Word: industrialist
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...century ago, miserly August Thyssen gained hold of high-grade ore supplies in Sweden and France and built ore-skimpy Germany into a major steel power. His son, Fritz Thyssen, was the first industrialist to support Hitler, but in 1939 denounced him and spent most of the war in a Nazi internment camp; he died in 1951. Fritz Thyssen's widow, Amelie, now 85, proved resourceful: she found loopholes in the Allied decartelization decrees and gradually welded together much of the old steel dynasty. From her Bavarian castle, Frau Thyssen today controls 52% of Phoenix stock...
Died. Emile Bustani. 55, founder and chairman of Lebanon's $60 million Contracting & Trading Co. (CAT), the Middle East's biggest and most important industrialist, a friend of the West who was a firm advocate of inter-Arab economic development; in the crash of his private plane; in the Mediterranean near Beirut...
...matter how impressive the hotel roster, it is the chalet owners around whom most of Gstaad social life is centered; the at-home set includes such long-time residents as the Earl of Warwick, Conductor Efrem Kurtz, Violinist Yehudi Menuhin and Swiss Industrialist Louis Chopard, whose wife Nancy specializes in international parties usually attended by at least one countess. One successful hostess, U.S. Freelance Photographer Nancy Holmes, featured as house guests the Rex Harrisons, who made the night sky shake with a mambo in the snow. There are some 250 chalets dotting the valley in and about the village...
...Industrialist Frank Kearton, 51, managing director of Courtaulds, Ltd., has boosted profits 25% in the last six months. Balding, bespectacled Kearton took a First in natural science at Oxford, flies 100,000 miles annually on Courtaulds business (which includes building four textile plants in Russia), and everywhere plugs his credo: "Make fiber cheaper than anyone else in the world, and don't market it until you can. Then you damned well get up, get out and sell, sell, sell...
...Industrialist Sir Leon Bagrit, 60, believes that automation "is a matter of life and death to this country. It is to the second industrial revolution what the harnessing of power was to the first. Because we were the first in adopting new techniques 150 years ago, we have benefited ever since." Born of Russian-Jewish parents in Kiev, Sir Leon studied at London University, formed his own company in 1935, and since the war has headed the revamped firm of Elliott-Automation Ltd., which, outside the U.S., is the largest computer manufacturer in the world...