Early Life
Stephen Orenstein was born on December 28, 1963, in Frankfurt, Germany. He attended Kimball Union Academy in New Hampshire and later studied at Lehigh University in Pennsylvania, initially pursuing a medical degree. However, after the unexpected death of his father, Alfred Orenstein, in 1985, Stephen returned to Frankfurt to take an active role in the family business.
Rise to Success
Stephen Orenstein's career began when he joined Supreme Group's sales division in 1985. He inherited the company, which his father founded in 1957, and helped it grow into a major player in international defense contracting. Under his leadership, Supreme Group became known for supplying food and fuel to U.S. military personnel, particularly in Afghanistan. At one point, Orenstein owned 75% of the company. In 2014, two of Supreme Group's subsidiaries were involved in a fraud case with the U.S. government, leading to penalties and compensation.
Key Business Strategies
Stephen Orenstein expanded the business from its original focus on supplying U.S. military bases in Germany. Key strategies involved securing contracts to supply troops in conflict zones, such as Afghanistan. He focused on supply chain services, specifically food and fuel. Orenstein has also invested in commercial real estate in Germany, Italy, the U.K., and the U.S., and has a stake in the German soccer team Eintracht Frankfurt.
Philanthropy
Stephen Orenstein is known for his philanthropic efforts. He actively supports initiatives in education and entrepreneurship, aiming to provide opportunities for the next generation of innovators.