Word: entrepreneur
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Dates: during 1970-1979
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...takeover affects 26 foreign-owned tea plantations, 20 of them British, and 15 businesses that make or sell everything from cigarettes to detergents. All but one of the businesses are wholly or partly British owned. The exception is International Television Sales, which is owned by an American entrepreneur named Harry Engel. He was expelled from Uganda last month after Big Daddy decided that he was really an Israeli...
...Kenji Osano, one of the most powerful and controversial Japanese entrepreneurs, the results of December's national elections were bittersweet. As a close friend of, and chief political fund-raiser for, Prime Minister Kakuei Tanaka, Osano, 55, could bask in reflected glory. But as a free-wheeling entrepreneur who has done remarkably well under the long-governing Liberal Democratic Party, he had cause for concern about its losses in the Diet. He could also ponder the gains of Communists and Socialists, who intend to push harder their charges that he uses his personal and business relationship with Tanaka...
Riding the Wave. Marcel Bich is a stubborn, opinionated entrepreneur who inherited his title from his forebears in the predominantly French-speaking Val D'Aoste region of northern Italy. He abhors technocrats, computers and borrowing money. At 58, he attributes his business successes to his refusal to listen to almost anyone's advice but his own. Bich says that his philosophy has been to "concentrate on one product, used by everyone every day." Now, however, he is moving toward diversification. A disposable Bic cigarette lighter that gives 3,000 lights is being test-marketed in Sweden...
...formed the nucleus of the Litton Industries conglomerate; of heart disease; in Carson City, Nev. After his original company grew to annual sales of $3,000,000 and became a rival to established electronic firms in the East, Litton sold his interests for $1,000,000 in 1953 to Entrepreneur Charles B. ("Tex") Thornton. While keeping the Litton name, Thornton transformed the company into a versatile giant which in 1971 had sales of over $2 billion...
...Zilkha is a multinational entrepreneur. An Iraqi-born Jew, he was educated at Williams College in Massachusetts, is a U.S. citizen, and lives in England. After spending 15 years in the Manhattan, London and Paris offices of his family's banking business, he decided that "I wanted to do something more exciting." Backed by the family's money, he bought some drugstores and tacked on maternity and child-care sections. He soon concluded that mothers prefer stores that sell only baby products and have clerks who are expert in such matters as maternity undergarments and baby carriages. "Mothers...