Carl J. Shapiro

American philanthropist and businessman

Carl J. Shapiro (February 15, 1913 – March 7, 2021) was an American businessman.

Carl J. Shapiro
Born(1913-02-15)February 15, 1913
DiedMarch 7, 2021(2021-03-07) (aged 108)
Boston, Massachusetts, U.S.
NationalityAmerican
OccupationBusinessman
SpouseRuth Shapiro (1917-2012; her death)
Children3
RelativesRobert M. Jaffe (son-in-law)

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

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

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

Shapiro died on March 7, 2021 in Boston at the age of 108.[4]

References

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  1. "Madoff associate Robert Jaffe skips state hearing - The Boston Globe". Boston.com. 2009-01-14. Retrieved 2016-09-10.
  2. Palm Beach Daily News: "PB, Boston philanthropist Ruth Shapiro dies" by Shannon Donnelly Archived 2018-07-22 at the Wayback Machine October 15, 2012
  3. "Madoff Names Names Again, And Carl Shapiro Calls Him A Liar". International Business Times. 2013-05-24. Archived from the original on 2014-12-17. Retrieved 2013-07-07.
  4. "Carl Shapiro Obituary - (1913 - 2021)". Boston Globe. Retrieved 9 March 2021.