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Died. Herman Brown, 70, salty founder and president of Brown & Root, Inc., multimillion -dollar-a-year construction firm, and one of the country's wealthiest men, with a personal fortune estimated at $100 million; of a heart attack; in Houston. Brown & Root's most recent spectacular is a $30 million Mohole contract to drill into the earth's core, but Brown's greatest source of pride was a 1942 U.S. Navy contract to build and operate a shipyard, deliver a specified number of ships by a specified date. Brown & Root had never built a ship...

Author: /time Magazine | Title: Milestones: Nov. 23, 1962 | 11/23/1962 | See Source »

...WEALTHIEST CITY: Shaker Heights (pop. 36,460), near Cleveland, with a median family annual income* of $13,933. Second: suburban Wilmette, on the North Shore near Chicago...

Author: /time Magazine | Title: Statistics: The Most & the Least | 11/9/1962 | See Source »

Rockefeller is one of that little group of men who sit at the financial hub of the world's wealthiest nation and by their nods give the stop or go sign to enterprises from Bonn to Bangkok. They wield vast powers?and yet must correctly size up situations around the world and reckon on economic and social changes bigger than their own power to control. They cannot sit still or their strength diminishes; but when they move, they must be nimble as well as sure...

Author: /time Magazine | Title: Banking: Man at the top | 9/7/1962 | See Source »

...invented by Founder and President David Schwartz, 60, a grey-haired, broad-browed, restless man with a voice like the horn on a Staten Island ferry. Born in Harlem to Russian immigrants, he broke into the rag business 47 years ago as a messenger, has become one of its wealthiest titans. He roams and roars through Jonathan Logan's head offices, darting into showrooms to glad-hand buyers, dashing into design rooms to tug at fabrics and study new lines. He is kindly but curt. "Do me a favor," he shouts to an interloper in the company...

Author: /time Magazine | Title: Corporations: Jumpers at Jonathan Logan | 8/31/1962 | See Source »

...Bread. Kerr's tremendous influence in the Senate is the sum of many factors, not the least of which is his utter self-confidence. This in turn is nourished by the fact that he is the wealthiest man in the Senate. An oilman (Kerr-McGee Oil Industries, Inc.), he has a personal fortune of more than $35 million and owns or controls, through Kerr-McGee, about 25% of all known uranium reserves...

Author: /time Magazine | Title: Oklahoma'S: Man of Confidence | 7/27/1962 | See Source »

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