Boesky’s Fall
In 1987, after Boesky had started his own arbitrage firm, he pleaded guilty to conspiracy in an insider trading case, paid $100 million in penalties and was sentenced to three years in prison.
Zoellner remained at Edwards & Hanly until he started Alpine.
He and his wife lived on an almost 60-acre (25-hectare) estate in Alpine, New Jersey, according to a 2007 New York Times article.
Zoellner amassed a rare complete collection of U.S. stamps issued from 1847 to 1947. They sold at auction for more than $8 million in 1998, according to a Boston Globe story. One of the items, an 1868 1-cent “Z-grill,” was purchased for $935,000, then a record price for a piece of U.S. postage, according to a 2005 Times article.
Survivors include his wife, the former Victoria Eckert, who is Alpine’s president; three children, Robert E. Zoellner Jr., Alisanne Zoellner and Gordon Alexander Uehling III; and seven grandchildren.
Robert Zoellner, Founder Of Alpine Associates, Dies At 82
January 5, 2015
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