Word: philanthropist
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...Dividend" is the brain child of Eugenio Mendoza, 56, Venezuela's leading industrialist and philanthropist, who made a fortune in lumber, paper products, cement and construction (TIME, April 12). When Mendoza first suggested his Dividend idea several years ago, only a few businessmen warmed to it. But enthusiasm grew as far-leftist terrorists stepped up their attacks on business. "You either solve the problems of the masses," Mendoza warned, "or they solve them...
Died. Waite Phillips, 81, Oklahoma oil millionaire and philanthropist, brother of the two founders of Phillips Petroleum Co., who himself struck it rich wheeling and dealing in oil properties during World War I, formed his own Waite Phillips Co. that he sold in 1925 for an estimated $40 million, branched into office buildings, ranching and banks (cofounder of Tulsa's largest, the First National Bank and Trust), then gave his 127,000-acre ranch Philmont and Tulsa's 23-story Philtower to the Boy Scouts, donated most of his other real estate to worthy causes, and retired...
...With 686,152 shares, Sloan is General Motors' second largest private shareholder after Michigan Philanthropist Charles Stewart Mott (TIME, June 28). Sloan has contributed heavily to the Alfred P. Sloan Foundation (basic scientific research) and to the Sloan-Kettering Institute (cancer research...
...inherited his wealth from his father, Louis Kirstein, philanthropist and vice president of Boston's Filene's department store until his death...
Large and jolly Victor Lord Roth schild, 53, the titular head of the Brit ish family, is a Cambridge don who has made a mark as philanthropist, scien tist and Labor peer, is also chairman of Shell Research. An expert on fertili zation, he once astonished BBC-TV viewers by bringing before the cameras an enormous model of a human sperm. (His daughter Emma, 15, this year be came the youngest woman ever admitted to Cambridge.) Like many Roth schild men and women who have made a tradition of volunteering for hazardous duty in wars from 1870 onward...