Age, Biography and Wiki
Robert Campeau (Robert Joseph Antoine Campeau) was born on 3 August, 1923 in Chelmsford, Ontario, Canada. Discover Robert Campeau's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 94 years old?
| Popular As | Robert Joseph Antoine Campeau |
| Occupation | financier and real estate developer |
| Age | 94 years old |
| Zodiac Sign | Leo |
| Born | 3 August, 1923 |
| Birthday | 3 August |
| Birthplace | Chelmsford, Ontario, Canada |
| Date of death | (2017-06-12) Ottawa, Ontario, Canada |
| Died Place | Ottawa, Ontario, Canada |
| Nationality | Canada |
We recommend you to check the complete list of Famous People born on 3 August. He is a member of famous with the age 94 years old group.
Robert Campeau Height, Weight & Measurements
At 94 years old, Robert Campeau height not available right now. We will update Robert Campeau's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status | |
|---|---|
| Height | Not Available |
| Weight | Not Available |
| Body Measurements | Not Available |
| Eye Color | Not Available |
| Hair Color | Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family | |
|---|---|
| Parents | Not Available |
| Wife | Not Available |
| Sibling | Not Available |
| Children | Not Available |
Robert Campeau Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Robert Campeau worth at the age of 94 years old? Robert Campeau’s income source is mostly from being a successful . He is from Canada. We have estimated Robert Campeau's net worth , money, salary, income, and assets.
| Net Worth in 2023 | $1 Million - $5 Million |
| Salary in 2023 | Under Review |
| Net Worth in 2022 | Pending |
| Salary in 2022 | Under Review |
| House | Not Available |
| Cars | Not Available |
| Source of Income |
Robert Campeau Social Network
| Wikipedia |
| Imdb |
Timeline
Campeau resided in a lakeside castle in Austria and he became involved in some real estate projects, including developing a large subdivision in Teltow (former GDR) near Berlin, Germany. That project failed and Campeau's company went bankrupt in 2001. The funds of the charitable foundation (Robert Campeau Family Foundation) used in his business were lost.
By June 1989, following Campeau's takeover of Federated Department Stores, both Federated and Allied Department Stores were losing money despite increased sales in year-over-year comparisons. Federated and Allied eventually filed for bankruptcy reorganization. The company was eventually acquired by the Reichman brothers who filed for bankruptcy themselves and Campeau Corporation ceased to exist.
As his business expanded, Campeau ventured into the United States, looking for acquisitions that would add shopping mall real estate to his portfolio of assets. Through junk bond LBOs, Campeau Corporation gained control of Allied Stores for US$3.6 billion in 1986 and Federated Department Stores, owner of Bloomingdale's for $6.6 billion in 1988. Campeau retained well-known investment banker Bruce Wasserstein to assist with the transactions. However, the debt obligations that needed to be covered following the merger were too large and exacerbated by a market downturn that hurt retail sales; Campeau Corporation was unable to meet its debt obligations.
In the 1980s, Campeau embarked on a series of leveraged buyouts (LBOs). His first attempt as a large takeover was the Royal Trust Company, which was valued at Can$7 billion compared to the $866 million for Campeau Corporation. The bank was later sold and is now part of the Royal Bank of Canada.
Born in Chelmsford, Ontario, Campeau's formal education ended in Grade 8, at the age of 14. He worked in jobs at Inco as a general labourer, carpenter and machinist. In 1949, he entered the residential end of the construction business. His first project was a single home constructed in partnership with his cousin in Ottawa, Ontario.
Robert Joseph Antoine Campeau (August 3, 1923 – June 12, 2017) was a Canadian financier and real estate developer. Starting from a single house constructed in 1940 in the Alta Vista neighbourhood of Ottawa, Ontario, Campeau built a large land development corporation around the development of the suburb of Kanata. Expansion in the U.S. led Campeau to diversify into the ownership of retail department stores to anchor commercial development projects. The Campeau Corporation used leveraged buyouts to buy the department stores and went bankrupt when it could not maintain the debt payments, in the largest retailing bankruptcy at the time in U.S. history.
