Word: great-grandson
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Died. Irenee du Pont, 86, one of the world's wealthiest men (estimated empire: $400 million), longtime president and vice chairman (1919-40) of E.I. du Pont de Nemours & Co., world's largest chemicals company, a great-grandson of the founder, who with his late brothers, Pierre S. and Lammot, presided over the company's expansion during and after World War I from munitions manufacturing into paints, plastics, rayon and cellophane, plus a 23% stock interest in General Motors, worth some $3 billion when federal trustbusters finally forced divestiture last year; after a long illness; in Wilmington...
...symbolic statues in white marble, the misty murals-but the visitor seemed to be most interested in the check signed by Andrew Carnegie, the $1,500,000 gift that built the palace. Could he possibly be a relative? Well, yes, said Henry Carter Carnegie, 28. He was the great-grandson of Andrew's brother Thomas...
...eight states, he has determined just as firmly that managers are to decide what "middle income" means in their own localities. Competitors say that Straus has developed some of the best executives in retailing through Macy's training program and its habit of promoting from within. The great-grandson of one of Macy's pioneers, Straus began as a floorwalker in the women's corset department after leaving Harvard ('21). His son is now a Macy's vice president...
Nonsense! "It is nonsense to say Hachette has prevented anyone from creating a newspaper," says Robert Meunier du Houssoy, 75, president of the company and great-grandson of Founder Hachette. "Why don't other people just go ahead and found...
Died. Samuel Bayard Colgate, 65, president (1933-38) and chairman (1938-52) of Colgate-Palmolive Co., great-grandson of the toothpaste company's founder, who took over the top job when sales were sliding after a merger with soapmaker Palmolive-Peet n 1928, cut costs, and scrubbed up the business until, with profits on the rise, he was able to devote time to philanthropy, notably Colgate University, which changed its name in 1890 because of Colgate family endowments: of a heart attack: at his estate on Contentment Island, in Darien, Conn...