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Richard Riordan

American businessman and politician (1930–2023)


American businessman and politician (1930–2023)

FieldValue
birth_nameRichard Joseph Riordan
imageRichard Riordan, 1997.jpg
captionOfficial portrait, 1997
birth_date
birth_placeNew York City, U.S.
death_date
death_placeLos Angeles, California, U.S.
office39th Mayor of Los Angeles
term_startJuly 1, 1993
term_endJuly 1, 2001
predecessorTom Bradley
successorJames Hahn
partyRepublican
professionInvestment banker, lawyer
occupationBusinessman, investor, military commander, philanthropist, politician
alma_mater{{plainlist
spouse{{plainlist
* {{MarriageEugenia Warady19551977endannulled}}
* {{MarriageJill Noel19801998enddiv}}
* {{MarriageNancy Daly19982009enddied}}
children5
allegianceUnited States
branch
serviceyears1952–1955
battlesKorean War
rankFirst lieutenant
module{{Listen voice
filenameRichard Riordan on the response to the 1994 Northridge earthquake.ogg
descriptionRichard Riordan on the response to the 1994 Northridge earthquake
recordedMarch 7, 1994
  • Princeton University (AB)
  • University of Michigan (JD)

Richard Joseph Riordan (May 1, 1930 – April 19, 2023) was an American businessman, investor, military commander, philanthropist, and politician. A decorated Korean War veteran and a member of the Republican Party, Riordan served as the 39th mayor of Los Angeles from 1993 to 2001; he remains the most recent Republican to hold that office. He ran for governor in the 2002 California gubernatorial election, losing the Republican primary. After politics, he resumed his business career, specializing in private equity.

Early life, education, and career

Riordan was born in Flushing, Queens, to an Irish-American family, the son of Geraldine (Doyle) and William O. Riordan. He was the youngest of their nine children. After growing up in New Rochelle, New York, he first enrolled at Santa Clara University on a football scholarship, but transferred to Princeton University, where he graduated in 1952 with an A.B. in philosophy. He then served in the U.S. Army as a first lieutenant during the Korean War.

That year, he moved to Los Angeles, joining the downtown law firm of O'Melveny & Myers. In 1959, he left to become a partner of Nossaman LLP. In 1975, he was a founding partner of the law firm Riordan & McKinzie, which merged with Bingham McCutchen in 2003.

Riordan began investing in the 1950s with an $80,000 inheritance from his father, which he eventually grew into a multimillion dollar fortune. As a philanthropist, he founded the Riordan Foundation, a charity for expanding childhood literacy.

Mayor of Los Angeles

When Tom Bradley announced he was retiring as Mayor of Los Angeles, Riordan set his sights on the 1993 election. Riordan won with 54% of the vote, becoming the first Republican mayor in 36 years. As Mayor, the heavily Democratic Los Angeles City Council blocked many of his proposals, or they proved unfeasible in reality. For example, the police academy did not have enough classroom space or instructors to train as many new police officers as Riordan had initially promised. He streamlined certain business regulations and established "one-stop" centers around the city for services, like permit applications.

Riordan feuded with police chief Daryl Gates' successor, former Philadelphia police commissioner Willie Williams, but oversaw a general decline in city crime. Ultimately, Riordan replaced Williams with LAPD veteran Bernard Parks in 1997, the year he was re-elected mayor over California State Senator Tom Hayden.

Riordan's tenure was marked by controversy over the Los Angeles County Metropolitan Transportation Authority's Red Line subway's construction cost overruns. Because the overruns resulted in MTA funds being reallocated from bus funding, the Bus Riders Union sued the city, alleging racial discrimination, resulting in a 1996 consent decree that eviscerated MTA funding for subway and light rail construction projects. Riordan publicly stated that he regretted signing the consent decree and it was his biggest mistake as mayor.

Before becoming mayor, Riordan spearheaded the city's successful term limit ballot initiative and he was therefore term-limited from office in 2001. Riordan endorsed his adviser and friend, Steve Soboroff, to succeed him. Soboroff, however, came in third in the non-partisan mayoral primary election. Former California State Assembly Speaker Antonio Villaraigosa advanced to the runoff against James Hahn. Riordan endorsed Villaraigosa in the second round, but Hahn won and succeeded him as mayor. Four years later, Villaraigosa defeated Hahn in the 2005 rematch and became Mayor.

2002 California gubernatorial race

In 2002, Riordan decided to seek the governorship. In the Republican primary election, he faced conservative businessman Bill Simon and former California Secretary of State Bill Jones. Although Riordan had a 30-point lead early in the race, Simon beat him by 18 points. Riordan's loss mainly can be attributed to a conservative Republican party base that rejected his moderate Republicanism and efforts to move the party to the political center. Incumbent Democratic Governor Gray Davis felt he had a much better chance to beat Simon, so he spent millions of dollars running attack ads against Riordan in the Republican primary. Davis's cross-party strategy was successful. Riordan lost the primary, and Davis defeated Simon 47%–42% in the general election.

''The Los Angeles Examiner''

In early 2003, Riordan circulated a prototype of a locally-focused, sophisticated, and politically-independent weekly newspaper, The Los Angeles Examiner, he hoped to start publishing in June. It was, however, never published. Riordan put the project on hold when Governor Arnold Schwarzenegger, who defeated Grey Davis in the October 2003 recall election, appointed him California Secretary of Education. He served in the position from 2003 until he resigned in 2005.

Later political involvement

Riordan continued to be involved in city politics after his mayoralty. In the 2001 Los Angeles mayoral election, Riordan endorsed his friend and adviser Steve Soboroff in the primary and Antonio Villaraigosa in the general election. In 2005, he backed former State Assembly Speaker Robert Hertzberg in the primary and Antonio Villaraigosa in the general election. In both races, he chose not to endorse James Hahn.

Riordan played a role in City Council elections, supporting Bill Rosendahl, who won election in the Eleventh District in 2005; Monica Rodriguez, who lost to Seventh District Councilman Richard Alarcon in 2007; and Adeena Bleich, who lost to Paul Koretz and David Vahedi, who advanced to the runoff election. In 2013, Riordan endorsed Wendy Greuel for mayor. She ultimately was defeated by then-Council member Eric Garcetti.

Personal life and legacy

The Richard J. Riordan Central Library in Los Angeles is named after him. Riordan owned the Original Pantry Cafe, which operated in Los Angeles from 1924 to 2025, and Gladstones Malibu, which has been open since 1972.

Riordan was married four times and had five children, two of whom predeceased him. He died at home in Brentwood on April 19, 2023, at age 92.

References

References

  1. (1952). "The Nassau Herald". Princeton University.
  2. Hafner, Katie. (April 21, 2023). "Richard Riordan, Mayor of an Uneasy Los Angeles, Dies at 92". [[The New York Times]].
  3. (June 21, 1993). "Hizzoner the CEO L.A.'s New Mayor Is a Manager in The Perot Mold".
  4. Riordan, Richard Joseph. (1952). "A Study of the Thomistic Faculty Psychology".
  5. "Riordan & McKinzie merges with Boston firm".
  6. "4/22/97 Primary Nominating Election: Final – Official Results". Los Angeles City Clerk Election Archives.
  7. (April 24, 2005). "MTA consent decree drives different reactions in L.A.". The City Project Blog.
  8. (March 10, 2005). "Hahn, Villaraigosa to fight rematch in L.A. mayoral runoff".
  9. Wildermuth, John. (March 6, 2002). "SIMON WINS BIG / Riordan's collapse sets up showdown for governor between GOP neophyte, Davis".
  10. "General Election – Statement of Vote, November 5, 2002". California Secretary of State.
  11. (January 30, 2003). "In L.A., a new tabloid from its ex-mayor". The Christian Science Monitor.
  12. (November 8, 2003). "Next week in the LABJ (L.A. Business Journal)". L.A. Observed.
  13. Markazi, Arash. (September 3, 2015). "Steve Soboroff's famous typewriter collection has many stories to tell".
  14. (June 6, 2001). "Hahn Elected L.A. Mayor".
  15. R. Blood, Michael. (April 11, 2005). "Villaraigosa woos blacks in L.A. election".
  16. (March 10, 2005). "Jewish Candidate Barely Misses in Election for L.a. Mayoral Runoff".
  17. (April 2, 2005). "Former L.A. mayor backs challenger".
  18. (March 20, 2013). "Richard Riordan backs Wendy Greuel for L.A. mayor". Los Angeles Times.
  19. (April 25, 2023). "Former LA Mayor Richard Riordan to be honored at memorial Mass on Friday".
  20. (March 3, 2025). "Downtown L.A.’s Original Pantry Closes After 100 Years".
  21. Hafner, Katie. (April 20, 2023). "Richard Riordan, Mayor of an Uneasy Los Angeles, Dies at 92". The New York Times.
  22. Barnes, Mike. (April 20, 2023). "Richard Riordan, Former Mayor of Los Angeles, Dies at 92".
  23. Chen, I-Chun. (August 11, 2016). "Gladstones restaurant in Malibu to close after 44 years".
  24. Clifford, Frank. (July 11, 1993). "Mystery Mayor : He's Got 40,000 Books, Friends All Over Town, and a Reputation as a Soft Touch. He's a Risk-Taker and Problem Solver. Yet He Can Be Absent-Minded, Inarticulate, Contradictory and Downright Sloppy. Can a Entrepeneur-Turned-{{as written". [[The Los Angeles Times]].
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