Stephen Leo Bing was an American businessman, philanthropist, and film producer. He was the founder of Shangri-La Entertainment, an organization with interests in property, construction, entertainment and music. Bing reportedly invested USD 80 million in The Polar Express, an animated film featuring the voice of Tom Hanks. In 2001, Bing sued billionaire Kirk Kerkorian for invasion of privacy.
About Steve Bing in brief
Stephen Leo Bing was an American businessman, philanthropist, and film producer. He was the founder of Shangri-La Entertainment, an organization with interests in property, construction, entertainment and music. Bing reportedly invested USD 80 million in The Polar Express, an animated film featuring the voice of Tom Hanks, which earned USD 285 million globally and was one of the year’s top box office successes. In 2001, Bing sued billionaire Kirk Kerkorian for invasion of privacy. Bing alleged that private investigator Anthony Pellicano took Bing’s dental floss to collect his DNA. Bing was reported to have given at least USD 49. 5 million during the 2006 election cycle in support of Proposition 87, a California initiative which sought to raise USD 4 billion in oil production taxes to help develop alternative fuels.
On August 5, 2009, a 737 private aircraft owned by Stephen Bing and based out of hangar 25 at the Burbank airport in Southern California, was utilized in the return of American reporters Laura Ling and Euna Lee who had spent 5 months of a 12-year sentence in North Korea. Former President Bill Clinton was instrumental in their return and accompanied the reporters back to the United States. In October 2008, Bing pledged to match donations made to the NO on Proposition 8 campaign from October 17–19. On December 18, 2008, the William J. Clinton Foundation released a list of all contributors including Stephen L. Bing, who gave between US$10–25 million.
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This page is based on the article Steve Bing published in Wikipedia (as of Nov. 30, 2020) and was automatically summarized using artificial intelligence.
