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...onetime messenger boy, parlayed imagination and aggressiveness into a $5 billion empire (Union Pacific Railroad, Wells-Fargo Express Co., etc.), died in 1909, and left about $100 million to his wife and five children. Averell grew up at the zoo-room family mansion located on 20,000 acres near Arden, N.Y., learned to ride, shoot, swim, row, and play polo, prepped at fashionable Groton (average student), graduated from Yale (B.A. '13), was a bridge player (very good) and oarsman (topnotch). In 1921 he formed an investment banking firm with his brother Roland (who is still a Republican). His reported...

Author: /time Magazine | Title: National Affairs: THE OTHER MILLIONAIRE | 10/6/1958 | See Source »

Twice-married (his first wife divorced him in 1929), he occupies, apart from the Albany Governor's mansion, an elegant, five-story Manhattan townhouse, a summer place on Long Island, a Florida hideaway, the caretaker's cottage at the Arden estate (he gave the big house to Columbia University, which uses it for special conferences). Beneath his placid, patrician bearing, he flexes long-toughened sinews of a first-rate, determined administrator and an autocrat of the timetable, is a stickler for details ("Honest Ave, the Hairsplitter"). He badgers aides at all hours, once sent state police searching...

Author: /time Magazine | Title: National Affairs: THE OTHER MILLIONAIRE | 10/6/1958 | See Source »

...farmer's wife, and this letter is prompted by Max Factor's remark and insinuation that farm women do not wear lipstick! I would like Mr. Factor to know that my hair is styled at Antoine's, I buy Rubinstein, Arden and Antoine cosmetics, and did buy Max Factor's lipstick...

Author: /time Magazine | Title: Letters, Jun. 30, 1958 | 6/30/1958 | See Source »

...with all their know-how, experience and wealth, Mesdames Arden and Rubinstein have not succeeded in evading wrinkles, why should...

Author: /time Magazine | Title: Letters, Jun. 30, 1958 | 6/30/1958 | See Source »

...sales genius of the industry, he colors it like a blob of his own fire-red nail polish, is as well known for chewing up admen and underlings as spitting out new ideas (TIME, Sept. 30). "I don't meet competition," he snaps. "I crush it." Says Elizabeth Arden: "I just don't like that...

Author: /time Magazine | Title: MODERN LIVING: The Pink Jungle | 6/16/1958 | See Source »

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