Word: niarchoses
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WORLD'S BIGGEST SHIP, a 106,000-ton tanker, will be built for Spyros Niarchos at Bethlehem Steel shipyards in Quincy, Mass. Giant ship is expected to go into service in 1958.
Six thousand feet up in the Swiss Alps, in St. Moritz' Palace Hotel, 1,000 guests washed down a dinner of caviar and filet mignon with vintage champagne, then danced the night away until 7 in the morning. Among the merrymakers were Shipping Tycoon Stavros Niarchos, Cinemastars Linda Christian...
Palace rates are reasonable-$25 a day in midseason for a good room with meals -but many guests spend a great deal more, often throw little parties for 30 or 40 friends, pick up a $4,000 check. Once, tiring of the Palace's three orchestras, Niarchos and Chilean...
No shipowner keeps a closer watch on tomorrow than Stavros Niarchos. He is building four dry cargo ships against the day, some five years hence, when the last wartime freighters start vanishing from the seas. He is exploring the possibility of roll-on, roll-off ships, and has already ordered...
Despite his millions, Niarchos still remains a modest man. "People ask me," says he, " 'If your brother-in-law is worth $150 million, what are you worth?' I say. 'Maybe minus $150 million.' You can never tell what ships are worth. Why someday I may even...