Word: pagliai
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...Bruno Pagliai-Merle Oberon, that is-padded prettily across the rug, with its fanciful design of chimpanzee, parrot and elephant, on her way to the telephone ringing in the bookcase behind a Chinese print. "Yes, darling, I know," she cooed happily. "They say the weather is simply frightful just about everywhere in the world...
...Pagliai's personal fortune of at least $50 million is eloquent testimony to the opportunity Latin America offers to those who dare and who know how. "I give away lots of money and I spend lots," he says with an impish grin. "What the hell...
...learned the banking business from cage to vault at San Francisco's Bank of Italy under the immigrant Gianninis, and turned a substantial fortune speculating in stocks. On vacations in Mexico, he struck up a profitable palship with Manuel Avila Camacho, who, on becoming President in 1940, invited Pagliai to settle in Mexico and helped him start Mexico City's splendid Hipodromo de las Americas race track on an army parade ground. Avila Camacho's successor, Miguel Aleman, also became friendly with Pagliai, helped him to form his seamless tube company, TAMSA, in 1952, the year Aleman...
TAMSA made a profit from the very beginning by selling pipe to Mexico's Pemex national oil monopoly, last year earned $4,500,000. Most of Pagliai's deals interlock in some way. Pagliai has helped to finance TAMSA's export sales through a finance company, Intercontinental S.A., that he created with the capital aid of such cronies as Germany's Alfried Krupp and big U.S. Investment Banker Charles Allen. Intercontinental S.A. has helped finance foreign investments in Mexico and raise large foreign loans for the Mexican government as well as for Pagliai...
Acquisitive Urge. Pagliai lives like the fiscal prince that he is. His showplace home in suburban Mexico City is a white brick Georgian mansion, graced with 14 live-in servants and 50 imported Italian umbrella cypresses planted in holes blasted into lava rock. Besides collecting pesos, he acquires Dresden figurines, Chinese jade, Venetian glass and ancient Spanish books that he often pores over until 2 a.m. His house also shelters Mexico's most distinguished selection of wines (7,000 bottles) and its finest private art collection-El Greco, Botticelli, Van Dyck, Dali, Diego Rivera-as well as Pagliai...