Word: bluhdorns
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...David Judelson, a New Jersey machine-tool maker whom he had met on a vacation at Lake Champlain, N.Y., to put up another $50,000. Today Duncan, at 37, is G. & W.'s president and day-to-day administrator; Judelson, 36, is executive-committee chairman and production chief. Bluhdorn is the creator of new mergers and markets...
Chance in a Clutter. G. & W.'s power source is Chairman Charles Bluhdorn, 39, who has a hard-driving philosophy: "You have to break doors down-anybody can walk through them." A penniless World War II refugee from Austria, he began as a $15-a-week clerk in a Manhattan cotton-brokerage firm, rose to other jobs and founded his own coffee-trading office at 23. Within ten years he had made more than $1,000,000 buying coffee from the Brazilians and selling it to U.S. processors and chain stores. Casting around for a more stable business...