Word: mogul
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Dates: during 1980-1989
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Many of the well-heeled members of the suburban gentry go to more extravagant lengths. Cableland, the 30-room mansion built by Cable TV Mogul Bill Daniels in Denver, has a bandstand in the living room. A $20 million home in Bel Air, Calif., owned by a Los Angeles developer and a partner, has a 55- ft.-long aboveground swimming pool on a terrace. The pool has underwater windows that give swimmers a spectacular view of the Los Angeles Basin. In Lake Forest, Ill., a 38-year-old consumer-electronics salesman has installed both a waterfall and a swimming pool...
...million, 147-ft. world- class motor yacht. When renowned Manhattan Jeweler Harry Winston wanted to lay some choice diamonds before J. Paul Getty Jr. and Henry Ford II down in Palm Beach, Fla., he decided to rent the Atlantique as a 131-ft. floating showcase. And when Magazine Mogul Malcolm Forbes wants to mix celebrities like Barbara Walters and Henry Kissinger with advertising tycoons, he lures them with the offer of an evening spin around Manhattan aboard the Highlander V, his 150-ft. seagoing palace. "It's worth the cost," maintains Forbes. "It has much more appeal than an evening...
DIED. Joseph E. Levine, 81, flamboyant movie mogul (The Graduate, The Producers, Carnal Knowledge); in Greenwich, Conn. Levine got his start in the 1950s by distributing films, later financing Federico Fellini's 8 1/2. Levine was involved as producer, distributor or backer in 500 films...
...Herbert Lipson. According to insiders, Lipson wanted Amsterdam to meet with advertisers and sought more control over covers. Felker's challenge will be not only to sustain Amsterdam's success but to get along with Lipson. Felker's track record with owners is mixed: after first approaching Media Mogul Rupert Murdoch to buy shares in New York in 1976, he bitterly fought Murdoch's purchase of the magazine. When Murdoch prevailed, Felker quit...
...industrial and media properties through his holding company, Bell Group (1986 revenues: $1.5 billion). From that base, he has launched sallies against Broken Hill Proprietary, a huge Australian steel, oil and gas producer, and other big firms. A few months ago he engaged in a bidding war with Media Mogul Rupert Murdoch over the Herald and Weekly Times, Australia's largest media group. Last August Holmes a Court disclosed that he was seeking a 15% stake in USX, the steel giant. As takeover speculation pushed the price of the stock upward, he reportedly took a profit on a block...