Driehaus was founder and chairman of Chicago’s Driehaus Capital Administration and a champion of classical structure and historic preservation.
Driehaus established his namesake basis in 1983 and centered on historic preservation and monetary literacy applications. Two initiatives mixed his company and private pursuits: the 1883 Samuel Mayo Nickerson Mansion, now the Richard H. Driehaus Museum at Erie Road and Wabash Avenue, and throughout the road, the 1886 Richardsonian Romanesque Ransom Cable Mansion, which serves as headquarters for Driehaus Capital Administration.
At a 3rd preservation venture, a 1906 Georgian-style property in Lake Geneva, Driehaus each July would mount a memorable birthday celebration. In 2007, wearing a ringmaster’s costume, he rode an elephant, in line with Chicago journal.
Schooling was one other philanthropic curiosity. In 2012, he gave $30 million to DePaul University’s School of Commerce, which was renamed the Richard H. Driehaus School of Enterprise. He has undergraduate and MBA levels from the Lincoln Park faculty.
Driehaus’ profession started in 1968, in A.G. Becker’s institutional buying and selling division. From 1973 to 1979, he labored at numerous brokerage corporations together with two the place he was director of analysis: Mullaney Wells and Jesup & Lamont. He based Driehaus Capital in 1982. In keeping with its web site, in 2000 he was named to Barron’s “all-century” crew of the 25 most influential gamers within the mutual fund business.
He mentioned he turned fascinated about investing at age 12 when he began accumulating uncommon cash.
“At 13, I got here throughout the inventory market quotes within the Chicago Each day American and puzzled what they had been, so my mother contacted my Uncle Ade, who wrote me an extended letter about his funding experiences. I knew I’d make this my profession as a result of it provided limitless potential,” he told Crain’s in 2017.
Driehaus grew up in a bungalow within the Brainerd neighborhood on the South Aspect and delivered the Southtown Economist for six years, he mentioned.
“I believed cash wasn’t a problem as a result of my dad was a mechanical engineer. However after I was 13, I heard my mother and father saying they could not afford to construct the nicer Tudor dwelling they’d been contemplating. I did not need to ever be in that place.”
On the time of that 2017 interview, he mentioned he owned 5 properties, together with a restored Victorian in Nantucket.
Traditional automobiles had been additionally a ardour. His assortment grew to 67, and he constructed a museum to deal with it within the Marmon Constructing, a historic structure he purchased within the South Loop’s Motor Row District.
“It was my favourite film as a younger boy,” he instructed Crain’s. “I purchased one among 16 copy pairs of Dorothy’s ruby footwear, issued for the film’s 50th anniversary in 1989, and items of costumes from munchkins and guards.”