8 over 80: Stanley Black

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8 over 80: Stanley Black
Stanley Black. Photo by Ringo H.W. Chiu/LABJ

Stanley Black, 84

Black Equities Group, a Beverly Hills real estate investment company.

Title: President

Background: An L.A. native and longtime real estate developer, he formed the company about 20 years ago.

How many hours a week do you work?

I am in the office approximately 20 hours per week. However, I have a real estate breakfast once a week and also lunches and dinners that promote not only our business interests but the business of philanthropy.

Why not retire?

I like what I am doing. I’ve done it for 60 years and I don’t see not doing it.

Does your family want you to retire?

No. We are a three-generational family business. My son, daughters, and grandson are with me every day in the office.

Best part of working past 80? Worst?

Best: Being able to come in at 10 and leave at 4 p.m. Worst: I wish I had the same energy as when I was younger.

Are you up to date on technology?

No. I still prefer to meet and speak with people in person.

What is the best advice you ever got?

My father instilled in me at a very early age the importance of giving back. He taught me that it will all return to you.

What advice would you give to people who want to work well past 65?

In the 1950s and ’60s, the life expectancy was 70 years old and that’s where retiring at 65 came about. Now, people are living well into their 90s. There are many more years of productivity to fill.

What’s the secret to staying healthy and active?

I try to keep in shape, drink lots of water, watch my diet, and aim for a full night’s sleep.

Do you work as much as you used to in your 40s and 50s?

About half the amount of time. The other half of my time is dedicated to philanthropy.

How has your routine changed?

It hasn’t. When I travel for a length of time and then I return, people will ask, Will you be at Canter’s this Sunday? Even if I landed late the night before, the answer is always: 100 percent.

What do you see in the future?

Lots of inflation. It is harder and harder to find deals. But I also see long life and good health. I am an optimist at heart.

– Paul Eakins

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