Warren G. Lichtenstein is an American businessman and philanthropist. Lichtenstein is founder and executive chairman of Steel Partners Holdings L.P., a global diversified holding company. He founded the company in 1990 at the age of 24 after beginning his career as an analyst at Para Partners, L.P. and then serving as an acquisition analyst at Ballantrae Partners, L.P. For the past25 years, Steel Partners has grown from a private investment fund with two employees and assets of $600,000 into Steel Partners Holdings L.P., a company through its consolidated holdings employs 13,500 people in 155 plants and facilities in 20 countries with a combined revenue of more than $3.6 billion. He is chairman of Steel Partners LLC based in New York City. Lichtenstein is also chairman of Aerojet Rocketdyne Holdings, Inc., an American rocket and missile propulsion manufacturer.
Lichtenstein serves as chairman of Steel Sports, Inc., an organization he founded in 2011 focused on transforming and improving the youth sports experience in America. Lichtenstein also provided the initial Seed Funding for both the Positive Coaching Alliance Los Angeles Chapter and the PCA-New York City Chapter. Following market disruptions due to Coronavirus in early 2020, Lichtenstein came under fire for cutting worker wages 35% in manufacturing facilities owned and operated by Steel Partners Holdings L.P. even after workers were told that wages would not be cut by more than 10%.
Philanthropy
Lichtenstein founded a charitable organization called Steel Partners Foundation that was a significant donor to the building of the Chabad Jewish Community Center Aspen Valley Aspen, Colorado. Steel Partners Foundation provided funding to the Aspen Art Museum, for its new building that opened in 2014. The building was designed by the Japanese architect Shigeru Ban, winner of the 2014 Pritzker Prize. Steel Partners Foundation also participated in the campaign to rebuild Tulane University after it was hit by Hurricane Katrina and 70% of the main campus was flooded and donated challenge funding to the University of Pennsylvania School of Arts and Sciences to help establish 19 new student scholarships.
Personal life
Lichtenstein has two children. A son by his first marriage and a daughter with Annabelle Bond. He was ordered to pay back child support in the largest child support case in Hong Kong history. Lichtenstein applied to the courts for more time with his daughter and in 2016 hosted a Think Tank on Parental Alienation with actor Jason Patric and professor and psychiatrist William Bernet, an editor of “Parental Alienation”.
