The problem is theres no poetry in modern architecture, Driehaus said on the topic at the time, according to Chicago magazine. The Driehaus Prize started out as a little adventure when an old friend suggested I visit the University of Notre Dame, the Chicago philanthropist recalled, I was astounded to learn that yours was the only college teaching classical architecture in the country. The work of traditional architects and urbanists ought to be rewarded, uplifted, and celebrated, Driehaus thought, as only then could the winds in the architectural profession begin to shift. The Trust for Public Land, CLASSICAL ARCHITECTURE Richard Driehaus knew what he liked in stocks, classical architecture, the performing arts, parties and old cars. The Art Institute of Chicago However, not all historic preservation was worthy of his name. Distinguished Philanthropist Award, Association of Fundraising Professionals, 2009 We are very focused on issues like sustainability and the environment. The interior, meanwhile, was banged and chipped after decades of use as a commercial facility. Friends of the Parks Eventually, however, he realized that the residence would make an admirable repository for his collectionor, at least, part of his collectionof 19th-century art and decorative objects. Outside of work, he raised three daughters and was involved in philanthropic activities focused on architectural preservation and education. In 1965, the college relocated but continued to own the property. In the late 1990s, he sponsored an international competition for IIT that resulted in the new Rem Koolhaasdesigned student center. Richard H. Driehaus made his first philanthropic gesture in 1983, when he established the Richard H. Driehaus Foundation. Partners for Sacred Places Local Initiatives Support Corporation Jerry Gleason Achievement Award, Ed Kelly Sports Program, 2015 Soane Foundation Honor, The Sir John Soanes Museum Foundation, 2007 Illinois Institute of Technology As I consider what lies ahead, he told the thousand or so guests, my larger interest is that the Driehaus legacy will be focused on historic preservation efforts, encouraging design competitions of architecture and landscape and supporting fashion and interior design.. By all accounts, he is a doting parent. With a passion for tradition, the investment guru Richard Driehaus has become one of the citys most dedicated advocates for historic preservation. Mr. Driehaus strongly believed in giving individuals the chance to create their own success. Horatio Alger Award, Horatio Alger Association, 2013 For all his success in Wall Street, Mr. Driehaus cherished the outlook and friendships Chicago bestowed. Its about the environment, the space.. Whether you knew him personally, or only knew of him through this Museum or his other philanthropic activities in Chicago, it should be clear that supporting the arts and culture in this city was as essential to Mr. Driehaus life as his business activities. But Driehaus, the founder of Driehaus Capital Management, one of the citys largest investment firms, is no ordinary preservationist. ), Theres a philosophical difference between us and the Pritzker Prize, says Michael Lykoudis, the dean of Notre Dames School of Architecture. (Left) Woman with Rose Garlands, a late-19th-century sculpture in the dining room of the Nickerson mansion; (center) an early-20th-century Tiffany turtleback chandelier in Driehauss headquarters; (right) an early-20th-century silver punch bowl by Tiffany in the dining room. He was involved in a plan for economic revitalization of Charlotte Amalie, the historic downtown and waterfront of St. Thomas. Sir John Soanes Museum Foundation, SCHOOLS In a life devoted to preservation, his business initiativesin Chicago and around the world, like the museum he founded, occupy space in historic buildings that he acquired and carefully restored. The Richard H. Driehaus Charitable Lead Trust, in collaboration with INTBAU, established a competition to recover the forgotten architectural heritage of Spanish towns. The museum, housed in an opulent neoclassical mansion on Chicago's Near North Side, is devoted to art . Corporate Honoree, Youth Advocacy Awards, UCAN, 2010 Support of the St. Croix Landmark Society has assisted with a summer camp for economically disadvantaged children on Whim, the historic sugar plantation it operates. The Pritzkers, however, are very much on Driehauss radar screen. Upstairs are bedrooms and a third-floor ballroom that will be used for special exhibitions. A: Richard Driehaus is a self-made billionaire who began his career as a stockbroker in 1969. SpaceX's giant new rocket exploded minutes after blasting off on its first test flight and crashed into the Gulf of Mexico. ., The second is P. T. Barnum, a considerably less exalted figure but one whose wisdom may prove handy in the coming months. Friends of Lincoln Park In addition to his daughters, Tereza, Caroline and Kate, survivors include two sisters, said Stasi Radaios, administrative assistant at the private equity firm. The Richard H. Driehaus Foundation is pleased to announce Anne Lazar as its new executive director. International Network for Traditional Building, Architecture & Urbanism Like investing, it requires strategic thinking, judgment for innovation and tolerance of risk. . . Mr. Driehaus' success began in 1968, when he started his employment at A.G. Becker, where he worked in the Institutional Trading Department. By David Roeder Mar 10, 2021, 4:05pm PDT A legend as an investor and donor, Richard Driehaus dies at 78 Pocket This was when the rich really knew how to live. Admission to the Freedom of the City of London, 2012 I think what hes doing is just short of Gods work, says Lee Bey, the former architecture critic for the Chicago Sun-Times and currently the executive director of the Chicago Central Area Committee, a civic group committed to improving the city. A hard worker since his youth as a newspaper carrier, he attained a life of privilege without forgetting how to have a good time or help others. The offices of his financial firm as well as his myriad other activities sit diagonally across the street from the Nickerson in a compound that consists of two historic housesthe 1886 Ransom Cable mansion and a century-old brick townhouse that was formerly occupied by the architecture firm of Graham, Anderson, Probst & White. In Memoriam: Richard H. Driehaus, available to view below: Images from top: Richard H. Driehaus, 2012. Archdiocese of Chicago In the territory, one organization the Community Foundation of the Virgin Islands was quick to note his varied and generous gifts. The Cubs depth in the upper levels of their farm system is strong on the hitting side but taking blows on the pitching side. s coverage of cities, urbanism, and place. He had a whimsical side. Buildings were looking like bland shoeboxes. 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. By most accounts, Driehaus was a shy child. PRESERVATION The site was several blocks west of what is now Michigan Avenue in a section of the city then known as McCormickville, so named because a number of the members of the McCormick family also lived in the area. He funded scholarships for international MBA students and a virtual stock portfolio contest for DePaul finance students. His loving restoration of the 1883 Nickerson Mansion not only brought it back to its Gilded Age splendor, but the conversion of it for use as a museum preserves the legacy of this house as an immersive space for learning through significant art collections. Honorary Doctorate, DePaul University, 2002, CORPORATE CITIZENSHIP The family, while not poor, never had much disposable income. To learn more about Richard H. Driehaus, viewThe Man and His Museum: Making a Masterpiece below: On March 26, 2021, the University of Notre Dame School of Architecture presented The firm manages assets of about $4 billion. Money magazine has described Richard H. Driehaus as a "master of momentum investing.". Hes not a time waster. Inspired Partnerships He is a man who can afford to indulge his passionsfor art, for parties, but mainly for restoring historic architectureon a boundless scale, as anyone who has visited his many residences and offices around the world can attest. Six people are reported dead and more than 30 people hospitalized. 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 By James R. Hagerty Mr. Driehaus support of the performing and visual arts was based on his belief that they provide much-needed balance to peoples busy lives. (One need only to recall most recently the reaction from the architectural establishment and journalist class to Trumps now-repealed executive order establishing classical architecture as the default for federal buildings: denunciations, cries of authoritarianism, and invocations of dictator chic.). Architects Research Foundation The Richard H. Driehaus Museum 40 East Erie Street Chicago, Illinois 60611 312 482 8933 [email protected] 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 I hear it all the time from people involved in planning parties or charitable events, says the author and socialite Sugar Rautbord. He resolved to get smart on his own and find a career that would let him own the home he wanted. The problem is theres no poetry in modern architecture, says Driehaus. B. and James Pritzker attended Driehauss birthday party last summer, highlighting what many people say has been a rapid sprint to the top of Chicagos social world. Richard H. Driehaus earned an M.B.A. from DePaul University after earning his B.S.C. Driehaus Capital Management. It has ranged from development of a financial literacy program to help low-income families learn how to create and preserve wealth, to an initiative sponsored by South Shore Bank to develop Individual Development Accounts which dollar-match low-income families saving plans. Over the years, he came to understand that maximizing the impact of donated dollars can be more challenging and more fulfilling than earning those dollars. In 2006, Driehaus Capital Managementpulled up stakesin the V.I. In 1883, he commissioned the architectural firm of Burling & Whitehouse to design a house commensurate with his position and also to display his extensive art collection. Throughout his life in the spotlight, Driehaus often pointed to his Roman Catholic roots as a guide to his philanthropic endeavors (and we may speculate, to some degree, his aesthetic sensibilities). The baronial Lake Geneva estate of the late financial executive and philanthropist, Richard Driehaus, has sold for $36 million, by far a record price for the Wisconsin getaway hub. In 2004 he made a most unusual gift to St. Xavier University on Chicagos southwest side donating Gilhooleys Grande Saloon to the school, along with the entire shopping center in which it is located. Emerging Markets Small Cap Equity Strategy. Archi Treasures Chicago magazine newsletters have you covered. Preservation Chicago The Irish-American philanthropist and collector Richard Driehaus, who has died in his hometown of Chicago, was an apostle of classic architecture. He was born Richard Stephen Dreyfus in Brooklyn, New York, to Geraldine (Robbins), an activist, and Norman Dreyfus, a restaurateur and attorney. He never got old in his strategy, Boufis said. Another highlight is the sculpture gallery, a two-story windowless space topped by a brilliantly colored art-glass dome. Both financiers J. Inducted into The Worshipful Company of Glaziers & Painters of Glass, London, 2012 Surprisingly, however, the criticsfor the most parthave given him a pass.
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