Word: onassisism
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Onassis lunched with the Prince several times, made himself useful around the palace to the extent of finding a 137-ft. diesel yacht for Monaco's boss. "People said I gave him a yacht," said Onassis. "Poof! He paid for it, 51 million francs, about $125,000." In any...
Grain & Tankers. The man who bought the bank at Monte Carlo started off as a D.P. from Smyrna after the Turks overran the city in 1922 and killed his father and other members of his family. Onassis had enough cash to buy passage for Argentina, where immigration restrictions were few...
For a while, Onassis' shipping company ran in the red. But by 1936 he was making enough money to order a 15,000-ton tanker built for him in Sweden, thus became, he claims, the first Greek shipowner to get into oil transport. During the war, with most of...
Onassis is still expanding fast, has 23 more tankers on order (for $130 million) all over the world, including a 45,000-tonner at Hamburg. By next year, he will control 1,250,000 tons v. 750,000 now.
Onassis plans to move a staff of ioc into Monaco's Old Sporting Club building when it is remodeled next summer. He sees only one drawback to linking up with the Monte Carlo Casino, whose operations he will merely supervise from a distance. Says he: "We like to have...