Early Life
Norma Lerner, born Norma Wolkoff in 1935 or 1936, is a prominent American businesswoman and philanthropist. Details of her early life are limited, however, she married Al Lerner in 1955, marking the beginning of a life intertwined with business and philanthropy.
Rise to Success
Norma's husband, Al Lerner, was the founder of MBNA, a major credit card company. The couple's wealth grew significantly through Al Lerner's success in the banking sector. After Al Lerner's death in 2002, Norma inherited a substantial portion of the family's wealth. Her involvement in various business ventures and philanthropic activities solidified her position as a successful businesswoman.
Key Business Strategies
Norma Lerner's business acumen is evident in her strategic investments and leadership within the Lerner Foundation. The family's business interests included the Cleveland Browns and their former ownership of Aston Villa. Norma's careful management and involvement in the Cleveland Clinic and Lerner College of Medicine highlight her business insights.
Philanthropy
Norma Lerner is deeply committed to philanthropy, primarily through the Lerner Foundation. The Lerner Foundation supports a variety of causes, including education, healthcare, and the arts. A notable achievement includes the founding of the Cleveland Clinic Lerner College of Medicine, which received a $100 million gift from Al and Norma Lerner. The family has also contributed significantly to the Lerner Research Institute.
