Stephen Swid was an American businessman, investor, and music licensing innovator. He had worked for several companies, an independent film distributor, and 21 Club. He was best known for transforming Sesac, into an influential in the music industry.
Moreover, he started his career as a Wall Street analyst and money manager. He then teamed up with a partner, Marshall Cogan, and had taken over a series of businesses. However, the successful businessman passed away at the age of 78 on 6 October 2019 at his home in the Bronx, New York City. Further, his family reported his death was caused by the complications of frontotemporal degeneration.
Caption: Stephen Swid, the investor, and entrepreneur.
Stephen Swid: Bio, Family, Career
The entrepreneur was born on 26 October 1940 as Stephen Claar Swid in Manhattan, New York City. He was born as the son of Dave and Selma Swid, further, his father was a trucking executive who had helped to build the New England Thruway. He has a nationality of American and belongs to a Jewish family.
Regarding his education, he had graduated from Ohio State University. Following that, he went on to become the founder and senior partner of an investment limited partnership, Swid Investors. At the time, he also became the general partner of the private management company City Associates, a senior investment officer at Oppenheimer Funds, and a securities analyst of the Dreyfus Fund.
For twelve years, he has served as co-chairman and co-CEO of Knoll International. He then purchased CBS in 1986 which later become the beginning of SBK Entertainment World. Perhaps he served as the chairman and chief executive officer of the company from November 1986 to May 1989. He had also been chairman and chief executive officer of Westview Press (1990-1995) as well as Spin (1989-1997).
Apart from that, he was an active supporter of the arts and education. He had served as a trustee of the Horace Mann School and as executive vice president of the board of the Lenox School, both located in New York City. Additionally, he had also been a trustee and chairman for the Executive & Finance Committee of The Solomon R. Guggenheim Museum.
Caption: The late businessman, Stephen Swid.
Source: The New York Times
Stephen Swid: Perosnal Life & Wife
Coming over to his personal life, he has not revealed much information on his private matters publically. However, it is known that he had married artist Nan Swid. Together, they had welcomed three children: Jill, Robin, and Scott. He has not been involved in any kinds of rumors and controversies.
Stephen Swid: Net Worth & Social Media Profiles
Talking about his earning, he had made a lot of money from his career during his lifetime. At the time of his demise, he had an estimated net worth of around $3.5 billion from his businesses and serving in different companies as a chairman and CEO.
It seems that he was not active over different social media platforms like Twitter and Facebook.
Stephen Swid: Body Measurements
The late businessman had a slim and well-built body that stood to a height of 5 feet 9 inches and weighed around 76 kg. No information on her body measurements of chest or waist. He had white hair color with hazel eyes color.