Word: tycoons
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Dates: during 1960-1969
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...WEDNESDAY. Anyone would swear that Sandy Dennis was a child bride, except that in this blithehearted bedtime story she is the mistress of a busy tycoon...
View from the Back. A strapping (66 in. tall at the withers) three-year-old bay owned by San Francisco Real Estate Tycoon George Pope Jr., whose Decidedly won the 1962 Derby, Hill Rise has won six races in a row, including February's $132,400 Santa Anita Derby. Jockey Shoemaker was in that race-aboard Rex Ellsworth's highly touted The Scoundrel, a powerful, stretch-running colt that tied the Santa Anita track record for a mile in an afternoon workout. The Scoundrel finished fifth, seven lengths behind Hill Rise. And it was that view from...
...raise the needed capital, Groves set up the Grand Bahama Port Authority, Ltd.; he sold one 25% interest to a London holding company headed by British Hardware Tycoon Charles Hayward, another 25% to a New York group led by Investment Banker Charles Allen. To build the hotel and supply the other resort and residential amenities, the Port Authority organized the Grand Bahama Development Co., Ltd. with Canadian Entrepreneur Louis Chesler. The Port Authority put up $2,000,000 and 100,000 acres, Chesler $23 million. Today the $100 million pleasure isle is slowly taking shape...
Died. Jack Cotton, 61, British property tycoon, a Birmingham urban developer who changed his native skyline so drastically that by 1950 residents joked about Birmingham "B.C." (before Cotton), in 1960 merged with London Financier Charles Clore to form the world-girdling, $1 billion City Centre Properties Ltd. (whose assets include 50% of Manhattan's Pan Am building), but soon found Clore a bore and, seriously ill, sold out to the Clore corps last year; of a heart attack; in Nassau...
...acres of rolling Kentucky bluegrass are worth some $3,500,000-and that's not even counting the 18-room manor house, 36 outbuildings and 23 miles of white oak fences. The estate was inherited from his family by Mrs. Markey's first husband, Chicago Tycoon Warren Wright, in 1931, three years after he had sold his controlling interest in Calumet Baking Powder Co. for $29.2 million. He insisted, nonetheless, that the farm show a profit. Wright spent as much as $75,000 on a single brood mare, hired experts to chart thoroughbred blood lines, handpicked every employee...