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...left his family, who by then had fled to Greece, and traveled by steerage to Argentina with less than $60 in his pocket. By the time he was 23, he had parlayed his earnings from odd jobs (such as dishwashing and working as a telephone lineman) into a million-dollar business that included cigarette manufacturing, dealing in rugs, hides and furs, and operating a decrepit tramp freighter. His formula: 20-hour work days, a penchant for juggling several deals at one time, an ability to unravel the complex maritime laws...

Author: /time Magazine | Title: GREECE: One of the Last Tycoons | 3/24/1975 | See Source »

...even use coherently. But the blame also lies elsewhere. For the past 15 years, every literate person in Europe and the U.S. has been molded by the incessant pressure of propaganda about art as a commodity: by museums which flaunt their directorial machismo by advertising the prices of their million-dollar acquisitions; by witless journalists whose only peg for discussing art is its price; by collectors who grub for investment; and by the horde of dealers, ranging from the little sharks to the dignified auction-room gents with faces like silver teapots, who have striven to give art the primary...

Author: /time Magazine | Title: Art: The Plunder of the New Barbarians | 3/10/1975 | See Source »

Harvard's share of the million-dollar estate left by late political journalist Walter Lippmann '10 will come to almost $800,000, according to Louis S. Auchincloss, the lawyer for the estate...

Author: By Emily Altman, | Title: Lippmann Bequest Valued At More Than $750,000 | 1/9/1975 | See Source »

...investment abroad. This year's expenditures include $700 million to the International Monetary Fund to assist nations with balance of payment problems and $350 million to the World Bank. Additionally, Iran this year has committed $7 billion worth of grants, loans and deposits against future purchases from a dozen countries, including Britain and France. For an estimated $100 million, the government recently bought 25.04% ownership of the steel-producing branch of West Germany's 162-year-old Krupp steel empire. In August the Shah endowed a million-dollar chair in petroleum engineering at the University of Southern California...

Author: /time Magazine | Title: IRAN: Oil, Grandeur and a Challenge to the West | 11/4/1974 | See Source »

...define the genre, of course, but they do measure its success: England's The Moody Blues, pioneers in the field, have sold more than 10 million records over the past six years; ELP and Yes, the most progressive of all such groups, each has between 8 and 10 million sales to its credit; the album of Wakeman's dramatic cantata Journey to the Centre of the Earth became a million-dollar seller in only six weeks...

Author: /time Magazine | Title: Music: Rock Goes to College | 9/23/1974 | See Source »

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