Stephen Leo Bing, known professionally as Steve Bing, is an American businessman, film producer, investor and philanthropist.
He has significant business interests in real estate and construction, and is the founder of Shangri-La Entertainment and Shangri-La Music.
In 2000, Bing founded Shangri-La Entertainment as his own production company. Besides financing and producing films, he also contributed creatively to the industry by co-writing the 1985 film. Missing in Action II: The Beginning and co-developed the story and script for the 2003 film Kangaroo Jack.
File
- Full name: Stephen Leo Bing
- Stage name: Steve Bing
- Date of birth: March 31, 1965
- Age: 55 years old
- Date of death: June 22, 2020
- Place of birth: New York, New York, United States
- Nationality: American
- Occupation: American businessman, film producer, investor and philanthropist
- Height: 1.93 m
- Parents: Peter Bing and Helen Bing
- Siblings: Mary Bing
- Partners: Lisa Bonder, Elizabeth Hurley, Anthony Pellicano
- Children: Damian Hurley and Kira Bonder
- Relationship: Not married
- Net worth: $300,000
Early life and education
Stephen Leo Bing was born on March 31, 1965 in New York City, United States. He is the son of Helen Bing, a nurse, and Peter Bing, a public health physician. He has one older sister, a sister named Mary Bing. Stephen attended Harvard-Westlake School in Los Angeles and then enrolled at Stanford University.
However, he dropped out of school during his junior year to pursue a career in the entertainment industry after inheriting an estimated $600 million fortune at the age of 18. He is ethnically Jewish on his father’s side and Croatian on his side. mother and follow Christianity.
Career
Steve Bing began his career as a film producer and made a significant mark in Hollywood with the founding of his production company Shangri-La Entertainment in 2000. Among his notable investments His focus is on co-financing animated films. Polar express train (2004), featuring the voice of Tom Hanks. Bing reportedly invested $85 million in the project, which became a global success, grossing $285 million at the box office.
He also sponsored Robert Zemeckis’ Beowulf and produced by Martin Scorsese Shinea Rolling Stones concert film. As screenwriter, Bing co-wrote the 1985 film Missing in Action II: The Beginning and contributed to the story and script for the 2003 comedy film Kangaroo Jack.
In addition to filmmaking, Bing also shows a passion for music, sponsoring and producing independently released albums. Last man standing by Jerry Lee Lewis. His work extended beyond entertainment into politics, where he became an important donor to the Democratic Party. Starting in 1993 with a $500 contribution to Senator Frank Lautenberg’s re-election campaign, Bing eventually donated more than $10.7 million at the federal level.
During the 2006 election cycle, he contributed at least $49.5 million to support Proposition 87, a California initiative to fund alternative energy development through a tax on oil production mine. Bing also supported many Democratic campaigns across the country, helping the party regain control of Congress.
In addition to political and charitable contributions, Bing also plays an important role in humanitarian efforts. In 2009, he reportedly paid $200,000 for a flight to facilitate the return of two American journalists from North Korea, a delegation led by former President Bill Clinton.
His philanthropic legacy was further cemented in April 2012 when he joined The Give Pledge, pledging to donate the majority of his wealth to charitable causes.
Social Media
Steve Bing does not have any active social media accounts.
Personal life
Steve Bing has had several high-profile relationships, most notably with Elizabeth Hurley, with whom he has a son, Damian, born in 2002. Although Bing initially denied paternity, DNA testing confirmed he was the biological father. Their relationship was controversial, marked by legal disputes over paternity and child support.
He is also in a relationship with Lisa Bonder, a former professional tennis player, with whom he has a daughter, Kira.
He was also in a relationship with Allexanne Mitchum, the great-granddaughter of actor Robert Mitchum. The two dated until her tragic death in 2019. Despite these relationships, Steve Bing never married and maintained complicated dynamics with his partner and children.
Tragically, Steve Bing passed away by suicide on June 22, 2020, at the age of 55. He was found dead at the foot of a luxury apartment building in Century City, California. The Los Angeles County Medical Examiner-Coroner’s Office confirmed his death was caused by multiple blunt force injuries caused by a fall from a tall building.
Net worth
Steve Bing’s net worth was estimated at just $300,000 at the time of his death in June 2020, a significant drop from the $600 million he inherited at age 18.
His financial difficulties were largely due to unsuccessful investments in films and other business ventures, as well as his extensive philanthropy, which included significant donations to political activities and charities, such as the Clinton Foundation.
