The Schlesinger Organization In 1949, following the death of his father in South Africa, Schlesinger assumed leadership of the Schlesinger Organization. Initially perceived as an unlikely successor, he soon proved skeptics wrong. Over his first 14 years at the helm, he not only preserved the empire but also expanded and modernized it. Recognizing the need for focus, Schlesinger began by consolidating the organization's holdings. He sold the family's chain of bioscopes to 20th Century-Fox (now
20th Century Studios) for $28 million and divested the hotels, including the iconic original
Carlton Hotel in Johannesburg, which he demolished in 1963 to make way for a new office building.
Land development Schlesinger ventured into large-scale land development, committing $20 million to six high-rise projects across Johannesburg, Durban, Cape Town, and Port Elizabeth, with additional funding earmarked for future development.
Disinvestment from South Africa Schlesinger was ahead of his time as a prominent businessman publicly criticizing the South African Government's policy of
apartheid in the 1960s, advocating for a future multiracial South Africa. == Personal life ==