Word: geld
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Dates: during 1960-1969
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Salon from Ford? By far the most powerful-and conspicuous-elite in present-day Germany is, of course, the Geld-aristokratie, the new industrial plutocracy whose yellow Mercedeses and Chris-Craft cruisers have largely replaced the Iron Cross and the dueling scar as status symbols. The new upper crust is personified by such tycoons as Rudolf August Oetker, who parlayed a baking powder business into a 100-company empire; Hans Giinther Sohl, who as boss of Thyssen since war's end has turned a family ironworks into West Germany's biggest steelmaker; and Munich's Rudolf Miinemann...