In the recent viral debate surrounding American Eagle’s “great jeans” ad campaign with Sydney Sweeney, which used a double entendre that drew accusations of promoting eugenics, it seemed many critics overlooked that the clothing retailer’s chief executive is a leading Jewish philanthropist who has long been committed to fighting antisemitism.

It was the sort of irony befitting Jay Schottenstein, 71, a mild-mannered billionaire entrepreneur from Columbus, Ohio, who oversees a sprawling business network that, in addition to American Eagle, includes DSW, the designer shoe chain he leads as executive chairman, among other holdings in wine, real estate and furniture.

But outside of philanthropic circles — where he is widely recognized as one of the most consequential sponsors of Jewish causes in the United States and Israel — his relatively private lifestyle has otherwise obscured his long-standing dedication to a range of issues including educational efforts, archeological research and translations of ancient Jewish texts.

“I think most people really don’t know who he is,” said Brad Kastan, a Jewish Republican donor who lives in Columbus and has long been friendly with Schottenstein. “He kind of keeps a low profile.”

Still, Schottenstein, who is Modern Orthodox, remains “accessible,” according to Kastan. The retail mogul, he told Jewish Insider, often can be seen walking to synagogue on Shabbat from his home in Bexley, a Columbus suburb, to attend Congregation Torat Emet, which he has endowed. “Because he’s a proud observant Jew,” Kastan added, Schottenstein “literally walks from Bexley to Ohio State, which has got to be six or seven miles, to go to football games on Shabbos.”

Meanwhile, Schottenstein, whose family is friendly with President Donald Trump, is a major player in Ohio politics, contributing to candidates from both parties, even as he largely favors Republicans. Most recently, he has donated to Vivek Ramaswamy, who is the likely GOP nominee in next year’s Ohio governor’s race. 

For years, Schottenstein, who was instrumental in lobbying for legislation to allow Ohio to buy Israel bonds, has been a go-to resource among pro-Israel candidates looking for guidance on key issues about the Middle East. “If you support Israel and you’re running for office and you’re looking for advice or support in the Jewish community in central Ohio,” said Kastan, “you’re going to find your way to Jay’s office.”

The Ohio benefactor has built deep ties to Israel, where the National Campus for the Archaeology of Israel, which is under construction, bears his name. Ehud Olmert, the former Israeli prime minister, has called him a friend, and he was a top contributor to Israeli Prime Minister Benjamin Netanyahu’s 2015 reelection bid. American Eagle also operates dozens of stores in Israel.

Schottenstein, who has said he was in Israel during the Oct. 7, 2023, Hamas attacks, has stepped up his efforts to support the Jewish state in the aftermath of the incursion. He has led donations to victims of the attacks and co-founded a fund to lend financial support to families of IDF soldiers killed in the war in Gaza, among other things.

“You watch what’s going on in Israel, how everyone’s pulling together, and there’s a lot of pain,” Schottenstein said in a podcast interview last year. “I mean, this is real pain to the Jewish people. In my lifetime, I don’t think we’ve ever experienced a war like this — never experienced a time like this. But thank God, we have a strong Israel. We have a strong sense of being.”

Through his foundation, which he leads with his wife, Jeanie, whom he met at Hillel as an undergrad at Indiana University, Schottenstein has supported a growing number of Jewish institutions. These include Chabad, Agudath Israel, Hillel, Hadassah, Yeshiva University and United Hatzalah, the latter of which honored him with a humanitarian award last year. 

Howie Beigelman, president and CEO of Ohio Jewish Communities, which represents the state’s eight Jewish Federations and affiliated nonprofit agencies, said that the “Schottensteins broadly are among the most generous and committed givers today,” adding that “their giving also now includes their children and grandchildren in an unmatched dedication to Jewish causes close to home and across the globe.”

Eli Beer, the founder of United Hatzalah, an Israeli emergency medical services volunteer organization, told JI that he has known Schottenstein and his wife for 18 years. 

“I can say with certainty that the most important value for them is tikkun olam, repairing the world and making it a better place,” Beer explained. “Eighty percent of our conversations and time together, whether at their home for a weekend or just visiting, revolve around charity and how they can help more people in education, health and even sports, especially those who are underprivileged.”

Howie Beigelman, president and CEO of Ohio Jewish Communities, which represents the state’s eight Jewish Federations and affiliated nonprofit agencies, said that the “Schottensteins broadly are among the most generous and committed givers today,” adding that “their giving also now includes their children and grandchildren in an unmatched dedication to Jewish causes close to home and across the globe.”

“Where they stand out, of course, is in transformation projects that are charitable moonshots,” Beigelman told JI. “But they also work to find leaders they believe in and work with them to ensure the mission and the cause they champion has what it needs to succeed. And despite the reach of their generosity, and the significant amounts, they also remain deeply connected to each cause and each organization.”

Schottenstein, a descendant of Lithuanian immigrants who inherited his family’s retail business in the early 1990s, credits his late father, Jerome, a prominent supporter of Jewish causes, with fueling his continued devotion to philanthropy.

For some religious Jews, the Schottenstein name is all but synonymous with the eponymous, 73-book English translation of the Babylonian Talmud that the family sponsored over 15 years at an estimated cost of $250,000 to produce each volume. 

“I think the Schottenstein name, the tradition established by his father and his grandfather, they have established a worldwide brand not just in their stores, but in Torah learning,” Malcolm Hoenlein, executive vice chairman emeritus of the Conference of Presidents of Major American Jewish Organizations, told JI. “In many cases they are models of philanthropy — and really exemplify impact giving.”

Schottenstein, who calls the translation one of his proudest achievements, took over the project from his father when he died in 1992. Published by ArtScroll, it was completed in 2005 and has since “revolutionized the study of the texts,” Malcolm Hoenlein, executive vice chairman emeritus of the Conference of Presidents of Major American Jewish Organizations, told JI recently.

Earlier this year, Schottenstein, speaking at a gathering of the Mesorah Heritage Foundation, which supports ArtScroll, said the organization, where he serves as board chair, had distributed paperback copies of the Talmud to Israeli soldiers fighting in the war. “Nobody could have imagined how the Gemaras would be used, on the battlefield, in tanks, in bunkers, in buildings,” he said in a speech in February. “Every rest period, you’d see guys studying.”

“I think the Schottenstein name, the tradition established by his father and his grandfather, they have established a worldwide brand not just in their stores, but in Torah learning,” Hoenlein told JI. “In many cases they are models of philanthropy — and really exemplify impact giving.”

Schottenstein’s passion for Jewish causes has on occasion intersected with his business. In 2024, for instance, he chose to mark the 30-year anniversary of American Eagle as a publicly traded company on the New York Stock Exchange by blowing a shofar rather than ringing the opening bell. Months before the Oct. 7 attacks, meanwhile, American Eagle placed a mezuzah on the front door of its flagship location in Times Square. 

And the fashion company itself has partnered with the Anti-Defamation League on initiatives to help raise awareness about rising antisemitism, an American Eagle spokesperson confirmed to JI.   

“My affinity for philanthropy is guided by faith, family and caring for others,” Schottenstein said in a statement to JI on Monday. “One’s value is not determined by possessions, rather by the number of people we have positively impacted. Of all the accomplishments in my life, the most rewarding have been giving back to those who need it most.” 

He declined to comment on his company’s recent jeans ads.

Paul Moshe Reichmann, the Orthodox Jewish real estate developer who made and lost billions of dollars while transforming the skylines of Toronto, New York and London, died on Friday in Toronto. He was 83.

From the New York Times

Mr. Reichmann and his brothers, Albert and Ralph, led Olympia & York, their family’s real estate development firm, which counted among its greatest projects the World Financial Center in Lower Manhattan and Canary Wharf in London’s East End. At their apex in 1990, the Reichmanns held about 8 percent of New York City’s commercial office space, more than twice as much as their closest rival, the Rockefellers.

 

Paul Reichmann, a tall, soft-spoken man who dressed in black suits, white shirts and dark ties, was clearly the family business strategist and chief decision-maker. He and his family were lavish contributors, mostly to Orthodox Jewish causes; they donated up to $50 million a year to yeshivas, synagogues and hospitals around the world.

 

The strains of commerce and religious orthodoxy were often inseparable in the family’s ventures. For example, Olympia & York closed its construction sites on the Jewish Sabbath, paying overtime for Sunday labor, and during the Jewish religious holidays, as well as Christian ones.

 

At the height of his business career, Mr. Reichmann sometimes spoke wistfully of the Talmudic studies and religious school building projects he undertook as a young man.

 

Paul Reichmann was born in Vienna on Sept. 27, 1930, the fifth of six siblings. His parents, Samuel and Rene, were Orthodox Jews who had moved from rural Hungary to Vienna, where they owned a prosperous egg export business. But Nazi Germany’s annexation of Austria in 1938 forced the family to flee to Paris.

 

Two years later, when the Nazis overran France, the Reichmanns fled to Tangier, Morocco, where Samuel Reichmann became a successful currency trader.

 

When anti-Jewish riots broke out across the Middle East after the 1956 Arab-Israeli War, the Reichmanns uprooted themselves again, this time going to Canada. The family settled in North York, a suburb of Toronto, where Samuel and his sons, Paul, Albert and Ralph, started a small company producing tiles and other building material, which they called Olympia Tile. In 1958, it became the springboard for Olympia & York, which would erect close to 100 buildings in the Toronto area over the next 15 years.

From Bloomberg

In 1949, Paul Reichmann devoted himself to studying the Talmud in the U.K. and Israel. In 1952 in Israel he met Lea Feldman, who later became his wife.

 

From 1953 to 1956, he worked in Casablanca as the unpaid educational director of Ozar Hatorah, an American-sponsored group that runs schools for Orthodox Jews, according to Bianco. Reichmann later called that time “the most interesting years of my life.”

From the Toronto Star

Paul Reichmann was among the greatest land developers in history. Reichmann, who died Friday morning in Toronto at 83, was also among this country’s outstanding philanthropists.
It is unlikely that those of my generation, raised in Toronto in the 1960s and 1970s, will see Reichmann’s like again. With uncommon audacity, persistence and real estate acumen, Reichmann reshaped the skylines of Toronto, New York and London.

Faith and Fortune: The Reichmann Story from Handel Productions on Vimeo.