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Mr. Driehaus used to say his life was influenced by his fathers difficulty affording a nicer home. The Trust for Public Land, CLASSICAL ARCHITECTURE Tour buses round the corner, groaning. Suite 3200 (Michael Tercha / Chicago Tribune). [16] [17] In 2010 Richard Driehaus married Inese Romanovska, of Latvia. [43][44] This contribution is used to recruit and retain faculty at the College of Commerce, which was renamed the Richard H. Driehaus College of Business. But that was yesteryear. After the back-to-back Category 5 hurricanes that devastated the territory in 2017, Driehaus set upa $250,000 matching grantthrough CFVI, which was met. Legendary Landmark Award, Landmarks Illinois, 2009 A plaque says the mansion is a city landmark, the Ransom R. Cable house from 1886. He was 78. "A lot of stuff today is just gratuitous. Driehaus has given widely both individually and through the Richard H. Driehaus Foundation and the Richard H. Driehaus Charitable Trust. Richard H. Driehaus was named to Barron's "All-Century" Team of 25 individuals identified as the most influential within the mutual fund industry over the past 100 years. And with 34.1% of the vote in Round One, Paul Vallas is clearly the front-runner. A dazzling career in securities followed, and by 1980 he had his own brokerage. His foundation works with such civic organizations as the Landmarks Preservation Council of Illinois, Inspired Partnerships and the Local Initiatives Support Corp. One winner, St. Edmund's Episcopal Church at 6105 S. Michigan Ave., is a historic African-American parish. Missing Crain's in print? Richard Driehaus declined to comment, but Tina Culver, the selling agent, confirmed that his two daughterspictured here with their father in 2009did live in the home, which is in the Old Town Triangle neighborhood. Ross Barney bucked the Public Building Commission bureaucracy to slide in curves and graphic details and a skylight sundial and a sunburst-patterned playground, and still came in on a tight budget. Driehaus is no admirer of Miesian grids and "less is more" severity. Hegeler Carus Foundation After a glorious restoration, the house was opened to the public as the Richard H. Driehaus Museum, devoted to the decorative arts of the Gilded Age. "People don't live in cities," he says. Award for Excellence in Architectural Stewardship, Society of Architectural Historians, 2016 His policy is to stay fully invested and he has scored big in health care, computers, retailing, restaurants, pharmaceuticals. His philanthropy extended to numerous organizations representing many civic interests. [7][8][9], From 1968 through 1973, Driehaus developed research ideas for the institutional trading department at A.G. Becker & Co. Wall has vast charm, to say nothing of fundraising know-how. Special exhibitions, books and films memorializing architects and architectural achievements. He's an urban man.". Driehaus thought about it. He supported the St. Thomas Historical Trust in its creation of a preservation plan for Hassel Island in the St. Thomas harbor in partnership with the National Park of the Virgin Islands. From the outset, Mr. Driehaus was motivated to make a difference. Worth, IL 60482 . He wants the city, all of it, to be a harmonious ensemble of buildings that live compatibly with one another and the people who use them. He never got old in his strategy, Boufis said. Community Foundation of the Virgin Islands His 2019 version with a James Bond theme and an appearance by Diana Ross was a particular hit. In his trading room, brokers huddle before computer terminals under the light of vintage chandeliers. Inducted into The Worshipful Company of Glaziers & Painters of Glass, London, 2012 Richard Driehaus, Stock-Market Daredevil, Preserved Traditional Architecture Chicago fund manager, who has died at age 78, arrived at one of his parties on an elephant's back [9][11], Driehaus explained that "the momentum investor has confidence that a stock that is high can head even higher. Frank Schulterbrandt, EDC director at the time of the Treasury debacle, told the Source that despite his company being an EDC tax beneficiary, Driehaus, paid hissizable personal income taxesin the territory. Friends of the Chicago River Richard Driehaus, who died in 2021, purchased the estate in 1998 and renamed the property Glanworth Gardens in honor of his mother's . Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? Corporate Award for Excellence in the Arts, DePaul Theatre School, 2000, EDUCATION From 1973 to 1979, he worked at various brokerage firms including Mullaney, Wells & Co., where he was the Director of Research, and Jesup & Lamont, where he was Director of Research and a money manager. [citation needed], Driehaus received the 2015 American Institute of Architects Lifetime Achievement Award for his contributions to architecture in Chicago and worldwide. The Archimedia Workshop When Driehaus bought it in 1989, it was a rare relic of a long-gone millionaires' row, where mansions lined up four to a block. Dutch architect Rem Koolhaas emerged as winner in February, and planning is under way. LEGAL INNOVATION | Tu Agente Digitalizador; LEGAL3 | Gestin Definitiva de Despachos; LEGAL GOV | Gestin Avanzada Sector Pblico He owns dozens of antique automobiles--"one for every week of the year," chortles a friend. This year'stheme is"A Midsummer Night's Dream." Tolliver replied, almost in passing, that he was worried about the reborn school. We want something more representational,"[36] but he has also criticized the closed selection process. After Harris died in 1916, Yellow Taxi Cab Company founder Walden W. Shaw bought the estate, and he passed it down to his son-in-law Daniel F. Peterin, who was the president of Morton Salt. Movies. ", And he confides: "I don't want a lot of angst. He sponsored the international contest to design the McCormick Tribune Campus Center at the Illinois Institute of Technology. Newman is a veteran Chicago journalist. Like the Vincentians, Mr. Driehaus valued philanthropy and educational access for everyone. St. Pat's and its stained-glass windows celebrated Irish immigrants. BPI Anchored below was a replica of a pirate ship that he enjoyed personally, but quietly donated in 2015 to fulfillthe wish of a 7-year-old boywith a life-threatening disease whose dream to be a pirate was fulfilled by the local Make-a-Wish foundation. Navigation. Experts say Brandon Johnson must reunite progressives and make better inroads with Black voters to beat him. This complex man coats his shop in velvet and marble, but he knows his city, and his demanding eye is on parks and housing and schools and streets. Since 2002, students from Chicago area design schools have showcased their latest creations and received monetary awards for creative excellence. Horatio Alger Award, Horatio Alger Association, 2013 M.W. It's a stretch, but he manages to be bullish on an idealized past and bullish on today's Internet stocks, too. The Driehauses registered for Lenox "Eternal" tableware: It's white with gold trim and modestly priced. Historic Chicago Bungalow Association The listing sheet for the house said it has 13-foot ceilings, four fireplaces, a four-car garage, and a separate coach house. The inaugural exhibition featured the work of Yinka Shonibare. Architecture gives you a sense of place, of history, a sense that you're not alone. Over the years Mr. Driehaus made grants to his alma maters in recognition of their contributions to his success: St. Ignatius College Prep, St. Margaret of Scotland and the School Sisters of Notre Dame. He, his wife, Katherine Fisher (1849-1910), and three of his four children moved into the house sometime . [9] He contributed an equivalent of $92 million in 2000's dollars from 1984 until 1987 already;[26] and his foundations kept donating ever since. Richard Driehaus, the founder of Chicagos Driehaus Capital Management and namesake of the Driehaus Museum and DePaul Universitys Business School, died Tuesday, according to Driehaus Private Equity. Landmarks Illinois The foundation made a $250,000 challenge grant--$1 for every $2 the church could raise. Old Town Triangle House Sold by Driehaus Daughters Trusts, 2020 Chicago magazine / A Chicago Tribune Media Group website. Chicago, IL 60601 You cant make an impact in New York. First he had the handsome place gutted. Driehaus (rhymes with treehouse) is a stock-market high-flier who manages more than $3 billion in investment funds. In 2004 he made a most unusual gift to St. Xavier University on Chicagos southwest side donating Gilhooleys Grande Saloon to the school, along with the entire shopping center in which it is located. No one was prouder to be a Chicagoan than our founder, Richard H. Driehaus. ACG Chicago Lifetime Achievement Award, Association for Corporate Growth, 2017 Benjamin H. Marshall Prize, Benjamin H. Marshall Society, 2008 In midday, vagrants sprawl flat in the pews of the Cathedral of St. James, an ornate masterwork of the old school. One account has Driehaus seeking romance at Wall's church socials. The urns and statues and fountain: spinoffs from the imperial fantasies of the late Louis the Who? The 1,000-strong parties attracted a whos who of Chicago philanthropy, culture and media circles and would officially open with a grand entrance from Driehaus and his beloved offspring, usually with Driehaus driving one of his fleet of vintage automobiles. But the billionaire financier was not all business. In 2000, he was named in Barron's "All-Century" team of the 25 individuals who have been the most influential within the mutual fund industry over the past 100 years. We know that informed communities are empowered ones. His mansion sits amid an urban free-for-all, where zoning, such as it is, must fend with both undergrowth and overgrowth. He also has an estate in Lake Geneva, where his over-the-top birthday parties are legendary. His two marriages ended in divorce. I don't want destructive art. But he surely is on to something when he says: "We need quality design. Those flickering gas lampposts might have adorned Paris' Champs-Elyseesand, it turns out, they really did. Among his clients he lists US Airways, Sears Investment Managing Co., Illinois Tool Works, DePaul University, Outboard Marine Corp. and the Washington State Plumbing & Pipefitting Pension Trust. As did his mother, who lived long enough to see restoration start on the church, says Wall. [13] He and Kristyna (Pellouchoud),[14] an architectural student, meet in Prague and married in 1995. Having grown up in the Catholic faith, with Christian values, he appreciated the significance of a Catholic education. The contest entries were all modernist, nonetheless. Preoccupied with his career, Driehaus married in his early fifties. Little Sisters of the Poor His Near North skyscraper apartment is also a la mode. "I love design. And he made another donation this year." He had established the Driehaus Community Development Fund with CFVI in 2002, and over the course of the next almost 20 years he made donations in excess of $1.8 million to support a broad range of projects and initiatives in the territory, which included the restoration of the Franklin D. Roosevelt Park in 2006 as a cultural asset in the St. Thomas historic district. The Experimental Station Chicago-area billionaire J. Christopher Reyes and his wife, Anne, are the mystery buyers who paid $36 million for the late investment manager Richard Driehaus' 14,145-square-foot,. Driehaus is a moralist, unlike many a fellow moneybags of the boom years. Outside of business, he had focused his attention and energy on a variety of philanthropic and community service-oriented projects, individually and through the efforts of The Richard H. Driehaus Foundation and the Richard H. Driehaus Charitable Trusts. "You're overwhelmed at first--all that Tiffany glass," says Cheryl Cannistra, a Driehaus vice president who has worked for him for 11 years. He was bringing back Old St. Patrick's Church from years of neglect. Chicago-area billionaire J. Christopher Reyes and his wife, Anne, are the mystery buyers who paid $36 million for the late investment manager Richard Driehaus' 14,145-square-foot, Georgian-style mansion on 40 acres in Lake Geneva, Wisconsin. Chicago businessman, collector, and philanthropist Richard H. Driehaus acquired and established the Richard H. Driehaus Museum. Metropolitan Planning Council [9] He described the museum as his "gift to the city. The Chicago Sun-Times said Driehaus died Tuesday at Northwestern Memorial Hospital after suffering a cerebral hemorrhage the night before at his home. In 1976, he became director of research and a money manager for Jesup & Lamont. On Sunday, the Dominican Republic Independence Day Parade was back in full swing in the town of Christiansted, St. Croix. Ambassador Award, Chicago Dramatists, 2013 The mansion is his shell, the office and showcase of Driehaus Capital Management. Find out where to go, what to eat, where to live, and more. Anything else might have been ludicrous, and Driehaus is reported to have admitted: "It's not my taste and I didn't understand this stuff, but it's important and it should be done.". But his neighborhood is ancient Greece and Rome and Empire Paris as well as down-home Chicago. On the side, Driehaus funds his own $40 million charitable foundation, with a mission to improve design and environment and civic life in Chicago's neighborhoods. This is ambience without apologies. "During my lifetime," he says, "I want to give away over $100 million, conservatively.". He has also donated $3 million to the Catholic prep school he attended, St. Ignatius, and gave over $1 million to preserve churches, synagogues and mosques. He established the Richard H. Driehaus Foundation in 1983 and provided monetary support to several arts and cultural organizations including Boys and Girls Hope, Boys & Girls Clubs and the Old Town School of Folk Music, to name a few. National Trust for Historic Preservation I am very observant.". Walworth County deed. Prince of Wales U.S. Foundation Childrens Memorial Foundation. (Matt Sayles/AP). Like investing, it requires strategic thinking, judgment for innovation and tolerance of risk. Chicago magazine newsletters have you covered. Support of the St. Croix Landmark Society has assisted with a summer camp for economically disadvantaged children on Whim, the historic sugar plantation it operates. Philanthropist Richard Driehaus speaks at The Metropolitan Club in the Willis Tower in 2017. Through its arts and culture giving, Driehaus Foundation has been one of the most important funders of Chicago theater and dance for decades, especially low-budget arts organizations that bigger foundations overlooked. From Old Town School of Folk Music to the Sherwood Conservatory of Music. Holy Family met the terms. St. Ignatius College Prep Form-Based Codes Institute Mr. Driehaus supported a broad range of initiatives, including: Mr. Driehaus interest extended beyond bricks and mortar projects. Wall figures in other anecdotal lore about Driehaus, who did not marry until he was in his 50s. After three unsuccessful previous runs for public office, the former Chicago Public Schools chief takes his tough-on-crime message to the citys mayoral runoff. Over the years, he came to understand that maximizing the impact of donated dollars can be more challenging and more fulfilling than earning those dollars. Mr. Driehaus also conveyed his gratitude to other educational institutions and religious orders focused on education, such as Holy Trinity High School, Cristo Rey Jesuit High School, St. Bedes Grammar School, as well as Loyolas St. Joseph Seminary, Christ the King College Preparatory School and the University of the Virgin Islands. Earlier this year, Chicago architect Carol Ross Barney became the first winner of the Driehaus Foundation Award for Architectural Excellence in Community Design. [9], The Driehaus Museum displays decorative arts of the Gilded Age and art nouveau eras in permanent and special exhibitions. Now it is a reclaimed dowager queen, with about $250,000 in work still to be done. [38][40] The Nickerson Mansion received the Chicago Landmark Awards for Preservation Excellence in 2008 upon completion of the restoration. Philanthropist Richard Driehaus speaks at The Metropolitan Club in the Willis Tower in 2017. His inquisitive mind, relentless determination, and unquenchable desire to learn led him to unparalleled levels of success in the investment management industry, which in turn spurred his outsized effect on countless individuals and organizations as a philanthropist. The foundation hands out about $2.5 million a year to non-profit groups. A devoted philanthropist as well, he saw philanthropy as a form of inquiry. She was 99. Six days after the blessed affair, Mr. Driehaus will hold his annual summer bash in Lake Geneva. We are devoted to carrying on Mr. Driehaus legacy and will do our best to continue to grow the countless gifts he has given us. Email: info@chicagovintage.com Richard H. Driehaus was born and raised in Chicago. It needed help. ", Willy-nilly, that belief has prodded him into the uneasy terrain of modern architecture, far from his comforting gas lamps and Victorian art glass and Gold Coast palaces. 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