Word: tycoons
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Dates: during 1960-1969
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Last week the last act came for the Roxy. Manhattan Real Estate Tycoon William Zeckendorf announced that for $5,000,000 he had bought the theater from Rockefeller Center Inc., which bought the Roxy in 1956. He plans to tear it down to build a $12.5 million, 900-room, 600-car-garage addition to his Taft Hotel, making it one of the largest hotels (2,500 rooms) in New York. Zeckendorf, who, like other large realty operators, has had trouble rounding up all the financing needed to construct his 2,000-room Zeckendorf Hotel, is still negotiating the financing...
Into the slightly tarnished Casino of Monte Carlo one evening shuffled Sir Winston Churchill, a sometime gambler spending a quiet vacation (on doctors' orders) in Monaco. At Sir Winston's side was Shipping Tycoon Aristotle Socrates Onassis, owner of 42% of the Casino's stock. Churchill bought a modest stack of light blue ($1) chips. After two hours devoted to the impassive scrutiny of a spinning roulette wheel and the cards in another game called trente et quarante, the two departed. Churchill was an estimated $35 richer, Onassis $15 poorer. Two afternoons later Sir Winston was back...
...purchasing power of the ruble varies for different commodities and since education and medical care are virtually free, the figures tell only part of the story.) The Red executive earns his ulcer by worry over matters strangely similar to those that furrow the balding brow of the U.S. junior tycoon. One significant difference: not the stockholders' meeting but the Communist Party plant meetings must be kept happy...
Married. Antenor Patino, 65, Bolivian tin tycoon, one of the world's richest men, who chased (1954) his daughter to Edinburgh, spread money at all levels, from cab drivers to lawyers, in a celebrated but futile effort to prevent her marrying Londoner Michael Goldsmith; and Italian Countess Beatriz di Rovasenda, 47; both for the second time; in London...
...Hong Kong's Cafe de Chine, 500 guests sat down to a lavish celebration that included a 14-course dinner, scenes from Peking operas, Soochow poetry recitations, drinking and dancing. The host was Insurance Tycoon Cornelius Vander Starr, 67, and the occasion was the 40th anniversary of his insurance company, the largest independent international insurance agency in the world, with branches from Paris to Phnom Penh. Starr, who started his business in the Far East, could well afford the celebration. Last week his American International Insurance Corp. reported that in 1959 it collected $155 million in life and general...