Island newsprint mill in Ashland, Virginia.
The mill produced , metric tons of newsprint annually.
In , Penske Media Corporation, the parent company of Variety magazine, acquired ARTnews and Art in America from Brant.[17]
Brant Publications, Inc.
Brant was the owner and chairman of Brant Publications, Inc., located in New York City, founded in BPI published three magazines:
- Interview was founded by artist Andy Warhol and John Wilcock in late For a brief period in the s, Brant and his wife Sandra invested in Interview.
Brant Publications acquired Interview from Warhol's estate in [18] In , a company owned by Brant, Singleton LLC, purchased Interview magazine out of bankruptcy.[19]
- The magazine Antiques is a monthly arts publication that focuses on architecture, interior design, and fine and decorative arts.
Regular monthly columns include news on current exhibitions and art-world events, notes on collecting, and book reviews. The magazine was founded in and underwent a complete redesign in
- Modern, was launched in and is a magazine devoted to design, decorative arts and architecture.[20][21]
Film producer
Brant's interest in art also led him to film production.
He was a producer of L’Amour () and Andy Warhol's Bad (). Brant invested $, in Bad, and when the film was a commercial failure it caused a rift in their friendship.[22] Brant blamed Warhol for "not giving his all to the project, and proceeded to put five big Warhols up for auction at Sotheby’s in "[23] In September , Warhol stated in his diary: "I had to meet Peter Brant for lunch at the office.
He picked out some prints, and now we're all settled with him on the money he invested in Bad and he never has to come back. Good."[24]
Brant was an executive producer of the award-winning films Basquiat () and Pollock ().[25] He was also co-producer of the Peabody- and Emmy-award-winning PBS documentary, Andy Warhol: A Documentary ().[26] Brant was also a producer of The Homesman ().[27][28]
Art collection and the Brant Foundation
Main article: Brant Foundation
Brant is one of the world's Top art collectors.[29] He bought his first pieces of art after turning an $8, investment into several hundred thousand dollars as a young man.[3] His first purchases according to The New York Times, included "a couple of Warhols and, later, a major Franz Kline.”[3] In , Brant commissioned Andy Warhol to paint his cocker spaniel, Ginger.
Warhol made two paintings of Ginger, as well as drawings. Brant is one of the largest collector's of Warhol's art.[30]
Brant is a member of the Advisory Council of the Andy Warhol Museum in Pittsburgh. The Museum of Contemporary Art in Los Angeles named Brant to its board of trustees in December [31]
Brant's collection is on display to the public at the two locations of the Brant Foundation Art Study Center, in Greenwich, Connecticut and the East Village neighborhood of Manhattan.
His collection includes numerous works by Warhol, Jean-Michel Basquiat, Jeff Koons, Dan Flavin, Glenn Ligon, and Cady Noland.[30][29] Brant is one of Basquiat's major collectors.[32] In , he sold his Basquiat painting Boy and Dog in a Johnnypump () to Ken Griffin for more than $ million.[33]
Kentucky Derby and polo
Brant was a member of the partnership who owned Classic winner Swale, who won both the Kentucky Derby and Belmont Stakes and was American Champion Three-Year-Old Colt that year.[34] In addition, Brant was responsible for bringing stallion Mr.
Prospector to Claiborne Farm in Paris, Kentucky. Mr. Prospector, who began his stud career in Florida in , went on to be one of the most influential sires in the American Stud-Book since the first of his progeny began racing in Brant was the breeder of Kentucky Derby winner Thunder Gulch. Thunder Gulch is the son of Gulch out of the mare Line of Thunder, who were both owned and bred by Brant.[35]
Brant is also a polo player and at one time was the highest-rated amateur player in the U.S.
Brant is the co-founder of the Greenwich Polo Club, the Saratoga Polo Association,[36] and the Bridgehampton Polo Club.[37]
Personal life
Marriages
His first marriage was to Sandra "Sandy" Simms (born ). They met while attending the University of Colorado[38] and divorced in [38] She later married writer Ingrid Sischy.[38]
On July 14, , Brant married model Stephanie Seymour outside of Paris, with gallery owner Tony Shafrazi serving as best man at the ceremony.[39] In , the couple filed for divorce, but subsequently reconciled in [39][40][41]
Children
Brant had eight biological children with his two wives, and one stepchild.
Two of his biological children died within a two year period.[42][43]
Brant and first wife Sandra Simms have five children together. Four of their children have worked for Brant companies:
- Christopher as president of White Birch
- Ryan (c. ) as director of Brant Publications (c.
). He also founded Take-Two Interactive at age He was CEO until , and left the company in [44][45] He died in March , at the age of 47, due to cardiac arrest caused by aspiration.[42][45]
- Kelly as online director Brant Publications
- Allison as director of the Brant Foundation,[3] and manager of her father's art collection[46]
- Lindsay (c.
), an artist, has not worked for a Brant company[47]
Brant and Stephanie Seymour have two sons and one daughter together, and Brant is stepfather to Seymour's son:
Tax evasion
In , Brant was investigated for tax evasion resulting from having his company pay for $1 million in personal expenditures.
He pled guilty to charges of failing to keep records and was sentenced to three months in a federal prison and $, in fines.[50][51]
References
- ^United States Public Record Number
- ^"Peter Brant and Stephanie Seymour put their contemporary art collection on show" from The Art Newspaper
- ^ abcdefghijklmnSegal, David (January 23, ).
"For Richer or for Not Quite as Rich". The New York Times. ISSN Retrieved September 23,
- ^Friedman, Vanessa (December 30, ). "Lunch with the FT: Peter Brant". The Financial Times.
- ^Adams, Michale Henry (January 25, ). "New York's Prince Harry".
Medium.
- ^Bloomberg: "Buy a Paper Mill Heiress’s Greenwich Mansion for $ Million Irene Brant Zelinsky, whose family developed more than 1, acres in Greenwich, is moving on" By James Tarmy July 27,
- ^Greenwich Time: "Lisa Beth (Berger) Zelinsky Obituary" July 31,
- ^"Donald Trump Biography: Before the Presidency".
Biographics. May 16, Retrieved October 26,
- ^Moment Magazine: "Growing Up Trump - How Donald Trump’s Youthful Encounters with Jews Helped Shape the Man, and President, He is Today." BY MARC FISHER May 16,
- ^News & Tach: "White Birch files for bankruptcy"[usurped] February 25,
- ^Bloomberg: "Baron Brant Pledges Warhols to Revive Family Business" By Miles Weiss and Katya Kazakina September 28,
- ^PRN Newswire: "BD White Birch Investment LLC Completes Acquisition of White Birch Paper Company" September 18,
- ^Waste "SP Fiber Buys Paper Recycling Firm SP Newsprint" by Allan Gerlat September 11,
- ^"Peter Brant 'Assumes Control' of His Magazines".
May 27,
- ^Jerry Saltz (January 12, ). "Is the Brant Foundation a Tax Scam or an Art Investment Vehicle?". artnet News. Retrieved January 12,
- ^"PMC Buys ARTnews, Art in America". Variety. November 13, Retrieved November 23,
- ^"Interview Magazine Is Sold".Peter m brant biography On July 14, , Brant married model Stephanie Seymour outside of Paris, with gallery owner Tony Shafrazi serving as best man at the ceremony. In February , White Birch Paper restructured under Chapter 11 proceedings, due to excessive debt and declining demand for newsprint. Thunder Gulch is the son of Gulch out of the mare Line of Thunder, who were both owned and bred by Brant. Newsprint [ edit ].
The New York Times. May 9, ISSN Retrieved August 29,
- ^Jonathan, Randles (August 29, ). "Publisher Peter Brant Buys Interview Magazine Out Of Bankruptcy". Wall Street Journal.
- ^Publishing Executive: "Brant Publications Launches MODERN Magazine" June 12,
- ^Modern Magazine on-line
- ^Colacello, Bob (December ).
"Interview—Back To The Future?". Vanity Fair. 52 (12):
- ^Colacello, Bob (December ). "Interview—Back To The Future?". Vanity Fair. 52 (12):
- ^Warhol, Andy; Hackett, Pat (). The Andy Warhol Diaries. New York, NY: Warner Books. p. ISBNEntry date: September 23, : CS1 maint: postscript (link)
- ^Variety: "Review: ‘Pollock’" September 7,
- ^Variety: "Review: ‘Andy Warhol: A Documentary Film'" August 31,
- ^Deadline: "Hailee Steinfeld Joins Tommy Lee Jones Frontier Pic 'The Homesman'" April 10,
- ^Variety: "Cannes Film Festival: Early Pics Include Tommy Lee Jones’ ‘The Homesman,’ ‘How to Train Your Dragon 2’" April 16,
- ^ ab"Top Collectors: Peter M.
Brant". . September 10, Retrieved January 8,
- ^ abSilva, Horacio (January 27, ). "Peter Brant Is Still Shaking Up the Art World". Architectural Digest. Retrieved January 8,
- ^Museum Publicity: "The Museum of Contemporary Art (MOCA) Elects Trustees Peter M.
Brant, Steven T. Mnuchin, and Victor Pinchuk" December 21,
- ^Lerma, Martin (June 4, ). "A Jean-Michel Basquiat Painting Just Sold for $ Million".
- Peter brant ii partner
- Peter brant net worth 2024
- Peter brant, son
- Peter brant net worth 2023
Robb Report. Retrieved January 8,
- ^Block, Fang. "Ken Griffin Buys a Jean-Michel Basquiat for More Than $ Million". Barron's. Retrieved January 8,
- ^"Another Generation Takes the Helm, - Claiborne Farm".Sandra brant Brant and first wife Sandra Simms have five children together. Children [ edit ]. The New York Times. Segal, David January 23,
Claiborne Farm. Retrieved April 11,
- ^Kentucky Derby, Derby History, Thunder Gulch
- ^Palm Beach Daily News: "Saratoga Celebrates Polo Club's Revival" July 19,
- ^Hamptons Online: "The Sport of Kings Returns To Bridgehampton Polo Field" by Edward Callaghan July 21,
- ^ abc"Meet the godparents of Elton John's new baby".
Evening Standard UK. January 12, Retrieved September 24,
- ^ abHolson, Laura M. (August 20, ). "Brant vs. Brant: Divorce Celebrity Style". The New York Times. ISSN Retrieved September 23,
- ^Los Angeles Times: "Stephanie Seymour, husband Peter Brant call off divorce thanks to Navajo blanket" by Emily Christianson April 13,
- ^Friedman, Debra; Writer, Staff (September 21, ).
"Brant-Seymour divorce battle ends with reconciliation".
- Tommy andrews
- Peter m brant biography wife
- Peter m brant stephanie seymour
GreenwichTime. Retrieved September 23,
- ^ ab"Ryan A. Brant, 47, Art Publisher & Software Entrepreneur". Antiques and The Arts Weekly. April 3, Retrieved September 23,
- ^ abChloe Melas (January 19, ).
"Harry Brant, son of model Stephanie Seymour, has died". CNN.
Peter m brant biography wikipedia April 3, May 16, Stephanie Seymour. Greenwich, Connecticut.Retrieved January 20,
- ^Hatfield, Daemon (October 18, ). "Take-Two Founder Resigns". IGN. Archived from the original on September 3, Retrieved July 18,
- ^ ab"Sotheby's to Offer Collection of Take-Two Founder Ryan Brant, Led by a Selection of More Than 25 Works by KAWS | Auctions News".
.
Peter m brant biography death Hatfield, Daemon October 18, Film producer [ edit ]. November 13, One of their sons Ryan Brant, passed away inSeptember 26, Retrieved September 23,
- ^Vogel, Carol (March 18, ). "How Allison Brant Became Her Father's Heir Apparent". Town & Country. Retrieved December 29,
- ^"~LINDSAY BRANT «". Retrieved December 29,
- ^New York Times: "The New Princes of the City (There’s Even a Harry)" By WILLIAM VAN METER June 20,
- ^"Harry Brant, Son of Stephanie Seymour and Peter Brant, Dead at 24".
- ^Forbes: Take Who? "Take-Two (Interactive designs a very profitable father-and-son game)" by Neil Weinberg April 12,
- ^"New York Magazine". July 18,