Harris Rosen Net Worth – $200 million
What is Harris Rosen’s net worth? Who is Harris Rosen’s wife?
Introduction
Harris Rosen is an American Jewish philanthropist, investor, and businessman who founded Rosen Hotels & Resorts in 1974.
He is legendary for his philanthropic work in the community as well as for his generosity with associates.
Harris currently serves as a charter member of the University of Central Florida Board of Trustees, the governing body of the University of Central Florida.
Biography
He was born on September 9, 1939, in Manhattan, New York, USA.
From a young age, Rosen aspired to enter the hotel industry. He said:
”When I was 8 years old, I asked my mom and dad if I could buy a hotel, and they said, ‘Yes.’”
In 1961, he received a Bachelor of Science degree from the School of Hotel Administration at Cornell University. Harris became the first person in his family to go to college.
After college, Rosen served three years in the US Army in South Korea and Germany.
After he left the US Army, Rosen completed the Advanced Management course at the University of Virginia’s graduate school of business on a Hilton Corporate Scholarship.
He began his career at the Waldorf Astoria in NYC as a convention salesman. In addition, Rosen worked at other hotels including the New Yorker Hotel and various Hilton Hotels. Harris eventually joined the Walt Disney Company as director of hotel planning.
His bosses at Walt Disney World told him that they didn’t believe he would ever become a company man. Soon, Rosen was fired.
During an interview, Harris confessed:
“I finally came to the conclusion that I most likely didn’t have the organization man’s personality.”
Harris went on to say:
”Deep down inside I knew that one day I was destined to be in business for myself.”
In 1974, Rosen acquired the bankrupt Quality Inn, with its buffet bar, on International Drive. Harris said:
“In two years, I went from unemployed and no money to owning two hotels.”
In 1993, he created the Tangelo Park Program to benefit an impoverished Orlando community.
Note – Tangelo Park is located about a quarter-mile southeast of Orlando’s International Drive tourist area.
On October 31, 1995, Rosen Hotels & Resorts opened its 2nd full-service convention hotel, named – Omni Rosen.
In the same year, Harris started ProvInsure, an insurance agency and risk management consulting company.
In 2002, he donated $18 million to the University of Central Florida to develop the Rosen College of Hospitality Management. He said:
”I didn’t want to make a fuss out of the UCF donation. I was ready to just send a check in the mail.”
Harris continued:
”But President Hitt implored me not to do it that way. He said, ‘Let us make an announcement. Let us use your name. If people hear that you’re doing something, it might encourage others to do something.’”
Rosen added:
”When he put it that way, I had to say okay.”
In 2003, he acquired 255 acres east of the Orange County Convention Center and began construction of a 1,501-room Rosen Shingle Creek.
On May 24, 2005, he received the President’s Award for the Tangelo Park Pilot Program from the U.S. Dream Academy in Washington, D.C.
A year later, Harris hosted the Water for Haiti gala at Rosen Plaza which funded over 200 water filtration devices.
On September 11, 2008, his hotel company received the Apex Award for healthcare accessibility.
On April 18, 2009, he was inducted into the Central Florida Hospitality Hall of Fame.
In 2011, Harris was named the Orlando Sentinel’s Central Floridian of the Year. In the same year, he raised more than $86,000 for earthquake and tsunami relief in Japan.
On January 23, 2015, he received the Coretta Scott King A.N.G.E.L. Award by The King Center, Atlanta.
In 2016, Harris was awarded the Bob Graham Center for Public Service Citizen of the Year award for his work with Tangelo Park.
In October 2017, he acquired the Red Roof Inn International Drive and the Clarion International Drive.
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Later that year, Harris partnered with Rollins College, an arts college in Winter Park, to provide 3 annual scholarships to the school.
Also in 2017, he was honored by the Orlando Business Journal as the Philanthropist of the Year.
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He Met Marilyn Monroe
During his time at Waldorf Astoria in New York City, Rosen worked as an elevator operator. There he encountered numerous famous guests.
In 1948, his father introduced him to the most beautiful blonde lady he had ever seen. Rosen explained:
“He (Harris’ father) said, ‘Harris, I’d like you to meet Marilyn Monroe.’”
Rosen extended his hand for a handshake, however, Marilyn hugged him.
Wife
Harris Rosen is married to his wife, Trish.
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Children
Rosen has four children, named – Jack, Adam, Shayna, and Joshua.
In 2018, his son Adam lost the battle with brain cancer.
Harris declared:
“When he passed, I had long conversations with the physicians who took such good care of him, and what evolved was a new paradigm for finding cures and treatments for horrible diseases.”
Rosen also said:
“I was so intrigued by that new template that I thought I would offer my assistance.”
Quotes
“Service is key. You could be the most technologically advanced company in the world, but if the service is terrible, you have nothing.”
”When you do the right thing, you’re rewarded for it.”
“We get involved in projects that are near and dear to us.”
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Trivia
When Harris created the Tangelo Park Program, the community’s high school dropout rate was 43% higher than the national average. After the Tangelo Park Program began, graduation rates rose to almost 100 percent.
Harris Rosen – Net Worth
Rosen earned most of his wealth from his hotel business. Rosen Hotels & Resorts are valued at more than $500 million, with over 4,550 employees and around 6,700 guestrooms.
Also, his company owns and operates eight hotels and resorts in the Orlando metropolitan area. Some of these resorts and hotels are – The Clarion Inn Lake Buena Vista, Rosen Inn International, Rosen Inn at Pointe Orlando, Rosen Plaza, and Rosen Centre.
Therefore, American businessman and investor Harris Rosen has an estimated net worth of $200 million.
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References https://www.ucf.edu/pegasus/harris-rosen/ https://www.bizjournals.com/harris-rosens-12m-gift.html https://www.researchgate.net/Harris_Rosen_in_conversation_with
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