14 Facts About Gary Winnick

Gary Winnick was an American billionaire businessman, industrialist, and investment banker.

Gary Winnick is the son of Blanche and Arnold Winnick.

Gary Winnick's first business was a snow-removal operation when he was 12 years of age, employing other children in his neighbourhood to clear local roads and driveways.

Gary Winnick attended public schools in Long Island and graduated from Roslyn High School in Roslyn, New York in 1965.

Gary Winnick attended CW Post College, and graduated in 1969.

Gary Winnick is credited with proposing the design of the California unit's X-shaped trading desk in Beverly Hills.

In 1996, Gary Winnick formed a partnership with the AFL-CIO that was responsible for recovering the Playa Vista development in Los Angeles, a large planned community on the Westside of Los Angeles.

In 1998, Gary Winnick founded Global Crossing, an early global fiber optic network company which by 1999 was valued at $20 billion dollars.

Gary Winnick owned and managed a network of fiberoptics in more than 50 countries and connections to more than 70 countries in North America, Europe, Latin America and Asia.

Gary Winnick filed for bankruptcy in 2002 amid allegations of accounting fraud and other financial irregularities.

Gary Winnick was not charged in relation to the bankruptcy, and he settled a lawsuit related to the case for $55 million without admitting guilt.

Gary Winnick allegedly sold large amounts of his Global Crossing stock while having non-public information about the company's financial troubles and impending bankruptcy.

Gary Winnick died at his home in Bel Air, Los Angeles, on November 4,2023, at the age of 76.

In May 2000, Gary Winnick received the Simon Wiesenthal Center's Humanitarian Laureate Award.