Arnold Greenberg Death and Obituary: Arnold Greenberg, a renowned businessman and philanthropist from West Hartford, Connecticut, passed away on April 12, 2015, at the age of 82. His remarkable life story is one of entrepreneurial success, cultural impact, and profound dedication to his community and family. Greenberg’s career spanned multiple industries, from law to the toy and video game sectors, where he made lasting contributions that continue to shape his legacy.
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Early Life and Education
Born to Russian-Jewish immigrant parents, Arnold Greenberg was raised with a strong sense of responsibility and respect for education. His father, Maurice Greenberg, founded the family business, Coleco Industries, which would later become central to Arnold’s career. Arnold initially pursued a law degree, which equipped him with valuable analytical skills, but in 1966, he made a pivotal career shift, joining Coleco Industries and marking the start of an era of innovation.
Transforming Coleco Industries
Under Arnold Greenberg’s leadership, Coleco Industries evolved from a manufacturer of leather goods and swimming pools into a powerhouse in the video game industry. His foresight led the company to enter the video game market, where it became a dominant player. In 1975, Greenberg spearheaded the development of the Telstar video game console, followed by the groundbreaking ColecoVision console in the early 1980s. The ColecoVision revolutionized the gaming industry, offering arcade-quality games to home consumers. Arnold’s strategic move to secure licensing rights for Nintendo’s Donkey Kong further solidified Coleco’s position as a major force in gaming.
The Cabbage Patch Kids Phenomenon
In 1983, Arnold Greenberg achieved one of his most culturally significant accomplishments by acquiring and launching the Cabbage Patch Kids doll line. These unique, adoption-themed dolls quickly became a national sensation. Arnold’s innovative marketing skills turned this product into a global phenomenon, shaping the toy industry and solidifying his place in business history.
Setbacks and Resilience
Not all of Arnold’s ventures were met with success. The launch of the Adam Computer in 1983 encountered significant challenges, including rushed development, which led to financial setbacks for Coleco. Despite these difficulties, Arnold’s resilience remained unwavering. He continued to innovate and explore new avenues for growth, leaving a legacy of perseverance and adaptability.
Philanthropy and Community Service
Beyond his business accomplishments, Arnold Greenberg was deeply committed to philanthropy. In 1985, he established the Maurice Greenberg Center for Judaic Studies at the University of Hartford in honor of his father. This center became an important cultural institution, enriching the local community’s appreciation for Jewish heritage and education. Arnold was also a Life Trustee at the Hartford Stage and contributed to a wide array of civic organizations, demonstrating his dedication to the arts and community development.
Family and Personal Life
Arnold Greenberg’s personal life was defined by strong family bonds. He was married to Beverly Greenberg for 53 years, and together they raised two daughters, Dana and Sara, while cherishing their roles as grandparents to Joshua and Lily Shafer. Arnold’s brother, Leonard Greenberg, was both a sibling and close business partner, playing a key role in Coleco’s success and their joint philanthropic endeavors.
Conclusion: Arnold Greenberg’s Enduring Legacy
Arnold Greenberg’s passing in 2015 marked the loss of a visionary businessman and a beloved community leader. His innovative contributions to the video game and toy industries, along with his unwavering commitment to philanthropy, have left an indelible mark on West Hartford and beyond. Arnold’s legacy continues through the institutions he supported, the lives he touched, and the family values he upheld. His story is a testament to the power of vision, resilience, and dedication to making a positive impact on both business and society.