Early Life and Education
Bruce E. Toll was born on April 29, 1943, in Elkins Park, Pennsylvania, to a Jewish family. His father, Albert Toll, was a millionaire investor who lost his wealth in the 1929 stock market crash. In 1965, Bruce Toll graduated from the University of Miami with a B.A. degree.
Rise to Success
In 1967, Bruce Toll co-founded Toll Brothers with his brother, Robert I. Toll. The company started with a focus on luxury homes. Toll Brothers became the largest luxury homebuilding company in the United States. Bruce served as the President of the company from 1967 until 1998, then as Vice Chairman. He retired from the Board of Directors in 2016.
Key Business Strategies
Toll Brothers focused on building luxury homes, and the company went public in 1986. The company expanded across the nation, building in 24 states and over 60 markets. Toll Brothers has been recognized as a leader in home building and has received several awards.
Philanthropy
Bruce Toll has been involved with philanthropy. Toll Brothers has raised more than $10 million for the American Cancer Society over 15 years.