The funeral of Marcus Loew, who died early Monday morning will be held Thursday morning from his estate in Glen Cove. Burial will be at Maimonides Cemetery, Cypress Hills.
No estimate was obtainable of the size of Mr. Loew’s fortune, but the extent of his interests and operations indicate it is a very large one.
In 1924, Mr. Loew bought “Pembroke,” the late Captain Joseph R. de Lamar estate for an announced price of $1,000,000 and he is said to have spent several millions more on it since. In February of this year he was reported to be carrying life insurance of $5,000,000, being one of the nine men in the country insured for that much or more. His holdings are said to be concentrated in the Metro-Goldwyn-Mayer Pictures Corporation and Loew’s, Inc.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.