Word: tycoons
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Dates: during 1940-1949
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Strange Outing. One day in midtrial, Banker John Anderson, friend and confidant of Sir Harry's, took the reporters on an excursion to Hog Island to admire Shangri-La, the fabulous estate of Swedish tycoon Axel Wenner-Gren. U.S. and British black listings keep this nimble friend of Millionaires Hermann Goring, the Duke of Windsor, Sir Harry Oakes and many another in Mexico for the duration, but the reporters found 17 gardeners tirelessly pushing back the lush jungle growth, awaiting the end of the war and the master's return. One or two reporters wondered whether the excursion...
...world's biggest cinema company. In the comparable Swebilius fiscal year, ending Nov. 30, 1941, Gus Swebilius paid himself $631,809. In the next twelvemonth Mayer increased his lead with a gross take of $949,765, but Swebilius was still second, with $499,148. (After taxes, minor tycoon Swebilius will have not more than $85,000 of his 1942 take...
...Manhattan, dark, scowling Utili-tycoon Samuel Wilson Murphy, president of huge Electric Bond & Share Co., wound up his annual stockholders' meeting last week with a solid challenge to partisans of Federal power. His down-to-earth suggestion: private capital would be glad to buy up publicly-owned utility plants (now one-eighth of the industry), thereby giving the Government 1) billions for debt retirement; 2) annual millions in tax revenues...
...Minister to London, Juan March (presumably in Portugal) grumbled: the Spanish Civil War is not over, because political prisoners are still held and there is no real unity in the country; Spain's future depends on restoration of the monarchy with support of the Leftist parties. Tycoon March denied having an active role in the movement to restore the monarchy...
Globe-trotting Swedish Tycoon Axel Leonard Wenner-Gren went into economic and diplomatic eclipse 18 months ago when the U.S. and Britain black-listed him and his fabulous array of world enterprises (TIME, June 29, 1942). Last week, on an hacienda outside Mexico City, Hermann Göring's onetime friend was busy with earthy new interests. He was experimenting with the breeding and raising of hogs, poultry, sheep and dairy cattle-still with a pale blue, acquisitive eye on postwar opportunities. True to Wenner-Gren tradition, he bought not one hacienda but a half dozen...