Larry Tanenbaum’s Net Worth is
He possesses a 25% position in MLSE through his holding company Kilmer Sports Inc. He earned a Bachelor of Science degree in Economics from Cornell University in 1968. In acknowledgment of his contributions in the fields of philanthropy, company, and volunteerism, Tanenbaum was made an Officer of the Order of Canada on October 25, 2007. The Order of Canada is the centerpiece of Canada’s honors system and signifies its highest civilian award.
In June 2012, he was given an honorary degree of Doctor of Laws, by St. Michael’s College at the University of Toronto. Tanenbaum was President and CEO of Kilmer Van Nostrand Co. Restricted from 1968 to 2000 and is now Chairman and Chief Executive Officer. Under his direction, Kilmer developed right into a multifaceted construction operation with operating divisions and subsidiary companies covering road building and paving, ready-mix concrete, aggregates, heavy construction, trucking, and conduit making.
The heavy building operations contained jobs in Canada, America, and South America and specialized in building underpasses, elevated transit system guideways, bridges, and tunnels such as the design-build of the Toronto Zoo raised transit system, the raised transit system in Miami, and underpasses in Caracas, Atlanta, Calgary, and Toronto. In 1984, this unit was united with Canadian Foundation Company Ltd. which itself was later united with Bannister International.
He served as Chairman of Warren, which, until its amalgamation with Lafarge North America, was Canada’s biggest asphalt paving business with businesses serving about 44 communities. Warren’s actions also included leading commercial aggregates operations, liquid asphalt trading, and supply and road upkeep. As an outcome of the amalgamation, Kilmer became an important investor in Lafarge NA, and Tanenbaum served on the Board and chaired its Finance Committee until the 2006 buyout by Lafarge SA.