MarketGeorge L. Graziadio Jr.
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George L. Graziadio Jr.

George L. Graziadio Jr. (1919–2002) was an American commercial real estate developer, banker and philanthropist. With George Eltinge, he developed 100 shopping centers for Kmart in California and elsewhere in the 1950s. In 1963, they co-founded Imperial Bancorp, which was later acquired by Comerica and renamed Comerica Bank-California. The Graziadio School of Business and Management at Pepperdine University bears his name.

Early life
George L. Graziadio Jr. was born in 1919 in Vernon, Connecticut. His father was a realtor, insurance businessman and auctioneer. His paternal grandparents were Italian while his maternal grandparents were Irish. Graziadio graduated from high school in 1937. He dropped out of college in 1939. He took a road trip from Connecticut to Los Angeles, California with a friend in 1939, and decided to stay there. ==Business career==
Business career
Graziadio started a commercial real estate development company with George Eltinge in the 1950s. The two men cobbled US$1.25 million together from their social circles to start the bank after they failed to have access to loans from banks for their real estate development projects. It was later known as Imperial Bancorp. It had "$7.4 billion in assets and 15 branches," and mostly made loans to technology and entertainment companies in the Southland. For example, they made loans to Yahoo! and feature films. Graziadio served as its Chairman until it was acquired by Comerica, a bank based in Detroit, Michigan, for US$1.3 billion. ==Philanthropy==
Philanthropy
Graziadio donated US$15 million to Pepperdine University in 1996. Additionally, he donated US$650,000 to endow the George L. Graziadio Center for Italian Studies at California State University, Long Beach. ==Personal life==
Personal life
Graziadio married Reva Mikles, a native of Magazine, Arkansas. They resided in Rolling Hills, a gated community on the Palos Verdes Peninsula near Los Angeles, California. They had a son, G. Louis Graziadio III, and two daughters, Mary Lou Graziadio and Alida Calvillo. ==Death==
Death
Graziadio died of cancer on the Palos Verdes Peninsula in June 2002. His funeral was held at the Firestone Fieldhouse on the campus of Pepperdine University. ==References==
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