Word: dillinghams
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After 98 years and three guiding generations in Hawaii, the Dillinghams rank as one of Hawaii's most powerful families. They have established themselves as leaders of society and top island boosters, put together a $150 million business network that includes land, barges, railroads, trucking, buildings, docks and warehouses. But Hawaii no longer offers the opportunities it once did. Its old business families have seen their power gradually slip and more aggressive competitors move in to challenge their economic predominance. Building contracts are fewer, and the real estate market is weak. The Dillingham family has therefore set itself broader...
...There is no place in the world we won't go if we see a chance to make money," says Lowell Dillingham. The Dillingham Corp., which Lowell formed in 1961 by putting together 21 of the family-run subsidiaries, is working on an airport in Malaya ($6,700,000), a harbors project in Indonesia ($5,000,000), an airport in Saudi Arabia ($3,400,000), and wharfing and harbor facilities in Singapore ($4,800,000). It is involved in a $28 million modernization of Australia's Mount Isa railroad and mines and a $3,500,000 reclamation project...
...Lowell Dillingham sees it, the real opportunity for his company lies on the U.S. mainland. Largely by trading parts of the Dillingham's huge Hawaii land holdings, Lowell hopes to maneuver into the big-time land business on the mainland. He recently swapped 118 acres of sugar cane for a luxury apartment house in Dallas and 27 acres of Honolulu waterfront for one acre over looking San Francisco's Union Square, where the aging Plaza Hotel will be razed for an office building. The corporation intends to build a $26 million, 43-story office building on the downtown...
Broken Leg. The Dillingham empire began when New England-born Benjamin Franklin Dillingham, first officer on a schooner, broke his leg in a fall from a horse while visiting Hawaii in 1865-and watched his ship sail away without him. Making the best of things, he married a missionary's daughter, bought a hardware store and gradually expanded his holdings into lands, crops, herds and a highly profitable railroad. Son Walter expanded the empire further with Hawaiian Dredging and Construction, the cornerstone of the corporation today. The Dillinghams helped build U.S. Pacific airstrips before and during World...
Because of his turn-of-the-century conservatism and his great bulk (247 Ibs), Republican Benjamin Franklin Dillingham II, 46, is devastatingly described as "a fat old young man." Running for the Senate seat vacated by retiring Democrat Oren Long, Dillingham never had a chance against Representative Daniel Inouye, 38, slum child, war hero, first U.S. Congressman of Japanese descent, New Frontiersman ("To be President-Kennedy's rubber stamp is an honor") and by far Hawaii's top vote-getter. If there had been any doubt, it vanished when the Honolulu Advertiser, of which the Dillingham family owns...