Steve Bing Dies: Film Financier & Philanthropist Jumped From Century City Building, Authorities Say
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Steve Bing, the film financier and philanthropist who supported successful films from Robert Zemeckis' The Polar Express and Beowulf to the Rolling Stones concert film Shine a Light, has died.
Law enforcement officials said Bing jumped out of a building in Century City at around 1:00 p.m. Monday. According to the standard protocol, the Los Angeles Police Department would not confirm that the person in question is Bing. However, the description of the man in the fifties who was found dead at the scene matches that of the producer.
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Bing, also an influential political donor, was a real estate tycoon from a family with a rich history. In 2012, he promised the film and television fund a legacy gift of $ 30 million.
"Steve Bing has been one of the most philanthropic and generous people in our industry for years," said Jeffrey Katzenberg at the time. “He was one of the MPTF's most loyal supporters even in good and challenging times. With this amazing contribution, he brings us one step closer to securing our long-term goals. "
Bing's script credits include the co-writing of the feature film Kangaroo Jack from 2003. His executive producers include Get Carter (2000), Looking for Comedy in the Muslim World (2005), Youth in Revolt (2009) and Rock the Kasbah (2015) ).
More recently, he worked with Ron Burkle, Terry Semel, Arnon Milchans New Regency and James Packers, and Brett Ratners RatPac Entertainment to fund Warren Beatty’s two decades of Howard Hughes film Rules Don't Apply, which was released in 2016 has been published.
He was the chairman of the production finance company Shangri-La Entertainment, whose most recent credits include Kingsman: The Golden Circle 2017.
Bing was keen to protect his privacy, but was one of the most progressive political donors to fund environmental initiatives, particularly in the 1990s and 2000s. He contributed nearly $ 50 million of his own money to an oil production tax that failed in 2006. He was particularly close to former President Bill Clinton after giving his foundation at least $ 10 million.
When Clinton flew to North Korea in 2009 to negotiate the release of two American journalists, Euna Lee and Laura Ling, it was Bing who did the math.
At least in terms of public awareness, Bing was much more reserved than the oversized world of philanthropy and fundraising.
In 2000, when the Democratic National Committee struggled to find donors for the Los Angeles party convention, DNC fundraiser Terry McAuliffe visited Burkle's house to raise funds. McAuliffe wrote in his book that he was somewhat surprised when Bing arrived, "in torn old jeans and a t-shirt with holes in it".
McAuliffe wrote that he thought Bing could be a pool man or a gardener. When McAuliffe gave him the seat, Bing said, "All right, I'll help you."
Then, according to McAuliffe, Bing pulled a crumpled check out of his jeans pocket, unfolded it, and "had to run a hand over it a few times to keep it straight so that he could write on it." Bing wrote out the number $ 1,000,000 .
Bing was born on March 31, 1965 as the grandson of Leo S. Bing, the namesake of the Bing Theater of the Los Angeles County Museum of Art.
Deadline's Ted Johnson contributed to this report
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