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...salary and commissions were not enough. Dumke got in at the start of the uranium boom and bought options on 400 claims in Utah's Big Indian district, sold them at a fat profit. Muir also cleaned up in uranium; he bought a big block of Lisbon Uranium Co. stock at 20? a share, saw it rise to $7. Light played the Big Board with equal success...

Author: /time Magazine | Title: Business: The Youngsters | 10/10/1955 | See Source »

...they are stroking the lady herself with such skill that she begs him to steal the rest of her valuables too. He obliges. And so it goes, until Felix is off on a world tour with the title of marquis (bogus) and letters of credit (genuine) on banks from Lisbon to Singapore...

Author: /time Magazine | Title: Books: An Old Man's Art | 9/19/1955 | See Source »

Died. Calouste Sarkis Gulbenkian, 86, Armenian oil baron; of a heart attack; in Lisbon, Portugal (see BUSINESS...

Author: /time Magazine | Title: Milestones, Aug. 1, 1955 | 8/1/1955 | See Source »

...public gaze as the vast, subterranean oil pools on which his huge fortune was built. Gulbenkian, a square, bald man of medium height and undistinguished mien, liked it that way. "I have only one friend," he said once, "and his name is solitude." Last week, in the spacious, ornate Lisbon hotel suite where he lived since 1942, Calouste Gulbenkian, 86, slipped quietly out of the world of the living, still grasping the hand of his only friend...

Author: /time Magazine | Title: OIL: Mr. 5% | 8/1/1955 | See Source »

...treasures, ranging in taste and quality from the finest of Rembrandts to Paul Chabas' famed and wishy-washy September Morn. In his last years, even their owner seldom saw them. Separated from his wife, Gulbenkian lived alone with a staff of retainers in his suite in Lisbon's Hotel Aviz. His rooms were furnished as drearily as a business office, and Calouste Gulbenkian's only diversion in his decline was the manipulation of his great power. The chief beneficiary to whom he turned over the fortune he loved to play with was a paper image of himself...

Author: /time Magazine | Title: OIL: Mr. 5% | 8/1/1955 | See Source »

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