Max Palevsky American art collector, investor, venture capitalist, philanthropist Date of Birth: 24.07.1924 Country: USA

1. Max Palevsky: A Pioneer in Art, Technology, and Philanthropy
2. Early Life and Education
3. Career in Computer Technology
4. Venture Capital and Investment
5. Support for the Arts
6. Philanthropy and Legacy
7. Politics and Personal Life

Max Palevsky: A Pioneer in Art, Technology, and Philanthropy

Max Palevsky, born on July 24, 1924, was an American art collector, investor, venture capitalist, and philanthropist who left an enduring mark in the worlds of computer technology and the arts.

Early Life and Education

The son of Eastern European Jewish immigrants, Palevsky was raised in a family that emphasized the importance of education. He attended the University of Chicago and studied electron tubes at Yale before enlisting in the U.S. Air Force during World War II, where he served as a meteorologist in New Guinea.

After the war, Palevsky completed his undergraduate degree in mathematics and a Ph.D. in philosophy at the University of Chicago, and continued his graduate studies at the University of California, Berkeley.

Career in Computer Technology

In the early 1950s, Palevsky developed a passion for computer science after attending a lecture by John von Neumann at the California Institute of Technology. He joined Northrop Aircraft to work on the MADDIDA computer, and later joined Bendix, where he contributed to the development of the Bendix G-15.

In 1961, Palevsky co-founded Scientific Data Systems (SDS), which became a leading computer manufacturer. In 1969, Xerox acquired SDS for $1 billion, making Palevsky a wealthy man.

Venture Capital and Investment

Palevsky became a prominent investor, providing early financial support to companies such as Intel, which he helped found with Arthur Rock. He served as a director of Intel from 1968 to 1998 and played a crucial role in its growth into a global leader in semiconductor technology.

Support for the Arts

Palevsky was a passionate supporter of the arts. He invested in and directed the magazine Rolling Stone, and financed the production of films such as "Fun with Dick and Jane" and "Islands in the Stream."

He was a generous patron of art institutions, donating $1 million to the Los Angeles County Museum of Art and establishing endowed chairs and funds at the University of Chicago.

Philanthropy and Legacy

Palevsky's philanthropy extended to education, where he established the Max Palevsky Cinema and the Documentary Film House at the University of Chicago. He also donated $20 million to improve student housing at his alma mater.

In recognition of his contributions, the University of Chicago named the cinema and documentary film house after him.

Politics and Personal Life

Palevsky was a supporter of the Democratic Party, and his politics were shaped by the experiences of his childhood and World War II. He was married five times and had six children.

Max Palevsky passed away on May 5, 2010, leaving behind a legacy of artistic patronage, technological advancement, and philanthropic generosity.