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In Israel, they call it the Conceptzia. It’s a term used to describe Israel’s assurance of its own invincibility following the Six Day War. It was a decisive victory in which Israel seized the Sinai Peninsula, Gaza, the West Bank, and the Golan Heights. Arab attackers lost over 20,000 forces; only 776 Israelis were killed.

By 1973, Anwar Sadat had claimed he’d attack Israel multiple times, but he’d never followed up on his promise. When Egypt began amassing ground forces and bridging equipment on the Sinai, Israel dismissed the movements as simple training exercises. As Syrian forces simultaneously gathered near the Golan Heights, Israel sent a few reinforcements, but nothing significant. Prime Minister Golda Meir and her administration didn’t believe their Arab neighbors would dare to attempt another attack.

In some ways, events leading up to the Yom Kippur War are reminiscent of events leading to the September 11, 2001, attacks in the U.S. The Bush administration knew Osama bin Laden intended to attack, but they had their own conceptzia about American invincibility. Like America nearly 40 years later, Israel paid a heavy price for not preparing themselves in 1973. Two prominent Israeli-American philanthropists, Adam and Gila Milstein, are determined not to let it happen again.

The Illusion of Safety

In 2011, Israeli-American real estate developer and philanthropist Adam Milstein spoke to a gathering of Alpha Epsilon Pi. He told them he’d learned one lesson as a result of serving during the Yom Kippur War: never underestimate your enemies.

Milstein was transported from central Israel to the Sinai Peninsula following reports from Mossad that Egypt and Syria would attack in the afternoon hours or at sunset on October 6, 1973. The Mossad cable’s message was distorted by the time it reached commanders, leading them to believe the attack would definitely occur at sunset, at around 5:20 p.m.

As they waited in the Sinai in the early afternoon, Milstein’s artillery unit saw planes traveling overhead. They assumed the planes were Israeli Air Force planes going through practice exercises, but when the planes began to bomb them, they knew they were being attacked.

The Israelis took heavy losses as the Egyptian army crossed the Suez Canal. Simultaneously, Israel was almost defeated when Syria attacked the Golan Heights. Israel turned events around in the Golan Heights within 48 hours, and by mid-October, Adam Milstein, as a member of General Ariel Sharon’s division, crossed the Suez Canal to drive the Egyptians from the Sinai.

Three weeks after the Six Day War, Yitzhak Rabin had made a speech while receiving his honorary doctorate from Hebrew University, which Howard Sachar quoted in his 2013 book, “A History of Israel: From the Rise of Zionism to Our Time.” Rabin spoke about how Israel overcame its enemies despite their superior weapons and fortifications, discussing “our airmen, who struck the enemies’ planes so accurately that no one in the world understands how it was done and people seek technological explanations or secret weapons.”

Unfortunately, Israel got carried away with its belief in its military might instead of remembering Rabin’s explanation for why Israel won: “Only their personal stand against the greatest dangers would achieve victory for their country and for their families… if victory was not theirs the alternative was annihilation.”

Adam Milstein never forgot how quickly the Zionist dream almost perished in October 1973. “Until our last day on Earth, we should never stop being humble,” he told members of Alpha Epsilon Pi. “Never get so caught in chasing your own recognition that you lose sight of who you are.”

From Israel to America

Adam Milstein grew up in Haifa. His wife, Gila, was born in Morocco. She experienced anti-Semitism personally as a child, growing up in a country where the Jewish people had no freedoms and no rights. Arab children would throw pieces of glass and rocks at Jewish children whenever they went outside.
One day, Gila’s family squeezed as many possessions as possible into a suitcase. They told everyone they were taking a vacation, but instead, they fled to France. When she arrived in Israel at age 6, she finally knew she had a place to call home. “We felt like it was our place,” she said in an interview, when she and Adam were honored for their service to StandWithUs. “We had everything kids need growing up.”

Gila went to nursing school at age 18. Three years later, she found herself treating soldiers wounded in the Yom Kippur War. She and Adam decided that if he came home from the Sinai in one piece, the two of them would get married. They married, and Gila became an officer in the Israeli Defense Forces medical corps. Their first daughter was, in Gila’s words, “an army baby.” Adam graduated from Technion, and the Milsteins moved to the U.S. with their two daughters. They intended to stay just long enough for Adam to earn his MBA from the University of Southern California.

After graduation, Adam and Gila decided to stay and work in America for a little while to offset Adam’s educational expenses. Adam began working as a commercial real estate agent, eventually meeting David Hager, an Israeli investor. The two of them, along with partner Robert Neal, built Hager Pacific Properties into one of America’s leading commercial real estate investment firms. Soon, more than a decade had passed, and the Milsteins hadn’t gone back to Israel. They were part of the yerida, living in the Diaspora.

Sitting on a Time Bomb

Like many Israeli-Americans, the Milsteins made a good living in America, but they never expected to stay. They were “sitting on suitcases,” as the expression goes, assuming they’d return to Israel.

One day, Adam mentioned to his daughters, who were in high school, that he wanted them to marry Jewish men. They asked him, “Why?” “I didn’t have a good answer for them,” Adam told Aish.com. “They pointed out that I myself lived a totally secular life. Why should they do otherwise?”

Adam realized that he and fellow Israelis living in America rarely integrated deeply into American Jewish life. In Israel, Jewish life was automatic. Everything ran according to the Jewish calendar. Israelis celebrated Jewish holidays in schools, with families, and in the public sphere. No one paid a fee to join a synagogue.

In the diaspora, Jewish life isn’t automatic, and between synagogues and private Jewish day schools, it can get expensive. When Israelis assume they are going home — sitting on suitcases — they don’t pour money into assimilation. Parents feel Israeli, but one day they wake up and realize they hadn’t given their children a connection to Jewish life and Jewish heritage. “In America, if you don’t make it happen,” Gila said, “it just doesn’t happen.”
The Milsteins realized that he was no longer just Israeli, something that hadn’t fully sunk in even when they obtained American citizenship in 1986. “It would be more appropriate to call us Israeli-Americans,” Adam said. “We grew up in Israel, most of us served in the army, and our character was galvanized by the time we served in Israel.”

Yet they no longer lived in Israel, and they were assimilating unintentionally — and rapidly — into secular American life. “You are part of the diaspora, but you don’t think so,” Adam explained, “because you always think you’ll go back home.” In other words, they weren’t sitting on suitcases. They were sitting on a time bomb.

Regaining Identity

Adam started attending Aish L.A. events and studying weekly with Aish HaTorah Rabbi Dov Heller. “I realized the only way maybe to correct my ignorance and mistake as an Israeli father,” he told an AIPAC gathering, “was to get closer to Jewish life and to demonstrate to my daughters that I was proud of my Jewish heritage and that our future, as a Jewish family, was of extreme importance to me.”

Adam and Gila’s quest to reconnect to Jewish life didn’t stop with their family, even after their daughters both married Jewish men. They also understood the financial obstacles presented by private Jewish day schools and synagogue membership. To recapture the hearts of Israelis in America, and to forge a new Israeli-American community, the Milsteins turned to something both universal and without cost: the Hebrew language.

The Adam and Gila Milstein Family Foundation launched Sifriyat Pijama B’America to give Israeli-American children access to Hebrew storybooks. For no cost, Israeli-American families received children’s books written in the Hebrew language containing lessons about Jewish life and Jewish values.

The Milsteins weren’t just hoping to capture interest from Israeli-American children. They were making a direct play for the hearts of their parents. “We hope that once they read the books to their children, it will create an appetite for more Jewish life,” Adam said. “We are trying to reach out to Israelis and embrace them and bring them back to Jewish life, Jewish education, and the Jewish people. Otherwise they might be lost completely.”

The Milsteins also started supporting other organizations, like Taglit-Birthright Israel and Israeli Scouts, to expose Israeli children, teenagers, and young adults to Israeli culture. However, they also noticed how public opinion, particularly with the launch of the Boycott, Divestment, and Sanctions (BDS) movement against Israel, was starting to turn against the Jewish people in their homeland.

They watched as anti-Semitic events on college campuses increased, and they knew they had to do something. To do nothing would mean underestimating their enemies. Thanks to the Yom Kippur War, the Milsteins knew better.

Galvanizing a Community

Adam and Gila never saw themselves as deserters of Israel. They saw themselves as ambassadors, doing their miluim service by supporting Israel in America.
“We have always told everyone around that we are a strategic asset for the state of Israel,” Adam said. “But now it’s becoming clearer and clearer that we indeed are ambassadors for the state of Israel here in the United States. We care, and we are willing to go on the offense. Not too many Jews are willing to do so.”

The Milsteins support AIPAC, StandWithUs, the Israeli-American Council, Hillel, Alpha Epsilon Pi, and many other Jewish organizations not only with their money but also with their time. Adam in particular works to coordinate the efforts of many Jewish organizations, helping them avoid duplicate effort and duplicate spending. All in all, Adam and Gila donate a large portion of their income, and half of their time, to their philanthropic efforts.

“Adam is strategic and he has become a tremendous role model for other philanthropists to follow,” says Roz Rothstein, CEO of StandWithUs. “He is not only generous and makes good work possible, he is a good listener who recognizes the strengths of each organization and helps bring organizations together for the greater good of Israel and the Jewish people.”

In fact, Adam and Gila have never stopped defending the people and the country they fought years ago to protect. “As philanthropists, Gila and I wake up each morning focused on two basic goals: strengthen the Jewish people and strengthen the Jewish state,” Adam said.

Never Again

Increased anti-Semitic vandalism and other incidents on college campuses, like the questioning of Rachel Beyda at UCLA, were thought to be outliers in the United States. The Jewish people have long faced discrimination in Muslim countries and in Europe, but many felt safe from overt anti-Semitism in the U.S.

Sentiments have changed as BDS infiltrates college campuses, winning over college students by aligning itself with progressive environmentalist and pro-LGBT groups. Instead of thinking deeply about the end goal of BDS — an end to the state of Israel — students have embraced a dangerous herd mentality. The Milsteins welcome discussion of possible solutions to the Israeli-Palestinian conflict, but they don’t hesitate to defend Israel against those who would see it disbanded or destroyed.

In addition to pledging their lives to protect their home and the Jewish people, they’re calling on others to take up their cause. “What we as from our members and from the people of the community,” Adam says, “is just ‘get active.’ Get active in charity. Support politicians so that your vote will be heard.”

Time and time again, the Jewish people have faced discrimination and annihilation all over the world. It’s something too many people are too eager to forget; but the Milsteins, their memories forged by what they faced in the Yom Kippur War so long ago, will not let complacence take hold.

“We have a responsibility to remind the world,” Adam explained, “that a connection between the people of Israel and the land of Israel is unbroken and unbreakable.”

To ardent Zionists, leaving Israel for any reason is a betrayal of the Jewish people. In reality, the yerida has been good for Israel and continues to benefit the country in many ways. From the positive contributions of Israelis in the diaspora to the way Israelis abroad have brought significant investors back with them, it’s time to acknowledge that those who left aren’t yordim; they’re essential ambassadors for their homeland.

Not as Many Have Left as You Think

Despite certain rhetoric about how too many Jewish people have left Israel for other countries, Israel actually has fewer citizens living abroad than most other countries in the world. About 4 percent of the Israeli population, or 230,000 people, have moved to other parts of the world. Most countries, in contrast, lose about 8 percent of their population to emigration.

Israeli government ministries often claim that 1 million Israelis live abroad, but it’s a statement not supported by Israel’s Central Bureau of Statistics. Pew Research, which recently constructed a Global Religion and Migration Database, estimates that only 230,000 Israeli Jews have emigrated outside Israel.

BRINGING NEW BUSINESS BACK WITH THEM

Israel created a surplus of highly skilled and trained workers, second only to the U.S. In such a small country, it’s difficult to offer sufficient opportunities to these workers when so many overseas firms welcome them with open arms. Even when workers leave, however, many return and bring new business with them. The introduction of companies like Google, Intel, Microsoft, and Alcatel-Lucent back into Israel — thanks to innovative Israelis who left and returned — has created new jobs within Israel to absorb more of Israel’s highly educated workforce, making it less tempting for future generations to leave.

Dov Frohman was born in Amsterdam, and his parents died in the Holocaust. After living in an orphanage, he moved to Tel Aviv and was adopted by relatives. He graduated from Technion and went to America, earning his master’s and doctoral degrees at U.C. Berkeley. He went to work for Fairchild Semiconductor in 1965 before transitioning to Intel in 1969.

After leaving Intel to teach in Ghana for a couple of years, Frohman returned in 1973. He helped Intel build a small chip design center in Haifa in 1974. Today, one in 10 Israelis works for Intel, thanks to the vision of someone who left and returned. The yerida isn’t always a brain drain; it’s often a speculative investment with massive ROI.

Israeli Expats: Strategic Ambassadors

The U.S. has by far the largest population of Israeli expats, many of whom hold dual U.S. and Israeli citizenship. Economy Minister Naftali Bennett has praised Israelis abroad, particularly those living in America, for their activism. He has called them “ambassadors” dedicated to strengthening the state of Israel and the Jewish people.

In Israel, Jewishness is automatic. Everything runs according to the Jewish calendar, and holidays are celebrated nationwide by schools, businesses, and private individuals. For many Israelis, integrating in the American Jewish community has been a struggle. “We were completely ignorant of the challenges of Israelis living in the diaspora,” says Adam Milstein, co-founder of the Israeli-American Council, “including the importance of connecting with Jewish life and Jewish education.”

Part of the problem is that Jewish life in the diaspora gets expensive. American Jews primarily build cohesion within their synagogues and around private Jewish day schools, and membership comes with significant costs. “American Jews already have an infrastructure to pass Judaism on to their children. Israelis have nothing,” Milstein told Aish.com. “They rarely belong to any synagogues because it costs a substantial amount of money to become members.”

Also, Israeli-Americans have a certain psychology which comes from “sitting on suitcases;” the idea that somehow, someday, they’ll eventually return home. Because they assume they’re headed home, they don’t work to build connections and community with American Jews — or with one another.

“They come to America to make a good living, and they’re living well, but they’re not involved in politics, not involved in charity. They’re not part of a community,” Milstein explains. “As the saying goes, they’re sitting on their suitcases. They don’t realize that they are actually sitting on a time bomb.”

FINDING THEIR VOICES

Milstein’s journey to reclaim his Jewish roots began when he realized his daughters, who were also born in Israel, had no desire to marry Jewish men. “At that point, I realized the only way maybe to correct my ignorance and mistake as an Israeli father was to get closer to Jewish life,” he told an AIPAC gathering, “and to demonstrate to my daughter that I was proud of my Jewish heritage and that our future as a Jewish family was of extreme importance to me.”

He started by attending Aish L.A. events, near Encino where he lives with his wife Gila, and by studying with Aish HaTorah Rabbi Dov Heller. As he strengthened his connection to his roots, he realized that Israelis in America had created no identity for themselves. “It would be more appropriate,” he says, “to call us Israeli-Americans. We grew up in Israel, most of us served in the Army, and our character was galvanized by the time we served in Israel.”

Both Adam and his wife Gila served in the Israeli Defense Forces. Adam marched across the Suez with General Sharon’s battalion during the Yom Kippur War, and Gila served as an officer in the medical corps. They came to the U.S. in 1981 so Adam could attend graduate school at the University of Southern California, and they became American citizens in 1986. Along with Israeli investor David Hager, Milstein built a lucrative commercial real estate partnership, but making money for money’s sake seemed like an empty pursuit. Hager, a Reform Jew, introduced him to his belief in ma’aser, or tithing, catalyzing Milstein’s own philanthropic journey.

The Israeli-American Council began as the Israeli Leadership Council in 2007. Founded after the second Lebanon War by Milstein and other prominent Los Angeles Israeli-Americans, the IAC became an umbrella organization for other Jewish charities in the area. Just as is common in Israel, many American Jews and Israeli-Americans had initiated philanthropy under the “my own NGO” model. The IAC, along with the Milstein Family Foundation, has helped multiple Jewish organizations share their resources, focus on their missions, avoid duplicate work, and get more done for Israeli-Americans and all Jewish people.

Milstein, Haim Saban, and other IAC members and backers have worked hard to educate politicians in Washington, D.C., about the real situation inside Israel. They’ve also worked to counter the influence of Boycott, Divestment, and Sanctions (BDS) on college campuses and in political discourse all over America. “As philanthropists, Gila and I wake up each morning focused on two basic goals,” Milstein says. “Strengthen the Jewish people and strengthen the Jewish state.”

SUPPORTING ISRAELI-AMERICAN KIDS

The Milsteins started their effort to bring Israeli-Americans together not with the Jewish religion, but with the Hebrew language. They founded Sifriyat Pijama B’America, a program providing Jewish storybooks, written in Hebrew, to young Jewish children in preschool and early elementary grades. In addition to sending books to individual families, the Milsteins have worked to get Sifriyat books into Jewish day schools. They hope that Israeli-American families will integrate with American Jews through participation in Jewish day schools even if they don’t join a synagogue.

Adam and Gila also hope introducing Israeli-American to reading Hebrew will help their parents feel a yearning for Jewish life. “We are trying to reach out to Israelis and embrace them and bring them back to Jewish life, Jewish education and the Jewish people. Otherwise they might be lost completely,” Adam explained in an interview. “We hope that once they read the books to their children, it will create an appetite for more Jewish life.

“What we are truly seeking to do,” he continued, “is to build communities with Jewish day schools as their focal point and help Israeli-Americans — especially those who are unaffiliated with Jewish institutions — to connect with Jewish life and Jewish education.” The Milsteins have also supported speaking day camps and BBYO, a program for Jewish student leaders in their teens.

HELPING YOUNG ADULTS

Building Jewish identity starts with young children, but the Milsteins also fight hard for the hearts and minds of young adults. Many Israeli-American and American Jewish young adults face challenges on college campuses that promote BDS ideology.

Rachel Beyda, a sophomore at UCLA, made news this year when UCLA student council members questioned her participation in Hillel and Sigma Alpha Epsilon Pi. When Beyda was nominated for the judicial board, they asked whether her Jewish affiliations meant she could remain objective and treat all students equally. Although the students later apologized for their questions, Beyda’s situation is just one example of rising anti-Semitic sentiment on college campuses, which is encouraged by the herd mentality accompanying BDS.

To help Israeli-American young adults feel a connection to the homeland, the Milsteins support Taglit-Birthright Israel. Taglit sends Jewish young adults who have at least one Israeli parent on an all-expenses-paid journey to Israel. “When an Israeli-American comes on Birthright, the impact is probably five times more than the impact on Jewish-Americans,” Milstein told Jewish Journal. “The reason is simple — Israeli-Americans are connected to Israel already.”

In addition, the Milsteins support AIPAC’s Campus Allies program, which sends student leaders not of Jewish descent on a similar trip to Israel. “I think the Israeli people are best equipped to communicate the truth about Israel,” Milstein says. ““They know the Israeli people, they know that we have very high standards of human rights and freedom, they know the propaganda war of Hamas and Iran.”

Unbroken and Unbreakable

For Milstein and other Israeli expats, standing up for pro-Israel causes is their miluim. “We have always told everyone around that we are a strategic asset for the state of Israel,” Milstein says, “but now it’s become clearer and clear that we indeed are ambassadors for the state of Israel here in the United States.”

To help Israeli-Americans remember their connection to the homeland, the IAC has organized multiple Celebrate Israel events. Last year, they hosted events in Los Angeles, Boston, New York, Las Vegas, and Pembroke Pines, Fla. Designed to celebrate Israel’s Independence Day, festivals feature items like large Wailing Wall replicas and recreations of Jerusalem’s busy marketplace. Festivals draw thousands of Jewish people and non-Jews alike; the Los Angeles celebration alone welcomed over 15,000 last year.

The Milstein family might never return to living in Israel the way Dov Frohman did, but they still consider themselves both Israelis and Americans. And they’re taking a page from the American Jewish playbook by setting an example of philanthropy, both for Israelis and Israeli-Americans. “To have money just for the purpose of having more of it is completely meaningless,” Adam Milstein says. “Once we have financial freedom, we should use our means, our knowledge, our experience, and our conduct for the betterment of our people — Jewish people and the state of Israel.”

The Milsteins recently helped fund a documentary called “Body and Soul: The State of the Jewish Nation,” which was designed to tell the story of the Jewish people and explain the current state of affairs in Israel. It’s part of a continued effort to educate voting adults and politicians about the realities in Israel, a project essential to the IAC’s mission. “What we ask from our members and from the people of the community is just ‘get active,’” Milstein says. “We don’t care whether it’s the American Jewish community or whether it’s AIPAC or whether it’s Zionists of America. Just get active in the political circle. Get active in charity. Support politicians so that your vote will be heard.”
Instead of hurting the Jewish state by leaving, expats who left and returned, like Frohman, and expats like the Milsteins, who stayed, both serve an important purpose. “We have a responsibility to remind the world that the connection between the people of Israel and the land of Israel is unbroken and unbreakable.”

If you’ve dreamed of building a fortune as a real estate investor, you’re not alone. But if you think real estate is an easy way to get rich, you’ll be disappointed. According to real estate investor and attorney Bill Bronchick, 90 percent of people who attend a real estate investing seminar give up after three months. They just don’t have what it takes to succeed.

Investing in real estate requires capital, hard work, and significant business savvy. Many investors over-extend themselves through borrowing, and they have no cash flow for renovations and for day-to-day repairs. Also, many discover that returns on investment aren’t as rosy as they’d hoped.

Still, it’s quite possible to succeed in real estate investing. Just ask Adam Milstein, Barbara Corcoran, David Walentas, Jeff Sutton, and Donald Bren, who each have amassed personal fortunes and managed billions within their real estate portfolios. The lessons they learned apply to anyone who dreams of making money by becoming a real estate investor.

Adam Milstein, Hager Pacific Properties: Take the Long-Term Approach

Adam Milstein left Israel for American in 1981, with his wife Gila and his two daughters. He earned an MBA from the University of Southern California and took a job as a real estate agent. He thought he’d make enough to pay off his student loans and then return to Israel.

After about a year-and-a-half, Mistein met Israeli investor David Hager. He offered to list properties for Hager, but the investor didn’t bite. Over time, however, Milstein convinced Hager they should invest in properties together. They bought their first property on a 50-50 basis.

Today, Hager Pacific Properties manages a portfolio of over $1 billion in commercial real estate. Milstein, Hager, and their other managing partner, Rob Neal, pay cash for distressed or undervalued commercial properties and turn them into moneymaking vehicles. For example, Hager Pacific recently purchased a 16-building industrial building complex in McAllen and El Paso, Texas. They paid $17 million in cash for properties once estimated at $40 million.

Adam Milstein and his partners take the long-term approach. “The mistake many people young and old make is that they calculate their achievements, moneymaking, and net worth on a daily basis. They are sure to be disappointed by this approach,” Milstein explains. He and his partners purchased the Texas properties with a 10-year plan for development and leasing. Near-shoring trends — companies relocating manufacturing from China to close-by Mexico — means many businesses need to store raw materials for shipping to Mexico, or they need to store goods manufactured in Mexico to sell in the U.S.

Milstein and Hager had a productive partnership from the beginning. Where Hager was great at spotting opportunities and negotiating with owners, Milstein used his detail-oriented and analytical mind to execute their investment plans.

Instead of having a short-term plan for real estate riches built around some dream of a four-hour workweek, have a long-term plan for developing and maturing your portfolio. Once you have a plan, stick to it, learn from your mistakes, and give it everything you have. According to Milstein, it’s vital to think about the future outcomes of every decision made today. “Miracles are wonderful but cannot be relied upon,” Milstein says. “If there is one thing to increase the probability of scoring really big, it’s by working hard.”

Milstein never returned to Israel, but he views himself as an ambassador for Israel in America. The Adam and Gila Milstein Family Foundation promotes a wide range of pro-Israel causes and programs designed to strengthen the American Jewish community.

Barbara Corcoran, Barbara Corcoran Venture Funding: Focus on People

As the second of 10 children, Barbara Corcoran had to fight to get noticed at home. She also had to succeed despite being severely dyslexic, a fact she tried to hide in her youth. After working a number of odd jobs, she started dating a real estate agent, and the two invested $1,000 in starting a real estate firm. Over the next 25 years, she built a company with nearly $5 billion in annual closings, 45 New York offices, and 2,150 employees.

Barbara Corcoran says she’s not great at managing money and looking at financial statements. What she excels at is understanding people and building relationships with people. “I realized from my very first customer that it had nothing to do with real estate and everything to do with how you got along with people,” Corcoran told Bankrate.com. “The rest was simply a matter of hanging out with them awhile and opening up a few doors. They would want to hang out with me, and if you can hang on to a customer, you’ll sell them something.”

In 2001, she sold The Corcoran Group to NRT and started marketing herself to media outlets as a real estate expert. Today, Corcoran is one of the beloved venture capitalists on the TV show “Shark Tank,” and she goes back to her people sense when choosing which entrepreneurs to back. “I say to myself, ‘What if we grow this into a $30 million business — is this person going to be thankful?’” she told Inc. Magazine. If the answer is “no,” and they aren’t great risk-takers and salespeople, Corcoran invests her money elsewhere.

David Walentas, Two Trees: Spot Neighborhoods With Big Potential

When David Walentas was a child, his mother worked two jobs but still couldn’t afford to raise David and his siblings. She sent them to live and work on nearby farms, which Walentas describes as being “something between an orphan and an indentured servant.” He got into the University of Virginia, dropped out for a while after losing his ROTC scholarship, and returned to earn a mechanical engineering degree. He took a job cleaning septic tanks for the military before drifting to Casablanca and then returning to the U.S. to earn his MBA.

Walentas couldn’t get a bank loan to start purchasing real estate, but he’d befriended Jeff Byers of the wealthy W.R. Grace family in Manhattan. The two launched Two Trees, named after Byers’ grandmother’s farm, and got $40,000 from friends and family to purchase a rent-controlled building in Harlem. Byers committed suicide a decade later, and their investors had no interest in working with only Walentas because they blamed business disputes between the partners for Byers’ death.

Walentas started dating his second wife Jane, who worked as an art director for Clinique, run by Ronald Lauder of Estée Lauder. He persuaded the Lauders to invest in a dilapidated neighborhood in Brooklyn called Fulton’s Landing because he thought expanding Wall Street firms would prefer Brooklyn instead of New Jersey as their businesses grew. “We got the whole neighborhood,” Walentas explained in a Forbes interview. “You had the freedom to create a neighborhood. In New York. And whatever you did with one building would add value to the others.”

Despite intense opposition from Byers’ friends in political office — they dubbed the neighborhood “Down Under Manhattan Bridge Overpass,” or “Dumbo” — Walentas finally got Mario Cuomo to relocate Department of Labor offices to lease space in a building and give him some extra cash. Finally, in 1997, Mayor Rudy Giuliani agreed to rezone Dumbo for residential development, and Walentas converted buildings from commercial to residential, one at a time, and sold one project to fund the next. Jared Kushner, Ivanka Trump’s husband, eventually invested in Dumbo, looking for buildings in need of rehabilitation. He paid 50 times what Walentas had paid 35 years prior.

If Walentas had given up on his vision for Dumbo, he wouldn’t be a billionaire today. In fact he no longer buys real estate in Dumbo. The skyrocketing prices have priced him out of the market.

Jeff Sutton, Wharton Properties: Never Take “No” for an Answer

One day, Jeff Sutton of Wharton Properties was working in his New York office building, and he heard a man screaming to the building secretary about a roof leak in his office. Sutton didn’t own the building, but he offered to help, calling some repairmen to come fix the roof.

The disgruntled man became an executive at Payless Shoes a few months later, and he called Sutton to talk about purchasing space for Payless Shoe Stores in New York. Sutton asked which building he wanted. The man pointed to a building that already had two tenants, but Sutton agreed to get the building for Payless. He asked the man for a lease contingent on his getting the building, and the lease helped Sutton finance the purchase. He ended up leasing 50 to 60 Payless stores in New York and purchase more than 18 buildings the same way.

When Sutton asks someone if they want to sell their building, he doesn’t back off when they say “no.” “You walk into a guy’s office and ask to buy his building. He says it’s not for sale. You could just go home, a lot of people do,” Sutton told The Real Deal, a New York Real Estate magazine. “It could be a very sentimental thing like his grandfather owned it and he wants it to be in the family forever. ‘No problem. Give me a 99-year lease for a dollar and I’ll give you the purchase price as if I bought it. In 100 years, your great grandson will get it back.’”

Sutton’s refusal to take “no” for an answer might seem aggressive, but it’s rooted in a philosophy of getting to know the people with whom he makes deals. “The more I truly cared about people the more money I made. Don’t come in there focused on what you want. That will come the minute you understand what they want.”

Donald Bren, Irvine Co.: Think Business Deals, Not Just Property

Donald Bren’s father, a Hollywood movie producer, developed buildings along L.A.’s Sunset Strip. His stepmother, Claire Trevor, was an Academy Award-winning actress and painter who nurtured his interest in painting and art. Young Donald worked for his father as a carpenter’s helper. He went into the Marines and returned, taking advantage of a post-World War II construction boom to build residential houses in Orange County.

After developing residential property and creating a plan for Mission Viejo, the Brens sold their company to International Paper for $34 million. Instead of buying more property, Donald took a risk and bought a 35-percent stake in Irvine Co., which owned some apartment buildings, offices, industrial buildings, and over 64,000 acres of undeveloped land in Orange County. Irvine Co. went on to essentially develop the entire town of Irvine, Calif., becoming a company worth almost $10 billion.

Bren bought out his partners slowly but surely, giving himself a bigger stake in the business. He also expanded his investment footprint to New York, acquiring a 97.3-percent stake in the MetLife Building. Irvine Co. is one of America’s largest companies, and it owns over 500 office buildings, 50 shopping centers, and over 50,000 apartments. Bren himself is the richest real estate developer in America, according to Forbes, with a net worth of about $15.2 billion.
To Bren, the secret of wealth isn’t just about buying and flipping properties. “What I learned from [my father] was that when you hold property over the long term, you’re able to create better values,” Bren told the LA Times, “and you have something tangible to show for it.”

Bren rarely gives interviews or makes public appearances. “I need to monitor and focus my time in a way that is productive for the company and for me. And if I feel that I’ve done the job well, that’s the satisfaction I get, not from doing interviews or being more public.” Although he doesn’t say much publicly about his journey, it’s obvious he thought strategically when building his empire, not only about property but also about buying into businesses with a controlling stake in valuable property.

Do You Have What It Takes?

Not every successful real estate makes it to the billion-dollar mark, but they all follow these important principles. They take the long view, put people first, seize opportunities, refuse to take “no” for an answer, and mix business savvy with an eye for great properties.

Most people associate American Jews with a devotion to philanthropy. In fact, Jewish people comprise five of six of the world’s top donors to charity, giving over $966 million to cherished causes. Compared to their counterparts in America, Israeli Jews give much less overall to philanthropic endeavors.

Israel hasn’t developed a strong philosophical culture for several important reasons. The country isn’t a bastion of old money; in fact, most of Israel’s wealthy citizens became rich during the tech boom. Unlike America, it isn’t full of long-established wealthy families with a history of service and philanthropy.

Also, high individual and corporate taxes, along with compulsory Israeli Defense Forces (IDF) service, makes people feel as though they’ve given their share. The Israeli tax code, unlike the American tax code, doesn’t offer attractive incentives for charitable giving.

Israel was founded on socialist ideas, which means Israelis pay high taxes and, in return, expect the government to provide most social services. Shifts in thinking have caused politicians to start cutting social service spending, and charities have stepped in to fill the void.

Unfortunately, public corruption cases involving charities, along with reports of NGO CEOs making more money than many business CEOs, has made the public suspicious of making donations. In Israel, most charitable donations come from individuals, not corporations. This disparity means a large, untapped market for philanthropic dollars in Israel’s business world. At the same time, the nouveau riche in Israel approach philanthropy with a business-oriented attitude. They show hands-on involvement with the charities they support, and they expect their money to deliver results.

Diaspora Jews, in America and also increasingly in Russia, have set a tremendous example in terms of philanthropy. In the U.S., philanthropy comprises 2.1 percent of GDP; in Israel, charitable giving amounts to just 0.74 percent. The good news is that philanthropy in Israel is on the rise, both from individuals and corporate social responsibility programs. These examples from the diaspora show what Israelis could accomplish by building a thriving philanthropic ecosystem.

Adam and Gila Milstein, United States

Adam Milstein came to the U.S. from Israel with his wife Gila in 1981. After graduating from the University of Southern California in 1983, he became a commercial real estate agent and investor. Together with business partners David Hager and Rob Neal of Hager Pacific Properties, Milstein helps manage a commercial portfolio of over $1 billion. He stayed in America to find financial freedom, and his family never went home.

Even though Adam and Gila no longer live in Israel, they’re passionate ambassadors for the state of Israel. The Adam and Gila Milstein Family Foundation supports over 100 pro-Israel causes and causes that strengthen the Jewish people. Milstein co-founded the Israeli-American Council (IAC) in 2007, an organization designed to bring a number of Israeli-American and Jewish charities under its umbrella. By helping these organizations avoid duplicate effort and share research, Milstein creates what he calls a philanthropic “force multiplier.”

Like the newly rich in Israel, Adam and Gila Milstein are hands-on philanthropists. They devote at least half of their time to charity along with a significant portion of their income. The Milstein Family Foundation founded and supports Sifriyat Pijama B’America, which puts free Hebrew storybooks for children into the hands of over 70,000 Israeli-American family members. The Milsteins also support Taglit-Birthright Israel, sponsoring trips to Israel for young Israeli-American adults.

The Milsteins’ latest focus involves preventing anti-Semitism from spreading on college campuses. Growing support for the Boycott, Divest, and Sanctions (BDS) movement against Israel has grown on college campuses, where these organizations align themselves with progressive causes, like environmental preservation or LGBT rights.

As BDS has gained a foothold, anti-Semitic incidents at college campuses have significantly increased. In early 2015, Rachel Beyda, a UCLA student faced inappropriate questioning about her loyalty at her student council Judicial Board appointment hearing. She was asked whether her membership in Jewish organizations like Sigma Alpha Epsilon Pi and Hillel interfered with her ability to treat all students fairly, and several students voted against her based on her cultural connections.

Increasing anti-Semitism has made the Milsteins more passionate than ever about giving time and money to pro-Israel causes. “We have always told everyone around that we are a strategic asset for the state of Israel, but now it’s becoming clearer and clearer,” Adam Milstein has said. “We have a responsibility to remind the world that a connection between the people of Israel and the land of Israel is unbroken and unbreakable.”

Adam’s biggest contribution, however, is his ability to organize a wide range of charities, make them work together, and help them achieve greater results. “As an Israeli American, [Milstein has] done great work to bring more folks in that growing community into philanthropy and activism, and I’m sure we’ll see him continue to make a really meaningful impact,” said Josh Block, president and CEO of The Israel Project (TIP).

Leonid Nevzlin and Mikhail Friedman, Russia

Behind the Iron Curtain, many Soviet Jews stopped practicing the Jewish faith, but they retained strong ties to the Hebrew language and to their Jewish cultural roots. The NADAV Fund, founded by Russian Jewish oil industry businessman Leonid Nevzlin, and Genesis Philanthropy Group, run by a consortium of Mikhail Friedman and four other Russian Jewish donors, works tirelessly to help young Jews reconnect with their Jewish identity not only in Russia but also in many other corners of the diaspora.
Like the Milstein Family Foundation, Genesis has a strong presence on college campuses. The group recently founded the Brandeis-Genesis Institute for Russian Jewry at Brandeis University, an organization providing scholarships to undergraduate and graduate students. Genesis isn’t strongly pro-Israel, and they support secular causes instead of donating to Jewish religious institutions. Nevzlin’s NADAV Fund, chaired by his daughter Irina, donated a great deal of money to Israeli organizations, including the Jewish Diaspora Museum in Tel Aviv. NADAV also partnered with the UJA-Federation of New York to open a global think tank, the Jewish Peoplehood Hub.

“The ideas having to do with Jewish peoplehood — with the importance of culture, literature, art, intellect in the preservation and pursuit of Jewish identity — are something that American Jews can learn from Russian Jews these days,” said Misha Galperin, former head of Jewish Agency International Development, the fundraising arm of the Jewish Federation of North America.

Galperin has also served as an advisor to Genesis. “The concept of Jewish identity and the sorts of things that helped Soviet Jews survive in a sort of post-assimilationist society are the sorts of lessons that are going to be invaluable to the American Jewish community.”

Stephen and Nancy Grand, United States

Many American Jews give to philanthropic causes, but not all of them focus on giving to Israel. Stephen and Nancy Grand, who gave $20 million to the American Technion Society in 2010, recently donated $10 million to Technion to open the Stephen and Nancy Grand Water Research Institute. Technion is Israel’s premier technology university, and it’s also Adam Milstein’s alma mater. The Grands’ giving has helped the institution raise $1 billion over the last 14 years, and the couple has also donated to Israel’s Weizmann Institute of Science.

Stephen Grand’s father served as president of the Detroit chapter of the American Technion Society. When he and his wife became philanthropists, supporting Technion was a natural first step. In 2005, Stephen was diagnosed with multiple myeloma, and a drug developed by Technion scientists Avram Hershko and Aaron Ciechanover saved his life. Hershko and Ciechanover would go on to win a Nobel Prize in 2004 for discovering how human cells tag aberrant proteins for destruction.

In addition to supporting Technion and the Weizmann Institute, the Grands have funded the Stephen and Nancy Grand Multiple Myeloma Translational Initiative at the University of California, San Francisco (UCSF). “I discovered I had an advanced case of a cancer I had never even heard of. It was unbelievable. I never imagined it would happen to me,” Grand recalled. ““With all of the new knowledge developing around genetics, and the new scientific tools to design drugs that target the problem genes, progress is really only limited by time and the need for substantial investment.”

Haim and Cheryl Saban

Haim Saban was born in Alexandria, Egypt, in 1944. When he was 12, his family moved into a one-bedroom apartment in Israel. He learned to play bass and became a manager for Lions of Judah, an Israeli rock band. He moved to France to work as a music producer before moving to the United States, where he started producing television shows as founder of Saban Entertainment. After launching the children’s television show “Power Rangers” on Fox in 1993, he acquired the Family Channel, morphed it into Fox Family, and sold it to Disney for $5.3 billion.

Saban started donating money to the Democratic Party in the mid-1990s, and he has remained a close friend and advisor to President Bill Clinton and Secretary of State Hillary Rodham Clinton. The Sabans have given over $40 million to the Children’s Hospital Los Angeles. Cheryl Saban, who has a doctoral degree in psychology, founded the Women’s Self-Worth Foundation, an organization dedicated to providing micro-financing opportunities to women in the U.S. and Israel.

In 2002, the Sabans founded the Saban Center for Middle East Policy within the Brookings Institute. He has spoken candidly in support of Israel, telling The New York Times, “I’m a one-issue guy, and my issue is Israel.”

“At the moment there is no sign of a crisis, but we must not be complacent,” Saban said in an interview with Haaretz. “The two pillars of the state are the Israel Defense Forces and the U.S., Dimona [the site of Israel’s nuclear reactor] and Washington. We must do all we can to maintain the alliance with America. A major crisis at the wrong time could be a disaster, a disaster.”

Sheldon and Miriam Adelson

Casino billionaire Sheldon Adelson and his Israeli-American wife Miriam, a medical doctor specializing in substance abuse treatment, have emerged as significant philanthropists backing pro-Israel causes. The Adelsons donated $12 million to the IAC in 2015, and they donate consistently to the Republican Party in support of Israel.

Philanthropy isn’t all political for the Adelsons; it’s also heavily influenced by Miriam’s work as a doctor. After completing two years of IDF service in Israel, Miriam graduated from Tel Aviv University’s Sackler School of Medicine. She served as chief internist in Rokach Hospital’s emergency department and worked as an associate physician in New York’s Rockefeller University. She developed significant expertise in substance abuse treatment and preventing HIV transmission between drug addicts.

After marrying Sheldon Adelson, Miriam founded a substance abuse center at Tel Aviv’s Sourasky Medical Center. In her new home of Las Vegas, she and her husband founded the Dr. Miriam and Sheldon G. Adelson Research Clinic. Almost every day, Miriam works at the research clinic, working with patients and studying how genetics predisposes certain people to becoming drug addicts.

“Treating one drug addict reduces his criminal activity, reduces his arrests, reduces his appearances in court, reduces his time sitting in prison, reduces his injecting drugs, reduces him being infected with HIV and Hepatitis C while sharing needles, and reduces his infecting others if he is already infected,” she told Fortune. “Saving a drug addict is the equivalent of saving about 20 people. By treating one person, we can save many lives.”

In addition to their support of the IAC and medical research, the Adelsons have given over $100 million to Taglit-Birthright Israel since 2007. Taglit’s mission is personal for Sheldon, whose father always wanted to visit Israel, but became ill and died before Sheldon and his siblings could afford the trip. “I don’t want one Jewish person not to be able to go to Israel because they are too old and too sick,” Adelson said.

Increasing Giving in the Homeland

Israeli’s newly wealthy tech pioneers are starting to build a culture of giving within their families and communities. Right now, the Israeli government’s lack of tax incentives for philanthropy makes little sense in light of its decreased funding for social services. Also, Israelis need to see that IDF service doesn’t absolve them of all they owe to the Jewish state. As Adam Milstein says, advocating for Israel is part of the miluim service, and Israelis can look at giving in the same way.

Source: The Times of Israel  By: Adam Milstein

In his opening remarks, in front of the Israeli American Council’s 2nd Annual National Conference this month, Prime Minister of Israel Benjamin Netanyahu said: “I appreciate all of the work that the Israeli-American Council does to strengthen the critical US-Israel Alliance”. The event – representing largest gathering of Israeli-Americans in history, with more than 1,300 attendees, up from 650 the year before – marked an important milestone in the development of a new Movement across the United States.

During the conference, Israeli government officials on the left and the right – from Isaac Herzog to Yuval Steinitz to Ayelet Shaked– embraced Israeli Americans as a strategic asset for the Jewish State and the Jewish people. This would have been unthinkable just a decade ago, when Israelis in the Diaspora were often diminished, called names like yordim – those who went down (from Israel) – and much worse.

In the last ten years, we have also seen a shift in mindset among those of Israeli descent in America, a population that lived on its “suitcases packed” for decades. Despite U.S. passports, English-speaking families, and American homes and businesses, we always thought that we would return to Israel one day. Since we didn’t feel rooted in the United States, we saw little need to cultivate community – and generally remained disconnected from synagogues and in Jewish community organizations.

This mentality did not serve our community well. Oftentimes, our children sought to distance themselves from our foreign culture, and quickly began assimilating, in many cases leaving both their Jewish and Israeli identities behind. Our insistence that we were not Americans alienated the Jewish-American community and our neighbors in the U.S. And because we lived outside of Israel, Israelis never fully accepted us as one of their own.

Eight years ago, I came together with several other Israeli-American businessmen in Los Angeles to meet the needs of our unique community. Before we founded the Israeli-American Council (IAC), no one used the term “Israeli-American.” You were either American or an Israeli who was living in the U.S. Today we can proudly embrace an Israeli-American identity – centered on that the idea that our home is in America, while our Jewish homeland will always be Israel. Accepting the fact that we are American has unified our community like never before – and now we are mobilizing it as movement across our country, with a three-part mission.

First, we transmit “Israeliness” – our Israeli culture, Hebrew language, our Jewish heritage and values, and connection to the Land of Israel – to the next generations.

Second, we cultivate Israeli Americans as Jewish leaders within the U.S., enriching Jewish life across the country.

Third, we are strengthening the U.S.-Israel alliance. Our fluent understanding of both cultures uniquely positions us to serve as a nexus between the Israeli people and the American people – and to offer a personal perspective on the current debates about the Middle East.

The IAC’s rapid growth from a single office and a few hundred members into a national movement with regional councils in nine cities and an active constituency of 250,000 illustrates the great need for our organization.

I’m confident that we are just getting started. Rooted in our emerging Israeli-American identity, we will continue to expand all across the country. We need all members of our community to be part of the process by engaging in our programs, getting involved in their region, and bringing others into our movement.

The IAC is filling a hole that many Israelis living in America have long felt. When 1,300 came together, we sent a message to the world. We are proud to be Israeli-Americans; We are energized and feel a sense of purpose; We all inspired and support the mission of our movement. The infrastructure is growing. Our collective voice is louder than ever before. The Israeli-Americans are not only a new identity, but an historical game changer!

In 2011, Israeli-American real estate investor and philanthropist Adam Milstein spoke to a gathering of Alpha Epsilon Pi (AEPi). After an introduction from his son-in-law, who jokingly called him “the Israeli Donald Trump,” Milstein shared his life lessons for success.

Most of his speech focused on one Talmud verse: Pirkei Avot (Ethics of Fathers) 4:1. In this passage, ancient Jewish scholar Simeon ben Zoma discusses four principles for living well. The guidance Milstein shared to AEPi offers much wisdom both to Jews and non-Jews. They aren’t just words Adam Milstein says; they’re principles validated by a life well lived.

Who Is Wise?

“Who is wise? He who learns from everyone. As is stated, ‘From all my teachers, I have grown wise.’” Simeon ben Zoma

“Never stop learning, no matter how old you are and how successful you are.” Adam Milstein

By the time most people are in their 50s, they assume they’ll have reached some point of arrival in terms of finances, education, career achievements, and family relationships. For Adam Milstein, his 50s were a time to relearn many things he’d forgotten, particularly related to Jewish culture and heritage.

Adam Milstein moved to the United States in 1981 and earned his MBA from the University of Southern California in 1983. He sent his daughters to Jewish day schools, but they attended a secular private high school. One day, he felt shocked to discover they had no interest in marrying Jewish men. In fact, when Adam and his wife, Gila, told them it was important to marry within the Jewish community, the girls answered with one question: “Why?”

“I didn’t have a good answer for them,” he told Rabbi Gavriel Horan for an Aish.com article. “They pointed out that I myself lived a totally secular life. Why should they do otherwise?”

Milstein decided to re-immerse himself in his Jewish heritage and identity. “At that point, I realized the only way maybe to correct my ignorance and mistake as an Israeli father was get closer to Jewish life,” he explained. He started attending Aish events in Los Angeles, where he and his family live. He sought out a teacher, beginning studies with Aish HaTorah Rabbi Dov Heller.
As he reconnected to his roots, Milstein came to a realization about Israelis living in America. His countrymen were assimilating into American life and completely losing their Jewish identities. “The parents feel they’re Jewish, even though they are completely disconnected from Jewish observance and community,” Milstein said. “Their kids, on the other hand, don’t want to be Israelis or immigrants. They want to assimilate into American culture and get as far away from their ‘foreign’ roots as possible.”

Jewishness ran on autopilot in Israel; everything followed the Jewish calendar, and holidays were celebrated by schools, businesses, and families. American Jews had synagogues and day schools for passing down their culture. Unfortunately, many Israelis, either because they couldn’t afford it or because they preferred to be frugal, chose not to join synagogues and sent their children to public school. Milstein drew on his rekindled love for Jewish heritage to galvanize his fellow Israeli-Americans into a dynamic, connected community.

Israeli-Americans, Milstein understood, could learn an important lesson from American Jews. They needed to create voluntary, self-funded communities to bind themselves together around their common heritage. Following the example of the American Jewish community and its tradition of philanthropy, Milstein and his wife Gila launched the Adam and Gila Milstein Family Foundation. The foundation not only funds a wide range of Jewish organizations but also provides hands-on guidance for research, fundraising, and setting organizational agendas.

If Milstein hadn’t opened his mind to non-Israeli traditions, he wouldn’t have had a vision for bringing Israeli-Americans together. Eventually, Milstein wants his fellow Israeli-Americans to integrate with the American Jewish community, and he hopes Israeli-Americans will shape Jewish life in America for generations to come. It’s an effort that requires ongoing learning, reflection, and initiative. “Life is a never-ending learning experience,” Milstein told AEPi, “and the inquisitive mind is never bored.”

Who Is Mighty?

“Who is mighty? He who controls his impulses. As is stated: ‘Better one who is slow to anger than one with might, one who rules his spirit than the captor of a city.” Simeon ben Zoma

“We are forbidden from relying on miracles. We are obligated to use our natural abilities to succeed in life.” Adam Milstein

Self-control isn’t just about regulating unhealthy habits and impulses. In the bigger picture, ruling one’s spirit includes leading an orderly life and making the most of G-d-given abilities. People who take responsibility for themselves develop healthy and effective habits, and they make decisions grounded in reason, not fear or desire.

To Adam Milstein, being mighty in business and in philanthropy is about understanding how today’s choices affect tomorrow’s outcomes. “The mistake many people, young and old, make is that they calculate their achievements, money-making, and net worth on a daily basis,” Milstein told AEPi. “They are sure to be disappointed by this approach.”

After graduating from USC, Adam Milstein stayed in America to make some money. He planned to pay back his graduate school expenses and then return to Israel. He took a job as a commercial real estate agent, through which he met Israeli investor David Hager.

Although Hager didn’t book Milstein as a listing agent, the two eventually invested in a property together. They’ve turned their disciplined investment approach into a commercial real estate portfolio exceeding $1 billion. Hager Pacific Industries has succeeded by investing in commercial buildings from which other buyers shy away. Instead of spending impulsively on premium properties, they research their investments carefully and only purchase properties they can renovate and lease for a higher price later.

For example, Milstein, Hager, and their other partner, Rob Neal, recognized the trend toward near-shoring in America, in which companies who’d built factories in China and other faraway Asian countries relocate their manufacturing operations to Mexico. Hager Pacific purchased a 16-building portfolio in McAllen and El Paso, Texas, which had been valued at $40 million before the financial crisis, for $17 million in cash. Then, they initiated a decade-long plan to renovate the properties. They plan to rent storage space to companies warehousing raw materials to transport to Mexico or businesses storing inventories of goods manufactured in Mexico.

It takes self-discipline — one who rules his spirit — to create the successes Milstein has enjoyed. It also takes self-control to seize opportunities when the mind is sidetracked by fear of failure, and to make a reasoned decision instead of waiting for a sign. “Miracles are wonderful, but cannot be relied upon,” Milstein told the AEPi audience. “If there is one thing to increase the probability of scoring really big, it’s by working hard.”

Who Is Rich?

“Who is rich? He who is happy with what he has. As is stated: ‘If you eat of toil of your hands, fortunate are you, and good is to you.’ Fortunate are you in this world, and good is to you in the world to come.” Simeon ben Zoma

“Making money should not be our ultimate goal but just a vehicle, enabling us to do the things we aspire to do.” Adam Milstein

The Talmud instructs people to do two things for themselves: acquire a teacher and choose a friend. In addition to building a successful real estate investment firm, Milstein and Hager have built an important and lasting friendship.

Hager practices Reform Judaism and had a strong belief in ma’aser, or tithing, which means giving away 10 percent of one’s income. Years ago, he told Milstein that when he gave money, expecting nothing in return, he received 10 times more than what he gave.

After he and Hager invested in their first property together, Milstein began to imitate Hager’s way of giving. Adam and Gila Milstein now donate a large portion of their income to charity, and they also devote 50 percent of their time to philanthropy. Adam calls it “active philanthropy” because in addition to funding important causes, he also invests time in their success. “We feel that our involvement is effective,” Milstein said, “because we dedicate both time and money to our success.”

Milstein didn’t think he’d arrived when he achieved financial freedom. He knew he’d only begun to discover his calling. He started by founding the Sifriyat Pijama B’America, a program providing free storybooks written in Hebrew to preschoolers and school-aged children. He also co-founded the Israeli-America Council, a group dedicated to strengthening support for Israel within America.

In addition to funding many Jewish organizations, the Milstein Family Foundation helps organizations share research and save money by avoiding duplicate work. By doing this, each organization accomplishes more on behalf of Israel and the Jewish people. “To accumulate wealth, just for the purpose of having more and more of it is meaningless,” Milstein told AEPi. “Once we are there, and the rat race is behind us, it’s time for us to do the thing we feel is right to do. It’s time to grow personally and start giving back to the community.”

Who Is Honored?

“Who is honored? He who honors everyone! As is stated: ‘For to those who honor me, I accord honor; those who scorn me shall be demeaned.’” Simeon ben Zoma

“Until our last day on Earth, we should never stop being humble. Never get so caught in chasing your own recognition that you lose sight of who you are.” Adam Milstein

In “Remember My Soul,” author Lori Palatnik tells the story of a man who went to visit his rabbi. “I don’t understand. According to the sages, I should be honored. I am living my life running from honor, and yet no one honors me.”

“That is because while you are running,” the rabbi answered, “you are always looking over your shoulder.” The man wanted to see others appreciating him and validating him instead of just doing the work ahead of him.
Adam Milstein learned the importance of never being overconfident as a young man in Israel. He marched with General Ariel Sharon across the Suez Canal during the Yom Kippur War. Back in 1973, the Israeli government thought they knew exactly when and where Anwar Sadat and the Egyptian army would attack. The Israeli Defense Forces suffered heavy casualties because they assumed their military might would intimidate their enemies.

As a result of his experience in the Yom Kippur War, Milstein never underestimates Israel’s opponents. “As philanthropists, Gila and I wake up each morning focused on two basic goals,” Milstein says. “To strengthen the Jewish people and strengthen the Jewish state.” In addition to lobbying for pro-Israel causes through the IAC, Milstein supports many on-campus initiatives designed to unite Jewish students behind the state of Israel.

Taglit-Birthright Israel, an organization partially funded by the Milsteins, sends young adults with at least one Israeli parent on an all-expenses-paid trip to Israel. It’s a chance for young Israeli-Americans to become familiar with a homeland they only see in a limited way when visiting relatives. “They don’t know the land of Israel,” Milstein explained to Jewish Journal. “They know the house of their grandma; they know the beach in Netanya.”

In addition to sending Israeli-American young adults to Israel, the Milsteins support AIPAC’s Campus Allies organization, which sends non-Jewish student leaders to Israel in the hopes of building support for the homeland. On campuses around the country, the Milsteins support Alpha Epsilon Pi, Hillel, and other organizations built around Jewish identity and strengthening Israel. “One of the best things about being wealthy is the ability to use one’s resources,” Milstein told AEPi, “for making the world a better place and securing the future of our next generation.”

Adam Milstein takes no time to look over his shoulder seeking validation. He’s too busy making economic and philanthropic contributions, and he encourages all Israeli-Americans and American Jews to become more active. “We don’t care whether it’s the American Jewish community or whether it’s AIPAC or whether it’s Zionists of America,” he said. “Just get active in the political circle. Get active in charity. Support politicians so that your vote will be heard.”

Source: The Times of Israel

DURING TIME OF INCREASED CONFLICT IN ISRAEL, A RECORD-BREAKING $12M IS RAISED AT AMERICAN FRIENDS OF MAGEN DAVID ADOM EVENT

BY KELLY HARTOG October 25, 2015, 11:06 pm

LOS ANGELES — It was an evening to rival any number of Los Angeles red carpet events as The American Friends of Magen David Adom celebrated its third annual Red Star Ball at the Beverly Hilton’s International Ballroom on October 22.

Men donned smart suits and tuxedos and women shimmied in tulle, taffeta and silk, many in MDA’s signature red and black colors as they sat down to a three-course dinner at the fundraising event.

Celebrity attendees included an Israeli film star making her mark in Hollywood, Odeya Rush, actress Karla Souza (“How to Get Away with Murder”), Michael Richards (who played Kramer on “Seinfeld”), and comedian Jerry Seinfeld, who was the special guest performer of the evening.

A longtime American Red Cross supporter (Magen David Adom is its Israeli affiliate), Seinfeld performed a 30-minute set that comes before his Israeli stand-up debut, with four sold-out shows this December.

 

According to a recent Maxim magazine, Seinfeld is the highest paid comedian of 2015. Also a well-known philanthropist, Seinfeld is attached to several charities, including his wife Jessica’s Baby Buggy initiative, and has made “surprise” appearances for other foundations, including at a Gregg’s Gift comedy nightdedicated in the name of Gregg Grossman who died of addiction problems at 27.

But it was the cancellation of a charity appearance that in 2011 sparked a high-profile media row between the comedian and the Donald.

Seinfeld, who has donated to both Democrat and Republican politicians’ campaigns, pulled out of an Eric Trump Foundation benefit, to be hosted by father Donald, aiding the St. Jude’s Children’s Research Hospital because the comic was “increasingly uncomfortable” with the current leading Republican candidate’s personal attacks against US President Barack Obama.

It’s unlikely Seinfeld would be welcomed at a Trump White House: Back in 2011, as an end-cap to the Trump affair, the star told Extra, “Let me say this about Donald Trump. I love Donald Trump, all comedians love Donald Trump. If God gave comedians the power to invent people, the first person we would invent is Donald Trump… God’s gift to comedy.”

At the LA charity ball, following a short film showing Magen David Adom volunteers at work in life-threatening situations, Seinfeld quipped, “I always like to perform after emergency activities are shown with injured people and blood flowing. Perhaps we’ll have a little more blood flowing tonight after my show.”

But as the video made clear, this wasn’t just an evening of glitz and glamour. It was also one of gravitas. AFMDA set a $10 million fundraising target for the night to help Magen David Adom in Israel purchase among other things, new ambulances and emergency medical supplies.

The bar was set high because Magen David Adom relies solely on donations, as the Israeli government does not fund it. By evening’s end attendees had donated $12 million (double the amount raised at the 2014 ball) – including a $5 million donation from philanthropists Sheldon and Miriam Adelson. Many of the funds raised will be put toward the building of MDA’s national underground blood services center.

The center will eventually house and protect Israel’s entire blood supply from terror attacks and natural disasters.

Last year, the event focused on the work done by Magen David Adom during Operation Protective Edge. This year the focus turned to the recent spate of stabbing and shooting attacks around the country and the thousands of Magen David Adom volunteers who risk their lives to save others.

Dina Leeds, who hosted the evening with her husband, Fred, read out a list of sobering statistics, noting that between October 1 and October 20, MDA teams have provided medical treatment for 174 casualties in Israel. Of those, many were treated for shock, 115 were injured, 78 are listed in mild condition, 18 in moderate condition, 11 in severe condition and nine have died. Leeds then went on to name each of the nine individuals that were murdered.

In what has become a tradition of the gala, AFMDA flew out several MDA volunteers and those who have been helped by MDA in Israel. Among them was Hananel Alvo, who several years ago was stabbed on his way to work. Thanks to the life-saving work of MDA paramedics, Alvo survived severe injuries and decided to give back by becoming an MDA paramedic.

The night was also an opportunity to honor several individuals who continue to support Magen David Adom and the State of Israel. Ruth Flinkman-Marandy and Ben Marandy received the Lifetime Achievement Award, while philanthropists Gila and Adam Milstein received the Humanitarian Award. They are the founders of the Adam and Gila Milstein Family Foundation, which supports 80 Jewish and Israeli organizations.

Israeli-born Milstein said, “Tonight our thoughts and prayers are with our brothers and sisters in Israel who are now facing a wave of terror attacks. Moments like this bring great focus to simple truths. Our support for Magen David Adom means no less than the difference between life and death.”

He went on to speak of two recent stabbing victims: a 13-year-old Pisgat Ze’ev boy and the 20-year-old female soldier stabbed in the West Bank just north of Jerusalem. Both, he said, are alive today thanks to the lifesaving efforts of MDA emergency services that were on the scene within minutes.

Ensuring that AFMDA continues its efforts by reaching out to the younger generation, Barak Raviv was honored with the Next Generation Award. A senior vice president and portfolio management director at Morgan Stanley in Los Angeles, Raviv also has his own foundation and recently donated a pediatric examination room at Share Zedek medical center in Jerusalem.

In a short film clip, Raviv said, “But the charity that is closest to my heart is Magen David Adom. Their humanitarian efforts around the globe impressed me and I wanted to be a part of it. I partnered with friends and donated my first ambulance to MDA at the age of 30.” He’s since donated several more.

Accepting the award, Raviv said, “There is no question that Magen David Adom is the margin between life and death. Make no mistake — there will be more attacks, more rockets will be fired and unfortunately more missiles will be launched. And when we ask ourselves, ‘What have we done to help the people of Israel?’ you will be able to proudly stand and say, ‘I was here. I funded the underground blood center; I helped save lives in Israel.’”

Times of Israel staff contributed to this report.

Source: JNS.org

(JNS.org) The fast-growing Israeli American Council (IAC) recently drew 1,300 Israeli Americans to its second annual national national conference in Washington, DC, with conference sessions ranging from the Iran nuclear deal to Israeli culture to fighting the Boycott, Divestment and Sanctions (BDS) movement.

Expanding beyond its Los Angeles headquarters in recent years, the fast-growing IAC says it now reaches 250,000 people nationwide through its nine regional offices.

“We have become a movement,” said IAC National Chairman Adam Milstein. “America is our home. Israel will always be our Jewish homeland. And as Americans of Israeli descent we are uniquely positioned to strengthen the relationship between both countries.”

At the Oct. 17-19 conference, Israeli Ambassador to the U.S. Ron Dermer said IAC “represents a powerful idea whose time has come.”

“If Israel’s enemies can’t do it with their armies, and they can’t do it with terror, they’re going to try to do with an economic boycott. This is what the IAC is here for,” said U.S. Rep. Ed Royce (R-Calif.).

JNS.org profiled IAC before its first national conference was held in November 2014.

“I think the Israeli people are best equipped to communicate the truth about Israel, because they are not naive like many in the American Jewish community,” Milstein told JNS.org at the time. “They know the Israeli people, they know that we have very high standards of human rights and freedom, they know the propaganda war of Hamas and Iran.”

IAC is the lead partner in the launching of the new Talk Israel mobile app, which calls itself the “first mobile app to bring you pro-Israel digital content from dozens of sources tailored to your personal preferences and interests using machine learning.”

By Jacob Kamaras/JNS.org

Israel news is abound these days, and myriad sources from the mainstream to the niche are serving it up—particularly during times like the current wave of Palestinian terrorism. But which content should a pro-Israel advocate read, trust, and share with others to make an impact?

The recently launched Talk Israel mobile app seeks to give a well-organized and personalized feel to Israel news consumers’ content experience. Calling itself the “first mobile app to bring you pro-Israel digital content from dozens of sources tailored to your personal preferences and interests using machine learning,” Talk Israel culls content from various sources, analyzes it, and crafts a personal news feed (called “My Stream”) for each user based on both their preferences among pre-selected news categories and the stories they read once they are using the app.

The objective? Getting Israel supporters—through the vehicle of the news and information they read and share—to do more than preach to the choir.

“The challenge that we looked at, and wanted to give a technological solution to in this case, was bringing pro-Israel content beyond the base,” Dr. Amir Give’on, Talk Israel’s co-founder and CEO, tells JNS.org.

The app was launched with the support of the Adam and Gila Milstein Family Foundation and with the Israeli-American Council as its lead partner.

From Give’on’s perspective, a particular circle of individuals might either only talk amongst themselves or encounter those whose arguments they clearly disagree with. Those two extremes, he says, each represent about 10 percent of the population on any given issue—but Talk Israel’s goal is for pro-Israel content to reach the other 80 percent.

“We wanted to create an app that pro-Israel activists would be able to receive and see content based on their own personal preferences,” says Give’on, a former aerospace engineer for NASA’s Jet Propulsion Laboratory. “We believe that if people get things that are more relevant to them personally, they’ll talk about it more and they’ll be able to reach outside their circle.”

So how does it all work?

First, Talk Israel monitors and aggregates Israel content through Rich Site Summary (RSS) feeds. Once a piece of relevant content is identified, it moves to the analysis phase, in which Talk Israel breaks the content down into 50 different “DNA” elements, as Give’on calls them. For instance: Is it light or serious? Is it short or long? Is it a video or text, or text accompanied by a video?

Users downloading the app can customize their content preferences from a menu of topics including medicine, environment/agriculture, human right, sports, science, arts and entertainment, coexistence, technology, business/economics, lifestyle/food/travel, BDS, terrorism, anti-Semitism, Hamas, Iran, IDF morality, and more.

But the customization doesn’t stop there. Just like each piece of content on Talk Israel has “DNA,” so does each user—not only through their pre-selected topic preferences, but through the ongoing choices they make while using the app. On their personalized content menu, they can swipe left to bypass an article, swipe right to save it, or click it to go to the original piece, where they can also share the content via text, email, and Facebook. Throughout the process, Talk Israel builds its users’ DNA based on what type of content they are reading and how they are engaging with the content, and then feeds users future content based on their DNA.

As Talk Israel also understands that it doesn’t “know everything” about a user even with their DNA at hand, says Give’on, the app occasionally experiments by sending users a piece of content that they wouldn’t normally select. “Every once in a while, we throw something at them different,” he says, so that users’ DNA can be adjusted. For example, particular users who haven’t selected food or technology stories in the past would perhaps be interested in such content if exposed to it.

Besides their personalized news feeds, users can see menus of recent or trending content, or select articles by topic.

Of particular importance to Talk Israel, says Give’on, is that users share content.

“If I notice you read a lot technology, but you share human rights, I’ll show you more human rights,” he says of the app’s algorithm.

Media outlets or other content providers, in turn, can submit their work to the app at http://talkisrael.org/submit-content/.

“Our goal is really to bring in organizations, to bring in content creators, and really see what they want,” Give’on says, explaining that he can offer content producers information such as how far down a Talk Israel user is reading within their article.

Give’on says he believes pro-Israel organizations “all have the same mission” despite approaching it from different angles—which is precisely where the Milstein foundation comes in. The Los Angeles-based foundation supports a diverse group of more than 60 pro-Israel organizations.

Hadas Sella, the Milstein Family Foundation’s executive director, calls Talk Israel’s leaders—including Give’on, co-founder and Chief Creative Officer Gadi Rouache, and Chief Technology Officer Daphna Wegner—a “brilliant team” to work with. She stresses the foundation’s “reputation as connectors” in the pro-Israel world as an important benefit for Talk Israel, while Give’on similarly expresses that the app was looking for partners to “jump in and really be part of this team” rather than hands-off investors.

“We knew we needed a partner with the connections and passion to bring everything to the table…we needed more than just the funding to do this,” he says.

“It’s so refreshing to the non-profit world to have this business-minded, technology-oriented product,” says Sella.

The Talk Israel app can be downloaded in the iTunes App Store here or in Google Play here.

Download this story in Microsoft Word format here.

Source: CNN iReport

The State of Israel continues to be a very relevant topic in the news on an almost daily basis. It is a state of rich history and continues to evolve, however most of us read about Israel but that is about as far as it goes. Adam Milstein has made it his mission to do what he can to support Israel for younger and older generations. It is clear what his mission is and how he is going to get there. I urge you all to watch the video and learn more about Adam and his strategic vision. Adam Milstein is a leader of the Israeli-American community and passionate champion of the U.S.-Israel relationship. Learn about his vision for strengthening the ties between these two like minded nations.