The Experimental Station It's not the first marriage for Mr. Driehaus, but the couple is keepingwithat least one standard wedding ritual: They registered for china at Macy's. degree in 1965. The buyers are not yet identified in public records. He had a whimsical side. His late mother, Margaret, he recalls, was about 90 when he and she and Rev. He was bringing back Old St. Patrick's Church from years of neglect. Chronicle of Philanthropy 13. [9], The Driehaus Museum displays decorative arts of the Gilded Age and art nouveau eras in permanent and special exhibitions. Among its many grantees were the UrbanTheatre Company, Storycatchers Theatre and House Theatre of Chicago. The Richard H. Driehaus Museum 40 East Erie Street Chicago, Illinois 60611 312 482 8933 info@driehausmuseum.org Visit About Current and Upcoming Exhibitions Programs Learn Support The Driehaus Museum Store Blog Press Find us on Facebook Follow us on Twitter Follow us on Instagram Find us on TripAdvisor Sign up for our Newsletter Privacy Policy Special exhibitions, books and films memorializing architects and architectural achievements. [34], In 2012, Driehaus publicly opposed Frank Gehry's modernist design proposal for the Dwight D. Eisenhower Memorial[35] and funded a lobby group to block it. Form-Based Codes Institute But his neighborhood is ancient Greece and Rome and Empire Paris as well as down-home Chicago. Schmaedeke Funeral Home. Distinguished Service to the Dance Field Award, Audience Architects, 2016 Little Sisters of the Poor Driehaus was most known for his various charitable contributions across Chicago, including his commitment to preserving historical architecture. If neighborhoods die, cities die. In our community Richard Driehaus' name is synonymous with philanthropy, historic preservation and for throwing sensational summer birthday parties. Grants are typically made through coalitions and alliances to encourage programming designed to broaden civic participation in the cultural life of the city. We are in the City Rampant, someplace between Centuries 19 and 21. At age 55, Richard Driehaus is tall and lean and long-haired and very much his own manan emerging civic patron with one foot in the Gilded Age and the other in the Information Age. The lakefront estate set on 40 acres is known as Glanworth Gardens. Chicago-area billionaire J. Christopher Reyes and his wife, Anne, are the mystery buyers who paid $36 million for the late investment manager Richard Driehaus' 14,145-square-foot, Georgian-style mansion on 40 acres in Lake Geneva, Wisconsin. [6], Driehaus was born in Chicago. Richard L. Tolliver, its rector, has revived the church school, St. Edmund's Academy, and neighborhood housing as well. All of these, and many, many other organizations, have been a beneficiary of the generosity of Richard H. Driehaus. Among them was the watchdog organization the Better Government Association. Richard Driehaus outside the Driehaus Museum in 2012. He told a City Club of Chicago audience in 2016, In New York, Im just another successful guy. [9][47] He also underwrote the Red Hot Chicago Fashion Gala for young professional designers.[9]. "I began to see that some buildings had more character, more interest than others," he says. The church is Chicago's oldest, a landmark of the Near West Side. The mansion garden stops passersby in their tracks at North Wabash Avenue and East Erie Street. [3] His firm had $13.2 billion in assets under management as of March 2021. The 12-bedroom, 14,145-square-foot mansion went under contract in less than three weeks and sold for a Wisconsin state record of $36 million, more than the sum of the second and third priciest homes in the area. He's an urban man.". [22][16][23][24], Driehaus was inducted as a laureate of The Lincoln Academy of Illinois and awarded the Order of Lincoln (the States highest honor) by the Governor of Illinois in 2017.[25]. The family is planning a move to a house on North Dearborn Street by year's end. Driehaus' wife, Kristyna, is said to be some three decades younger than he is, and hails from Prague. Today, it manages $13.2 billion through its mutual funds and other accounts. Mr. Driehaus founded Driehaus Capital Management LLC in 1982. He never got old in his strategy, Boufis said. The size of his fortune may be his secret (the totals are "significant but not legendary," he says). The capital management business is in a Romanesque building at 25 E. Erie St. Mr. Driehaus lovingly preserved the Chicago landmark, originally home to a 19th century railroad magnate. In financial circles he's ranked at the top or close to it as an investment manager. Carteza, Richard Driehaus's replica "pirate shop." (Photo courtesy of Steve Simonsen Photography) Anchored below was a replica of a pirate ship that he enjoyed personally, but quietly donated in 2015 to fulfill the wish of a 7-year-old boy with a life-threatening disease whose dream to be a pirate was fulfilled by the local Make-a-Wish foundation. Even the wealthy need new dishes, apparently. John J. Through its arts and culture giving, Driehaus Foundation has been one of the most important funders of Chicago theater and dance for decades, especially low-budget arts organizations that bigger foundations overlooked. [citation needed], Driehaus received the 2015 American Institute of Architects Lifetime Achievement Award for his contributions to architecture in Chicago and worldwide. window.__mirage2 = {petok:"W_9XxYFgJJOIQbC7FrphQVkZWwtdsq7998IuFlMsb9A-43200-0"}; She likes colors and imagery and was honored for her Little Village Academy, an elementary school at 2620 S. Lawndale Ave. in a Latino area. In 2012, he announced a gift to enhance the academic programs of DePauls 100-year-old College of Commerce. [18][19][20], Driehaus died at age 78 on March 9, 2021, at Northwestern Memorial Hospital in Chicago. Billionaire J. Christopher Reyes and his wife, Anne, have been revealed as the buyers of a Lake Geneva mansion once owned by late financial executive Richard Driehaus. [7][32], The prize [] represents a partial counterbalance to the rejection of classical forms by elite architecture that prevailed for much of the last century, notes James Panero, an American culture critic. Funding of economic opportunity initiatives is focused primarily on programs to benefit people living in poverty. degree in 1965 and an M.B.A. in 1970. A five-piece setting runs $143, but it's on sale for $99. In the years before giving up his V.I. The newly chosen combatants in Round Two of the mayoral sweepstakes are off and running. Childrens Memorial Foundation. Ferreras, his neighbor for 20 years, added she joyfully reaped the benefits of the twice-nightly waterfall and hologram display presented solely for the entertainment of departing cruise ship passengers and nighttime kayak tours in the harbor. Ambassador Award, Chicago Dramatists, 2013 (See,EDC Regulations Are Out, Effects Being Determined). Archi Treasures He would say this a lot, The mind is like a parachute. Driehaus is a moralist, unlike many a fellow moneybags of the boom years. Early on, he made it with U.S. Surgical, Home Shopping Network, Blockbuster Entertainment, Teledyne, Pizza Hut. It also included a grant in 2008 to the hospital, along with other donors,to support trauma care. Yes, I do have a thirst for beauty. Awards sponsorship, including the The Richard H. Driehaus Foundation Award for Architectural Excellence in Community Design, The Richard H. Driehaus Foundation Bungalow Awards, Faith in Community Awards, and The Richard H. Driehaus Foundation Preservation Awards. Richard Driehaus declined to comment, but Tina Culver, the selling agent, confirmed that his two daughterspictured here with their father in 2009did live in the home, which is in the Old Town. Richard Driehaus is on a mission to preservebuildings and cars Laura Bianchi Tweet Share Share Email Reprints Print CORRECTED Keep up with the stories that unfold throughout the day. Mr. Driehaus' success began in 1968, when he started his employment at A.G. Becker, where he worked in the Institutional Trading Department. January 26, 2022. State-of-the-art glass, you could call it. [16][17] In 2010 Richard Driehaus married Inese Romanovska, of Latvia. ", Select pages archived through Google Books, "The Greater Gloy Campaign: Richard Driehaus 60 meets the campaign head on", "Richard H. Driehaus, Champion of Classic Architecture, Dies at 78", "Inese and Richard Driehaus - Friends of the University of Latvia", "Richard Driehaus plans a summer wedding on top of regular bash", "Gold Coast mansion associated with Driehaus is sold at a huge loss", "Driehaus, 78, renowned financier, philanthropist", "Richard H. Driehaus Obituary - Visitation & Funeral Information", "Classical act Greenberg becomes first American to claim Driehaus Prize. Driehaus, who was born in Chicago and was an alumnus of DePaul University, first started his career in 1968 working in institutional trading at A.G. Becker. [18] [19] [20] We rarely invest in stock because it's cheap and hope for a turnaround. It's a ripple effect that honors Driehaus' recipe for city improvement: "Bit by bit and day by day.". Billboards and vacant lots and pizza joints and overblown skyscrapers collide with spiring churches and leftover Gold Coast mansions. In 2006, Driehaus Capital Managementpulled up stakesin the V.I. It only works when its open, said Eli Boufis, who worked with Mr. Driehaus for 20 years and with him started Driehaus Private Equity. [7] The Driehaus Prize is typically awarded around the same time, has similar terms, are both commemorated by a bronze award (the Pritzker is a medal and the Driehaus is a miniature Choragic Monument of Lysicrates), and, until 2008, both were the same monetary prize amount. Hegeler Carus Foundation Emerald Ball Honoree, Old St. Patricks Church, 2011 "You get used to it, though, and it becomes a place to work.". And with 34.1% of the vote in Round One, Paul Vallas is clearly the front-runner. One account has Driehaus seeking romance at Wall's church socials. Louis Comfort Tiffany was a gifted American designer of yore and some Tiffany windows have sold for more than $1 million. 130 E. Randolph St. He supported the St. Thomas Historical Trust in its creation of a preservation plan for Hassel Island in the St. Thomas harbor in partnership with the National Park of the Virgin Islands. Philanthropist Richard Driehaus speaks at The Metropolitan Club in the Willis Tower in 2017. From Boys and Girls Hope, to the Boys and Girls Clubs. Retrieved from Highbeam Business Septmenber 2015: Richard H. Driehaus Prize for Classical Architecture, "Richard Driehaus, DePaul alum and business school namesake, dies at 78", "A legend as an investor and donor, Richard Driehaus dies at 78", "Richard Driehaus Long-Term Stock Picks", "Richard Driehaus launches private-equity fund. Mr. Driehaus enthusiastically supported programs preserving history, cultural heritage and historic structures as well as economic and educational initiatives. He has also donated $3 million to the Catholic prep school he attended, St. Ignatius, and gave over $1 million to preserve churches, synagogues and mosques. Richard Driehaus and Inese. He encouraged me to talk to Sunny Fischer. No harsh modern design here. His commitment to the built environment was grounded in the belief that design can make a community stronger and give it more pride. Mr. Driehaus' success began in 1968, when he started his employment at A.G. Becker, where he worked in the Institutional Trading Department. He owns dozens of antique automobiles--"one for every week of the year," chortles a friend. Driehaus is not nearly as well-known, but over the years has far outpaced the benchmark Standard & Poor 500 Index. Among his clients he lists US Airways, Sears Investment Managing Co., Illinois Tool Works, DePaul University, Outboard Marine Corp. and the Washington State Plumbing & Pipefitting Pension Trust. Committee for the Beautification of Lake Geneva LEGAL INNOVATION | Tu Agente Digitalizador; LEGAL3 | Gestin Definitiva de Despachos; LEGAL GOV | Gestin Avanzada Sector Pblico "[31] The Driehaus Prize is often compared to the Pritzker Architecture Prize, which typically encourages modern design. Whether you knew him personally, or only knew of him . Chicago, IL 60601 Outside of business, he had focused his attention and energy on a variety of philanthropic and community service-oriented projects, individually and through the efforts of The Richard H. Driehaus Foundation and the Richard H. Driehaus Charitable Trusts. The Most Powerful Women In Chicago Business. His two marriages ended in divorce. ", And he confides: "I don't want a lot of angst. Like investing, it requires strategic thinking, judgment for innovation and tolerance of risk. First he had the handsome place gutted. After three unsuccessful previous runs for public office, the former Chicago Public Schools chief takes his tough-on-crime message to the citys mayoral runoff. Acanthus Award of Appreciation, ICAA Midwest Chapter, 2015 "Richard was almost a recluse," says architect John Vinci. According to the Cook County Recorder of Deeds, the sellers were trusts named for Caroline and Tereza Driehaus, as well as the Richard Driehaus 2001 Childrens Trust. The summer garden parties at his lakeside mansion in Lake Geneva, Wisconsin, were legendary affairs, often compared to scenes from The Great Gatsby.. "[12], Preoccupied with his career, Driehaus married in his early fifties. Like the Vincentians, Mr. Driehaus valued philanthropy and educational access for everyone. When Driehaus bought it in 1989, it was a rare relic of a long-gone millionaires' row, where mansions lined up four to a block. We need it in every community, not just in Lincoln Park or Hyde Park. By age 14 he was studying stock tables. "You're overwhelmed at first--all that Tiffany glass," says Cheryl Cannistra, a Driehaus vice president who has worked for him for 11 years. Subscribe for free today! Support of the St. Croix Landmark Society has assisted with a summer camp for economically disadvantaged children on Whim, the historic sugar plantation it operates. The listing sheet for the house said it has 13-foot ceilings, four fireplaces, a four-car garage, and a separate coach house. and returned to Chicago after a surprise regulatory change in 2005 by the U.S. Treasury Department, a change that in one weekend upended the residency and source income requirements of the EDC program. Emerging Markets Small Cap Equity Strategy. The sale closed January 6, and it was a cash deal. List Price: $1.299 million In the YoChicago video, the agent shows a fully remodeled kitchen, with a big granite island and stainless steel appliances. PRESERVATION Sacred Heart Schools In addition to his daughters, Tereza, Caroline and Kate, survivors include two sisters, said Stasi Radaios, administrative assistant at the private equity firm. Frustrated by his father's inability to afford a home in an upscale suburb, Dreihaus developed an interest in . a Chicago real estate mogul and president of the Union Bag and Paper Company. Hauenstein Center for Presidential Studies (Eisenhower Memorial) Its on a museum, a foundation, an architecture prize, a fashion competition, numerous academic buildings and programs, and on awards celebrating historic preservation and the Chicago bungalow. Not that $25 million is pocket change. "He's concerned about Chicago from the ground up," says Fischer. Reyes was confirmed as the buyer through county records and people familiar with the matter, the newspaper reported. "During my lifetime," he says, "I want to give away over $100 million, conservatively.". [9][11], Driehaus explained that "the momentum investor has confidence that a stock that is high can head even higher. Driehaus talks about it effusively, seated under a gilt chandelier in the mansion's French Room. The angels and nymphs are in marble and onyx and alabaster. In 2000, he was named to Barrons All-Century team of 25 individuals identified as the most influential within the mutual fund industry over the past 100 years. Leaking and battered, the church was saved by its small band of parishioners led by Rev. But the billionaire financier was not all business. He and his wife, Anne, also own a home in Lake Forest, Illinois, and a mansion on the Atlantic Ocean in Hobe Sound, Florida. George Lane. Click here to get the full experience on your screen. Sale Price: $1.5 million Mr. Driehaus personally put these ideals into action in the restoration of three significant historic properties: the 1883 Gilded Age Samuel Mayo Nickerson Mansion, which now serves as The Richard H. Driehaus Museum in Chicago; the 1886 Richardsonian Romanesque Ransom Cable Mansion, which serves as headquarters for his business in Chicago; and the 1906 Georgian-style estate built by Norman W. Harris in Lake Geneva, Wisconsin. Driehaus is no admirer of Miesian grids and "less is more" severity. The Art Institute of Chicago [33], The first recipient of the Driehaus Prize was Lon Krier, who helped lay the theoretical framework for New Urbanism and designed the Prince of Wales' model town of Poundbury in England. Two of the funds are client accounts limited to people with portfolios of $3 million or more to risk. [9] He described the museum as his "gift to the city. He sponsored the international contest to design the McCormick Tribune Campus Center at the Illinois Institute of Technology. And there was the opportunity to honor her while she was here to see it. A savvy businessman, who as a teenager began his investment education after losing $1,000 in the stock market he earned from a paper route, according toa Chicago Sun-Times article. "I love art," Driehaus acknowledges benignly. The 1,000-strong parties attracted a whos who of Chicago philanthropy, culture and media circles and would officially open with a grand entrance from Driehaus and his beloved offspring, usually with Driehaus driving one of his fleet of vintage automobiles. Over the years, he came to understand that maximizing the impact of donated dollars can be more challenging and more fulfilling than earning those dollars. Five-Piece setting runs $ 143, but it 's a ripple effect that honors Driehaus ' recipe city... Yes, I do have a thirst for beauty your screen and nouveau! Designers. [ 9 ] he also underwrote the Red Hot Chicago Fashion Gala for young professional.... 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