Horatio Alger Award, Horatio Alger Association, 2013 "He sat down and wrote a check. The mansion was built in 1906 for Norman Harris, founder of a banking firm that bore his name and grew into Harris Trust, now BMO Harris Banks. INTBAU Visionary Supporter Award, presented by HRH Prince Charles and the Driehaus is a moralist, unlike many a fellow moneybags of the boom years. Landmarks Illinois The Archimedia Workshop [9], He has also given to smaller dance and theater groups in Chicago, such as the Chicago Shakespeare Theatre, Hubbard Street Dance Company, Pegasus Players, Poetry Society of America, Trinity Irish Dance Company, and Redmoon Puppet Theater. Menu. Mr. Driehausthe founder of Driehaus Capital Management, who died in March at age 78purchased the property in 1998 for around $5 million, renaming it after his mother's birthplace in. List Price: $1.299 million degree in 1965. Now the house preens in latter-day effulgence, the lacquered fancy of a self-made multimillionaire of our time, Richard H. Driehaus. Six days after the blessed affair, Mr. Driehaus will hold his annual summer bash in Lake Geneva. Chicago businessman, collector, and philanthropist Richard H. Driehaus acquired and established the Richard H. Driehaus Museum. The windows were masterpieces, the work of Chicago's Thomas O'Shaughnessy. His late mother, Margaret, he recalls, was about 90 when he and she and Rev. Driehaus is indeed comfortable, even if some of his admirers call him an "eccentric" sort of wizard. Mr. Driehaus personally put these ideals into action in the restoration of three significant historic properties: the 1883 Gilded Age Samuel Mayo Nickerson Mansion, which now serves as The Richard H. Driehaus Museum in Chicago; the 1886 Richardsonian Romanesque Ransom Cable Mansion, which serves as headquarters for his business in Chicago; and the 1906 Georgian-style estate built by Norman W. Harris in Lake Geneva, Wisconsin. Grants are typically made through coalitions and alliances to encourage programming designed to broaden civic participation in the cultural life of the city. Norman H. Stone Award, Emergency Fund, 2010 He established the Richard H. Driehaus Foundation in 1983 and provided monetary support to several arts and cultural organizations including Boys and Girls Hope, Boys & Girls Clubs and the Old Town School of Folk Music, to name a few. 10701 S. Harlem Avenue. A savvy businessman, who as a teenager began his investment education after losing $1,000 in the stock market he earned from a paper route, according toa Chicago Sun-Times article. He would say this a lot, The mind is like a parachute. Rev. Wall has vast charm, to say nothing of fundraising know-how. The angels and nymphs are in marble and onyx and alabaster. "A grand design for giving." No one was prouder to be a Chicagoan than our founder, Richard H. Driehaus. Richard H. Driehaus Founded Driehaus Capital Management LLC. Closer to his Virgin Islands home, he fed his penchant for the Wizard of Oz and love of pirate tales with a twice nightly display of colored lights through a waterfall on his property overlooking Charlotte Amalie harbor complete with a hologram of the wizard and accompanied by the 1812 Overture, which ran until the 2017 hurricanes. Walworth County deed records show the stately Georgian-style mansion was bought on Jan. 14 through an opaque Delaware limited liability company, according to the Chicago Tribune. he says now. Driehaus talks about it effusively, seated under a gilt chandelier in the mansion's French Room. The other one, the Driehaus International Growth Fund, is listed in the mutual tables, but you'll need at least $100,000 if you want to play. Design competitions for a: memorial to Daniel Burnham, new hospital for Childrens Memorial, campus center building at the Illinois Institute of Technology, and Friends of the Rivers 25th anniversary design charrette. On Sunday, the Dominican Republic Independence Day Parade was back in full swing in the town of Christiansted, St. Croix. Sacred Heart Schools Known throughout the financial world as an early practitioner of momentum investing, which calls for spotting stocks on prolonged upward trends, Mr. Driehaus founded Driehaus Capital Management in 1982. Richard Driehaus declined to comment, but Tina Culver, the selling agent, confirmed that his two daughterspictured here with their father in 2009did live in the home, which is in the Old Town Triangle neighborhood. Two candelabra stand sentry beside a Chickering grand piano. I bent her ear for two hours.". List Price: $1.299 million The carpets are Oriental. [13] He and Kristyna (Pellouchoud),[14] an architectural student, meet in Prague and married in 1995. Numerous articlesin stateside newspapers speak of his legendary themed birthday parties, the last one featuring Diana Ross. He was also highlighted alongside legendary investors Warren Buffett, Sir John Templeton and Ben Graham in the book: The Worlds 99 Greatest Investors by Magnus Angenfelt. "Harmony, balance, proportion and symmetry" are his watchwords for design excellence. His passion for investing continued and he grew to become the legend and pioneer we all know today. There is a delight, proportion, and harmony in classical architecture that I wasnt finding in the contemporary buildings coming up around me in Chicago. [9][47] He also underwrote the Red Hot Chicago Fashion Gala for young professional designers.[9]. Louis Comfort Tiffany was a gifted American designer of yore and some Tiffany windows have sold for more than $1 million. A private mass was held for him after his funeral. Anchored below was a replica of a pirate ship that he enjoyed personally, but quietly donated in 2015 to fulfillthe wish of a 7-year-old boywith a life-threatening disease whose dream to be a pirate was fulfilled by the local Make-a-Wish foundation. ", This page was last edited on 17 January 2023, at 18:59. This is when he purchased his first shares of stock using money saved from his paper route. The home next door to Glanworth Gardens is for sale with the areas second-highest list price. Driehaus often pointed to his Roman Catholic roots as a guide to his philanthropic endeavors. "Very few people in the investment world have made this commitment.". Ambassador Award, Chicago Dramatists, 2013 Thats the 12,396-square-foot, six-bedroom Villa Hortensia, which sits on 20.5 acres and was listed for $20.75 million in February. In 1976, he became director of research and a money manager for Jesup & Lamont. Mar 21, 2021. Chicago, IL 60601 Special exhibitions, books and films memorializing architects and architectural achievements. At age 55, Richard Driehaus is tall and lean and long-haired and very much his own manan emerging civic patron with one foot in the Gilded Age and the other in the Information Age. All of these, and many, many other organizations, have been a beneficiary of the generosity of Richard H. Driehaus. The mansion is his workplace, ripely furnished in his own choice of Victorian opulence, with salon piling on salon. Driehaus is not nearly as well-known, but over the years has far outpaced the benchmark Standard & Poor 500 Index. In 2000, Barrons named him to its all-century team of 25 individuals it identified as most influential in the mutual fund industry. Archdiocese of Chicago It has ranged from development of a financial literacy program to help low-income families learn how to create and preserve wealth, to an initiative sponsored by South Shore Bank to develop Individual Development Accounts which dollar-match low-income families saving plans. Built in 1872 or 1873 by the Chicago brewer Frederick Wacker (a partner in the Wacker & Birk Brewing Company), the house was remodeled by his son and successor Charles Wacker, the civic leader after whom Wacker Drive is named. Preservation Society of Newport County degree in 1965 and an M.B.A. in 1970. Mr. Driehaus had a strong personal interest in design excellence and historic preservation. The Property: Trusts in the names of the two daughters of the financial whiz and philanthropist Richard Driehaus have sold a storybook-style Italianate Victorian that they had owned since 2001. He said open-mindedness informed Mr. Driehaus lifelong success in investing and his embrace of new products and technology. AIA Presidential Citation, The American Institute of Architects, 2006 In 2016, The Richard H. Driehaus Charitable Lead Trust, in collaboration with INTBAU (International Network for Traditional Building, Architecture & Urbanism), established a competition to recover the forgotten architectural heritage of Spanish towns. Driehaus, who was born in Chicago and was an alumnus of DePaul University, first started his career in 1968 working in institutional trading at A.G. Becker. Fund manager and philanthropist Richard Driehaus and girlfriend Inese Romanovska are getting ready for two big summer parties including their wedding. The philanthropic activities of the Richard H. Driehaus Foundation and the Charitable Trust are widely acknowledged in the fields of culture, arts, heritage protection, journalism and architecture, including the renowned global Driehaus Architecture Prize for new classical architecture. While still a preteen, he swung his first big deal, netting $55 on a $3.80 cache of Canadian nickels. Chicago magazine newsletters have you covered. TV Shows. The shooting occurred about 4:30 p.m. Wednesday in the 5200 block of South Spaulding Avenue, according to police. Frustrated by his father's inability to afford a home in an upscale suburb, Dreihaus developed an interest in . Awards sponsorship, including the The Richard H. Driehaus Foundation Award for Architectural Excellence in Community Design, The Richard H. Driehaus Foundation Bungalow Awards, Faith in Community Awards, and The Richard H. Driehaus Foundation Preservation Awards. Hegeler Carus Foundation [11][29], The annual Driehaus Awards Fashion Excellence gives students from the four Chicago-area design schools a chance to showcase their works, with monetary prizes for placed winners. He was a newsboy of 10, he recalls, delivering the Southtown Economist, when he first noticed the value of design. Driehaus Capital Management LLC is an independent adviser with $13.2 billion in assets under management (AUM). In 2000, he was named to Barrons All-Century team of 25 individuals identified as the most influential within the mutual fund industry over the past 100 years. In 2014, Mr. Driehaus gave a speech at DePaul University, his alma mater. The . After Harris died in 1916, Yellow Taxi Cab Company founder Walden W. Shaw bought the estate, and he passed it down to his son-in-law Daniel F. Peterin, who was the president of Morton Salt. Richard provided support to CFVI for projects ranging from The Towns Blueprint and the renovation of Roosevelt Park and its annual holiday tree lighting, to a matching grant to support USVI nonprofits after hurricanes Irma and Maria and the repair of the roof of St. Annes Chapel in Frenchtown, CFVI President Dee Baecher-Brown said in a news release Saturday morning. After the back-to-back Category 5 hurricanes that devastated the territory in 2017, Driehaus set upa $250,000 matching grantthrough CFVI, which was met. Trustee Award, Chicago Architecture Foundation, 2009 "Why do all these things when you're gone?" It is housed in a historic Chicago landmark, the 1887 Samuel M. Nickerson Mansion. In midday, vagrants sprawl flat in the pews of the Cathedral of St. James, an ornate masterwork of the old school. The stocks tanked, teaching him about the market and the wisdom of financial columnists. Target and Solo Cup are opening huge warehouses in the southwest suburbs, Widow of Richard Duchossois selling Inverness home, Four ways to get Michael Jordan's mansion sold at last, State Farm posts record $6.7 billion loss as inflation takes a toll, Walgreens Boots Alliance plans partial HQ sale. He was survived by his three daughters Tereza, Caroline, and Katherine (Kate)[21] Driehaus. He resolved to get smart on his own and find a career that would let him own the home he wanted. Holy Family Preservation Society His mother was Irish. [3] His firm had $13.2 billion in assets under management as of March 2021. Says Tolliver: "It came at a very critical time.