Jay Schottenstein
Encyclopedia
Biography
Jay is the son of Jerome Schottenstein and Geraldine Hoffman. Jerome established Schottenstein Stores Corp. and was active especially in supporting Jewish charities. He served as board member of Yeshiva University. In 1976 Jay entered his father's business and later married Jeanne, by whom he has 3 sons Joseph, Johnathon and Jeffrey. He also has three grandchildren, Jacob, Jonah, and Emma. Since 1980 he has served as chairman of American Eagle OutfittersAmerican Eagle Outfitters
American Eagle Outfitters is an American clothing and accessories retailer based in Pittsburgh, Pennsylvania. It was founded in 1977 by Mark and Jerry Silverman as a subsidiary of Retail Ventures, Inc., a company which also owned and operated Silverman's Menswear...
, Incorporated. In 1993 he replaced his father as head of Schottenstein Stores Corp (SSC), as well as his charity activities. From 2005, he has served as chairman of DSW
DSW, Inc.
-History:DSW opened its first store in July 1991 in Dublin, Ohio. In 1998, Value City Department Stores, Inc. purchased DSW. In December 2004, Retail Ventures, Inc. consolidated several brands. Until July 5, 2005, DSW operated as a wholly owned subsidiary of Retail Ventures, Inc...
. He is one of the main contributors along with his family to Schottenstein Edition of the Babylonian Talmud
Schottenstein Edition of the Babylonian Talmud
Schottenstein Edition of the Babylonian Talmud is a 20th century, 73 volume edition of the Babylonian Talmud or Talmud Bavli.The text is published by Artscroll, a division of Mesorah Publications, with the financial assistance of Jerome Schottenstein, an orthodox Jew and founder of an Ohio...
. He is brother-in-law of Jon P. Diamond
Jon P. Diamond
Jon P. Diamond is an entrepreneur from Columbus, Ohio.- Biography :Jon P. Diamond was born in Cleveland, Ohio and is the son of Herbert S. and Zelda Diamond....
and is the first cousin once removed to Astor & Black founder David Schottenstein.
The Schottenstein family's wealth was once estimated at $2 billion, coming mainly from Retail Ventures and American Eagle Outfitters, in which it currently owns a 26.5 % stake. Schottenstein personally owns about 3% of American Eagle Outfitters, but Retail Ventures holds a stake as well.