Zygi Wilf
Zygmunt "Zygi" Wilf is an American billionaire businessman and real estate developer. He is the chairman and co-owner of the NFL's Minnesota Vikings and the majority owner of Major League Soccer's Orlando City SC.
Early life
Wilf was born in West Berlin on April 22, 1950. His parents, Joseph and , are Polish Jews and Holocaust survivors from Nazi occupied Poland. The Wilf family immigrated to the United States from Europe in the early 1950s and settled in Hillside, New Jersey. After a brief stint as a used car salesmen, Joseph and his brother Harry Wilf began purchasing apartment buildings and renting units. Eventually, the brothers began building single-family homes and founded Garden Homes. A real estate developer, his two main family-run businesses, Garden Homes and Garden Commercial Properties, have constructed some 25,000 homes in 39 states across the country since their initial ventures; the two entities and their affiliates own and manage in retail and business property.Wilf attended Fairleigh Dickinson University, earning a bachelor's degree in economics in 1971, and later earned a J.D. degree from New York Law School in Manhattan in June 1974. President Richard Joel presented him with an honorary doctorate from Yeshiva University in May 2010 at the university's 79th commencement. Zygi, along with his brother Mark Wilf, serve as trustees of Yeshiva University. He received an honorary degree at Fairleigh Dickinson's 69th Commencement Ceremony in May 2012.
Career
After working as an attorney, Wilf joined the family business and became head of one of the company's affiliates, Garden Commercial Properties. Wilf has grown the company from four shopping centers in Northern New Jersey to over a hundred properties, including several large malls. In addition to the commercial properties, the Garden companies also own and manage 90,000 apartment units around the country.[Minnesota Vikings]
Wilf and five partners purchased the Minnesota Vikings of the National Football League from Red McCombs in 2005 for a reported 600 million. Forbes estimated the 2020 value of the franchise at 2.95 billion, 17th of the 32 NFL teams or the 33rd of the 50 most valuable sports teams.For several years, the Vikings and Wilf stated that their former home, the Hubert H. Humphrey Metrodome, was inadequate and lobbied for a new stadium. In May 2012, the Minnesota Vikings moved closer to getting a new $975 million stadium after the state senate approved a plan that relies heavily on public financing. Later that month the deal was signed by Governor Mark Dayton and narrowly approved by the Minneapolis City Council, ending any speculation of relocation. The new stadium, U.S. Bank Stadium, opened in July 2016 on the site of the former Metrodome.