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...Under the reorganization plan, he will continue to represent the interests of the Moet, Hennessy and related families, which together control 20% of the company. Racamier, another former steel executive, will speak for the Vuitton interests, which control 30% of the merged firm. Married to a Vuitton heiress, Racamier led the concern for the previous decade and propelled sales from less than $15 million in 1977 to more than $380 million in 1987. He engineered Vuitton's purchase of Veuve Clicquot champagne and Givenchy perfumes in March 1987, and last June agreed to acquire Givenchy fashions this fall. From...

Author: /time Magazine | Title: Do Champagne and Luggage Mix? | 8/22/1988 | See Source »

...young woman of sweet substance (Elisabeth Shue) for life on a leash held by a rich bitch (Lisa Banes). Act III: See Tom furrow his boyish brow in a moment of reflection and win the girl of his revised dreams. Sure, fine, why not? Love with the proper heiress propelled many an affable screwball plot in the '30s, when stars made a new movie every few months and one more airy, romantic comedy was no big deal...

Author: /time Magazine | Title: Cinema: Cruise + Booze = Big Snooze COCKTAIL | 8/8/1988 | See Source »

...purloined heiress was in town to promote Paul Schrader's oneiric docudrama about one of the century's most notorious kidnapings. Like Bird, Patty Hearst fails to explain a controversial public life. Rather, it displays her ordeal in the stark, uninflected images of a catatonic's nightmare. Natasha Richardson is nifty as Hearst, who came to Cannes to praise Schrader for creating something more complex than a "sex-and-guns-and-rock-'n'-roll epic." But the film could have used more of all three. By denying Patty Hearst a point of view, Schrader has taken a mug shot instead...

Author: /time Magazine | Title: Show Business: Clint, Brits And Kids at Cannes | 6/6/1988 | See Source »

...fact, the First Lady's oracle is San Francisco Heiress Joan Quigley, author of three books on astrology, including Astrology for Teens (written under the pseudonym Angel Star). Her name surfaced in Friday's San Francisco Chronicle, which carried a brief item speculating that she might be Mrs. Reagan's astrologer. Interviewed Saturday aboard a New York-San Francisco flight, Quigley told TIME that she was first introduced to Nancy Reagan by TV Talk Show Host Merv Griffin in the early 1970s, and has provided the Reagans with suggestions about the timing of various political events ever since...

Author: /time Magazine | Title: Nancy Reagan's Astrologer | 5/16/1988 | See Source »

Dating is often a source of anxiety, particularly to women attracted to men of lesser means. "I've had to make certain choices in seeing men who don't have as much money as I do," says one Atlanta heiress. "For example, driving on vacation instead of flying. But some wealthy women measure how many rungs of the ladder a man has climbed." Others are paralyzed by fear of being used by potential lovers or marriage partners. Declares Wilkin: "You can get paranoid and stay home and watch TV and eat bonbons...

Author: /time Magazine | Title: Behavior: The Woes of Being Wealthy | 2/29/1988 | See Source »

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