Early Life, Education and Career
Kohl was born and raised in Milwaukee, Wisconsin, the son of Mary (née Hiken) and Max Kohl. His father was a Polish Jewish immigrant and his mother was a Russian Jewish immigrant. He attended Washington High School. He earned a Bachelor of Arts degree from the University of Wisconsin in 1956 and a Master of Business Administration degree from Harvard Business School in 1958. While an undergraduate, he joined the Pi Lambda Phi fraternity. He was also a roommate of Major League Baseball Commissioner Bud Selig. Between 1958 and 1964, Kohl was a member of the United States Army Reserve.
After finishing graduate school, Kohl worked as an investor in real estate and the stock market, eventually spinning off his own company, Kohl Investments, to manage these assets. He and his brother became heir to a family-owned chain that included 50 grocery stores and several department stores, pharmacies, and liquor stores. In 1970, Kohl was named President of Kohl's and he helped to oversee the merger of his corporation with BATUS Inc. in 1972. Kohl stayed on as an executive until 1979. Before his election to the Senate, Kohl helped build his family-owned business, Kohl's grocery and department stores. He served as president from 1970 until the sale of the corporation in 1979.
In 1985, Kohl purchased the Milwaukee Bucks from Jim Fitzgerald to ensure the team remained in Milwaukee. In 2003, he considered an offer to sell the team to former NBA superstar Michael Jordan, but decided to retain ownership. He was elected to the Wisconsin Athletic Hall of Fame in 2007.
Read more about this topic: Herbert Kohl (senator)
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