Arthur J. Samberg graduated from Columbia Business School with a master of business administration in 1967. Art Samberg became a successful investment banker and led multiple investment firms, and he continues his investment ventures into retirement. Since graduating, Art Samberg has made multiple donations to his alma mater, most recently in 2013, when he pledged $25 million for the construction of the new Manhattanville campus.
Samberg was not alone in his donation, as fellow ’67 graduate Mario J. Gabelli pledged an additional $15 million, for a combined $40 million. The pair not only graduated in the same year but also sit on the Columbia Business School Board of Overseers. Samberg was quoted as saying, “In supporting Columbia Business School, I’m helping others, who didn’t grow up in the same environment, get a chance to advance.”
His charitable work includes not only donations of time and money to Columbia Business School but also work for other charities and nonprofits, including College Summit, Historic Hudson Valley, and the UJA-Federation of New York. Pre-construction for the Manhattanville campus began in 2008, and construction is still in progress. Ongoing construction updates are available via the official campus website.