About Matthew Bucksbaum
Matthew Bucksbaum was an American businessman and philanthropist. Matthew and his brothers Martin and Maurice co-founded General Growth Properties. In 1954, Bucksbaum and his brother Martin borrowed $1.2 million and built the first shopping center in Cedar Rapids, Iowa, anchored by a fourth family grocery store. Matthew and his brothers Martin and Maurice co-founded General Growth Properties (NYSE: GGP). In 1984, General Growth sold 19 malls for $800 million to Equitable Real Estate, which was deemed the "nation's largest single asset real estate transaction" to date. Bucksbaum was its chairman and chief executive officer, and under his tenure he formed two real estate investment trusts and expanded the company's portfolio of malls and shopping centers via more than $36 billion in acquisitions.
Biography source: Wikipedia. The profile adds birthday-specific historical context from the Celebs Birthday Today editorial database.