Local businessman, philanthropist dies at age 94

POSTED: Friday, April 6, 2012 - 2:52pm
UPDATED: Monday, April 23, 2012 - 3:57pm

WACO -- Local businessman and philanthropist Bernard Rapoport has died at the age 94.

Rapoport was in the hospital after heart complications and died late last night.

In 1917 he was born in San Antonio to Russian-Jewish immigrants and in 1951, Rapoport and a partner founded American Income Life Insurance Company, a multi-million dollar company headquartered in Waco.

He and his wife Audre started the Rapoport Foundation which supported education... social justice... and liberal political causes in the Waco area.

He was also a political power broker who helped elect President Bill Clinton and was also named one of America's 40 Most Generous Philanthropists by Fortune Magazine.


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Nancy It's a different sort of issue in stotaiiuns where the attorney is paid by a different entity than the client, and so is potentially facing a bill reviewer that thinks the lawyer is spending too much while the client may not agree. Examples that come to mind are insurance defense work (representing the insured, paid by the insurer), or appointed counsel for prisoners or criminal defendants. Perhaps in the latter situation, the person reviewing the bills isn't responsible for the money used to pay them; not sure. But in the first example, the person that pays the bill is reviewing the bill and reviewing it.

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