Early Life
Lawrence M. Tanenbaum was born in Toronto, Ontario, Canada, in 1945, to a Jewish family. He earned a Bachelor of Science degree in economics from Cornell University in 1968.
Rise to Success
Tanenbaum's career has been marked by his involvement in sports and business ventures. He is known for his role as chairman and CEO of Kilmer Group. He is also the chair emeritus of Maple Leaf Sports & Entertainment (MLSE), chairman of the board of the National Basketball Association, and a governor and member of the executive committee of the National Hockey League, the NBA, and Major League Soccer. Tanenbaum played a pivotal role in bringing an NBA franchise to Toronto and has been involved in the acquisition of major sports teams and arenas, including the Toronto Maple Leafs and Toronto Raptors.
Key Business Strategies
Tanenbaum's business strategy involves investments in private equity, infrastructure, real estate, and sports and media. He has a 25% stake in MLSE through his holding company Kilmer Sports Inc. He is also the chairman of the board of the National Basketball Association, and a governor and member of the executive committee of the National Hockey League, the NBA, and Major League Soccer (Toronto FC professional soccer club, which MLSE also owns).
Philanthropy
Tanenbaum is actively involved in various community associations. He is a founding member of the Right To Play Canadian Advisory Board. He is involved with Sinai Health System, Lunenfeld-Tanenbaum Research Institute, Brain Canada, and the Centre for Israel and Jewish Affairs, among others. The Larry & Judy Tanenbaum Family Foundation supports healthcare, medical research, Jewish community initiatives, and educational opportunities. The Tanenbaums have also made significant donations to advance progress in physical and mental health research, human rights, education, and the arts. They have created the Tanenbaum Institute for Science in Sport to promote evidence-based research in sport science and sports medicine.
