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...Goldsmith is fiercely anti-Communist, extravagantly so. "Jimmy believes," says an old friend, "that the KGB is using the global media to destabilize public opinion and spread lies." Goldsmith is just as fiercely critical of the business establishment, which he calls corpocracy. Big companies, he says, are in league with big government and big unions to stifle change and progress. "With the return of the Democrats to power over both houses of Congress," he says, "you are once more suffering the outrages of that triangular alliance...

Author: /time Magazine | Title: The Lucky Gambler: Sir James Goldsmith Is a Billionaire Buccaneer | 11/23/1987 | See Source »

...then there is AIDS. Goldsmith repeatedly brings it up in conversations. He believes it threatens to kill most of the human race -- "it could be up to 98% of mankind." This champion of individual enterprise urges that the U.S. join with the despised Soviets and "pool their resources in a massive research effort to find a way to prevent the spread of AIDS." "The thing about Jimmy," says Olivier Todd, whom Goldsmith fired as editor of L'Express for favoring the Socialists in the 1981 election, "is that he's an English eccentric in the best sense of the term...

Author: /time Magazine | Title: The Lucky Gambler: Sir James Goldsmith Is a Billionaire Buccaneer | 11/23/1987 | See Source »

...looks ahead, Goldsmith sees grim possibilities. He thinks the U.S. leaders may be "surrendering their economic power to Japan and military power to Moscow." But then doubts recur. He clutches again at his amber and gnaws on the butt end of a cigar. "I used to be so sure," he says. "Now I'm in a period of total lack of certainty...

Author: /time Magazine | Title: The Lucky Gambler: Sir James Goldsmith Is a Billionaire Buccaneer | 11/23/1987 | See Source »

What will Goldsmith do with his billion or so in these uncertain times? Perhaps Goldsmith himself does not know. "He's very superstitious," says a colleague who knows him well. "He won't open an umbrella inside the house. He believes in luck. He believes in fate. From all that has happened, he has good reason...

Author: /time Magazine | Title: The Lucky Gambler: Sir James Goldsmith Is a Billionaire Buccaneer | 11/23/1987 | See Source »

PROFILE: Sir James Goldsmith is not exactly your standard- issue billionaire...

Author: /time Magazine | Title: Time Magazine Contents Page | 11/23/1987 | See Source »

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