Leona Helmsley Biography

(American Businesswoman and Real Estate Investor)

Birthday: July 4, 1919 (Cancer)

Born In: Marbletown, New York, United States

Leona Helmsley was a well-known American businesswoman who had amassed a massive fortune as a hotelier. She was also notorious for her brushes with the law and her tyrannical behavior which earned her the sobriquet the ‘Queen of Mean.’ She was the wife and widow of Harry Helmsley, a New York based real estate business tycoon. Helmsley had the record of being on the annual Forbes list of the richest Americans for many years. Several posh hotels and prime real estate were owned by her real estate firms. However, she earned a negative reputation for her arrogant behavior as well as her mistreatment of employees. Her contractors, whom she had hired to build her home, had also sued her for non-payment of dues. Her actions were investigated and she was found guilty of federal income tax evasion as well as other crimes. Though she was initially sentenced for sixteen years, she spent only nineteen months in jail and two months under house arrest. She was also accused of being homophobic after a former employee claimed that he was fired just because he was homosexual. She passed away due to congestive heart failure at the age of 87.
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Quick Facts

Also Known As: Leona Roberts Helmsley

Died At Age: 88

Family:

Spouse/Ex-: Harry Helmsley (m. 1972–1997), Leo Panzirer (m. 1938–1952)

father: Morris Rosenthal

mother: Ida Rosenthal

siblings: Alvin Rosenthal, Sylvia Roman

children: Jay Robert Panzirer

Business Women American Women

Died on: August 20, 2007

place of death: Greenwich, Connecticut, United States

Cause of Death: Congestive Heart Failure

Notable Alumni: Abraham Lincoln High School

Ancestry: Polish American

U.S. State: New Yorkers

More Facts

education: Abraham Lincoln High School

  • 1

    What was Leona Helmsley known for?

    Leona Helmsley was known as a prominent New York City real estate businesswoman and hotel operator, often referred to as the "Queen of Mean" due to her tough and demanding personality.
  • 2

    What legal troubles did Leona Helmsley face?

    Leona Helmsley faced legal troubles related to tax evasion. In 1989, she was convicted of federal income tax evasion and other crimes, serving time in prison.
  • 3

    How did Leona Helmsley acquire her wealth?

    Leona Helmsley acquired her wealth primarily through her real estate investments and management of hotels in New York City, including the well-known Helmsley Palace Hotel.
  • 4

    What impact did Leona Helmsley have on the real estate industry?

    Leona Helmsley was a trailblazer in the real estate industry, breaking barriers as a successful female business leader in a male-dominated field and leaving a lasting legacy on the New York City property market.
  • 5

    What was Leona Helmsley's reputation among her employees?

    Leona Helmsley was known for her tough and demanding management style, often being criticized for her treatment of employees and her reputation for being difficult to work for.
Childhood & Early Life
Leona Helmsley was born as Lena Mindy Rosenthal on July 4, 1920 in Marbletown, New York to a Polish Jewish family. Her parents were Ida and Morris Rosenthal. Her father used to make hats for a living while her mother was a homemaker. Her familymoved around the country several times before finally settling in Manhattan. She studied at Abraham Lincoln High School for a few years and dropped out later.
Helmsley changed her surname several times before finally changing her legal surname to Roberts. She worked for a brief period at a sewing factory, after which she joined a New York real estate firm. She eventually became its vice president.
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Career
Leona Helmsley began her career as a hotelier in 1964, first working for Abe Hirschfeld. Eventually she became a condominium broker. Over the course of her career, she became romantically involved with a married multi-millionaire real estate entrepreneur Harry Helmsley in 1968.
She soon joined one of his brokerage firms as a senior vicepresident. Helmsley divorced his wife and married Leona Helmsley in 1972. Meanwhile, she had started facing legal troubles and was sued for forcing the tenants of one of the apartments she managed to buy condominiums.
She lost, which resulted in her being forced to compensate the tenants as well as give them three-year leases. Her real estate license was suspended as well. Therefore, she started working on helping her husband’s hotel empire grow.
The couple started converting their apartment buildings into condos. Harry Helmsley also focused on the hotel industry and built The Helmsley Palace on Madison Avenue.
They also built a real estate empire in New York City, which included 230 Park Avenue, the Empire State Building, as well as the Tudor City apartment complex. They developed several other properties, such as the New York Helmsley Hotel and the Helmsley Palace Hotel. Leona eventually gained direct control of twenty hotels of the chain. Over the years, the Helmsleys amassed tremendous wealth which eventually crossed $1 billion.
She was notorious for her tyrannical behavior and used to fire her employees for the slightest mistakes. She was known to shout at them and insult them just before their termination.
Convictions & Prison Sentence
The Helmsleys had bought the Dunnellen Hall in Greenwich, Connecticut, worth $11 million, which they had planned to use as a weekend retreat. They decided to remodel it, which cost a total of $8 billion. However, they were reluctant to pay it. As a result, they were sued by the contractors and they eventually had to clear their debt.
The Helmsleys were also accused of avoiding tax liabilities. This led to a federal criminal investigation. Their trial was, however, delayed till the summer of 1989 because of Harry Helmsley’s deteriorating health. After he suffered a stroke, he was ruled unfit to stand trial, and therefore Leona had to face the charges alone.
The trial shed light on Leona Helmsley’s tyrannical and abusive behavior towards her employees, contractors, executives, and even family members. Many of her former employees also testified against her. According to one of her former housekeepers, Helmsley had told her “We don’t pay taxes. Only the little people pay taxes.” However, Helmsley denied it.
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Helmsley was initially sentenced to 16 years in prison, which was later reduced as many of the convictions against her were dropped. Also, with the help of a new lawyer, she eventually managed to reduce her sentence to just nineteen months. She served her sentence from April 1992 to January 1994.
Leona Helmsley spent most of her later years in isolation. Her husband passed away in 1997. She also became estranged from her family and friends, and was reported to live in an apartment with her dog.
In 2002, she was sued by a former employee, who claimed he was fired for just being gay. She was ordered to pay him $11,200,000 in damages, which was later reduced to $554,000.
She also had to give up control of her hotel empire as most of her hotels had bars, and convicted felons aren’t allowed to hold alcohol licenses in New York.
Personal Life
Leona Helmsley was married four times. Her first marriage was with Leo Panzirer in 1938. Their divorce took place in 1952. She was then married to Joseph Lubin twice, with both marriages resulting in divorce. She eventually married Harry Helmsley in 1972 and remained with him till his death in 1997.
Leona Helmsley died of congestive heart failure on 20 August 2007 at Dunnellen Hall.
Her property, which was worth more than $4 billion, was left to the Leona M. and Harry B. Helmsley Charitable Trust. She also left $12 million for her dog named Trouble.
Facts About Leona Helmsley
Leona Helmsley was known for her love of animals and was a dedicated supporter of animal welfare organizations.
She was a successful businesswoman who played a key role in managing the Helmsley hotel empire alongside her husband, Harry Helmsley.
Leona Helmsley was known for her sharp wit and no-nonsense attitude, which earned her the nickname "Queen of Mean."
She was a generous philanthropist who donated millions of dollars to various charitable causes during her lifetime.
Leona Helmsley was a trailblazer for women in the business world, breaking barriers and achieving success in a male-dominated industry.

See the events in life of Leona Helmsley in Chronological Order

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Article Title
- Leona Helmsley Biography
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URL
https://www.thefamouspeople.com/profiles/leona-helmsley-35002.php

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