Speranza Scappuccistarted out as a vocal accompanist; she has become one of the few women conductors in the world. Forbes Lists #62. He and his second wife, Anne Smith Towbes, have been honored by numerous performing arts groups for their generosity. Copyright 2023 Santa Barbara Independent, Inc. Reproduction of material from any Independent.com pages without written permission is strictly prohibited. Mikes hard work has earned him numerous accolades including entry into the California Building Industry Hall of Fame, The Home Builders Association of the Central Coasts 2014 Builder of the Year, and numerous Santa Barbara and Goleta Beautiful awards. Mike was a loving and devoted husband to Gail, who passed away in 1996 following a more than 20-year battle with multiple sclerosis. Whether you were a bank customer, home buyer, renter, or a member of the arts, education, and medical community he supported through his philanthropy, Michael Towbes affected many lives in Santa Barbara. Philanthropy has truly opened up my heart and my life and I try to live in gratitude every day., The husband-wife team also created KEYTs Unity Telethon to raise funds and awareness for the Unity Shoppe and the Council on Alcohol & Drug Abuse (CADA) mentor program, which helps local students earn volunteer hours by mentoring a disadvantaged student at least an hour a week during the school year. He was 87. With a net worth of $5.4 billion, George Lucas is the richest director in the world! Mike was born in Washington DC on July 17, 1929 the oldest child of Thelma and Louis Towbes. Michael Towbes was a true pioneer, in business, philanthropy and life, said Barrett OGorman, Scholarship Foundation Board Chair. Mr. Michael Towbes, age 87, Chairman of the Board of The Towbes Group, Inc. and Montecito Bank & Trust, beloved philanthropist, and all-around mensch died at home in Santa Barbara on April 13, 2017. By Carrie Towbes. 12 reviews of Montecito Bank & Trust "I feel very secure using this bank. Mike made this deliberate decision because he is committed to community banking, his customers, his employees and all the nonprofits the bank serves.. Under the plan, longtime president and CEO Janet Garufis would become chairwoman, and executive vice president and chief operating officer George Leis would follow her as president. Beyond the NFL, the former tackle earned additional income like royalties from "The Blind Side," which totaled $10 million. One of the most important things is hiring the right people. May we all be as honorable, as humble and as kind. He was 87. After a period of time, we decided not to take any TARP money. He was my mentor and my friend who taught me wonderful lessons about being an engaged philanthropist, dedicated to improving the lives of all in our town. But the future wife of the late Santa Barbara philanthropist Michael Towbes and the surviving half of the citys most influential power couple whose impact on the Santa Barbaras culture of public work is difficult to overstate was also destined for a career in philanthropy. It may not seem that way, but Im trying! They were married on Valentines Day in 1954 and their oldest daughter, Lianne, who was born in 1956, is named for the prima ballerina who danced that night. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to email a link to a friend (Opens in new window). Subscribe to our free P.M. Report to receive the days headlines weekdays at 4:15 p.m. CA Dream Act App, Donate For three years in the Lobero Theater and went on to obtain his B.S.E he lived and.. Information was submitted by our reader Garret DC summer and winter, Gail Aronson, at a UCLA party! Santa Barbara, Californiais a gem-like cityglistening in the sunshine, nestled between the shimmering Pacific Ocean and the Santa Ynez mountains. Montecito Bank & Trust, Owner and Chairman, Michael Towbes; Philanthropist, Anne Towbes; and Montecito Bank & Trust, President & CEO, Janet Garufis. Gene Haas lion, is the equivalent of about 40 percent of the regions entire eco - nomic output of $50 billion. Towbes founded Montecito Bank & Trust and The Towbes Group after he came to California as a civil engineer for the Navy at Point Mugu. In 1962, Michael Towbes, then age 32, was one of a dozen local community leaders who founded the Scholarship Foundation of Santa Barbara. But I dont give up. Probably what I learned from him was listening to your inner self. Use this website camped at Burning Man Philadelphia in 1965, worth is German! Connect with Noozhawk on Facebook. The former NFL offensive tackle is also a big fan of cars and owns many expensive ones, including a BMW 7-Series. Find Michael Towbes's phone number, address, and email on Spokeo, the leading online directory for contact information. Despite the allegations made against him, he maintained a consistent career releasing hits going back to his time in The Jackson 5. Michael Oher played eight seasons in the NFL, starting his career with the Baltimore Ravens in 2009 as the 23rd overall draft pick. Mike was assigned to the Naval Air Missile Test Center in Point Mugu, CA. After suffering though a DC summer and winter, Gail convinced Mike to make their home in California. No Comments. He was one of the driving forces behind the renovation of Santa Barbaras Granada Theatre and served on many boards, including the Cottage Hospital Foundation, University of California, Santa Barbara Trustees and the Foundation for Santa Barbara City College. Well, Ill be very happy if the next generation knows that Ive spent a lot of time working on mybusinesses. However, his lifestyle makes it apparent that he is very rich. Billie Maunz, who retired in 2006 after 16 years as executive director of the Scholarship Foundation of Santa Barbara, thanked Towbes for his foresight in helping to establish what has become the largest community-based scholarship foundation in the nation a result, she said, he was rightly proud of. He has been recognized as Santa Barbaras Man of the Year in 1995, recipient of the initial New-Press Lifetime Achievement Award, and the UCSB Chancellors Medal. Wealth-X prepared the Pillars of UHNW Prospecting to help you build more successful relationships. Or should I ask Anne whats next for you? After suffering though a DC summer and winter, Gail convinced Mike to make their home in California. Montecito Bank & Trust is the largest independently owned bank in the region with assets of $1.3 billion. There was an error and we couldn't process your subscription. Net Worth: $1 Million. Philanthropy has truly opened up my heart and my life and I try to live in gratitude every day.. Ive always been very thankful for the success Ive had. He was an avid tennis player, often playing at least twice a week until late last year. It is important to attract top-notch graduate students. Of course you did! As a community leader, Mike served and chaired innumerable local nonprofit boards. This year, we also added a seminar on cyber-security, which is important for everyone serving the nonprofit world. In his role as the banks Chairman and owner, he was proud of the work of the more than 210 bank associates. Ive always felt the obligation to return that good fortune. Submitted by our reader Garret in his Santa Barbara community 1929 the oldest of! He was much more intuitive. HOVER TO REVEAL NET WORTH BY YEAR. I have a project inGoleta[California] that Im hoping to build. Whoops! [Laughs.] Thats what were trying to do. I also became president of the Cate Parents League., Besides being an active participant in Santa Barbaras cultural and educational community, Towbes also helped her husband leverage his role as a broadcaster to give valuable publicity to nonprofit organizations. Every year the university gives me resumes ofabout four potential honorees. Michael Towbes, the tri-county regions most prominent philanthropist, banker and real estate developer, whose influence spanned nearly six decades, died April 13. Program Support He spent the first five seasons with the Ravens, winning a Super Bowl in the 2012-13 season. Recent, undisclosed health challenges appeared to be a factor in Towbes decision earlier this month to step down as chairman of Montecito Bank & Trust, which he had co-founded in 1975. There are probably two jobs in Santa Barbara for every person who lives here. Whoops! Further details were not immediately available, but Noozhawk confirmed his death with senior employees at Montecito Bank & Trust and The Towbes Group. South Coast Biz Tech Awards Under Mikes leadership, the award-winning Towbes Group committed to provide exceptional service at all stages from project development to ongoing management. FREE Background Report. Hector Pagan is a former associate of the Bonnano Crime Family who would become an informant. For the past 12 years, Towbes served on the board of the Housing Trust Fund, a nonprofit financing initiative for local workforce housing. And counting! A licensed civil engineer and general contractor, he had over 60 years of experience in real estate development and construction, with more than 55 years in Santa Barbara County. Towbess partnership with Luria ended in the early 1960s, and after several years as a sole proprietor, Towbes formed his construction company in 1970. Michael Towbes:Anne, do you want to help me? In lieu of flowers, the family appreciates donations to The Granada Theater, c/o Hayley Jessup 1330 State Street, Suite 101, Santa Barbara, CA 93101, or to your favorite nonprofit organization. Trying to get people living closer to where they work is a really important thing. of commercial properties, a bank with assets over $1.3 billion. Michael Towbes is a native of Washington D.C. and holds a BS degree in civil engineering from Princeton University, graduating summa cum laude and a graduate degree from MIT. 2006 Honoree* MICHAEL TOWBES The Towbes Group Michael Towbes is a native of Washington D.C. and holds a BS degree in civil engineering from Princeton University, graduating summa cum laude and a graduate degree from MIT. Through his own Towbes Foundation, he provided additional crucial support to arts, education and medical research organizations. The Towbes Foundation focuses on a broad range of organizations from social services to education to the arts. We helped the station create programs such as Santa Barbara Treasures, which showcased several nonprofits weekly for several years. He gave businessman a good name, she told Noozhawk. Giving back to the community and being involved. Sign Up for the A.M. Report Mike had a passion for giving back that began early in his career. Well, I have a couple of scholarship programs. #1729 Michael Jordan on the 2022 Billionaires - Regarded by most as the NBA's greatest all-time player, Michael Jordan won six titles with the Chicago . Give me a specific example or something he said that still stays with you today. After Smith passed away in 2003, Towbes met and later married her second husband, Michael Towbes. However, his lifestyle makes it apparent that he is very rich. What has been a surprising thing you have learnedwhile building your businesses? Davondre Robinson Twitter, You might also like our free A.M. Report. In a statement from the Santa Barbara Center for the Performing Arts, the Board of Directors hailed Towbes for his vision in bringing The Granadas restoration project to completion. Articles by Henry Dubroff Related articles material used without proper permission, please click here home in.! Hector "Junior" Pagan. Im hoping that some of them are more willing to be open about what they do, because it sets an example for others. FAFSA Mike pursued graduate studies in Structural Engineering at MIT, but in 1952, with the Korean War underway, he joined the Naval Civil Engineering Corps as an Ensign. The Towbes Group. And counting! The Giving List 2023. Joshua Molina If you do it publicly, then thats also a stamp of approval. Targeting cookies allow us to share content and information with you that is most relevant to your interests based on how you have used our website previously. The family recalled that Towbes would say that as a real estate developer, he was not a banker, but, Im a very experienced borrower.. For years he has been admired as a savvy entrepreneur, a generous humanitarian, and a true gentleman. How to Apply They are important to help the faculty with all the projects they do. Number 7: Kenneth Tuchman. He has served as President of his local Building Industry Association Chapter and as a Director of the California Building Industry Association. Mike celebrated his 60th year in the construction and development business in 2016 by completing one of his largest and most complicated projects of his career, the Kavli Institute of Theoretical Physics residence hall at UCSB. He makes the most of every moment in every day. Towbes created an amazing space for the bank and the community, and we want to in turn provide space for clients and community members to share their thoughts if they would like, said Megan Orloff, the banks senior vice president and marketing director. The project was funded by noted philanthropist Charlie Munger, and built and perfected by Mike. 2000 he founded Mission wealth, a nationally recognized wealth management firm serving hundreds High! They settled in West Los Angeles in 1955. Michael Towbes is survived by his wife, Anne Smith Towbes; his daughters, Lianne and Carrie Towbes, and son-in-law John Lewis; Annes children, Jennifer Hale and Michael Smith; and many grandchildren, nieces, and nephews. If you believe an Independent.com user or any material appearing on Independent.com is copyrighted material used without proper permission, please click here. After Smith passed away in 2003, Towbes met and later married her second husband, Michael Towbes. Net Worth. He has two daughters, Lianne and Carrie. He was 87. One of Michael TowbessMusic Academy of the West Scholarship recipients. Probably the person who had the greatest impact wasEli Luria. Staff Michael Towbes was a man of action, she said. I also created the Gratitude Luncheon, which continues to support the mentor program, adds Towbes. We also created a feature called Kids You Should Know, highlighting local kids doing extraordinary things to help our community., I am privileged to be able to give small amounts of support or fairy dust to as many nonprofits as I can, as I feel it encourages others to give as well. Noozhawk publisher Bill Macfadyen can be reached at wmacfadyen@noozhawk.com. Were trying to increase the supply of workforce housing, so more people can live closer to work. They were married at Lotusland on September 4, 2005. , do you want to help you build more successful relationships Missile Test in..., in business, philanthropy and life, said Barrett OGorman, Foundation! 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