Lou Chesler

Lou Chesler was a Toronto-based investor and speculator who was best described as a promoter full of expansive ideas. By 1960, he made his wealth by investing in Canadian mining stocks, engineered the sale of Warner Brothers’ film library to United Artists, had got in to the manufacturing of Tote systems (which automatically tote up statistics for racetrack betting), and had begun merchandising Florida land. He was famously involved in a “million-dollar bet” while watching the overtime of the 1958 NFL Championship Game between the Colts and the Giants.

With a knack for seeking out lucrative business opportunities, Lou Chesler’s grandson, Adam Arviv, credits much of his own success in business to his grandfather whom he has always looked up to and sought advice from.