Michael Armand Hammer (September 8, 1955 – November 20, 2022) was an American businessman. He was the son of Julian Armand Hammer and the grandson of industrialist Armand Hammer.[1] Best known for his ties to Occidental Petroleum, the company of his late grandfather, Hammer oversaw the Hammer International Foundation, the Armand Hammer Foundation, and owned numerous businesses that included Hammer Galleries, and Hammer Productions, a television and film production company located in Los Angeles, California.

Michael Armand Hammer
Born(1955-09-08)September 8, 1955
DiedNovember 20, 2022(2022-11-20) (aged 67)
Alma mater
Occupations
  • Businessman
  • philanthropist
Organization(s)Occidental Petroleum, Armand Hammer Foundation, Hammer International Foundation, Oral Roberts University
Spouses
Dru Ann Mobley
(m. 1985; div. 2012)
Misty Millward
(m. 2017)
Children2, including Armie Hammer
RelativesArmand Hammer (grandfather)
Olga von Root (grandmother)

Hammer sat on the board of directors and the executive committee for the Los Angeles Dream Center, and was on the Investment Committee and Board of Reference for Oral Roberts University. Hammer was the owner and chief executive of the Knoedler, an art dealership in New York City, which closed in 2011 after purchasing and reselling $80 million in forged paintings bearing the signature of abstract expressionists such as Mark Rothko and Jackson Pollock.

Early life

edit

Michael Armand Hammer was born on September 8, 1955, in Los Angeles, California. He is the son of Glenna Sue (née Ervin) and Julian Armand Hammer,[2] has two siblings, sister Casey Hammer and half-sister Jan Ward,[3] and has two children, actor Armie Hammer and Viktor, a businessman and entrepreneur. Viktor and Armie Hammer are the only great-grandsons of industrialist Armand Hammer.[4] His paternal grandfather's parents were Ukrainian Jewish immigrants. His paternal grandmother, Russian-born actress Baroness Olga von Root, was the daughter of a czarist general.[5][6] His mother was a native of Texas.

Hammer studied at the University of San Diego, where he graduated with a degree in business administration in 1978. He later graduated from the Columbia University Graduate School of Business in 1982 with a Master of Business Administration degree.[7]

Career

edit

Before becoming involved with his grandfather's company, Occidental Petroleum, Hammer worked in different roles at the New York City securities and investment banking firm Kidder, Peabody & Co.,[8] which later was sold to PaineWebber, which ultimately merged with UBS AG in November 2000. He joined Occidental Petroleum in 1982 and worked in various capacities in the company's facilities in Texas, Oklahoma, London, and Oman. In 1985, he moved to the corporation's headquarters in Los Angeles where he became a vice president, He shortly thereafter became a member of the board of directors and the executive committee, and worked in those capacities until his departure from the company in 1991, not long after the death of Armand Hammer.[citation needed]

Since leaving Occidental, Hammer worked with several companies, including OnVANTAGE, Inc. in 2000,[9] which was later acquired by the company StarCite, Inc., and Avenue Entertainment Group as a member of the Board following an investment in the company by Hammer International in 1999.[8]

Personal life

edit

Hammer married Dru Ann Mobley of Tulsa, Oklahoma, on January 12, 1985, at the First Methodist Church in Tulsa.[7] Hammer became a Christian upon marrying his wife,[10] and was a benefactor of several Christian organizations dedicated to evangelism.[11][12]

Before they divorced in 2012 after 27 years of marriage, Michael and Dru Hammer had two children, actor Armie Hammer (born 1986) and businessman Viktor Hammer (born 1988).[citation needed]

Hammer formerly resided in a Paul Williams-designed, 1920s Tudor-style mansion, that was featured in films and television shows, including the Bells of St. Mary's, Rocky V, and others. It had erroneously been dubbed "Wayne Manor", as it was thought the house had been used in the Batman TV show, but in fact an adjacent residence was the site used for Batman. The historic mansion was destroyed by fire in October 2005 during a renovation by the Hammers.[13][14]

On May 30, 2017, he married Misty Millward.[15]

Death

edit

Hammer died from cancer on November 20, 2022, at the age of 67.[16]

References

edit
  1. ^ "Grant's Land" Forbes.com (United States.), May 8, 2009.
  2. ^ Epstein, Edward Jay (1998). Dossier: the secret history of Armand Hammer. Orion Business. p. 187. ISBN 0-7528-1386-2.
  3. ^ "The Fall of Armie Hammer: A Family Saga of Sex, Money, Drugs, and Betrayal". Vanity Fair. March 11, 2021.
  4. ^ "Armand Hammer Dies at 92; Executive Forged Soviet Ties" The New York Times, May 8, 2009.
  5. ^ Considine, Bob (1975). The remarkable life of Dr. Armand Hammer. Harper & Row. pp. 75. ISBN 0-06-010836-3.
  6. ^ "Reaches Into Her Gypsy Songbag For Tunes To Give To Posterity". Meriden Daily Journal. 1934-03-06. Retrieved 2011-05-18.
  7. ^ a b "Miss Mobley Has Nuptials In Oklahoma". The New York Times. May 8, 2009.
  8. ^ a b "Michael Hammer to Join Avenue Entertainment Group Board; Hammer International Takes Stake in Company". BNET. Business Wire. September 1, 1999. Archived from the original on June 24, 2009 – via Findarticles.com.
  9. ^ "OnVANTAGE, Inc. Appoints New Director, Michael Armand Hammer" Encyclopedia.com (San Jose, California), May 8, 2009.
  10. ^ "Pentecostal evangel" (4313–4337). Assemblies of God. General Council / General Council of the Assemblies of God. 1997. Michael Hammer, 42, told The Washington Post that he became a Christian after meeting and marrying former fitness instructor Dru Ann Mobley in 1985 {{cite journal}}: Cite journal requires |journal= (help)
  11. ^ Orlando Sentinel: "Hammer funds routed to evangelical groups" January 4, 1997 | "Michael Hammer, 42, says he became a Christian after meeting and marrying former fitness instructor Dru Ann Mobley in 1985."
  12. ^ York Daily Record: "Bank Head Turns To Faith Healing" January 10, 1977 | "Before he got religion, Douglas L. Mobley was board chairman of a downtown bank, believed money was made for making more money and drove himself as hard as any heart attack-prone executive. Now, he's given most of it up for evangelism and to heal though faith"
  13. ^ "Mansion" Archived 2011-06-29 at the Wayback Machine April 25, 2010.
  14. ^ "PreserveLA - Historic Preservation in Los Angeles - Historic Mansion Destroyed".
  15. ^ "Armie Hammer's Father Michael Armand Hammer Is A Philanthropist And A Businessman". April 26, 2021.
  16. ^ "Armie Hammer's Businessman Father Michael Armand Hammer Dead at 67 from Cancer". People. 22 November 2022. Retrieved 23 November 2022.