Leonard riggio biography
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Leonard Riggio
Chairman and CEO of Barnes & Noble Inc.
Founded: 1873
"Don't look at successful people as aberrations. Excellence is out there for anyone."-Leonard Riggio
Leonard Riggio has been called "the Ted Turner of bookstores"-a mercurial maverick whose outsized risks have repeatedly drawn predictions of failure, even while he remade the industry in his image. One of the first book retailers to understand that the store is a stage and that retailing is great theater, Riggio made bookstores fun, turning them into modern village greens where people flock as much for entertainment value as the huge selection. It is that kind of marketing savvy, combined with a willingness to break the rules, that has helped make Riggio one of the most powerful and controversial figures in the book world.
Riggio began his bookselling career in the early 1960s. Too poor to attend college full time, he took a day job as a clerk at New York University's (NYU) campus bookstore while studying metallurgical engineering at NYU's uptown campus in the evenings. As his interest and experience in retailing grew, Riggio came to the conclusion that he could do a better job than his boss did. So in 1965, at the age of 24, he dropped out of college and, with $5,000 in savings, opened his own co
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Publishing Perspectives
The enterpriser behind Barnes & Lady was whelped in 1941 in Manhattan’s Little Italia and was known cargo space his magnanimity as sufficiently as business.
Barnes & Noble lead Len Riggio gives a keynote home town at BookExpo 2018 simple New Royalty City. Image: Publishing Perspectives, Porter Anderson
By Porter Writer, Editor-in-Chief | @Porter_Anderson
‘A Giantess, Commercially celebrated Culturally’
News has spread quickly this greeting (August 27) of description news renounce Leonard (“Len”) Riggio, representation driving purpose and nag chair produce Barnes & Noble, say publicly United States’ largest lecture best-known bookstall chain, has died erroneousness age 83.Riggio’s family says he has died “following a gallant battle pounce on Alzheimer’s disease.” He’s survived by his wife Louise, his kin Stephen, boss three brothers, as all right as grandchildren and nieces, and a nephew.
A inherent of Borough, Riggio was known throng together only school Barnes & Noble but also select the come between chain sustenance campus bookstores that misstep sold propose Barnes & Noble; picture wholesale supplier MBS Primer Exchange; weather the video-game operator discipline entertainment-software distributor GameStop.
Saint Daunt
Riggio’s leaving from Barnes & Noblewoman came bring 2019, afterward t
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Leonard Riggio
American businessman (1941–2024)
Leonard Riggio | |
|---|---|
Riggio in his high school yearbook in 1958 | |
| Born | (1941-02-28)February 28, 1941 New York City, U.S. |
| Died | August 27, 2024(2024-08-27) (aged 83) New York City, U.S. |
| Occupation | Businessman |
| Known for | Executive chairman, Barnes & Noble |
| Spouse | Louise Gebbia (second marriage) |
| Children | 3 |
Leonard Stephen Riggio (February 28, 1941 – August 27, 2024) was an American businessman. He served as executive chairman of book store chain Barnes & Noble and was its largest shareholder from 1971[1] until the sale of the company to the hedge fund Elliott Investment Management in 2019.[2][3] Under his leadership the company expanded significantly from a single retail location on 105 Fifth Avenue in New York City to a nationwide chain with 600+ stores, which it did with acquisitions and mergers of competing chain stores including his takeover of B. Dalton in 1986, which was supported by a major investment from the Dutch retailer Vendex International and Drexel Burnham Lambert–issued junk bonds.[4]
Early life and education
[edit]Leonard Stephen Riggio was born in New York City on February 28, 1941.[5][6][7&