Word: towboat
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Dates: during 1970-1979
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...TOWBOAT JESSE. When Jesse Brent launched his career on the Mississippi in the late 1930s, riverboats accounted for just 2.5% of America's interstate freight. Now they carry 16%. Brent, a short, wiry man of 64, foresaw the boom and cashed in on it. His net worth stands at some $10 million -enough, he says, to buy "all the whisky and steaks I want," with plenty left over for philanthropy in his home town of Greenville, Miss. The wealth comes mainly from Brent Towing Co., whose 48 barges and 13 towboats make it one of the largest privately owned...