User:OnionPerson/Sandbox

Monroe Milstein (born 1927) is an American businessman. He was born in the Bronx, New York City in 1927 to a Jewish Russian immigrant father, Abe Milstein, and Anne Isaacs, a Jewish American-born mother, Ann. He graduated from the cum laude Stern School of Business at New York University in two years. Upon graduating, he opened his own wholesale coat business, but he eventually merged his business with his father's. His Dad and him got along very well despite that his Dad referred to him as "college boy" and did not let him make decisions.

In 1972, after many years in the wholesale coat business, he took over the Burlington Coat Factory which was a then failed & closed business located in Burlington, NJ. He received much of the money he needed to found the business from his wife, Henrietta, who had saved money from her salary as a teacher-librarian. The company went public in 1983.

His family controlled Burlington Coat Factory until 2006, when it was sold to Bain Capital, who took the then public company private.

He now resides in south eastern Florida.