Larry Weinberg

Larry Weinberg (born January 23, 1926) is an American real estate developer who was one of the founders of the NBA's Portland Trail Blazers.

Biography

Born to a Jewish family in New York City, Weinberg served in the US 6th Army Group as an infantry grunt during World War II. He was severely wounded in combat in France and spent over a year recovering in a US military hospital. He attended Cornell University, the University of Arizona, and the University of California at Los Angeles. In 1948, Weinberg founded the Larwin Company serving as its CEO until he retired. By the late 1960s, Larwin Company became one of the largest privately owned housing companies in the United States until merging it into CNA Financial Corporation where it became one of the three largest housing producers with annual development of 8,000 residential units. He went on to serve as a Member of the Executive Committee and the Board of Directors of CNA from 1969 to 1980. In 1950, Weinberg founded Com-Air Products, Inc. which designed, manufactured, and assembled the hydraulics, pneumatics and fuel assemblies used in jet engines and aircraft.