The carpets are Oriental. The summer garden parties at his lakeside mansion in Lake Geneva, Wisconsin, were legendary affairs, often compared to scenes from The Great Gatsby.. Friends of the Parks he says now. TV Shows. He worked tirelessly for his investors, in part, because of his Horatio Alger-like story. degree in 1965. The lakefront estate set on 40 acres is known as Glanworth Gardens. He had a whimsical side. "A few years ago," Lane recalls, "Driehaus came to Holy Family for a St. Ignatius Prep event. [38][40] The Nickerson Mansion received the Chicago Landmark Awards for Preservation Excellence in 2008 upon completion of the restoration. It also included a grant in 2008 to the hospital, along with other donors,to support trauma care. The Richard H. Driehaus Museum, which he founded in 2003, is one of the greatest gifts he made to the people of Chicago. A man with a multitude of interests and causes, Mr. Driehaus made a significant impact in both business and charity. He was 78. Holy Family met the terms. It's not clear whether the two were still married when Richard Driehaus died in March 2021. "I began to see that some buildings had more character, more interest than others," he says. Walworth County deed. International Network for Traditional Building, Architecture and Urbanism, 2015 [43][44] This contribution is used to recruit and retain faculty at the College of Commerce, which was renamed the Richard H. Driehaus College of Business. In later years the mansion served as a funeral home. Friends of the Windows We rarely invest in stock because it's cheap and hope for a turnaround. He told the Chicago Sun-Times in 1996 that he saved $1,000 from his paper route in Brainerd on the citys Far South Side and, at 13, invested in stocks recommended by financial columnists. This is when he purchased his first shares of stock using money saved from his paper route. Richard H. Driehaus was named to Barron's "All-Century" Team of 25 individuals identified as the most influential within the mutual fund industry over the past 100 years. Driehaus likes relatively small, fast-growing companies with rising sales and earnings. It is on its way to a $6.5 million completion. Horatio Alger Award, Horatio Alger Association, 2013 Illinois Institute of Technology Chicago-area billionaire J. Christopher Reyes and his wife, Anne, are the mystery buyers who paid $36 million for the late investment manager Richard Driehaus' 14,145-square-foot, Georgian-style mansion on 40 acres in Lake Geneva, Wisconsin. When Driehaus bought it in 1989, it was a rare relic of a long-gone millionaires' row, where mansions lined up four to a block. We are in the City Rampant, someplace between Centuries 19 and 21. He met her there. A five-piece setting runs $143, but it's on sale for $99. A private mass was held for him after his funeral. This grants a prize annually to an individual who has made an extraordinary contribution or achieved great success in the field of classical architecture. Among his clients he lists US Airways, Sears Investment Managing Co., Illinois Tool Works, DePaul University, Outboard Marine Corp. and the Washington State Plumbing & Pipefitting Pension Trust. His two marriages ended in divorce. [13] He and Kristyna (Pellouchoud),[14] an architectural student, meet in Prague and married in 1995. All of these, and many, many other organizations, have been a beneficiary of the generosity of Richard H. Driehaus. In 2006, Driehaus Capital Managementpulled up stakesin the V.I. By David Roeder Mar 10, 2021, 4:05pm PST A legend as an investor and donor, Richard Driehaus dies at 78 Pocket "The competitive fire Richard possessed never waned, nor did his ability to think. Richard H. Driehaus earned an M.B.A. from DePaul University after earning his B.S.C. Subscribe to one or more of our free e-mail newsletters to get instant updates on local news, events, and opportunities in Chicago. From Old Town School of Folk Music to the Sherwood Conservatory of Music. Driehaus' sponsoring name now is on prizes and competitions to improve community design. Honorary Member, Royal Academy of Fine Arts of San Fernando, Madrid, 2015 (induction) His commitment to the built environment was grounded in the belief that design can make a community stronger and give it more pride. The windows were masterpieces, the work of Chicago's Thomas O'Shaughnessy. ", Select pages archived through Google Books, "The Greater Gloy Campaign: Richard Driehaus 60 meets the campaign head on", "Richard H. Driehaus, Champion of Classic Architecture, Dies at 78", "Inese and Richard Driehaus - Friends of the University of Latvia", "Richard Driehaus plans a summer wedding on top of regular bash", "Gold Coast mansion associated with Driehaus is sold at a huge loss", "Driehaus, 78, renowned financier, philanthropist", "Richard H. Driehaus Obituary - Visitation & Funeral Information", "Classical act Greenberg becomes first American to claim Driehaus Prize. Distinguished Service Honoree, Lawyers for the Creative Arts, 2009 Trustee Award, Chicago Architecture Foundation, 2009 "You're overwhelmed at first--all that Tiffany glass," says Cheryl Cannistra, a Driehaus vice president who has worked for him for 11 years. We need it in every community, not just in Lincoln Park or Hyde Park. The sale closed January 6, and it was a cash deal. There was no better role model in investing than Richard Driehaus. PRESERVATION First he had the handsome place gutted. Menu. It does on Wall Street. Richard Driehaus, Stock-Market Daredevil, Preserved Traditional Architecture Chicago fund manager, who has died at age 78, arrived at one of his parties on an elephant's back The Richard H. Driehaus Museum 40 East Erie Street Chicago, Illinois 60611 312 482 8933 info@driehausmuseum.org Visit About Current and Upcoming Exhibitions Programs Learn Support The Driehaus Museum Store Blog Press Find us on Facebook Follow us on Twitter Follow us on Instagram Find us on TripAdvisor Sign up for our Newsletter Privacy Policy ", Willy-nilly, that belief has prodded him into the uneasy terrain of modern architecture, far from his comforting gas lamps and Victorian art glass and Gold Coast palaces. But in Chicago, you can because its big enough and its small enough and people actually get along enough a line that drew cheers. (Matt Sayles/AP). Can this be slam-bang Chi-town? From the outset, Mr. Driehaus was motivated to make a difference. [6], Driehaus was born in Chicago. In 2014, Mr. Driehaus gave a speech at DePaul University, his alma mater. The stocks tanked, teaching him about the market and the wisdom of financial columnists. Frank Schulterbrandt, EDC director at the time of the Treasury debacle, told the Source that despite his company being an EDC tax beneficiary, Driehaus, paid hissizable personal income taxesin the territory. 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. Eventually, he took up residency and advantage of the Economic Development Commissions tax benefit program, at a time when the EDC had begun to move from a product or manufacturing development driver to a more financial management and tourism-based program. In 2000, Barrons named him to its all-century team of 25 individuals it identified as most influential in the mutual fund industry. His Driehaus Museum, devoted to Gilded Age flourishes, is in another landmark at 40 E. Erie St. She was 99. His philanthropy extended to numerous organizations representing many civic interests. Price Points: According to the county recorder, the Driehaus trusts bought the property in November 2001, for $1.9 million, which was the full listing price. Preservation Society of Newport County University of Notre Dame School of Architecture, RELIGIOUS This complex man coats his shop in velvet and marble, but he knows his city, and his demanding eye is on parks and housing and schools and streets. In the loving memory of Richard Driehaus, we are saddened to inform you that Richard Driehaus, a beloved and loyal friend, has passed away. Admission to the Freedom of the City of London, 2012 The urns and statues and fountain: spinoffs from the imperial fantasies of the late Louis the Who? It is presented annually through the University of Notre Dame School of Architecture to honor a major contributor in the field of traditional and New Classical architecture. As Driehaus was leaving, he said to Tolliver, "How's it going?". Richard Driehaus knew what he liked in stocks, classical architecture, the performing arts, parties and old cars. News stories around Chicago in the wake of his passing were full of examples of Driehauss largess. He deplores any forced displacement of low-income renters, and hopes for a better day. Little Sisters of the Poor ", "Greece and Rome didn't just build for 40 years," he says. Architects Research Foundation After graduation from Miami University, Driehaus went on to own Philipps Swim Club and the Front Porch Coffeehouse in West Price Hill. Acanthus Award of Appreciation, ICAA Midwest Chapter, 2015 George Lane. Experts say Brandon Johnson must reunite progressives and make better inroads with Black voters to beat him. He also received an honorary doctorate degree from DePaul in 2002. Richard H. Driehaus (1942-2021) It is with deep sadness that we share the unexpected passing of Richard H. Driehaus of natural causes on March 9, 2021 at the age of 78. Click here to get the full experience on your screen. He earned his B.S.C. Andy Shaw, the BGAs former president, said a series of meetings and a lovely dinner over a couple bottles of wine in 2010 resulted in a $1 million donation, the organizations largest ever. A plaque says the mansion is a city landmark, the Ransom R. Cable house from 1886. Inducted into The Worshipful Company of Glaziers & Painters of Glass, London, 2012 Partners for Sacred Places He was 78. Early on, he made it with U.S. Surgical, Home Shopping Network, Blockbuster Entertainment, Teledyne, Pizza Hut. Community Foundation of the Virgin Islands If you appreciate our reporting and want to help make our future more secure, please consider donating. Carteza, Richard Driehaus's replica "pirate shop." (Photo courtesy of Steve Simonsen Photography) Anchored below was a replica of a pirate ship that he enjoyed personally, but quietly donated in 2015 to fulfill the wish of a 7-year-old boy with a life-threatening disease whose dream to be a pirate was fulfilled by the local Make-a-Wish foundation. [28][29], The Richard H. Driehaus Prize for Classical Architecture (short: Driehaus Architecture Prize) was established in 2003 and doubled to $200,000 in 2008. Mr. Driehaus first exposure to DePaul University was as an undergraduate business student. State-of-the-art glass, you could call it. 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. It saved the school.". 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. International Network for Traditional Building, Architecture & Urbanism They stare, they wonder. And that's just a start, apparently. 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. Congress For The New Urbanism [9][30], In his 2012 interview with architect and urbanist Michael Lykoudis, Driehaus gives his inspiration for establishing the prize: "I believe architecture should be of human scale, representational form, and individual expression that reflects a community's architectural heritage. Mar 21, 2021. He is survived by three daughters, Tereza, Caroline and Katherine. Our independent journalism costs time, money and hard work to keep you informed, but we do it because we believe that it matters. This underscored his appreciation of architecture that denotes place by reaching back to historic precedents. He also supported St. Ignatius College Prep and St. Margaret of Scotland parish. The Richard H. Driehaus Museum is housed in the residence of banker Samuel Mayo Nickerson (1830-1914) and society leader Matilda Pinkham Nickerson (1837-1912). The shooting occurred about 4:30 p.m. Wednesday in the 5200 block of South Spaulding Avenue, according to police. 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. St. Pat's and its stained-glass windows celebrated Irish immigrants. Preservation Chicago Shield of St. Xavier Award, Saint Xavier University, 2006 Click below to see everything we have to offer. 700 South DesPlaines Street, Chicago, IL 60607 (312) 697 1103. [33], The first recipient of the Driehaus Prize was Lon Krier, who helped lay the theoretical framework for New Urbanism and designed the Prince of Wales' model town of Poundbury in England. Old St. Patricks Church But his neighborhood is ancient Greece and Rome and Empire Paris as well as down-home Chicago. "A lot of stuff today is just gratuitous. At the $1.5 million sale price, the trusts took a 21 percent loss on the home, not counting any investment that had been made over the years in renovations. To a considerable extent he still is in a shell, and what a shell. Chicago, IL 60601 It needed help. [9][47] He also underwrote the Red Hot Chicago Fashion Gala for young professional designers.[9]. 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