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Last week the family revealed that it has completed the sale of 90% of its remaining silver hoard, amounting to some 53 million oz., for $320 million. The sell-off represented a multimillion-dollar loss for the Hunts, whose combined wealth had slipped from more than $5 billion in 1980 to about $2.2 billion before the sale...

Author: /time Magazine | Title: Commodities: The Hunts Dump Their Silver | 10/14/1985 | See Source »

DIED. Laura Ashley, 60, Welsh-born designer who with her husband Bernard turned her Victorian-inspired, flower-sprigged fabrics into ruffled, romantic fashions and a multimillion-dollar international clothing and housewares empire; of head injuries sustained in an accidental fall; in Coventry, England. What began in 1953 with tea towels silk-screened on the kitchen table of their London flat and sold to local shops became in 1967 the first Laura Ashley shop in London and is today a family-run business encompassing more than 200 shops from Milan to Melbourne, 70 of them...

Author: /time Magazine | Title: Milestones: Sep. 30, 1985 | 9/30/1985 | See Source »

...attempt to take over ABC which he ultimately gave up because it would have required him to leave his penthouse and make a personal appearance before the Federal Communications Commission; his frantic efforts under both Lyndon Johnson and Nixon to stop nuclear testing in Nevada and his offers of multimillion-dollar bribes to both if they would: the transfusions of pure Mormon blood he regularly purchased from Salt Lake City because they made him feel so good; his Thanksgiving 1970 top-secret "escape" from Nevada to the Bahamas, whence he conducted his operations until his condeine-ravaged, 94-pound body...

Author: By Peter J. Howe, | Title: Uncovering the Truth | 5/1/1985 | See Source »

Kronberg, the project's director since 1976, coordinated funding for the multimillion dollar renovation from a variety of city, state, federal and private sources...

Author: By Rebecca W. Carman, | Title: Historic Building To Open Its Doors to City's Multicultural Arts | 4/9/1985 | See Source »

...Hearst Corp.) acquired the programming of the defunct Entertainment Channel, A&E is in the midst of a major push for viewers and visibility. During the first three months of this year, the network is introducing 45 new programs or series and has launched a multimillion-dollar national advertising campaign to promote them. More than 12 million cable homes now receive some or all of A&E's 20-hour-a-day schedule, usually as part of their basic cable service. Though viewership is still a tiny blip on A.C. Nielsen's meters, A&E is hanging...

Author: /time Magazine | Title: Video: A Tough Sell for the Arts | 3/11/1985 | See Source »

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