Local hero: Florida hotelier Harris Rosen keeps his giving close to home by bethpinsker
NEW YORK - Harris Rosen has a chain of eight hotels bearing his name in the Orlando area, but he makes most of his headlines these days for giving away his fortune.
Rosen’s business also recently expanded its generous, self-funded health plan called RosenCare to cover the health clinic for teachers in Osceola County.Q: Who first taught you money values? One night they came over, and said, essentially, you have something in your genes. You are going to be a businessperson, but don’t ever borrow money.
I learned that you try to find something that people need and want, charge a fair price and save as much as you can.A: One of the first stocks I bought was Avon, because I met some of the ladies who ran the company. They said, “Harris, Buy the stock.” I couldn’t buy more than 10-15 shares, but I’d look at Avon every morning, and I did very well.
We had a tiny little office where our accounting folks stayed, but they outgrew it. I said, we’ll convert it to primary care health center. I called a friend who knew insurance and said, ‘Help me start my own insurance company.’ Then I said: ‘Let’s look for a doctor.’Q: You have many charity projects, how do you decide how to give away your money?
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