Charles Edwin Hurwitz was born in 1940, and raised in Kilgore, Texas.
12 Facts About Charles Hurwitz
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Charles Hurwitz's parents were Eva and Hyman Hurwitz, and his father was Jewish and owned a local clothing store, "Hurwitz Man's Shop" and he built the town's first shopping center.
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Charles Hurwitz has had a reputation as a "corporate raider" with excessive corporate takeovers and mergers, as well as a lot of litigation.
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Charles Hurwitz added Kaiser Aluminum to his holdings by 1988.
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Charles Hurwitz has real estate developments throughout the Southwestern United States, Arkansas' Ozark Mountains, retail in Western New York, golf resort in Florida, a resort and undeveloped land in Puerto Rico.
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Charles Hurwitz gained control of the United Savings Association of Texas, the largest savings and loan in the state, in 1982.
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In July 1995, Charles Hurwitz was sued by the FDIC in connection with the failure of the United Savings Association of Texas and the risky dealings.
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Charles Hurwitz alleged he was not in a position to have operating power at the United Savings Association of Texas, and he was not personally responsible for the 1988 collapse of the company which cost taxpayers $1.6 billion dollars.
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Charles Hurwitz alleged this FDIC suit was motivated by the government's desire to gain control of the Headwaters Forest Reserve.
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In January 2006, Hurwitz was investigated by John Doolittle, and Richard W Pombo, two members of the US House of Representatives' House Resources Committee, alongside the former member Tom DeLay.
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Charles Hurwitz's company Federated Development built the 238-room Ritz-Carlton Rancho Mirage on 105 acres in Rancho Mirage, California.
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Charles Hurwitz married Barbara Raye Gollub in 1963 in Tulsa, her hometown.