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Eli Jacobs
Eli Solomon Jacobs (born October 5, 1937) is an American financier and attorney, member of the National Commission for the Review of the National Reconnaissance Office and the former owner of the Baltimore Orioles from 1989 to 1993.
==Rise to success==
Jacobs was born in Cambridge, Massachusetts on October 5, 1937, and raised in nearby Newton. After graduating from Phillips Academy in Andover, he attended Yale University, where he served as managing editor of the school's ''Daily News''. Once he completed his undergraduate studies in 1959, he served a two-year stint in the United States Army stationed at Fort Holabird in Baltimore, Maryland. Following the military, he returned to Yale, earning a law degree in 1964. His career began immediately at the Wall Street investment banking establishment White Weld & Co., where he became one of its youngest partners by 1968. After his departure from the firm in 1970, he spent more than a decade as a stock market investor and venture capitalist. He served on the U.S. Commission of Fine Arts from 1976 to 1980.〔Thomas E. Luebke, ed., ''Civic Art: A Centennial History of the U.S. Commission of Fine Arts'' (Washington, D.C.: U.S. Commission of Fine Arts, 2013): Appendix B, p. 547.〕
After establishing his own firm, Manhattan-based E.S. Jacobs & Co., in 1986, he built a investment portfolio which included controlling interest in Memorex and Triangle Pacific Corp., a maker of cabinets and wood flooring. In December, 1987, he completed a $900 million acquisition of Telex Corp., which would be merged with Memorex to form, at the time, the world's second largest manufacturer of computer peripherals. He also served on the board of directors of Times Mirror Co.
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