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Leonard Stephen Riggio (February 28, 1941 – August 27, 2024) was an American businessman. He served as executive chairman of book store chain Barnes & Noble and was its largest shareholder from 1971 [ 1 ] until the sale of the company to the hedge fund Elliott Investment Management in 2019. [ 2 ][ 3 ] Under his leadership the company expanded ...
Aug 27, 2024 · Leonard Riggio, a brash, self-styled underdog who transformed the publishing industry by building Barnes & Noble into the country’s most powerful bookseller before his company was overtaken by ...
Aug 27, 2024 · Riggio’s near-half century reign began in 1971 when he used a $1.2 million loan to purchase Barnes & Noble's name and the flagship store on lower Fifth Avenue in Manhattan. He acquired hundreds ...
Aug 27, 2024 · Riggio’s near-half-century reign began in 1971 when he used a $1.2 million loan to purchase Barnes & Noble's name and the flagship store on lower Fifth Avenue in Manhattan.
Aug 30, 2024 · A few years later, in 1971, Mr. Riggio, armed with a $1.2 million loan (the equivalent of about $9.3 million today), bought Barnes & Noble, a bookstore on Fifth Avenue at 18th Street that William ...
Aug 28, 2024 · Mr. Riggio was among the book trade’s most prominent figures, a dapper mass-market merchant with a broad smile and trim mustache. He took over Barnes & Noble in 1971, when the decades-old brand ...
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Aug 27, 2024 · NEW YORK (AP) — Leonard Riggio, a brash, self-styled underdog who transformed the publishing industry by building Barnes & Noble into the country’s most powerful bookseller before his company was overtaken by the rise of Amazon.com, has died at age 83. Riggio died Tuesday “following a valiant battle with Alzheimer’s disease ...