Word: gulbenkian
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...British-controlled Royal Dutch-Shell (23¾%); Jersey Standard and Socony-Vacuum, through their jointly owned Near East Development Corp. (23¾%); the French Government through its Compagnie Française des Petroles (23¾%). The only individual is a mysterious Armenian financier, Calouste S. Gulbenkian, whose 5% gives him a distant claim to the title of the "world's richest...
...recently as 1929 he had seen September Morn in Mantacheff's Paris home, that Mantacheff related how he smuggled the canvas out of Russia. Last week newshawks in Paris found Mantacheff, learned he had sold the painting a year ago for 90,000 francs to Calouste Sartis Gulbenkian, a naturalized Briton, born in Armenia, who made a fortune by wangling a 5% share in the Irak oil concessions (TIME, Dec. 12, 1932). September Morn hangs in his home at No. 51 Avenue Sena. Said Mr. Gulbenkian's secretary: "Please be kind enough to tell the world that...
...troles, in which the French Government has big holdings; and the U. S.'s Near East Development Corp., owned by New York's and New Jersey's Standard Companies and Gulf Refining Co. A final non-voting 5% went to a mysterious Armenian named C. S. Gulbenkian who was active in securing the Irak concession...
...seemingly set at rest by the San Remo treaty of 1920. This left the U. S. out of consideration and was so vigorously protested that the British, French and Dutch interests eventually permitted the U. S. a quarter share of the work and rewards. But one Calouste Sarkis Gulbenkian, Armenian banker, millionaire and onetime business agent of defunct Sultan Abdul Hamid, held a neat 5% of the Turkish Petroleum Co., under whose 75-year exploitation concession the internationals intended to operate...
...Gulbenkian has now been persuaded to surrender his 5% and take instead a royalty on production...