Arthur Becker is an American business magnate with vast interest in the technology, finance, art and real estate sectors. He grew up in Bristol, Connecticut. He was married to Vera Wang for more than 20 years until they separated in 2012. The wife runs a fashion company, Vera Wang Fashion Company, where he became a senior advisor for seven years. They had two daughters.
He is the current Managing Member of the Madison Partners, LLC. This is an investment firm that deals in real estate and Biotech ventures. In 2012, he became the Chairman and CEO of Zinio. The mogul served in the digital newsstand company until 2015. Before he joined Zinio, Becker was the CEO of the NaviSite, a company that provided Internet services in the US, UK, and India. The company provided data hosting and cloud-based application management. He sold the company in 2012 to concentrate in real estate and immediately invested in condominium development in Florida and New York. You can visit Perez Hilton to know more.
Arthur Becker started investing in technology in the early 2000’s. He started NaviSite Technologies which tremendously grew to offer web-hosting services to the United States, United Kingdom, and India. In 2011, Time Warner Cable bought the company at $230 million. He transitioned into the publishing industry and established Zinio
Real Estate Investments
Becker’s real estate’s interest started after college. He moved to Vermont where he spent time restoring the 18th-century homes. He sold one of the houses he restored to Thomas Salmon. Since then, he has invested in condos in Florida and New York. He has developed an eight-unit luxury condo at 456 Washington Street. It is expected to sell at $52.5 million. Additionally, he invested in 10 Sullivan Street, a 16-storey condo that was developed by Madison Equities-owned by Maloney and Robert Gladstone. The developers later transferred three Sullivan Street townhouses to Becker. The transfer saw Becker exchange his stakes in the project for the townhouses.
Becker’s has also invested at 111 West 57th Street alongside JDS Development Group, AmBase Corp, and Property Market Group.
Becker invested in a macadamia farm in Los Angeles. He invested this after being convinced by a friend where they pumped $4 million. They got a contract with Mrs. Field Cookies and sold the nut at approximately $10 million.
Arthur Becker collects ancient currencies from Africa to produce sculptures; two of which will be erected in the Capital Properties Building in Boston. He exhibits his artwork in his newly built Sullivan Street townhouse. Check out arthurbeckerstudio.com