Word: skourases
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Dates: during 1960-1969
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In the wide-screen way that he made famous as boss of 20th Century-Fox, Spyros P. Skouras once wired a troubled friend: "NO MARINER EVER DIS TINGUISHED HIMSELF ON A SMOOTH SEA." Now, at 75, the man who launched Titanic is in the midst of a real-life sea...
The $44.5 million purchase, which awaits Maritime Administration approval, will enlarge the Skouras fleet by more than four times its present size.
Profit on the Seas. Even then, the Skouras armada will not exactly threaten that of the more golden Greeks, Aristotle Onassis (more than 100 ships) or Stavros Niarchos (65). Still, it will do what few of its American rivals have done in recent years: turn a sizable profit. Last year...
...Skourases got into shipping in a major way only by accident. Back in the early '50s, when Prudential Lines' Founder Stephen D. Stephanidis encountered financial troubles, Spyros Senior and some others bailed out their fellow Greek immigrant by taking a financial interest in the line. By 1960, Stephanidis had died unexpectedly, the others had sold out, and Skouras wound up as Prudential's sole owner. His son, bored with running a string of 75 New York-area theaters, decided to try his hand at directing the line...
...advice in his own peculiar Greco-American, calling businessmen and most other people "big sots"-his way of saying big shots. He remains chairman of 20th Century-Fox, but the post is largely honorific. Having sold or given away much of the $6,000,000 interest that the Skourases had in Fox, he laments that "I'm in debt up to my neck because of this shipping business." Translation: he revels in his new role as a maritime...