Bruce Berkowitz

Early life and education Berkowitz, was raised in Chelsea, Massachusetts, the son of Hennie (née Schneider) and Barney Berkowitz. His father was a part-time taxi driver and owned a convenience store; his mother was a homemaker.

Career After college, Berkowitz worked at the Strategic Planning Institute, a management consulting firm, in Cambridge, Massachusetts. In 1983, he joined Merrill Lynch in London. By 2011, Berkowitz and Fairholme’s president, Charles M. Fernandez, resigned from the board again to protest the firm’s strategy.

In 2016, Berkowitz joined the board of directors at American retailer Sears; at the time, he was the company’s largest external shareholder. He resigned again in 2017.

Philanthropy Berkowitz donated $6.75 million to the Center for Jewish History which is dedicated to the preservation of Jewish history and genealogy. His donation along with that of Bill Ackman, the CEO of hedge fund Pershing Square Capital Management, and Joseph Steinberg, the president of Leucadia National, were the three largest individual gifts that the center has ever received.

In 2014, Berkowitz first announced plans for a museum in Miami’s Edgewater neighbourhood designed specifically to house Richard Serra’s sculpture Passage of Time (2014) and James Turrell’s light installation Aten Reign (2013). After municipal and county officials in Miami initially blocked Berkowitz’s project, it was eventually approved in 2015. At the time, prominent Miami collectors and philanthropists including Dennis Scholl, Martin Margulies and Norman Braman had all spoken out publicly in support of Berkowitz’s proposal. Originally, the local office of international architecture firm Arquitectonica was attached to the project; by 2018, the Miami-based architecture firm Rene Gonzalez Architects was leading it. Construction on the project was expected to start in 2020 and be complete by 2023; in early 2021, amid the COVID-19 pandemic, Berkowitz abandoned the project.

In 2024, Berkowitz announced plans to build the Longleaf Art Park, a 15.5-acre park in Walton County, Florida, including a trapezoidal pavilion designed by OLI Architecture. The park will be created by the non-profit Berkowitz Contemporary Foundation (BCF), but its operations will be overseen by the local Cultural Arts Alliance of Walton County.

Personal life Berkowitz lives in Coral Gables, Florida. since 1980, and he has two sons and one daughter.