Carl J. Shapiro

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Carl J. Shapiro
Born (1913-02-15) February 15, 1913 (age 106)
NationalityAmerican
OccupationBusinessman
Spouse(s)Ruth Shapiro (1917-2012; her death)
Children3
RelativesRobert M. Jaffe (son-in-law)

Carl J. Shapiro (born February 15, 1913) is an American businessman.

In 1939, he founded Kay Windsor, Inc. in New Bedford, Massachusetts. It became one of the largest women's clothing companies in the country. He is its former president and chairman of the board and was director of Vanity Fair Corp in 1971. He retired five years later.

Shapiro and his foundation reportedly lost some $550 million from Bernie Madoff, who received $250 million around December 1, 2008 from Shapiro, then one of Madoff's oldest friends and one of his biggest financial backers.[1]

His wife, Ruth, died in 2012.[2] Shapiro turned 100 in February 2013.[3]

References[change | change source]

  1. "Madoff associate Robert Jaffe skips state hearing - The Boston Globe". Boston.com. 2009-01-14. Retrieved 2016-09-10.
  2. Palm Beach Daily News: "PB, Boston philanthropist Ruth Shapiro dies" by Shannon Donnelly October 15, 2012
  3. "Madoff Names Names Again, And Carl Shapiro Calls Him A Liar". International Business Times. 2013-05-24. Retrieved 2013-07-07.