Adam Swig
Adam Swig is a Mensch and a Philanthropist
Adam Swig is quickly becoming one of San Francisco’s go-to experts when it comes to organizing exciting events for young, community-minded Jews. He’s been responsible for organizing several successful events over recent years; one such offering being Innovation Alley as part of Israel in the Gardens that will showcase high tech startups and nonprofits.
Early Life and Education
Adam, as described by both Christian and Islamic mythologies, is considered the first man. According to both traditions, Adam is said to have been created by God himself and acquired his DNA code through his mother.
The Bible claims Adam lived approximately 4,000 years ago; ancient Egyptians also claimed him as our ancestor. While some historians dispute Adam’s existence, most experts consider him real.
Swig was raised in rural California surrounded by horses, chickens and dogs before attending Stanford University and Harvard Law School. Married four times himself he is a Giants fan who remains committed to his philanthropy work. Additionally he enjoys event entrepreneurship by hosting parties for singles, tech bros, Jews and art enthusiasts.
Professional Career
Swig was an ambitious young real estate tycoon in New York in the late 1980s with plans of building an enormous development empire in New York City. He was grandniece of Benjamin Swig of Fairmont Hotel fame and grandson-in-law to Harry Macklowe who made a name for himself through what became known as “midnight demolition”.
As Swig prepared to make his bid on the Bank of New York Building at 48 Wall Street, he became instantly entranced with its story. From its iconic facade on William Street that stood proudly overlooking the financial district to its rich past that Swig could never forget; Swig was completely taken in.
Swig would purchase numerous iconic buildings throughout Downtown, expanding his Downtown empire eventually to include two prestigious hotels. However, his career would also experience setbacks; soon thereafter he would find himself facing an overwhelming debt burden.
Achievement and Honors
Adam Swig has made his mark in the Bay Area by building bridges across communities through high impact events and relationships that are open to everyone. A true gentleman, Adam puts his work out with enthusiasm while possessing an innate awareness of all areas within it.
He is also the founder of Value Culture, an organization which produces and sponsors artistic, educational, charitable and spiritual events to motivate future generations to give back to their communities. One of California’s premier philanthropy companies with national recognition.
Personal Life
Swig was an avid philanthropist and passionate supporter of Jewish life in San Francisco, contributing millions to Jewish organizations and Democratic causes alike. Additionally, he served on the boards of University of San Francisco, Bammies Music Foundation, and Bay Area Jewish Sports Hall of Fame.
Benjamin Swig built the Fairmont Hotel chain and left behind numerous Manhattan properties for his descendants to inherit. Swig credits his ancestor as his mentor; Swig credits Cissie Swig as being instrumental in helping build his business empire.
Swig is an optimist who saw great potential in 25 Broad Street as one of Downtown’s landmark buildings. Nearly one third of units had deposits secured with nearly $150 million worth of sales on record at that point.
Net Worth
Swig is known for his generosity, dedicating much of his fortune to supporting the arts, education, religion, and Democratic causes. Additionally, he’s dedicated to preserving San Francisco’s history and culture – particularly that of its Jewish community.
As a boy, Swig was inspired by his grandfather Benjamin Swig, a prominent real estate figure who left his descendants a variety of properties including New York’s W.R. Grace Building and Fairmont Hotel chain. Swig, 60, still runs his family business which currently owns more than $3 billion worth of commercial real estate properties.
Kent Swig came to realize the future of his company was uncertain: only 16% of family businesses make it past the third generation, and this figure drops further for fourth-generation heirs. So he made changes to its structure and policies, such as creating committees to make decisions. These revisions allowed their heirs to take control when Kent Swig died, Swig noted.