Word: million-dollar
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...horse must still win races to acquire value. But the big payoff is now in the breeding barn. In the '50s a horse who won $1 million in purses was worth $1 million as a stallion. Today a million-dollar winner is worth $20 million at stud. One outstanding example is Northern Dancer, whose offspring Sangster often buys. Almost gelded because of his questionable conformation and rank temperament, the 1964 Kentucky Derby winner is now the world's greatest living superstud: 85 of his progeny (one in five) are stakes winners. His going rate...
...unmatched array of rare and valuable paintings; of cancer; in London. Art historian, dealer and critic, Carritt had an unerring eye that enabled him to buy a misattributed Fragonard masterpiece at a public auction, under the noses of other top experts, at a tiny fraction of its present million-dollar value. "When you've become familiar with the work of a master, it's like recognizing a friend's handwriting," he once said. Among his finds were five Francesco Guardi canvases rolled up in an Irish country shed; two Tiepolo ceiling paintings, one in the drawing room...
Andrew Farkas doesn't work in small numbers. As a compulsive and prodigious computer jock at the Trinity School in New York, he organized Data Mini-Systems Corporation, which provided software and hardware to small businesses and professional offices, and turned it into a million-dollar enterprise before giving it up to come to Harvard...
Aided by a million-dollar grant from the Environmental Protection Agency, the MDC completed in 1972 a $4 million treatment plant in Cambridge, near the Boston University bridge that had chlorinated and screened about a third of the sewage overflow before dumping it into the Charles. He added that a similar plant just downstream from the Boston Museum of Science began operating earlier this year...
Some agents say consular personnel have made a million-dollar business out of the illegal sale of U.S. visas-and are getting away with it, largely because State Department higher-ups are terrified of a scandal. In rebuttal, State Department officials insist that they are investigating 40 to 50 cases of suspected visa malfeasance, though only two employees have been prosecuted in the past four years...