Marvin Davis Biography Quotes 3 Report mistakes
| 3 Quotes | |
| Born as | Marvin H. Davis |
| Occup. | Businessman |
| From | USA |
| Spouse | Barbara Levine (1951) |
| Born | August 28, 1925 Newark, New Jersey, USA |
| Died | September 25, 2004 Beverly Hills, California, USA |
| Aged | 79 years |
Marvin H. Davis was born on August 31, 1925, in Newark, New Jersey, USA, to Jack and Jean Spitzer Davis. Raised in a Jewish family, Davis demonstrated a keen sense for business and enterprise from a young age. He attended the New York University Tandon School of Engineering, where he earned a degree in engineering.
Career Beginnings
After graduating, Davis joined his family's oil exploration business, the Davis Oil Company, founded by his father. He played a significant role in transforming the company into a major oil exploration and production business.
Rise to Prominence in Business
Throughout the 1960s and 1970s, Marvin Davis expanded his reach in the oil industry, building a considerable fortune. By the late 1970s, his wealth and influence enabled him to diversify his holdings. In 1981, Davis, in partnership with financier Marc Rich, purchased Twentieth Century Fox for $720 million. Not long after, Davis and Rich parted ways, leaving Davis the sole owner of the studio. In 1985, he sold Fox to Rupert Murdoch for over $300 million.
Beyond Fox, Davis's empire extended into real estate, hotels, and sports. He made attempts to acquire businesses such as the Denver Broncos (a team his family would later own for a period), and he owned major properties including the Pebble Beach Company and Beverly Hills Hotel.
Personal Life and Philanthropy
Marvin Davis married Barbara Levine in 1951. Together, they had five children: Patricia, John, Nancy, Gregg, and Dana. His family became well-known in both business and philanthropic circles. Notable among his children is his daughter Patricia Davis Raynes, who became prominent in society, and his son John Davis, a film producer.
The Davis family became noted philanthropists, contributing to hospitals, universities, and the arts. Marvin and Barbara, in particular, were active in medical and children's charities, including work with the Children's Diabetes Foundation.
Later Years and Death
Throughout the 1990s and early 2000s, Davis continued to invest in various industries, including entertainment, real estate, and sports franchises. Despite occasional public disputes among his heirs and within the business community, he maintained the status of one of America's most successful and influential entrepreneurs.
Marvin H. Davis died on September 25, 2004, in Beverly Hills, California, at the age of 79, reportedly from natural causes related to diabetes. His legacy as a shrewd dealmaker and philanthropic figure endures in both the business world and among the institutions he supported.
Legacy
Marvin Davis is remembered as a quintessential American business magnate who made a dramatic impact on the oil, entertainment, real estate, and sports industries. His deal-making prowess, risk-taking, and philanthropic generosity have left a lasting mark on American business history.
Our collection contains 3 quotes who is written by Marvin, under the main topics: Witty One-Liners - Startup - Travel.
Frequently Asked Questions
- Who are Brandon Davis' parents? Brandon Davis' parents are Nancy Davis and Nebil Zarif.
- Is Brandon Davis the grandson of Marvin Davis? Yes, Brandon Davis is the grandson of Marvin Davis.
- How much was Marvin Davis worth when he died? Marvin Davis was reportedly worth around $5.8 billion at the time of his death.
- What happened to Marvin Davis? Marvin Davis died in 2004 at the age of 79.
- How old was Marvin Davis? He became 79 years old
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