Sylvan Adams

Sylvan Adams (Hebrew: סילבן אדמס) is a businessman and Israeli-Canadian billionaire.

Sylvan Adams
Born (1958-11-01) November 1, 1958
Quebec City
NationalityIsraeli - Canadian
Occupationbusinessman
Known forBringing 2018 Giro d'Italia to Israel
Parent(s)Marcel Adams, Annie Adams
FamilyGil Troy (brother-in-law)

Background and career

Adams was born and raised in Canada. He served for close to 25 years as president and CEO of Iberville Developments, one of Canada's largest real-estate development companies founded by his father, Marcel.[1] At the end of 2015, he immigrated to Israel (made Aliyah) and settled in Tel Aviv.

Adams has a passion for cycling, taking it up only in his 40s. In November 2017, he won the World Masters Championship in Manchester, England[1] and has been a world time-trial champion many times.[2] He is co-owner of the Israel Cycling Academy (ICA). The team was founded in 2015 and is a UCI Pro Continental team. In 2017 the first institute for sport's excellency in Israel was established in Tel Aviv University and is called the Sylvan Adams Cycling Network.[3][4] He also donated money along with KKL-JNF Canada and others for the Sylvan Adams Commuter Path, a biking path which connects Tel Aviv with surrounding areas to allow people to commute to work by bicycle more quickly and safely.[5] In May 2018, he established the first velodrome in Israel and the Middle East.[6] He was the first to suggest the Giro d'Italia 2018 take place in Israel[7][8] and donated 80 million dollars for this purpose. This was the first time that any stage of the Giro tour[9] took place outside of Europe.[1] He was named the Honorary President of the 2018 Giro d'Italia as a result.[10]

Philanthropy

He donates money for many sports and educational activities. He established the Margaret and Sylvan Adams Family Foundation to support educational and medical projects in Israel and Canada.[1] The foundation offers doctoral scholarships at the Israel Academy of Sciences and Humanities. The "Bonei Zion Prize" is given every year with his name by Nefesh b'Nefesh. The award recognizes immigrants to Israel from English-speaking countries who have impacted Israel[11] in the fields of science and medicine, education and nonprofit work, national service, business, technology and culture, and arts and sports. It was established in 2013 with Adams assistance and offers each recipient with a $10,000 prize.[12]

In 2018, he donated $5 million to SpaceIL, the non-profit organization that is working to land the first Israeli spacecraft on the moon.[13] In 2019, Adams was reported to be funding the cost of a performance by Madonna at the 2019 Eurovision Song Contest.[14]

Family

His father is Marcel Adams, a Canadian real estate investor, philanthropist and Holocaust survivor.[15]

References

  1. "35. Sylvan Adams - 50 Most Influential Jews - Jerusalem Post". www.jpost.com. Retrieved 2019-02-06.
  2. Wallack, Roy (February 6, 2019). "The Man Who Brought the Giro to Israel".
  3. Gilad Adin - Sylvan Adams Sports Institute June 1, 2017
  4. Rogers, Neal (February 6, 2019). "Q&A with Sylvan Adams, the billionaire behind Giro d'Italia start in Israel".
  5. "The Sylvan Adams Commuter Path Network is inaugurated". Tel Aviv-Yafo Foundation. 2018-12-20. Retrieved 2019-02-06.
  6. Tel Aviv building 1st Olympic velodrome in the Middle East May 2, 2018
  7. Lidman, Melanie. "Legendary cyclist Gino Bartali gets honorary citizenship ahead of Giro Israel". www.timesofisrael.com. Retrieved 2020-09-16.
  8. The JC Sylvan Adams - the man behind Israel's biggest sports spectacular January 4, 2018
  9. "The Montreal billionaire bringing cycling to the Mid East". finance.yahoo.com. Retrieved 2019-02-06.
  10. May 02, rés Spokoinyon; 2018. "JFN Member Sylvan Adams Brings Giro D'Italia to Israel". Jewish Funders Network. Retrieved 2019-02-06.CS1 maint: numeric names: authors list (link)
  11. "Nefesh B'Nefesh presents outstanding Anglo 'olim' with 2018 Bonei Zion Prize". JNS.org. 2018-10-31. Retrieved 2019-02-06.
  12. "Winners of Sylvan Adams Nefesh B'Nefesh Bonei Zion award announced - Israel News - Jerusalem Post". www.jpost.com. Retrieved 2019-02-06.
  13. Solomon, Shoshanna (February 6, 2019). "Canadian mogul Adams gives $5 million to Israel moon bid project".
  14. "Madonna expected to accept 2019 Eurovision Song Contest deal".
  15. "Marcel Adams & family". Forbes. Retrieved 2019-02-06.
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