Tracy Morgan Acknowledges Business Managers Role in Preventing Impulsive Purchases – Hollywood Reporter

Last Updated on October 26, 2023 by Robert C. Hoopes

Tracy Morgan, the renowned comedian and actor, recently took the time to honor his long-standing business manager, Mark Landesman, during the annual Power Business Managers breakfast. The breakfast, held in Los Angeles, brought together some of the most influential figures in the business management industry.

To mark the occasion, Landesman was presented with the Business Manager Icon Award by The Hollywood Reporter (THR). This prestigious accolade acknowledges Landesman’s exceptional contributions to his clients’ financial success and his outstanding career in the industry.

During his speech, Morgan couldn’t help but make light of Landesman’s role in preventing excessive spending and helping him avoid tax problems over the years. Morgan’s humorous anecdotes showcased the close bond and trust between the two professionals.

However, their relationship extends far beyond managing finances. When Morgan suffered a severe car crash back in 2014, Landesman was the first person to rush to the hospital, demonstrating the depth of their connection. In his heartfelt tribute, Morgan expressed his love and gratitude for Landesman, describing him as a cherished member of his family.

Landesman also took the opportunity to shed light on the multifaceted nature of a business manager’s role. He emphasized the importance of handling not only financial matters but also non-financial issues on behalf of clients. Recounting his experience supporting Morgan during his recovery, Landesman highlighted the tough decisions he had to make and the guidance he provided.

Today, with Morgan having made an impressive recovery, Landesman continues to offer his expertise in financial matters. The gratitude from both sides is evident, with Morgan praising Landesman’s unwavering support during challenging times.

Additionally, Landesman acknowledged the unprecedented difficulties faced by clients over the past three years, including the ongoing COVID-19 pandemic and strikes within the entertainment industry. Despite these challenges, Landesman remains committed to providing guidance and stability to his clients.

In his closing remarks, Landesman expressed his gratitude toward his first client, Eddie Murphy, who played a pivotal role in launching his career. He credited Murphy as his “luck factor” and thanked him for changing his life.

The award presentation took place as part of a breakfast event celebrating Hollywood’s Top Business Managers, generously sponsored by City National Bank. The event gathered industry leaders and highlighted their significant contributions to the success of their clients within the entertainment business.

Tracy Morgan’s heartfelt tribute and Mark Landesman’s remarkable career exemplify the crucial role of business managers in the entertainment industry. Their unwavering commitment to their clients’ financial and personal well-being truly deserves recognition.