Greatest American Unternehmer und Geschäftsleute in den USA
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"Wir empfehlen Ihnen für Ihre Bemühungen zur Entwicklung und Verbesserung des Zugangs zu qualitativ hochwertiger Bildung Ressourcen, die Geschichte wird Verbesserung der Lehr-und Lernformen der Geschichte in den Schulen über diese Nation "- US Department of Education
Greatest American Unternehmer und Geschäftsleute in den USA
Es wurde gesagt, dass wenn man in den Vereinigten Staaten von Amerika geboren wurden Sie 90% des Weges waren auf dem Weg zu einem Erfolg. Die US-Mai bietet Chancen durch Freiheit, Demokratie und einer Kultur der harten Arbeit und Bildung, Wachstum und Erfolg fördert. Einige der größten Geister und wohlhabendsten Menschen im Laufe der letzten 200 Jahre wurden in geboren und / oder haben in den Vereinigten Staaten von Amerika lebte. Sie zeigen, wie diese großen Amerikaner arbeitete und lebte, wird es große incite in das, was es braucht, um sich in den USA erfolgreich zu geben.
Zusätzlich zu dieser Liste wurde auf der Grundlage folgender Kriterien: - Die meiste Zeit seines / ihres erwachsenen Lebens in den Vereinigten Staaten - Erstellt erheblichen Beitrag zur Wertschöpfung (ererbtes Vermögen wird nicht akzeptiert) - Angezeigte Verhaltensmerkmale beschrieben in Top Eigenschaften erfolgreicher Menschen - Revolutionierten nicht nur eine Branche, sondern auch verwandelte die amerikanische Kultur
Die Liste ist damit in chronologischer Reihenfolge auf das Geburtsdatum basieren.
Benjamin Franklin (17. Januar 1706 - 17. April 1790) wurde in Boston, Massachusetts geboren. Er war der zehnte Sohn des Seifensieder. Sein Vater für Benjamin Franklin vorgesehen sind, in den Geistlichen geben. Allerdings könnte Josiah Franklin nicht leisten. Junge Benjamin Franklin liebte es zu lesen. Er wurde ein Lehrling zu seinem Bruder James, der ein Drucker war. Er würde dazu beitragen, komponieren Broschüren, Typ gesetzt und verkaufen ihre Produkte in den Straßen.
Als Benjamin Franklin 15 war sein Bruder gestartet Die New England Courant. James 'Papier durchgeführt Artikeln, Stellungnahmen, Werbung und Nachrichten von Schiff Zeitpläne. Benjamin Franklin begann
Schreiben von Briefen in der Nacht und sie signiert mit dem Namen eines fiktiven Witwe, Silence DoGood die Beratung hatte und war sehr kritisch gegenüber der Welt um sie herum, insbesondere hinsichtlich der Frage, wie Frauen behandelt wurden.Er hätte die Briefe unter der Druckerei Tür schleichen nachts, so dass niemand wusste, wer schrieb die Stücke.Sie waren ein Riesenerfolg, und jeder wollte wissen, wer der eigentliche "Silence DoGood."
Im Jahr 1723 verließ Benjamin Franklin in seinem Haus in Boston nach New York zu gehen.Keine Arbeit finden, kam er schließlich in Philadelphia, wo er Arbeit gefunden als Lehrling Drucker.Er tat so gut, dass der Gouverneur von Pennsylvania, um ihm ein neues Unternehmen für sich selbst versprochen, wenn junge Benjamin Franklin nach London gehen würde, um den Druckvorgang Ausrüstung zu kaufen.Er wollte nach London gehen, aber der Gouverneur hat sein Versprechen nicht halten und Benjamin Franklin war gezwungen, mehrere Monate in England zu verbringen tun Print Arbeit.Nach seiner Rückkehr nach Philadelphia, versuchte er zu helfen, um einen Laden zu führen, aber bald ging zurück zum Sein eines Druckers Helfer.Er schließlich Geld geliehen und sich damit selbst in der Druckindustrie tätig.Benjamin Franklin arbeitete die ganze Zeit.Bald begann er immer den Auftrag für die Regierung Arbeitsplätze zu tun und begann gut.Zusätzlich zur Ausführung einer Druckerei, Benjamin Franklin und seine Frau lief auch ihren eigenen Laden verkaufen alles von Seife, um Stoff und er lief auch einen Buchladen.
Im Jahre 1729 kaufte Benjamin Franklin die Pennsylvania Gazette.Er druckte die Zeitung und oft trug Artikel auf das Papier unter Aliasnamen.Seine Zeitung wurde bald der erfolgreichste in den Kolonien.Diese Zeitung unter anderem Premieren, wäre drucken die erste politische Karikatur.Während der 1720er und 1730er Jahren organisierte er die Junto, ein junger Arbeiter, der Gruppe, die sich selbst-und-bürgerliche Verbesserung und schlossen sich den Freimaurern.Im Jahre 1733 begann er die Veröffentlichung Poor Richard Almanack.Almanache der Ära wurden jährlich gedruckt und enthalten Dinge wie Wetterberichte, Rezepte, Vorhersagen und Predigten.Franklin veröffentlicht seine Almanach unter dem Deckmantel von einem Mann namens Richard Saunders, ein armer Mann, der Geld brauchte sich um seine Frau zu nehmen.Was zeichnet seinen Almanach aus anderen waren sein Witz und Kreativität.Viele berühmte Sätze wie "Wer den Pfennig nicht ein Pfennig verdient", kommen aus armen Richard Almanach.Während des Jahres 1730, 1740 und 1750 zu den, half er starten Projekte zu ebnen, sauber und hell Philadelphias Straßen und Säuberung der Umwelt.Er half starten Sie die Library Company, American Philosophical Society und der Pennsylvania Hospital - all das sind noch heute existiert.Er organisierte Philadelphia Union Fire Company und gründete die Philadelphia Beitrag zur Versicherung gegen Verlust durch Feuer
Benjamin Franklins Druckgeschäft wurde in dieser 1730er und 1740er Jahren floriert.Er begann die Einrichtung Franchise-Druck Partnerschaften in anderen Städten.Von 1749 zog er sich von Geschäft und begann die Konzentration auf Wissenschaft, Experimente und Erfindungen.Er erfand einen effizienten Wärme-Herd (Franklin-Ofen), Schwimmflossen, Glasharmonika und bifocals.Er studierte auch die Auswirkungen von Elektrizität und Blitz.
Im Jahre 1757 ging er nach England nach Pennsylvania im Kampf stellen mit den Nachkommen der Familie Penn darüber, wer die Kolonie zu vertreten.Er blieb in England bis 1775, als Colonial Vertreter nicht nur von Pennsylvania, sondern von Georgia, New Jersey und Massachusetts als auch.Im Jahre 1765 wurde er überraschend mit überwältigender Opposition Amerikas an die Stamp Act gefangen.Seine Aussage vor dem Parlament dazu beigetragen, die Mitglieder zu überzeugen, das Gesetz aufzuheben.Er fragte sich, ob Amerika brechen sollte frei von England.Benjamin Franklin, obwohl er viele Freunde hatte in England, wurde der Korruption ermüdend, sah er überall um ihn herum in der Politik und königlichen Kreisen.Er, der einen Plan für ein geeintes Kolonien vorgeschlagen hätte, wäre jetzt ernsthaft beginnen auf dieses Ziel hinzuarbeiten.Er wurde nach dem Zweiten Kontinentalkongress gewählt und arbeitete in einem Komitee von 5 für den Entwurf der Erklärung der Unabhängigkeit geholfen.Im Jahr 1776 unterzeichnete er die Unabhängigkeitserklärung und segelte nach Frankreich als Botschafter an den Hof Ludwigs XVI.Zum Teil, weil von Benjamin Franklin die Popularität unterzeichnete die Regierung von Frankreich einen Bündnisvertrag mit den Amerikanern im Jahre 1778.Er half auch zur Sicherung von Krediten und die Gutachterkommission der Französisch sie taten das Richtige zu tun.Er war zur Hand, um den Vertrag von Paris im Jahre 1783 zu unterzeichnen, nachdem die Amerikaner die Revolution gewonnen hatte.
Benjamin Franklin nach Amerika zurück und wurde Präsident des Executive Council of Pennsylvania.Er diente als Delegierter auf dem Verfassungskonvent und die Verfassung unterzeichnet.Einer seiner letzten öffentlichen Handlungen wurde das Schreiben einer Abhandlung gegen die Sklaverei im Jahre 1789.Er starb im Alter von 84 Jahren.20.000 Menschen nahmen an der Beerdigung teil.
Andrew Carnegie (25. November 1835 - 11. August 1919) wurde in Dunfermline, Fife, Schottland geboren. Obwohl er nur wenig Schulbildung hatte, glaubte seine Familie in die Bedeutung der Bücher und des Wissens. Sein Vater war ein Handwebers. Mit 13 Jahren kam Andrew Carnegie in die Vereinigten Staaten mit seiner Familie und ließ sich in Allegheny, Pennsylvania. Bald darauf ging er in einer Fabrik zu arbeiten und verdiente $ 1,20 pro Woche. Im nächsten Jahr fand er einen Job als Telegraphenbote. Im Jahre 1851 wurde er ein Telegraphist, und im Jahre 1853, nahm er einen Job bei der Pennsylvania Railroad. Er arbeitete als Assistent und Telegraphist zu Thomas Scott, einer der Top-Führungskräfte der Bahn. Er
viel gelernt durch diese Erfahrung über die Eisenbahn-Industrie und Wirtschaft.3 Jahre später, wurde Andrew Carnegie, um Superintendent befördert.
Während der Arbeit für die Eisenbahn, machte Andrew Carnegie mehrere intelligente Investitionen, vor allem diejenigen in Öl.Im Jahr 1865 verließ er Pennsylvania Railroad, um andere geschäftliche Interessen, einschließlich Keystone Bridge Company verfolgen.Durch den nächsten zehn Jahren wurde der größte Teil seiner Zeit für die Stahlindustrie gewidmet.Sein Geschäft, das bekannt als der Carnegie Steel Company wurde, revolutionierte die Stahlproduktion in den Vereinigten Staaten.Er baute Industrieanlagen im ganzen Land, mit Technologie und Methoden, die Fertigung aus Stahl einfacher, schneller und produktiver.Für jeden Schritt des Prozesses, er besaß, was er brauchte: die Rohstoffe, Schiffe und Eisenbahnen für den Transport der Waren-und Kohle-Felder, um die Hochöfen schüren.Diese Strategie half Eigentum Andrew Carnegie die dominierende Kraft in der Stahlindustrie und einer überaus reicher Mann geworden.Mit dem Jahr 1889, war Carnegie Steel Corporation das größte seiner Art in der Welt.
Im Jahr 1901 verkaufte Andrew Carnegie sein Unternehmen für einen Gewinn von $ 200 Millionen an die United States Steel Corporation, angefangen vom legendären Finanzier JP Morgan.Mit 65 entschied Carnegie, um den Rest seiner Tage zu verbringen, anderen zu helfen.Andrew Carnegie war ein eifriger Leser für einen Großteil seines Lebens.Er spendete ca. 5 Mio. USD an die New York Public Library, gründete die Carnegie Institute of Technology in Pittsburgh (aka Carnegie-Mellon University), erstellt der Carnegie-Stiftung für die Förderung von Lehre und bildete die Carnegie Endowment for International Peace.Es ist gesagt, dass mehr als 2.800 Bibliotheken mit seiner Unterstützung wurden geöffnet.
Neben seinem Unternehmen und gemeinnützige Interessen, er war befreundet mit Mark Twain und Theodore Roosevelt.Er schrieb mehrere Bücher und zahlreiche Artikel.Andrew Carnegie starb an einer Lungenentzündung in Lenox, Massachusetts.Mit einem Vermögen von $ 500.000.000 im Zeitpunkt seines Todes geschätzt, verließ er $ 350.000.000 an wohltätige Organisationen, Organisationen und Institutionen, dass er glaubte, in.
John Pierpont "JP" Morgan (17. April 1837 - 31. März 1913) geboren wurde und in Hartford, Connecticut angehoben. Im Herbst 1848 wechselte er in Hartford Public School und dann an Episcopal Academy in Cheshire, Connecticut. Im September 1851 verabschiedete Morgan die Aufnahmeprüfung für die englische High School of Boston, eine Schule, spezialisiert in den Bereichen Mathematik, um junge Männer für Karrieren in der Wirtschaft vorzubereiten. Im Frühjahr 1852 erkrankte er mit rheumatischen Fiebers. Er wurde von seinem Vater auf den Azoren geschickt zu erholen. Nach fast einem Jahr kehrte er nach englischen High School in Boston, um seine Studien fortzusetzen. Nach dem Abitur wurde er geschickt, um in der Nähe von Vevey, Schweiz Bellerive. Wann wurde er fließend
Französisch, schickte ihn sein Vater an der Universität Göttingen, um sein Deutsch zu verbessern.
JP Morgan ging in Banking im Jahr 1857 bei seinem Vater Niederlassung in London.Im Jahr 1858 zog er nach New York, wo er an der Bankhaus Duncan, Sherman & Company tätig.Von 1860 bis 1864, als J. Pierpont Morgan & Company fungierte er als Agent in New York für die Firma seines Vaters.Von 1864-1872 war er Mitglied der Firma Dabney, Morgan & Company.Im Jahr 1871, die in Partnerschaft mit den Drexels er von Philadelphia nach New York die Firma Drexel, Morgan & Company zu bilden.Anthony J. Drexel wurde sein Mentor auf Antrag von seinem Vater.In den frühen Tagen des amerikanischen Bürgerkriegs, JP Morgan den Kauf und Upgrade von Gewehren für die Vereinigten Staaten finanziert.Er vermied Wehrdienst durch Zahlung von $ 300 für einen Ersatz, während er, die Union Kriegsanstrengungen finanzieren, arbeitete.
Nach dem Tod von Anthony Drexel im Jahre 1893 wurde die Firma "JP Morgan & Company." Umgetauft Er hielt enge Verbindungen mit Drexel & Company, Philadelphia, Morgan, Harjes & Company aus Paris und JS Morgan & Company in London.Über 15 Jahre später schuf er die Chase Manhattan Bank.JP Morgan Aufstieg zur Macht war stürmisch.Er gewann die Kontrolle über die Albany und Susquehanna Railroad im Jahre 1869.Er brach den von der Regierung die Finanzierung Privilegien der Jay Cooke und wurde bald an der Entwicklung und Finanzierung eines Eisenbahn-Imperium durch Umstrukturierungen und Konsolidierungen in allen Teilen der Vereinigten Staaten.Im Jahre 1885, die er in New York, West Shore Railroad & Buffalo reorganisiert.Im Jahr 1886 er die Philadelphia & Reading Railroad im Jahre 1888 neu organisiert und die Chesapeake & Ohio Railroad.Er war stark mit Railroad Tycoon James J. Hill und der Great Northern Railway beteiligt.Nach dem Kongress verabschiedete die Interstate Commerce Act im Jahre 1887, gesetzt Morgan bis Konferenzen in 1889 und 1890, die zusammen gebracht Eisenbahn-Präsidenten, um zu helfen die Industrie folgen die neuen Gesetze und Vereinbarungen zu schreiben.Die Konferenzen waren die ersten ihrer Art, und durch die Schaffung einer Interessengemeinschaft zwischen konkurrierenden Linien ebnete den Weg für den großen Konsolidierungen des frühen 20. Jahrhunderts.
JP Morgan reorganisiert Unternehmensstrukturen und Management, um sie in die Gewinnzone zurückzukehren.Sein Ruf als Bankier und Finanzier auch dazu beigetragen, das Interesse der Anleger an die Unternehmen übernahm er.Im Jahr 1896 Adolph Simon Ochs, der die Chattanooga Times gehört, gesicherte Finanzierung von JP Morgan zum Kauf der finanziell zu kämpfen New York Times.Es wurde zum Standard für die amerikanischen Journalismus durch Preissenkungen, Investitionen in News Gathering und Beharren auf höchster Qualität zu schreiben und zu berichten.
Während der Panik von 1893 wurde die Bundeskasse fast aus Gold.Präsident Grover Cleveland arrangiert für JP Morgan, eine private Syndikat an der Wall Street, um die US-Finanzministerium mit $ 65.000.000 in Gold zu liefern, um eine Anleihe, die die Treasury-Überschuss von 100 Millionen Dollar restauriert schweben zu schaffen.
Im Jahr 1900, gesteuert von JP Morgan einer der mächtigsten Bankhäuser der Welt.Er begann Gespräche mit Charles M. Schwab und Andrew Carnegie im Jahr 1900.Das Ziel war es heraus zu kaufen Carnegies Stahlkonjunktur und verschmelzen sie mit mehreren anderen Stahl-, Kohle-, Bergbau-und Reedereien, die United States Steel Corporation zu schaffen.Im Jahr 1901 US Steel war das erste Milliarden-Dollar-Unternehmen der Welt mit einer autorisierten Kapitalisierung von 1,4 Mrd. USD.US Steel zielte darauf ab, größere Skaleneffekte zu erzielen, reduzieren Transport-und Ressourcenkosten, erweitern Produktlinien und Verteilung zu verbessern.Ferner war vorgesehen, damit die Vereinigten Staaten im globalen Wettbewerb mit Großbritannien und Deutschland.US Steel die Größe wurde von Charles M. Schwab und andere behaupteten, damit das Unternehmen in ferne internationalen Märkten zu verfolgen.US Steel wurde als ein Monopol von Kritikern angesehen, da das Unternehmen versucht hat, nicht nur Stahl, sondern auch den Bau von Brücken, Schiffen, Waggons und Schienen, Draht, Nägeln und einer Vielzahl anderer Produkte zu beherrschen.Mit US Steel, hatte JP Morgan zwei Drittel des Stahlmarktes erfasst und Charles M. Schwab zeigte sich zuversichtlich, dass das Unternehmen schon bald halten Sie einen 75% Marktanteil.Doch nach 1901 die Geschäfte der Marktanteil gesunken.Charles M. Schwab kündigte US Steel im Jahr 1903 zu Bethlehem Steel, die die zweitgrößte US-Hersteller wurde zu bilden.
US Steel war nicht gewerkschaftlich organisierten und erfahrenen Stahlproduzenten, von Charles M. Schwab führte, wollte dass es so bleibt mit aggressiver Taktik zu erkennen und auszumerzen Störenfriede.Die Anwälte und Banker, die den Zusammenschluss organisiert hatte, vor allem JP Morgan und der CEO Elbert Gary waren mehr mit langfristigen Gewinn, Stabilität, gute Öffentlichkeitsarbeit und um Schwierigkeiten.Die Banker Ansichten allgemein durchgesetzt, und das Ergebnis war eine Arbeitsmarktpolitik, die das Geschäft begünstigt.US Steel war nicht gewerkschaftlich organisierte bis in die späten 1930er Jahre.
Die Panik von 1907 war eine Finanzkrise, dass die amerikanische Wirtschaft fast lahmgelegt.Großen New Yorker Banken waren am Rande des Bankrotts und es gab keinen Mechanismus, um sie zu retten, bis JP Morgan trat ein und übernahm, die Lösung der Krise.Finanzminister George B. Cortelyou zweckgebunden 35.000.000 $ von Bundes-Geld, um die Krise zu bewältigen, hatte aber keinen einfachen Weg, es zu benutzen.JP Morgan organisiert ein Team von Bank-und Führungskräfte, die das Vertrauen zwischen den Banken Geld, sicherte die weitere internationale Kreditlinien und kaufte sinkende Lagerbestände an gesunde Unternehmen umgeleitet.Eine heikle politische Situation änderte sich jedoch in Bezug auf die Broker-Firma von Moore and Schley, der in der Bilanz der Tennessee Coal, Iron and Railroad Company beteiligt war.Moore and Schley hatte über 6 Millionen Dollar von der Tennessee Coal and Iron (TCI) Lager für Kredite unter den Wall-Street-Banken verpfändet.Die Banken hatten die Kredite genannt und die Firma nicht bezahlen konnte.Wenn Moore and Schley ausfallen sollte, würde hundert weitere Ausfälle folgen und dann alle der Wall Street könnte auseinander fallen.JP Morgan beschlossen, sie mussten Moore and Schley zu speichern.TCI war einer der Hauptkonkurrenten von US Steel und es besaß wertvolle Eisen-und Kohlevorkommen.JP Morgan kontrollierte US Steel und er beschloss, sie mussten das Lager von TCI Moore and Schley zu kaufen.Richter Gary, Chef der US Steel, stimmte zu, aber gäbe es kartellrechtliche Implikationen, die Schwierigkeiten für US Steel, die bereits in der Stahlindustrie war dominant verursachen könnte.JP Morgan schickte Richter Gary an Präsident Theodore Roosevelt, der juristischen Immunität für den Deal versprochen zu sehen.US Steel zahlte $ 30 Millionen für das TCI-Lager und Moore and Schley war gerettet.Die Ankündigung hatte eine unmittelbare Wirkung.Mit dem 7. November 1907, war die Panik über.Sie schwört, nie wieder passieren lassen, Banken und Politikern, von Senator Nelson Aldrich führte, entwickelte einen Plan, der das Federal Reserve System wurde im Jahr 1913.
Von 1890-1913 wurden 42 große Unternehmen organisiert oder ihre Wertpapiere wurden gezeichnet, ganz oder teilweise durch JP Morgan and Company, unter anderem: General Electric Co., International Mercantile Marine, Atchison, Topeka & Santa Fe Railroad, Northern Pacific Railway Systems , Pennsylvania Railroad und Leseeisenbahn.
JP Morgan war geplant, auf der Jungfernfahrt der RMS Titanic reisen, aber storniert in der letzten Minute.White Star Line, Betreiber der Titanic, war Teil der JP Morgan International Mercantile Marine Company, und er war zu seiner eigenen privaten Suite und Promenadendeck auf dem Schiff haben.Er starb während der Reise in Rom, Italien.Er war ein bemerkenswerter Sammler von Bücher, Bilder, Uhren und andere Kunstgegenstände, viele ausgeliehen oder abgegeben zu dem Metropolitan Museum of Art (von denen war er Präsident und war eine treibende Kraft in der Gründung), und viele beherbergt in seinem Haus in London und in seiner Privatbibliothek.Er war ein Wohltäter der American Museum of Natural History, das Metropolitan Museum of Art, Groton School, Harvard University, Trinity College, die Entbindungsanstalt der Stadt New York und der New York Berufsschulen.
JP Morgan war einer der bedeutendsten Sammler von Edelsteinen Amerikas hatten sich versammelt, und der wichtigste Edelstein Sammlung in den USA Tiffany & Co. versammelt seine erste Kollektion unter ihrem Häuptling Gemologist George Frederick Kunz.Die Sammlung wurde auf der Weltausstellung 1889 in Paris ausgestellt.Die Ausstellung gewann zwei Golden Awards und lenkte die Aufmerksamkeit der bedeutendsten Gelehrten, Edelsteinschleifer und die allgemeine Öffentlichkeit.Im Jahr 1911 benannte Kunz eine neu gefundene Edelstein nach seinem größten Kunden: Morganit.
JP Morgan, Jr. übernahm das Geschäft an den Tod seines Vaters, war aber nie so einflussreich.As required by the 1933 Glass-Steagall Act, the “House of Morgan” became three entities: JP Morgan & Co., which later became Morgan Guaranty Trust, Morgan Stanley, an investment house, and Morgan Grenfell in London, an overseas securities house.
John Davison Rockefeller (July 8, 1839 – May 23, 1937) was born in Richford, New York. His father owned farm property and traded in many goods, including lumber and patent medicines. His mother was very strict. In 1953 the family moved to Cleveland, Ohio. He graduated from high school there and excelled in mathematics. After graduation he attended a commercial college for three months, after which he found his first job at the age of 16 as a produce clerk. In 1859, he started his first trading company, Clark and Rockefeller, with a young Englishman. The first year they grossed $450,000. Clark did the fieldwork while John D Rockefeller
controlled office management, bookkeeping and relationships with bankers.
John D Rockefeller showed a genius for organization and method. The firm prospered during the Civil War. With the Pennsylvania oil strike (1859) and the building of a railroad to Cleveland, they branched out into oil refining with Samuel Andrews, who had technical knowledge of the field. Within two years John D Rockefeller became senior partner; Clark was bought out, and the firm Rockefeller and Andrews became Cleveland's largest refinery.
With financial help from SV Harkness and HM Flagler, who also secured favorable railroad freight rebates, John D Rockefeller survived the bitter competition in the oil industry. The Standard Oil Company, started in Ohio in 1870 by John D Rockefeller, his brother William, Flagler, Harkness and Andrews, had a worth of $1,000,000 and paid a profit of 40% a year later. While Standard Oil controlled one-tenth of American refining, the competition remained.
Rockefeller still hoped to control the oil industry. He bought out most of the Cleveland refineries as well as others in New York, Pittsburgh, and Philadelphia. He turned to new transportation methods, including the railroad tank car and the pipeline. By 1879 he was refining 90% of American oil, and Standard used its own tank car fleet, ships, docking facilities, barrel-making plants, depots and warehouses.
As his control approached near-monopoly, the Pennsylvania Railroad, in 1877, created a refining company to try to break John D. Rockefeller's control. But railroad strikes forced them to surrender to Standard Oil. By 1883, after winning control of the pipeline industry, Standard's monopoly was at a peak. John D. Rockefeller created America's first great “trust” in 1882. Ever since 1872, Standard had placed its profits outside Ohio to Flagler as “trustee” because laws denied one company's ownership of another's stock. All profits went to the Ohio company while the outside businesses remained independent. Standard Oil Trust received the stock of 40 businesses and gave the various shareholders trust certificates in return. The trust had a worth of about $70 million dollars, making it the world's largest and richest industrial organization.
In the 1880′s, John D. Rockefeller's business began to change. He moved into producing crude oil and moved his wells westward with the new fields opening up. Standard also entered foreign markets in Europe, Asia and Latin America. From 1885 a committee system of management was developed to control Standard Oil's enormous empire.
Public opposition to Standard Oil grew. John D Rockefeller was criticized for railroad rebates, price fixing and bribery which crushed smaller firms by unfair competition. Standard Oil was investigated by the New York State Senate and by the US House of Representatives in 1888. Two years later the Ohio Supreme Court invalidated Standard's original trust agreement. John D. Rockefeller formally disbanded the organization and in 1899 Standard was recreated legally under a new form as a “holding company,” (this merger was dissolved by the US Supreme Court in 1911, long after he retired from active control in 1897).
In 1893, he helped develop the Mesabi iron ore range of Minnesota. By 1896 his Consolidated Iron Mines owned a great fleet of ore boats and virtually controlled Great Lakes shipping. He now had the power to control the steel industry. He made an alliance with Andrew Carnegie in 1896. John D. Rockefeller agreed not to enter steelmaking and Carnegie agreed not to touch transportation. In 1901 he sold his ore holdings to the new merger created by Andrew Carnegie and JP Morgan, US Steel. In that year his fortune passed $200 million.
John D. Rockefeller consistently gave away 10% of his earnings to charity. His donations grew with his fortune, and he also gave time and energy to philanthropic causes. He created the University of Chicago, Rockefeller Institute of Medical Research in New York (now Rockefeller University), General Education Board and the Rockefeller Foundation. The total of John D. Rockefeller's lifetime philanthropies has been estimated at about $550 million.
John D. Rockefeller's personal life was fairly simple. He was a man of few passions who lived for his work, and his great talent was his organizing genius and drive for order, pursued with great single-mindedness and concentration. His life was absorbed by business and family, and later by organized giving. He created order, efficiency and planning with extraordinary success and sweeping vision.
Thomas Alva Edison (February 11, 1847 – October 18, 1931) was born to middle-class parents in Milan, Ohio. In 1854, his family moved to Port Huron, Michigan. At an early age, Thomas Edison was hyperactive and difficult to control in school. So he was home-schooled by his mother, who was the daughter of a respected Presbyterian minister. Thomas Edison enjoyed reading and reciting poetry. At 11, his parents introduced him to the local library and he began to research many topics and ideas. At 12, he began to asks questions of his parents, especially those related to Science and Mathematics, that they could not answer. So they hired a tutor
to help their son understand more complex subjects, such as Newtonian physics. The simple beauty of Newton's physical laws helped him sharpen his own style of clear thinking, objective examination and experimentation. He also developed a strong sense of perseverance, hard work and mental & physical stamina. He also got a job selling newspapers, snacks and candy on the local railroad. He also started a side business selling fruits and vegetables.
And 14, during the time of the Lincoln-Douglas debates, he exploited his access to the news releases and published them in his own newspaper. He quickly enticed over 300 commuters to subscribe to his newspaper. This was the first publication to be type-set, printed and sold on a train. At its peak, his publishing venture netted him more than $10 per day. He tooks this money and invested in a chemical laboratory that he setup in the basement. It became virtually impossible for him to learn in a traditional educational setting. Adapting to whatever he was convinced was out of his control, he reacted by committing himself to compensating via alternative methods. Ultimately, he became totally deaf in his left ear and approximately 80% deaf in his right ear.
One of the most significant events in his life occurred when he was taught Morse code and the telegraph. By 15, he had mastered the basics of Morse Code and telegraphy and obtained a job as a replacement for one of the thousands of telegraph operators who had gone off to serve in the Civil War. At age 16, after working in a variety of telegraph offices he finally came up with his first invention. Called an “automatic repeater,” it transmitted telegraph signals between unmanned stations, allowing people to easily and accurately translate code at their own speed and convenience.
In 1868 his mother was beginning to show signs of insanity, his father quit his job and the local bank was about to foreclose on the house. Thomas Edison set out to make his fortunes. He applied for a permanent job as a telegrapher with the relatively prestigious Western Union Company in Boston. During the latter days of the “Age of the Telegraph,” Thomas Edison worked 12 hours a day and 6 days a week for Western Union. Meanwhile, he continued working on his own projects and, within 6 months, had applied for and received his very first patent – an electric vote-recording machine. The Massachusetts Legislature was not interested in his invention. Although he was disappointed by this, he realized his idea was so far ahead of its time that no one was willing to buy it.
While in Boston, he was exposed to lectures at Boston Tech (which became the Massachusetts Institute of Technology) and new concepts related to telegraph technology. Alexander Graham Bell, who was also living in Boston, was also aware of new communication technologies. The principles discussed ultimately led to the invention of the first articulating telephone, the first fax machine, the first microphone and other communication related inventions.
Later, he moved to New York City. Penniless, and having begged for a cup of tea, he walked through some of the offices in New York's financial district. Observing that the manager of a local brokerage firm was in a panic, Thomas Edison determined that a stock-ticker in his office had just broken down. He grasped the opportunity. Since he had been sleeping in the basement of the building for a few days – and doing quite a bit of snooping around – he already had a pretty good idea of what the device was supposed to do. He reached down and manipulated a loose spring back to where it belonged. The device began to run perfectly. The office manager was so ecstatic that he hired Thomas Edison to make all such repairs for the company for a salary of $300.00 per month. This was twice the going rate for a top electrician in New York City. During his free time, he soon resumed his work with the telegraph, the quadruplex transmitter, the stock-ticker, etc. Soon a corporation paid him $40,000 for all of his rights to the stock-ticker.
At age 29, he commenced work on the carbon transmitter, which ultimately made Alexander Graham Bell's “articulating” telephone audible enough for practical use. Shortly after Edison moved his laboratory to Menlo Park, NJ in 1876, he invented – in 1877 – the first phonograph. In 1879, he invented the first commercially practical incandescent electric light bulb. In 1883 and 1884, he introduced the world's first economically viable system of centrally generating and distributing electric light, heat and power. In 1887, Thomas Edison was recognized for having set up the world's first full fledged research and development center in West Orange, New Jersey. This operation was the largest scientific testing laboratory in the world. In 1890, he developed the first Vitascope, which would lead to the first silent motion pictures. In 1892, Edison General Electric Co. had merged with another firm to become General Electric Corporation, in which he was a major stockholder. At the turn-of-the-century, Thomas Edison invented the first practical dictaphone, mimeograph and storage battery. After creating the “kinetiscope” and the first silent film in 1904, he went on to introduce “The Great Train Robbery” in 1903, which was a ten minute clip that was his first attempt to blend audio with silent moving images to produce “talking pictures.” When World War I began, he was asked by the US Government to create defensive devices for submarines and ships. During this time, he also perfected a number of important inventions relating to the enhanced use of rubber, concrete and ethanol. By 83, he held 1093 patents.
Henry Ford (30. Juli 1863 - 7. April 1947) wuchs auf einer Farm wohlhabenden Familie im heutigen Dearborn, Michigan. Er hatte eine typische ländliche 19. Jahrhundert Kindheit verbringen Tage in einem Ein-Zimmer-Schule zu tun und Arbeiten am Hof. Schon früh zeigte er ein Interesse an Mechanik und Maschinenbau. Mit 16 Jahren verließ er sein Zuhause für Detroit, um als Lehrling Maschinist für die nächsten 3 Jahre zu arbeiten. In den nächsten Jahren, aufgeteilt Henry Ford seine Zeit zwischen Betrieb und Reparatur von Dampfmaschinen, die in einem Werk Detroit, über-Schleppen seines Vaters Landmaschinen und arbeitet widerwillig auf dem Bauernhof. Nach seiner Heirat mit Clara Bryant im Jahre 1888, unterstützt Henry Ford sein
Familie durch den Betrieb eines Sägewerkes.Im Jahre 1891 wurde er als Ingenieur bei der Edison Illuminating Company in Detroit.Seine Beförderung zum Chef-Ingenieur im Jahre 1893 gab ihm genügend Zeit und Geld, die Aufmerksamkeit auf seine persönliche Engineering-Experimente widmen zu Verbrennungsmotoren.Im Jahr 1896 entwickelte er eine selbstfahrende vierrädriges.
Nach zwei erfolglosen Versuchen, ein Auto produzierendes Unternehmen zu etablieren, wurde die Ford Motor Company im Jahr 1903 mit Henry Ford als Vice President und Chief Engineer integriert.In den frühen Jahren der Pkw-Produktion, produziert er nur ein paar Autos pro Tag.Gruppen von zwei oder drei Männer arbeiteten auf jedem Auto mit zu bestellen Komponenten.Henry Ford das Modell T eingeführt im Jahr 1908.Dieses Fahrzeug leitete eine neue Ära der persönlichen Transport.Es war günstig und einfach zu bedienen.Es wird sofort zu einem Riesenerfolg.Im Jahr 1913, Henry Ford Präzisionsfertigung, standardisierten und austauschbaren Teilen, eine Arbeitsteilung und einen kontinuierlichen Fließband kombiniert.Die Arbeiter blieben in Kraft, das Hinzufügen einer Komponente zu jedem Automobil, wie es an ihnen vorbei bewegt auf der Linie.Das Fließband revolutionierte die Automobilproduktion durch eine deutliche Reduzierung der Montagezeit pro Fahrzeug senken dadurch die Produktionskosten.Bis 1918 waren die Hälfte aller Autos in Amerika T-Modell der.
Während der späten 1910er und frühen 1920er Jahren, gebaut Ford Motor Company der weltweit größte Industrie-Komplex an den Ufern des Flusses Rouge in Dearborn, Michigan.Es enthielt alle Elemente für Automobil-Produktion benötigt: ein Stahlwerk, Glashütte und Kfz-Montagelinie.Eisenerz und Kohle wurden in der Großen Seen auf Dampfern und mit der Eisenbahn gebracht.Walzwerke, Schmieden und Montagehallen verwandelte den Stahl in die Federn, Achsen und Karosserie.Gießereien Eisen umgewandelt in Motorblöcke und Zylinderköpfe, die mit anderen Komponenten in Motoren zusammengebaut wurden.
Pierre Samuel DuPont (15. Januar 1870 - 4. April 1954) wurde in Wilmington, Delaware geboren. Er war der Ur-Ur-Enkel von Pierre Samuel du Pont de Nemours, einem Ökonom Französisch gewählt zur Konstituierenden Versammlung. Pierre Samuel du Pont de Nemours 'Sohn, Eleuthère Irénée du Pont, der nach Amerika mit seinem Großvater emigrierte in die Französisch Revolution zu entgehen, gründete die Firma DuPont im Jahre 1802. Frustriert von der schlechten Qualität von Schwarzpulver in Amerika gemacht, und vertraut mit dem Pulver Entscheidungsprozess, kam auf die Idee, Schießpulver zu machen. Sein Vater vereinbart, die Venture-Finanzierung. Thomas Jefferson unterstützte die Idee und schlug vor, die Familie mit einer Filiale in Virginia, aber Eleuthère Irénée du Pont war unbequem mit der Institution der Sklaverei
in diesem Zustand, und entlang des Brandywine River in Delaware statt besiedelt.1805 wurde fast 45.000 Pfund Schießpulver hergestellt.Eleuthère Irénée du Pont starb 1834, so dass die Unternehmensleitung an seine Kinder.
Eleuthère Irénée du Pont Sohn, Alfred Victor, übernahm die Firma.Sein Sohn, Lammot, war Chemiker und Geschäftsmann.Lammot patentiert einen Weg zu Sprengpulver ohne Salpeter machen und bildete auch die Gunpowder Trade Association.Lammot Onkel Henry gesetzt Lammot in einem Unternehmen, das Dynamit, das von Alfred Nobel erfunden worden war fertigen.Innerhalb von 6 Monaten wurde die Firma produziert eine Tonne des Sprengstoffs pro Tag.
Pierre Samuel du Pont, ältester Sohn des Lammot, übernahm das Geschäft als sein Vater starb bei einer Explosion.Er schloss sein Studium mit einem Diplom in Chemie von der Massachusetts Institute of Technology im Jahr 1890 und wurde Assistent bei Brandywine Superintendent Mills.Er und sein Vetter entwickelte die erste amerikanische rauchfreies Schießpulver im Jahre 1892.Die meisten von den 1890er Jahren verbrachte er die Zusammenarbeit mit dem Management auf ein Stahlunternehmen zum Teil von DuPont, die Johnson Street Rail Company in Johnstown, Pennsylvania gehört.Hier hat er gelernt, mit Geld aus der Präsident des Unternehmens, Arthur Moxham umzugehen.Im Jahr 1899 kündigte er und übernahm die Firma Johnson.Im Jahre 1901, während er die Überwachung wurde die Liquidation der Vermögenswerte des Unternehmens Johnson in Lorain, OH, beschäftigt er John J. Raskob als Privatsekretär, Anfang einer langen und guten geschäftlichen und persönlichen Beziehung zwischen den beiden.
Pierre S. DuPont und seine Cousins gekauft EI du Pont de Nemours and Company im Jahr 1902, um das Unternehmen in Familienbesitz zu halten, nach dem Tod seines Präsidenten, Eugene I. du Pont.Sie setzten über den Kauf von kleineren Firmen Pulver.Bis 1914, während Coleman du Pont Krankheit, diente Pierre du Pont als Schatzmeister, Executive Vice-President und amtierender Präsident.Im Jahr 1915 kaufte eine Gruppe von Pierre du Pont geleitet Colemans Lager.
Pierre du Pont diente als Präsident von DuPont bis 1919.Er gab der Firma DuPont über eine zeitgemässe Führungsstruktur und moderne Bilanzierungs-und Bewertungsmethoden und machte das Konzept des Return on Investment primär.Während des Ersten Weltkriegs wuchs das Unternehmen sehr schnell aufgrund von Zahlungen auf alliierter Munition Verträge voranzubringen.Er gründete auch viele andere Interessen DuPont in anderen Branchen.
Pierre du Pont war eine bedeutende Figur in den Erfolg von General Motors, der Aufbau einer großen persönlichen Investition in das Unternehmen sowie die Unterstützung von Raskobs Vorschlag für DuPont in der Automobil-Unternehmen zu investieren.Pierre du Pont resigniert den Vorsitz von GM als Reaktion auf GM-Präsident Alfred Sloan Streit mit Raskob über Raskobs Auseinandersetzung mit der Democratic National Committee.Als Pierre du Pont aus den Board of Directors im Ruhestand, war GM das größte Unternehmen der Welt.
Pierre du Pont zog sich vom DuPont-Vorstand im Jahr 1940.Er diente auch auf der Delaware State Board of Education und spendete Millionen an öffentlichen Schulen Delaware.Ein Gebäude an der University of Delaware, Du Pont Hall, wird ihm zu Ehren benannt.Es beherbergt die Büros und Labors für die College of Engineering.Er ist berühmt für die Öffnung der seinem persönlichen Nachlass, Longwood Gardens, mit seinen schönen Gärten, Springbrunnen und Wintergarten, an die Öffentlichkeit.Er war ein langjähriger Junggeselle, schließlich heiratet seine Cousine Alice Belin im Jahre 1915 nach dem Tod seiner Mutter, und hatte keine Kinder.
Während des 2. Weltkriegs setzte das Unternehmen zu einer der größten Produzenten von Kriegsmaterial zu sein.Als Erfinder und Hersteller von Nylon, half DuPont produzieren die Rohstoffe für Fallschirme, Pulver Beutel und Reifen.DuPont spielte auch eine wichtige Rolle bei der Manhattan-Projekt im Jahr 1943, dem Entwurf, Bau und Betrieb der Hanford Plutonium produzierenden Anlage und den Savannah River Plant in South Carolina.Nach dem Krieg entwickelte DuPont Mylar, Dacron, Orlon und Lycra in den 1950er Jahren, und Tyvek, Kevlar, Nomex, Qiana, Corfam und Corian in den 1960er Jahren.DuPont Materialien waren entscheidend für den Erfolg der Apollo-Raumfahrtprogramm.
Alfred Pritchard Sloan, Jr. (23. Mai 1875 - 17. Februar 1966) wurde in New Haven, Connecticut geboren. Er studierte Elektrotechnik und promovierte am Massachusetts Institute of Technology im Jahre 1895. Er wurde Präsident und Eigentümer der Hyatt Rollenlager, ein Unternehmen, das Wälz-und Kugellagern gemacht, im Jahr 1899. Zu Beginn des 20. Jahrhunderts erwarb die Ford Motor Company Lagern von Hyatt Rollenlager. Im Jahre 1916 seine Firma mit United Motors Company, die schließlich Teil der General Motors Corporation fusionierte. Er wurde Vizepräsident, dann Präsident (1923) und zuletzt Vorsitzender des Vorstands (1937) von General Motors
Corporation.Im Jahr 1934 gründete er die philanthropische, gemeinnützige Alfred P. Sloan Foundation.GM unter Alfred Sloan wurde berühmt für die Verwaltung von diversen Operationen.
Alfred Sloan ist mit jährlichen Festlegung Styling Veränderungen, aus denen das Konzept der geplanten Veralterung kam gutgeschrieben.Er gründete auch eine Preisstruktur, in denen Chevrolet, Pontiac, Oldsmobile, Buick und Cadillac nicht miteinander konkurrierten, und Käufer konnten in der GM-"Familie" gehalten werden, da ihre Kaufkraft und Präferenzen verändert, da sie im Alter.Diese Konzepte, zusammen mit der Ford Motor Company Widerstand gegen den Wandel in den 1920er Jahren, angetrieben GM der Branche neuen Führung, eine Position, seit über 70 Jahren beibehalten.Unter seiner Leitung wurde die größte GM, erfolgreichsten und profitabelsten Industrieunternehmen die die Welt jemals auf dem neuesten Stand gekannt hatte.
In den 1930er Jahren General Motors Corporation, lange feindlich gegenüber gewerkschaftlicher Organisation, seiner Belegschaft konfrontiert, neu organisiert und bereit, für Arbeiterrechte in einem erweiterten Wettbewerb für Kontrolle.Alfred Sloan war abgeneigt, Gewalt mit Henry Ford verbunden.Er bevorzugt den subtilen Einsatz von Spionage und hatte die beste Undercover-Apparat der Wirtschaft jemals bis zu diesem Zeitpunkt gesehen hatte, erbaut.Als die Arbeiter die massive Flint Sitzstreik organisiert im Jahre 1936, fand Alfred Sloan, dass Spionage hatte wenig Wert in das Gesicht eines solchen offenen Taktik.
Das weltweit erste universitäre Executive Education Program, der Sloan Fellows, wurde 1931 am MIT unter der Schirmherrschaft von Alfred Sloan erstellt.Ein Zuschuss Sloan Foundation gründete die MIT School of Industrial Management im Jahre 1952 mit dem Vorwurf der Erziehung der "idealen Führungskraft", und die Schule wurde in seiner Ehre als der Alfred P. Sloan School of Management, einer der weltweit führenden Business Schools umbenannt.Zusätzliche Zuschüsse wurde ein Sloan Institute of Hospital Administration Sloan Program in Health Administration im Jahr 1955 an der Cornell University Cornell University, der ersten 2 Jahre Diplom-Programm seiner Art in den USA, ein Sloan Fellows Program an der Stanford Graduate School of Business in 1957, und bei London Business School im Jahr 1965.Sie wurden zu Studiengängen im Jahr 1976, die Verleihung des Grades Master of Science in Management.Sein Name wird auch in der Sloan-Kettering Cancer Center und Institute in New York erinnert.Im Jahre 1951 erhielt Sloan den hundertjährigen Vereinigung der Gold Medal der New Yorker Award "als Anerkennung für hervorragende Verdienste um die Stadt New York." Die Alfred P. Sloan Museum, präsentiert die Entwicklung der Automobilindustrie und Reisen Galerien, befindet sich in Flint, Michigan.Alfred Sloan mit einem Büro in 30 Rockefeller Plaza in Rockefeller Center, der jetzt als der GE Building bekannt.Er zog sich als GM Chairman am 2. April 1956 und starb 1966.Herr Sloan wurde in die Junior Achievement US Business Hall of Fame im Jahr 1975 aufgenommen.
Die Alfred P. Sloan Foundation ist eine gemeinnützige Non-Profit-Organisation, die von Alfred Sloan im Jahre 1934 gegründet.Die Programme der Stiftung und Interessen lassen sich in den Bereichen Wissenschaft und Technologie, Lebensstandard, Wirtschaftsleistung, und Bildung und Karriere in Wissenschaft und Technik.Die Bilanzsumme der Sloan Foundation haben einen Marktwert von etwa 1,8 Milliarden Dollar.
Walter Elias “Walt” Disney (December 5, 1901 – December 15, 1966) was born in Chicago, Illinois. In 1906, when Walt Disney was 4, his family moved to a farm in Marceline, Missouri. While in Marceline, Disney developed his love for drawing. One of their neighbors, a retired doctor named “Doc” Sherwood, paid him to draw pictures of Sherwood's horse. He also developed his love for trains in Marceline, which owed its existence to the Atchison, Topeka and Santa Fe Railway which ran through town. The Disneys remained in Marceline
for four years, before moving to Kansas City in 1911. There, Walt Disney attended Benton Grammar School where he met Walter Pfeiffer. The Pfeiffers were theatre aficionados, and introduced him to the world of vaudeville and motion pictures. He also attended Saturday courses at the Kansas City Art Institute.
In 1917, Walt Disney's father acquired shares in the O-Zell jelly factory in Chicago and moved his family back there. In the fall, Disney began his freshman year at McKinley High School and began taking night courses at the Chicago Art Institute. He became the cartoonist for the school newspaper. His cartoons were very patriotic, focusing on World War I. Disney dropped out of high school at the age of 16. Being underage for the US Army, Walt and one of his friends joined the Red Cross. Soon after he joined The Red Cross, he was sent to France for a year, where he drove an ambulance. In 1919, he left home and moved back to Kansas City to begin his artistic career. At Pesmen-Rubin, Walt Disney created ads for newspapers, magazines, and movie theaters. It was here that he met a cartoonist named Ubbe Iwerks. When their time at the Pesmen-Rubin Art Studio expired, they were both without a job, and they decided to start their own commercial company. However, following a rough start, Walt Disney left temporarily to earn money at Kansas City Film Ad Company, and was soon joined by Ubbe Iwerks who was not able to run the business alone. While working for the Kansas City Film Ad Company, where he made commercials based on cutout animation, Disney took up an interest in the field of animation, and decided to become an animator. He was allowed by the owner of the Ad Company to borrow a camera from work, which he could use to experiment with at home. After reading a book by Edwin G. Lutz, called Animated Cartoons: How They Are Made, Their Origin and Development, he found cell animation to be much more promising than the cutout animation he was doing. Walt Disney eventually opened his own animation business, and recruited a fellow co-worker at the Kansas City Film Ad Company, Fred Harman, as his first employee. They secured a deal with local theater owner Frank L. Newman to screen their cartoons. His cartoons became widely popular in the Kansas City area. Through their success, Walt Disney was able to acquire his own studio and hire a number of animators, including Ubbe Iwerks. Unfortunately, with all his high employee salaries the studio became loaded with debt and went bankrupt.
Walt Disney and his brother pooled their money to set up a cartoon studio in Hollywood. He sent an unfinished print of the Alice Comedies to New York distributor Margaret Winkler, who promptly wrote back to him. She was keen on a distribution deal with Walt Disney for more live-action/animated shorts based upon Alice's Wonderland.
In 1927, Charles Mintz had married Margaret Winkler and assumed control of her business, and ordered a new all-animated series to be put into production for distribution through Universal Pictures. The new series, Oswald the Lucky Rabbit, was an almost instant success, and the character, Oswald — drawn and created by Iwerks — became a popular figure. The Disney studio expanded.
In February 1928, Walt Disney went to New York to negotiate a higher fee per short from Mintz. Mintz announced that he wanted to reduce the fee he paid Walt Disney per short and that he had most of his main animators under contract and would start his own studio if he did not accept the reduced production budgets. Universal, not Walt Disney, owned the Oswald trademark, and could make the films without Disney. Disney declined Mintz's offer and lost most of his animation staff.
After losing the rights to Oswald, Walt Disney felt the need to develop a new character. He based the character on a mouse he had adopted as a pet while working in his Laugh-O-Gram studio in Kansas City. Ubbe Iwerks reworked the sketches made by Walt Disney so the character was easier to animate. Mickey's voice and personality was provided by Disney. The initial films were animated by Ubbe Iwerks. The first animated short with Mickey Mouse was titled “Plane Crazy” which was a silent film. After failing to find a distributor for Plane Crazy or its follow-up, The Gallopin' Gaucho, Walt Disney created a cartoon with sound called Steamboat Willie. A businessman named Pat Powers provided Walt Disney with both distribution and Cinephone, a sound-synchronization process. Steamboat Willie became an instant success. Walt Disney provided the vocal effects for the earliest cartoons and performed as the voice of Mickey Mouse until 1946. Mickey Mouse soon eclipsed Felix the Cat as the world's most popular cartoon character.
In late 1932, Herbert Kalmus, who had just completed work on the first three-strip technicolor camera, approached Walt Disney and convinced him to redo Flowers and Trees, which was originally done in black and white, with three-strip Technicolor. Flowers and Trees would go on to be a phenomenal success and would also win the first Academy Award for Best Short Subject: Cartoons for 1932. Walt Disney was also able to negotiate a two-year deal with Technicolor, giving him the sole right to use three-strip Technicolor. In 1932, Walt Disney received a special Academy Award for the creation of “Mickey Mouse.” In 1936, Ubbe Iwerks shut his studio to work on various projects dealing with animation technology and would go on to pioneer a number of film processes and specialized animation technologies.
With several technical advances now available, Walt Disney had the ability to produce the feature film “Snow White and the Seven Dwarfs.” It was in full production from 1934 until mid-1937, when the studio ran out of money. To obtain the funding to complete Snow White, Walt Disney had to show a rough cut of the motion picture to loan officers at the Bank of America, who gave the studio the money to finish the picture. The finished film premiered on December 21, 1937. The film became the most successful motion picture of 1938 and earned over $8 million in its original theatrical release.
The success of Snow White allowed Walt Disney to build a new campus for the Walt Disney Studios in Burbank, which opened for business on December 24, 1939. The feature animation staff, having just completed Pinocchio, continued work on Fantasia and Bambi and the early production stages of Alice in Wonderland and Peter Pan while the shorts staff continued work on the Mickey Mouse, Donald Duck, Goofy and Pluto cartoon series.
Shortly after the release of Dumbo in October 1941, the United States entered World War II. The US Army contracted most of the Disney studio's facilities and had the staff create training and instructional films for the military, home-front morale-boosting shorts such as Der Fuehrer's Face and the feature film Victory Through Air Power in 1943. However, the military films did not generate income, and the feature film Bambi underperformed when it was released in April 1942. Disney successfully re-issued Snow White in 1944, establishing a seven-year re-release tradition for Disney features.
By the late 1940′s, the studio had recovered enough to continue production on the full-length features Alice in Wonderland and Peter Pan, both of which had been shelved during the war years, and began work on Cinderella, which became Walt Disney's most successful film since Snow White and the Seven Dwarfs.
On a business trip to Chicago in the late-1940′s, Walt Disney drew sketches of his ideas for an amusement park where he envisioned his employees spending time with their children. He got his idea for a children's theme park after visiting Children's Fairyland in Oakland, California. This plan was originally meant for a plot located south of the Studio, across the street. The original ideas developed into a concept for a larger enterprise that was to become Disneyland. He spent five years of his life developing Disneyland and created a new subsidiary of his company, called WED Enterprises, to carry out the planning and production of the park. A small group of Disney studio employees joined the Disneyland development project as engineers and planners, and were dubbed Imagineers. Disneyland officially opened on July 18, 1955. On Sunday, July 17, 1955, Disneyland hosted a live TV preview, among the thousands of people who came out for the preview were Ronald Reagan, Bob Cummings and Art Linkletter, who shared cohosting duties, as well as the mayor of Anaheim.
As Walt Disney Productions began work on Disneyland, it also began expanding its other entertainment operations. In 1950, Treasure Island became the studio's first all-live-action feature, and was soon followed by 20,000 Leagues Under the Sea (in CinemaScope, 1954), Old Yeller (1957), The Shaggy Dog (1959), Pollyanna (1960), Swiss Family Robinson (1960), The Absent-Minded Professor (1961), and The Parent Trap (1961). The Walt Disney Studio produced its first TV special, One Hour in Wonderland, in 1950. Disney began hosting a weekly anthology series on ABC named Disneyland after the park, where he showed clips of past Disney productions, gave tours of his studio, and familiarized the public with Disneyland as it was being constructed in Anaheim, California. In 1955, the studio's first daily television show, Mickey Mouse Club debuted, which would continue in many various incarnations into the 1990′s.
By the early 1960′s, the Walt Disney empire was a major success, and Walt Disney Productions had established itself as the world's leading producer of family entertainment. Walt Disney was the Head of Pageantry for the 1960 Winter Olympics.
In early 1964, Disney announced plans to develop another theme park located a few miles west of Orlando, Florida which was to be called Walt Disney World. Disney World was to include a larger, more elaborate version of Disneyland which was to be called the Magic Kingdom. It would also feature a number of golf courses and resort hotels. The heart of Disney World, however, was to be the Experimental Prototype City of Tomorrow, or EPCOT for short.
After Walt Disney's death, Roy Disney returned from retirement to take full control of Walt Disney Productions and WED Enterprises. In October 1971, the families of Walt and Roy met in front of Cinderella Castle at the Magic Kingdom to officially open the Walt Disney World Resort.
Today, Walt Disney's animation/motion picture studios and theme parks have developed into a multi-billion dollar television, motion picture, vacation destination and media corporation that all carry his name. The Walt Disney Company today owns, among other assets, 5 vacation resorts, 11 theme parks, 2 water parks, 39 hotels, 8 motion picture studios, 6 record labels, 11 cable television networks and 1 television network. As of 2007, the company had an annual revenue of over $35 billion.
In his later years, Walt Disney devoted substantial time towards funding The California Institute of the Arts (CalArts). It was formed in 1961 through a merger of the Los Angeles Conservatory of Music and the Chouinard Art Institute, which had helped in the training of the animation staff during the 1930′s. When Walt Disney died, one-fourth of his estate went towards CalArts, which helped in building its campus. In his will, he paved the way for creation of several charitable trusts which included one for the California Institute of the Arts and other for the Disney Foundation. He also donated 38 acres of the Golden Oaks ranch in Valencia for the school to be built on. CalArts moved onto the Valencia campus in 1972.
In 2009, the Walt Disney Family Museum opened in the Presidio of San Francisco. Thousands of artifacts of Walt Disney's life and career are on display, including 248 awards he received. Walt Disney holds the record for number of Academy Award nominations (59) and number of awarded Oscars (26). Walt Disney was the inaugural recipient of a star on the Anaheim walk of stars. The star was awarded in honor of Walt Disney's significant contributions to the city of Anaheim, California. Walt Disney has 2 stars on the Hollywood Walk of Fame, one for motion pictures and the other for television.
Walt Disney received the Congressional Gold Medal on May 24, 1968 and the Légion d'Honneur in France in 1935. In 1935, he received a special medal from the League of Nations for the creation of Mickey Mouse. He also received the Presidential Medal of Freedom on September 14, 1964. On December 6, 2006, California Governor Arnold Schwarzenegger and First Lady Maria Shriver inducted Walt Disney into the California Hall of Fame located at The California Museum for History, Women and the Arts. A minor planet, 4017 Disneya, discovered in 1980 by Soviet astronomer Lyudmila Georgievna Karachkina, is named after him. The Walt Disney Concert Hall in Los Angeles, California, opened in 2003, was named in his honor.
Raymond Albert “Ray” Kroc (October 5, 1902 – January 14, 1984) was born in Oak Park, Illinois, the son of relatively poor parents. He went to public schools in Oak Park, Illinois, a suburb of Chicago, but did not graduate. He was as an ambulance driver during World War I. After the war, he became a jazz pianist. Upon his marriage in 1922 he went to work for the Lily-Tulip Cup Company, but soon left to become musical director for one of Chicago's pioneer radio stations, WGES. There he played the piano, arranged the music, accompanied singers and hired musicians. Later following land speculation in Florida, he began to sell real estate in Fort Lauderdale. When the boom collapsed in 1926, he was so broke that he had to play piano in a night club to send his wife and daughter back to Chicago by train. He later followed them in his dilapidated Model-T Ford.
Ray Kroc returned to Lily-Tulip as a salesman, later becoming midwestern sales manager. In 1937 he came upon a new invention, a machine that could mix five milk shakes at one time, called the “multi-mixer.” He founded his own company to serve as exclusive distributor for the product in 1941. Many years later, in 1954, he heard of a drive-in restaurant in San Bernardino, California, owned by Richard and Maurice D. McDonald, which was operating eight of his multi-mixers. Curious as to how they could possibly use so many machines in a small establishment, Kroc found the brothers were doing a remarkable business selling only hamburgers, french fries, and milk shakes. He recognized a potential gold mine and approached the brothers about starting a franchise operation based on their restaurant, selling hamburgers for 15 cents, fries for 10 cents and shakes for 20 cents. After some negotiation the McDonald brothers agreed. Under the arrangement, they would receive one-half of one percent of the gross, Kroc would use the McDonald name and concept, pledged to retain high levels of quality, and would retain their symbol – the golden arches. Ray Kroc opened the first of the chain of McDonald's restaurants on April 15, 1955, in Des Plaines, Illinois. On that first day, Ray Kroc's restaurant had sales of $366.12. By 1961 there were over 130 outlets, and in that year he bought out the McDonald brothers for $2.7 million. From these humble beginnings emerged an empire which by 1984 had 8,300 restaurants in 34 countries with sales of more than $10 billion.
Ray Kroc revolutionized the restaurant industry in much the same way that Henry Ford transformed the automobile industry a generation earlier. His great contribution was to figure out how to mass-produce food uniformly in large quantities, and then to convince millions of Americans that they needed to buy this food. To accomplish the first objective, he reduced the food business to a science. He researched every aspect of food. The precision of the operation can be appreciated when it is understood that each McDonald's hamburger was made with a 1.6 ounce beef patty, not more than 18.9 percent fat. It is exactly 0.221 inches thick and 3.875 inches wide.
The other side of the McDonald's success story is franchising, marketing and advertising. Three-quarters of McDonald's restaurants are run by franchisees. By 1985 each franchise cost about $250,000 and ran for 20 years, after which it reverted to the company. When choosing a franchisee, Ray Kroc looked for someone who was good with people. The franchise owners were trained at McDonald's “Hamburger University” in Elk Grove, Illinois. The company also provided a lengthy manual that outlined every aspect of the operation, from how to make a milk shake to how to be responsive to the community. Also critical to the business was advertising. Hundreds of millions of dollars were poured into advertising.
Despite its astounding success, and despite the fact that the company worked hard to project a charitable and community-oriented image, McDonald's came under attack on several fronts. A number of communities refused to allow its restaurants in their area. The company was also criticized for its extensive use of part-time teenage help, and especially for the $200,000 which Ray Kroc donated to Richard Nixon's re-election campaign, since the administration soon after recommended amending the minimum wage law to provide for a “youth differential.” This would have allowed employers to hire teenagers at 80% of the minimum wage. The architecture of the buildings and the nutritional content of the food also came under attack.
In the mid-1970′s Ray Kroc turned his energy from hamburgers to baseball, buying the San Diego Padres. He had less success at this, however, and in 1979 gave up operating control of the team. In the years before his death he and his second wife, Joan, set up foundations to aid alcoholics and established Ronald McDonald houses to help the families of children stricken with cancer.
Howard Robard Hughes, Jr. (December 24, 1905 – April 5, 1976) was born near Houston, Texas. There is some argument as to the exact date and location of his birth. His parents were Allene Stone Gano (a descendant of Owen Tudor, second husband of Catherine of Valois, Dowager Queen of England) and Howard R. Hughes, Sr., who patented the two-cone roller bit, which allowed rotary drilling for petroleum in previously inaccessible places. Howard R. Hughes, Sr. made the decision to commercialize the invention, founding the Hughes Tool Company in 1909, in which be became quite successful.
Showing great aptitude in engineering at an early age, Howard Hughes built Houston's first radio transmitter when he was 11 years old. At 12, he was photographed in the local newspaper as being the first boy in Houston to have a “motorized” bicycle, which he had built himself from parts taken from his father's steam engine. As a student he liked mathematics, flying, and mechanics, taking his first flying lesson at 14 and later auditing math and aeronautical engineering courses at California Institute of Technology (Caltech).
Allene Hughes died in March 1922 from complications of an ectopic pregnancy. In January 1924, Howard Hughes Sr. died of a heart attack. Their deaths apparently inspired Howard Hughes to include the creation of a medical research laboratory in his will that he signed in 1925, at age 19. Because Howard Sr.'s will had not been updated since Allene's death, he inherited 75% of the family fortune. On his 19th birthday, he was declared an emancipated minor, enabling him to take full control of his life and property. He dropped out of Rice University shortly after his father's death. On June 1, 1925, he married Ella Botts Rice. They moved to Los Angeles, where he hoped to make a name for himself making movies.
His first two films, Everybody's Acting (1927) and Two Arabian Knights (1928), were financial successes, the latter winning the first Academy Award for Best Director of a Comedy Picture. The Racket (1928) and The Front Page (1931) were also nominated for Academy Awards. He spent $3.8 million to make the flying film Hell's Angels (1930). He produced another hit, Scarface (1932). The Outlaw, starring Jane Russell was released in 1943.
Howard Hughes' wife returned to Houston in 1929 and filed for divorce. He dated many famous women, including Billie Dove, Bette Davis, Ava Gardner, Olivia de Havilland, Katharine Hepburn and Gene Tierney. He also proposed to Joan Fontaine. Bessie Love was a mistress during his first marriage. Jean Harlow accompanied him to the premiere of Hell's Angels. He remained good friends with Gene Tierney. When her daughter Daria was born deaf and blind with severe mental retardation, due to Tierney being exposed to rubella during her pregnancy, Daria received the best medical care and he paid all the expenses.
On July 11, 1936, Howard Hughes struck and killed a pedestrian named Gabriel S. Meyer with his car. He was booked on suspicion of negligent homicide and held overnight in jail until his attorney obtained a writ of habeas corpus for his release pending a Coroner's inquest. By the time of the coroner's inquiry, however, the witness had changed his story and claimed that Meyer had moved directly in front of Howard Hughes's car. Nancy Bayly (Watts), who was in the car with Hughes at the time of the accident, corroborates this version. On July 16, 1936, he was held blameless by a Coroner's jury at the inquest into Meyer's death.
Howard Hughes was a lifelong aircraft enthusiast, pilot and aircraft engineer. At Rogers Airport in Los Angeles, he learned to fly from pioneer aviators. He set many world records and designed and built several aircraft himself while heading Hughes Aircraft at the airport in Glendale. Operating from there, the most technologically important aircraft he designed was the Hughes H-1 Racer. On September 13, 1935, he, flying the H-1, set what was believed to be an airspeed record of 352 mph (566 km/h) near Santa Ana, California, although it is now recognized that Giuseppe Motta had reached 362 mph in 1929 and George Stainforth reached 407.5 mph in 1931. A year and a half later, on January 19, 1937, flying a redesigned H-1 Racer featuring extended wings, Howard Hughes set a new transcontinental airspeed record by flying non-stop from Los Angeles to New York City in 7 hours, 28 minutes and 25 seconds. His average speed over the flight was 322 mph (518 km/h). The H-1 Racer featured a number of design “innovations”: it had retractable landing gear and all rivets and joints set flush into the body of the aircraft to reduce drag. The H-1 Racer is thought to have influenced the design of a number of World War II fighters such as the Mitsubishi Zero, the Focke-Wulf Fw 190 and the F8F Bearcat, although that has never been reliably confirmed. The H-1 Racer was donated to the Smithsonian Institute in 1975 and is on display at the National Air and Space Museum. On July 10, 1938, Hughes set another record by completing a flight around the world in just 91 hours. For this flight he did not fly an aircraft of his own design, but a Lockheed Super Electra (a twin-engine transport with a four-man crew) fitted with all of the latest radio and navigational equipment. He wanted the flight to be a triumph of technology, illustrating that safe, long-distance air travel was possible. He also had a hand in the design and financing of both the Boeing 307 Stratoliner and Lockheed L-049 Constellation. Howard Hughes received many awards as an aviator, including the Harmon Trophy in 1936 and 1938, the Collier Trophy in 1938, the Octave Chanute Award in 1940 and a special Congressional Gold Medal in 1939 “in recognition of the achievements of Howard Hughes in advancing the science of aviation and thus bringing great credit to his country throughout the world.”
Howard Hughes was involved in a near-fatal aircraft accident on July 7, 1946, while piloting the experimental US Army Air Force reconnaissance aircraft, the XF-11, over Los Angeles. When the XF-11 finally skidded to a halt after hitting three houses, the fuel tanks exploded, setting fire to the aircraft and a nearby home. He managed to pull himself out of the flaming wreckage but lay beside the aircraft until he was rescued. He received significant injuries in the crash, including a crushed collar bone, multiple cracked ribs, crushed chest with collapsed left lung, shifting his heart to the right side of the chest cavity, and numerous 3rd-degree burns. As he lay in his hospital bed, he decided that he did not like the design of the bed. He called in plant engineers to design a “tailor-made” bed, equipped with hot and cold running water, built in 6 sections, and operated by 30 electric motors, with push-button adjustments. Many attribute his long-term addiction to opiates to his use of morphine as a painkiller during his convalescence. The trademark mustache he wore afterward was meant to cover a scar on his upper lip resulting from the accident.
The Hughes H-4 Hercules (“Spruce Goose”) was the world's largest flying aircraft made from wood. At 319 feet 11 inches (97.51 m), it had the biggest wingspan of any aircraft ever built up to that date. The Hercules was originally contracted by the US government for use during World War II to transport troops and equipment across the Atlantic as an alternative to sea-going troop transport ships that were vulnerable to German U-boats. However the aircraft was not completed until after the end of World War II. The Hercules flew only once for one mile (1.6 km), and 70 feet above the water, with Howard Hughes at the controls, on November 2, 1947. Howard Hughes was summoned to testify before the Senate War Investigating Committee to explain why the aircraft had not been delivered to the United States Army Air Forces during the war, but the committee disbanded without releasing a final report.
Hughes Aircraft Company, a division of Hughes Tool Company, was originally founded by Howard Hughes in 1932, in a rented corner of a Lockheed Aircraft Corporation hangar in Burbank, California, to carry out the expensive conversion of a military aircraft into the H-1 racer. During and after World War II, Hughes fashioned his company into a major defense contractor. The Hughes Helicopters division started in 1947 when helicopter manufacturer Kellett sold their latest design to Howard Hughes for production. In 1948, he created a new division of the company, the Hughes Aerospace Group. The Hughes Space and Communications Group and the Hughes Space Systems Division were later spun off in 1948 to form their own divisions and ultimately became the Hughes Space and Communications Company in 1961. In 1953, Howard Hughes gave all his stock in the Hughes Aircraft Company to the newly formed Howard Hughes Medical Institute, thereby turning the aerospace and defense contractor into a tax-exempt charitable organization. The Howard Hughes Medical Institute sold Hughes Aircraft in 1985 to General Motors for $5.2 billion. In 1997, General Motors sold Hughes Aircraft to Raytheon and in 2000, sold Hughes Space & Communications to Boeing. A combination of Boeing, GM and Raytheon acquired the Hughes Research Laboratories.
In 1939, at the urging of Jack Frye, president of TWA, Howard Hughes quietly purchased a majority share of TWA stock for nearly $7 million and took control of the airline. Upon assuming ownership, he was prohibited by federal law from building his own aircraft. Seeking an aircraft that would perform better than TWA's fleet of Boeing 307 Stratoliners, he approached Boeing's competitor, Lockheed. He had a good relationship with Lockheed since they had built the aircraft he used in his record flight around the world in 1938. Lockheed agreed to his request that the new aircraft be built in secrecy. The result was the revolutionary Constellation and TWA purchased the first 40 of the new airliners off the production line. In 1956, Howard Hughes placed an order for 63 Convair 880s for TWA at a cost of $400 million. Although he was extremely wealthy at this time, outside creditors demanded that he relinquish control of TWA in return for providing the money. In 1960, he was ultimately forced out of TWA, although he owned 78% of the company and battled to regain control. In 1966, he was forced by a US federal court to sell his shares in TWA because of concerns over conflict of interest between his ownership of both TWA and Hughes Aircraft. The sale of his TWA shares netted him a profit of $547 million. During the 1970′s, he went back into the airline business, buying the airline Air West and renaming it Hughes Airwest.
In 1948, Howard Hughes gained control of RKO, a struggling major Hollywood studio, by acquiring 25% of the outstanding stock from Floyd Odlum's Atlas Corporation. Within weeks of taking control, he dismissed three-quarters of the work force and production was shut down for 6 months while he undertook the investigation of the politics of all remaining studio employees. Completed pictures would be sent back for re-shooting if he felt his star was not properly presented, or if a film's anti-communist politics were not sufficiently clear. Howard Hughes sold the RKO theaters in 1953 as settlement of the United States v. Paramount Pictures, Inc. antitrust case. With the sale of the profitable theaters, the shaky status of the film studio became increasingly apparent. A steady stream of lawsuits from RKO's minority shareholders, charging him with financial misconduct and corporate mismanagement, became an increasing nuisance, especially because he wanted to focus on his aircraft-manufacturing and TWA holdings during the Korean War years. Eager to be rid of the distraction, he offered to buy out all other stockholders. By the end of 1954, at a cost of nearly $24 million, he had gained near total control of RKO, becoming the closest thing to a sole owner of a Hollywood studio seen in 3 decades. 6 months later, he sold the studio to the General Tire and Rubber Company for $25 million. Howard Hughes retained the rights to pictures he had personally produced, including those made at RKO. He also retained Jane Russell's contract. For Howard Hughes, this was the virtual end of his 25-year involvement in motion pictures. He reportedly walked away from RKO having made $6.5 million in personal profit. General Tire's studio lots in Hollywood and Culver City were sold to Desilu Productions for $6.15 million in 1957.
In 1953, Howard Hughes launched the Howard Hughes Medical Institute in Chevy Chase, Maryland, formed with the express goal of basic biomedical research, including trying to understand the “genesis of life itself.” His first will, which he signed in 1925 at the age of 19, stipulated that a portion of his estate should be used to create a medical institute bearing his name. He gave all his stock in the Hughes Aircraft Company to the institute, thereby turning the aerospace and defense contractor into a tax-exempt charity. The Howard Hughes Medical Institute's new board of trustees sold Hughes Aircraft in 1985 to General Motors for $5.2 billion, allowing the institute to grow dramatically. The Howard Hughes Medical Institute was the 4th largest private organization as of 2007 and the largest devoted to biological and medical research, with an endowment of $16.3 billion as of June 2007.
On January 12, 1957, Howard Hughes married actress Jean Peters.
Shortly before the 1960 Presidential election, Richard Nixon was harmed by revelations of a $205,000 loan from Howard Hughes to Nixon's brother Donald. In late 1971, Donald Nixon was collecting intelligence for his brother in preparation for the upcoming presidential election. One of Donald's sources was John H. Meier, a former business adviser of Howard Hughes who had also worked with Democratic National Chairman Larry O'Brien. However, Meier conspired with former Vice President of the United States, Hubert Humphrey, and others to feed disinformation to the Nixon campaign. Meier told Donald that he was sure the Democrats would win the election because Larry O'Brien had a great deal of information on Richard Nixon's illicit dealings with Howard Hughes that had never been released. Donald told his brother that O'Brien was in possession of damaging information that could destroy his campaign.
In 1972, Howard Hughes was approached by the CIA to help secretly recover Soviet submarine K-129 which had sunk near Hawaii 4 years earlier. Thus the Glomar Explorer, a special-purpose salvage vessel, was born. His involvement provided the CIA with a plausible cover story, having to do with civilian marine research at extreme depths and the mining of undersea manganese nodules. In the summer of 1974, Glomar Explorer attempted to raise the Soviet vessel. However, during the recovery a mechanical failure in the ship's grapple caused half of the submarine to break off and fall to the ocean floor. This section is believed to have held many of the most sought-after items, including its code book and nuclear missiles. Two nuclear-tipped torpedoes and some cryptographic machines were recovered, along with the bodies of six Soviet submariners who were subsequently given formal burial at sea in a filmed ceremony. The operation, known as Project Azorian, became public in February 1975 because burglars had obtained secret documents from Howard Hughes' headquarters in June 1974. Though he lent his name to the operation, Howard Hughes and his companies had no actual involvement in the project.
The wealthy and aging Howard Hughes, accompanied by his entourage of personal aides, began moving from one hotel to another, always taking up residence in the top floor penthouse. During the last 10 years of his life, from 1966 to 1976, he lived in hotels in Beverly Hills, Boston, Las Vegas, Nassau, Freeport, Xanadu Princess Hotel, Bayshore Inn Vancouver, London, Managua, Acapulco and others.
On November 24, 1966, Howard Hughes arrived in Las Vegas by railroad car and moved into the Desert Inn. Because he refused to leave the hotel and to avoid further conflicts with the owners of the hotel, he bought the Desert Inn in early 1967. The hotel's 8th floor became the operational center of his empire and the 9th-floor penthouse became his personal residence. Between 1966 and 1968, he bought several other hotels/casinos such as the Castaways, New Frontier, The Landmark Hotel and Casino, the Sands and Silver Slipper casino. He wanted to change the image of Las Vegas to something more glamorous than it was. As he wrote in a memo to an aide, “I like to think of Las Vegas in terms of a well-dressed man in a dinner jacket and a beautifully jeweled and furred female getting out of an expensive car.” He bought several local television stations (including KLAS-TV).
In 1971, Jean Peters filed for divorce. Peters requested a lifetime alimony payment of $70,000 a year, adjusted for inflation, and waived all claims to Howard Hughes' estate. Hughes offered her a settlement of over a million dollars, but she declined it.
Howard Hughes was reported to have died on April 5, 1976, at 1:27 PM on board an aircraft owned by Robert Graf, en route from his penthouse at the “Acapulco Fairmont Princess Hotel” in Mexico to The Methodist Hospital in Houston, Texas. A subsequent autopsy noted kidney failure as the cause of death. He was in extremely poor physical condition at the time of his death. X-rays revealed broken-off hypodermic needles still embedded in his arms and severe malnutrition. While his kidneys were damaged, his other internal organs were deemed perfectly healthy.
Howard Hughes' $2.5 billion estate was eventually split in 1983 among 22 cousins, including William Lummis who serves as a trustee of the Howard Hughes Medical Institute. The US Supreme Court ruled that Hughes Aircraft was owned by the Howard Hughes Medical Institute, which sold it to General Motors in 1985 for $5.2 billion. Suits brought by the states of California and Texas claiming they were owed inheritance tax were both rejected by the court. In 1984, his estate paid an undisclosed amount to Terry Moore, who claimed to have been secretly married to him on a yacht in international waters off Mexico in 1949 and never divorced.
Howard Hughes has now emerged as one of the 20th Century's most iconic business and aviation figures spawning a wide range of cultural references.
Samuel Moore “Sam” Walton (March 29, 1918 – April 5, 1992) was born in Kingfisher, Oklahoma. As a child, Sam Walton moved with his family to Missouri where he became an Eagle Scout at age 13, a student leader, basketball star and quarterback on a state championship football team at Hickman High School in Columbia, Missouri. He graduated from the University of Missouri at Columbia in 1940 with a BA in Economics. During World War 2, he served as a Captain in the US Army Intelligence Corps. While in the army, he married Helen Robson of Claremore, Oklahoma, on Valentine's Day, February 14, 1943. Over the years, they had 4 children: Rob, Jim, John and Alice.
Immediately following his military service, Sam Walton worked for JC Penney in Iowa and operated his own variety store in Newport, Arkansas. In 1951, he opened Walton's Five and Dime in Bentonville, Arkansas. On July 2, 1962, he opened his first Walmart store in Rogers, Arkansas. He launched a determined effort to market American-made products. Included in the effort was a willingness to find American manufacturers who could supply merchandise for the entire WalMart chain at a price low enough to meet the foreign competition. The company's early popularity exceeded his expectations, resulting in a rapid state-by-state store expansion financed largely through proceeds of a public stock offering in 1971. As part of his managing strategy, he made sure that information regarding the company's objectives and results was not held closely by a few executives, but was shared among all the employees. Sam Walton was a role model and visionary. He introduced new technologies to retailing and encouraged employees to take risks. He experimented with different types of stores. Sam's Club membership warehouses and Walmart Supercenters were two successful examples. When he thought the time was right, he expanded first into Mexico, and then into other countries. By late 1998, Walmart had stores on 4 continents and 9 countries.
Over his lifetime, Sam Walton was recognized for both his business success and his commitment to the community. He built this company with the purpose of saving people money so they can live better. This foresight contributed to him being named “America's Most Successful Merchant” in the September 1991 cover story of Fortune magazine.
His commitment to philanthropy resulted in the creation of a foundation. That commitment has grown to domestic and international Walmart foundations giving more than $423 million in cash and in-kind gifts from February 1, 2008 through January 31, 2009.
Shortly before his death on April 5, 1992, Sam Walton received the Presidential Medal of Freedom from President George Bush, the highest honor the country bestows on its private citizens. He also received the prestigious 1997 National Patriots Award for “exemplifying the ideals that make this country strong.” In 1998, he was included in Time's list of 100 most influential people of the 20th Century. Sam Walton was honored for all his pioneering efforts in retail in March 1992. Also that year, the Jiangsu province of the People's Republic of China awarded him the Golden Star Foreigner's Award for “tireless assistance in the development of People's owned factories in the Suzhou area.
Mary Kay Ash (May 12, 1918 – November 22, 2001) was born Mary Kathlyn Wagner in Hot Wells, Texas. Her mother, who had studied to be a nurse, worked long hours managing a restaurant. When Mary Kay was two or three, her father was ill with tuberculosis. As a result, it was her responsibility to clean, cook, and care for her father while her mother was at work. She excelled in school, but her family could not afford to send her to college. She married at age seventeen and eventually had three children.
During a time when few married women with families worked outside the home, Mary Kay Ash became an employee of Stanley Home Products in Houston, Texas. She conducted demonstration “parties” at which she sold company products, mostly to homemakers like herself. Energetic and a quick learner, Mary Kay Ash became a unit manager, a post she held from 1938 to 1952. She also spent a year studying at the University of Houston to follow her dream of becoming a doctor, but she gave it up and returned to sales work. After her marriage ended in 1952, she took a sales job at World Gift Company in Dallas, Texas. She began to develop her theory of marketing and sales, which included offering sales incentives to the customer as well as the sales force. She was intelligent and hardworking, but, unlike men, women were given hardly any opportunities for advancement at the time. Tired of being passed over for promotions in favor of the men she had trained, she quit. She planned to write a book about her experiences in the work force.
In 1963, with an investment of $5000 Mary Kay Ash founded her own company to sell a skin cream to which she had purchased the manufacturing rights. She named her company “Beauty by Mary Kay.” She was determined to offer career opportunities in her company to any woman who had the energy and creativity required to sell Mary Kay cosmetics. Before long she had a force of female sales representatives who were eager to prove themselves. Her second husband died in 1963, a month before her company was established. Her oldest son helped guide her through the start-up phase of her company. Three years later she married Melville J. Ash, who worked in the wholesale gift business. Believing it was important to reward hard workers, she gave away vacations, jewelry and pink Cadillacs to her top performers. With goals such as these to shoot for, her salespeople made the company a huge success. Within two years sales neared $1 million. The company's growth continued and new products were added. Every year since 1992 Mary Kay Cosmetics made Fortune magazine's list of 500 largest companies and was listed in a book entitled “The 100 Best Companies to Work for in America.” It now employs over 475 thousand people in over 25 countries.
Mary Kay Ash published her life story, Mary Kay, in 1981. It sold over a million copies, and she went on to write Mary Kay on People Management (1984) and Mary Kay—You Can Have It All (1995). In 1987 she became chairman emeritus of her company. She helped raise money for cancer research after her third husband died of the disease. In 1993 she was honored with the dedication of the Mary Kay Ash Center for Cancer Immunotherapy Research at St. Paul Medical Center in Dallas. In 1996 the Mary Kay Ash Charitable Foundation was started to research cancers that mainly affect women. She was a tough businessperson with a thorough knowledge of marketing and sales. Through her belief in women's abilities and her willingness to give them a chance, she made the dream of a successful career a reality for hundreds of thousands of women worldwide.
George Walton Lucas, Jr. (born May 14, 1944) is an American film producer, screenwriter and director. He is best known for being the creator of the Star Wars and Indiana Jones movie franchises. George Lucas was born in Modesto, California, the son of Dorothy and George Lucas, Sr. (1913–1991), who owned a stationery store.
Long before George Lucas became obsessed with film making, he wanted to be a race-car driver, and he spent most of his high school years racing on the underground circuit at fairgrounds and hanging out at garages. However, a near-fatal accident in his souped-up Autobianchi Bianchina on June 12, 1962, just days before his high school graduation, quickly changed his mind. Instead of racing, he attended Modesto Junior College and later got accepted into a junior college to study anthropology. While taking liberal arts courses, he developed a passion for cinematography and camera tricks. George Lucas graduated from Brookdale Community College in New Jersey.
During this time, an experimental filmmaker named Bruce Baillie tacked up a bedsheet in his backyard in 1960 to screen the work of underground, avant-garde 16 mm filmmakers like Jordan Belson, Stan Brakhage and Bruce Conner. For the next few years, Baillie's series, dubbed Canyon Cinema, toured local coffeehouses. These events became a magnet for the teenage George Lucas and his boyhood friend John Plummer. The 19-year-olds began slipping away to San Francisco to hang out in jazz clubs and find news of Canyon Cinema screenings in flyers at the City Lights bookstore. Already a promising photographer, George Lucas became infatuated with these abstract films.
George Lucas then transferred to the University of Southern California School of Cinematic Arts. USC was one of the earliest universities to have a school devoted to motion picture film. During the years at USC, George Lucas shared a dorm room with Randal Kleiser. Along with classmates such as Walter Murch, Hal Barwood and John Milius, they became a clique of film students known as The Dirty Dozen. He also became very good friends with fellow acclaimed student filmmaker and future Indiana Jones collaborator, Steven Spielberg. George Lucas was deeply influenced by the Filmic Expression course taught at the school by filmmaker Lester Novros which concentrated on the non-narrative elements of Film Form like color, light, movement, space and time. Another huge inspiration was the Serbian montagist (and dean of the USC Film Department) Slavko Vorkapich, a film theoretician comparable in historical importance to Sergei Eisenstein, who moved to Hollywood to make stunning montage sequences for studio features at MGM, RKO and Paramount.
After graduating with a bachelor of fine arts in film in 1967, he tried joining the United States Air Force as an officer, but he was immediately turned down because of his numerous speeding tickets. He was later drafted by the Army for military service in Vietnam, but he was exempt from the draft after medical tests showed he had diabetes, the disease that killed his paternal grandfather.
In 1967, Lucas re-enrolled as a USC graduate student in film production. Working as a teaching instructor for a class of US Navy students who were being taught documentary cinematography, George Lucas directed the short film Electronic Labyrinth: THX 1138 4EB, which won first prize at the 1967–68 National Student Film Festival, and was later adapted into his first full-length feature film, THX 1138. George Lucas was awarded a student scholarship by Warner Brothers to observe and work on the making of a film of his choosing. The film he chose was Finian's Rainbow (1968) which was being directed by Francis Ford Coppola, who at the time was revered among film school students of the time as a cinema graduate who had “made it” in Hollywood. In 1969, George Lucas was one of the camera operators on the classic Rolling Stones concert film Gimme Shelter.
George Lucas is a filmmaker, with a film career dominated by writing and production. Aside from the nine short films he made in the 1960s, he also directed six major features. His work from 1971 and 1977 as a writer-director, which established him as a major figure in Hollywood, consists of just three films: THX 1138, American Graffiti, and Star Wars. There was a 22-year hiatus between Star Wars Episode IV and his only other feature-film directing credits, the three Star Wars prequels.
George Lucas acted as a writer and executive producer on another successful Hollywood film franchise, the Indiana Jones series. In addition, his decision to establish his own effects company to make the original Star Wars film has produced enormous benefits; this company, the award-winning Industrial Light and Magic (ILM), is one of the world leaders in movie special effects.
George Lucas co-founded the studio American Zoetrope with Francis Ford Coppola — whom he met during his internship at Warner Brothers – hoping to create a liberating environment for filmmakers to direct outside the perceived oppressive control of the Hollywood studio system. His first full-length feature film produced by the studio, THX 1138, was not a success. George Lucas then created his own company, Lucasfilm, Ltd., and directed American Graffiti (1973). His new-found wealth and reputation enabled him to develop a story set in space. Even so, he encountered difficulties getting Star Wars made. It was only because Alan Ladd, Jr., at Fox Studios, liked American Graffiti that he forced through a production and distribution deal for the film, which ended up restoring Fox to financial stability after a number of flops.
Star Wars quickly became the highest-grossing film of all-time, displaced five years later by Steven Spielberg's ET the Extra-Terrestrial. During the filming of Star Wars, George Lucas waived his up-front fee as director and negotiated to own the merchandising and licensing rights. This decision earned him hundreds of millions of dollars, as he was able to directly profit from all the licensed games, toys and collectibles created for the franchise. This accumulated capital enabled him to finance the sequel himself.
Over the two decades after the first Star Wars film, Lucas worked extensively as a writer and/or producer, including the many Star Wars spinoffs made for film, TV, and other media. He acted as executive producer for the next two Star Wars films, assigning the direction of The Empire Strikes Back to Irvin Kershner and Return of the Jedi to Richard Marquand, while receiving a story credit on the former and sharing a screenwriting credit with Lawrence Kasdan on the latter. George Lucas also acted as executive producer and story writer on all four of the Indiana Jones films, which he convinced his colleague and good friend, Steven Spielberg, to direct. Other notable projects as a producer or executive producer in this period include Kurosawa's Kagemusha (1980), Lawrence Kasdan's Body Heat (1981), Jim Henson's Labyrinth (1986), Godfrey Reggio's Powaqqatsi (1986) and the animated film The Land Before Time (1988). There were also some other projects, including More American Graffiti (1979), Howard the Duck (1986), Willow (1988) and Tucker: The Man and His Dream (1988). Between 1992 and 1996, George Lucas served as executive producer for the television spinoff The Young Indiana Jones Chronicles. In 1997, for the 20th anniversary of Star Wars, George Lucas went back to his trilogy to enhance and add certain scenes using newly available digital technology. These new versions were released in theaters as the Star Wars Trilogy: Special Edition. For DVD releases in 2004, this series has received further revisions to make them congruent with the prequel trilogy. Besides the additions to the Star Wars franchise, George Lucas released Special Edition director's cuts of THX 1138 and American Graffiti containing a number of CGI revisions.
The animation studio Pixar was founded as the Graphics Group, one third of the Computer Division of Lucasfilm. Pixar's early computer graphics research resulted in groundbreaking effects in films such as Star Trek II: The Wrath of Khan and Young Sherlock Holmes, and the group was purchased in 1986 by Steve Jobs shortly after he left Apple after a power struggle at Apple Computer. Steve Jobs paid $5 million to George Lucas and put $5 million as capital into the company. The sale reflected George Lucas' desire to stop the cash flow losses from his 7-year research projects associated with new entertainment technology tools, as well as his company's new focus on creating entertainment products rather than tools. A contributing factor was cash-flow difficulties following George Lucas' 1983 divorce concurrent with the sudden dropoff in revenues from Star Wars licenses following the release of Return of the Jedi.
The sound-equipped system, THX Ltd, was founded by George Lucas and Tomlinson Holman. The company was formerly owned by Lucasfilm, and contains equipment for stereo, digital, and theatrical sound for movies, and music. Skywalker Sound and Industrial Light and Magic, the sound and visual effects subdivisions of Lucasfilm, respectively, have become among the most respected firms in their fields. Lucasfilm Games, later renamed LucasArts, is well respected in the gaming industry.
In 1994, George Lucas began work on the screenplay for the prequel The Phantom Menace, which would be the first film he had directed in over two decades. The Phantom Menace was released in 1999, beginning a new trilogy of Star Wars films. George Lucas also directed Star Wars Episode II: Attack of the Clones and Star Wars Episode III: Revenge of the Sith which were released in 2002 and 2005, respectively.
In 2008, he reteamed with Steven Spielberg for Indiana Jones and the Kingdom of the Crystal Skull.
In 1991, The George Lucas Educational Foundation was founded as a nonprofit operating foundation to celebrate and encourage innovation in schools. The Foundation's content is available under the brand Edutopia, in an award-winning web site and via documentary films. George Lucas, through his foundation, was one of the leading proponents of the E-rate program in the universal service fund, which was enacted as part of the Telecommunications Act of 1996. On June 24, 2008, George Lucas testified before the United States House of Representatives subcommittee on Telecommunications and the Internet as the head of his Foundation to advocate for a free wireless broadband educational network.
The American Film Institute awarded George Lucas its Life Achievement Award on June 9, 2005. This was shortly after the release of Star Wars Episode III: Revenge of the Sith, about which he joked stating that, since he views the entire Star Wars series as one movie, he could actually receive the award now that he had finally “gone back and finished the movie.”
On June 5, 2005, George Lucas was named among the 100 “Greatest Americans” by the Discovery Channel.
George Lucas was nominated for four Academy Awards: Best Directing and Writing for American Graffiti, and Best Directing and Writing for Star Wars. He received the Academy's Irving G. Thalberg Award in 1991. He appeared at the 79th Academy Awards ceremony in 2007 with Steven Spielberg and Francis Ford Coppola to present the Best Director award to their friend Martin Scorsese. During the speech, Spielberg and Coppola talked about the joy of winning an Oscar, making fun of George Lucas, who has not won a competitive Oscar.
In 2005, George Lucas gave $1 million to help build the Martin Luther King, Jr. National Memorial on the National Mall in Washington DC to commemorate American civil rights leader Martin Luther King, Jr.
On September 19, 2006, USC announced that George Lucas had donated $175–180 million to his alma mater to expand the film school. It is the largest single donation to USC and the largest gift to a film school anywhere. Previous donations led to the already existing George Lucas Instructional Building and Marcia Lucas Post-Production building.
On January 1, 2007, George Lucas served as the Grand Marshal for the 2007 Tournament of Roses Parade, and made the coin toss at the 2007 Rose Bowl.
On August 25, 2009, Governor Arnold Schwarzenegger and Maria Shriver announced that George Lucas would be one of 13 California Hall of Fame inductees in The California Museum's yearlong exhibit. The induction ceremony was on December 1, 2009, in Sacramento, California.
On September 6, 2009, George Lucas was in Venice to present to the Pixar team the Golden Lion for Lifetime Achievement during the 2009 Biennale Venice Film Festival.
Oprah Winfrey (born Orpah Gail Winfrey on January 29, 1954) was born in Kosciusko, Mississippi to unmarried teenage parents. Her mother, Vernita Lee was a housemaid. She believed that her biological father was Vernon Winfrey, a coal miner turned barber turned city councilman who had been in the Armed Forces when she was born. She had her DNA tested. The genetic test determined that her maternal line originated among the Kpelle ethnic group, in the area that today is Liberia. Her genetic make up was determined to be 89% Sub-Saharan African. After her birth, her mother moved and she spent her first 6 years living in rural poverty with her grandmother. Her grandmother taught her to read before the age of 3 and took her to the local church. At 6, she moved to an inner-city neighborhood in Milwaukee, Wisconsin with her mother. Oprah Winfrey has stated that she was molested by her cousin, her uncle and a family friend, starting when she was 9 years old. When she was 14, she became pregnant, her son dying shortly after birth. Her mother sent her to live with Vernon Winfrey in Nashville, Tennessee. Vernon was strict, but encouraging and made her education a priority. Oprah Winfrey became an honors student, was voted Most Popular Girl, joined her high school speech team at East Nashville High School, placing second in the nation in dramatic interpretation. She won an oratory contest, which secured her a full scholarship to Tennessee State University where she studied communication. Her first job as a teenager was working at a local grocery store. At age 17, she won the Miss Black Tennessee beauty pageant. She got the attention of the local black radio station, WVOL, which hired her to do the news part-time. She worked there during her senior year of high school, and again while in her first two years of college.
Working in local media, she was both the youngest news anchor and the first black female news anchor at Nashville's WLAC-TV. She moved to Baltimore's WJZ-TV in 1976 to co-anchor the 6pm news. She was then recruited to join Richard Sher as co-host of WJZ's local talk show People Are Talking, which premiered on August 14, 1978. She also hosted the local version of Dialing for Dollars. In 1983, she moved to Chicago to host WLS-TV's low-rated half-hour morning talk show, AM Chicago. The first episode aired on January 2, 1984. Within months after she took over, the show went from last place in the ratings to overtaking Donahue as the highest rated talk show in Chicago. The movie critic Roger Ebert persuaded her to sign a syndication deal with King World. It was renamed The Oprah Winfrey Show, expanded to a full hour, and broadcast nationally beginning September 8, 1986. Her syndicated show brought in double Donahue's national audience, displacing Donahue as the number one day-time talk show in America. In the mid 1990′s she adopted a less tabloid-oriented format, hosting shows on broader topics such as heart disease, geopolitics, spirituality and meditation and interviewing celebrities on social issues they were directly involved with, such as cancer, charity work, or substance abuse.
In 1985, Oprah Winfrey co-starred in Steven Spielberg's The Color Purple as distraught housewife, Sofia. She was nominated for an Academy Award for Best Supporting Actress. In addition, she produced and co-starred in the 1989 drama miniseries The Women of Brewster Place and Brewster Place. In October 1998, she produced and starred in the film Beloved, based on Toni Morrison's Pulitzer Prize winning novel. Oprah Winfrey co-founded the women's cable television network Oxygen. She is also the president of Harpo Productions. On January 15, 2008, Winfrey and Discovery Communications announced plans to change Discovery Health Channel into a new channel called OWN: The Oprah Winfrey Network. In late 2008, Harpo Films signed an exclusive output pact to develop and produce scripted series, documentaries and movies for HBO. In 1993, she hosted a rare prime-time interview with Michael Jackson, which became the 4th most watched event in American television history as well as the most watched interview ever, with an audience of 36.5 million. On December 1, 2005, she appeared on The Late Show with David Letterman to promote the new Broadway musical The Color Purple, of which she was a producer. The episode helped Letterman attract his largest audience in more than 11 years: 13.45 million viewers. Oprah voiced Gussie the goose for Charlotte's Web (2006) and the voice of Judge Bumbleden in Bee Movie (2007). In 2009, she provided the voice for the character of Eudora in Disney's The Princess and the Frog and in 2010, narrated the US version of the BBC nature program Life for Discovery.
Oprah Winfrey has co-authored five books. She publishes 2 magazines: O, The Oprah Magazine and O at Home. In 2002 Fortune called O, the Oprah Magazine the most successful start-up ever in the industry. Her company created the Oprah.com website to provide resources and interactive content relating to her shows, magazines, book club, and public charity. Oprah.com averages more than 70 million page views and more than six million users per month, and receives approximately 20,000 e-mails each week. She initiated “Oprah's Child Predator Watch List”, through her show and website, to help track down accused child molesters. Within the first 48 hours, two of the featured men were captured.
On February 9, 2006, it was announced that Oprah Winfrey had signed a three-year, $55 million contract with XM Satellite Radio to establish a new radio channel. The channel, Oprah Radio, features popular contributors to The Oprah Winfrey Show and O, The Oprah Magazine including Nate Berkus, Dr. Mehmet Oz, Bob Greene, Dr. Robin Smith and Marianne Williamson. Oprah & Friends began broadcasting at 11:00 am ET, September 25, 2006, from a new studio at her Chicago headquarters. At 41, she had a net worth of $340 million and replaced Bill Cosby as the only African American on the Forbes 400. With a 2000 net worth of $800 million, she is the wealthiest African American of the 20th century.
Oprah Winfrey has been called the world's most powerful and influetial woman by CNN, Time, Life, USA Today, Entertainment Weekly, Ladies Home Journal, American Spectator and others. In 2010, Life magazine named Oprah Winfrey one of the 100 people who changed the world, along side such luminaries as Jesus Christ, Elvis Presley and Lady Mary Wortley Montagu. She was the only living woman to make the list.
In 2005 Oprah Winfrey was named the greatest woman in American history as part of a public poll as part of The Greatest American. She was ranked #9 overall on the list of greatest Americans. The Wall Street Journal coined the term “Oprahfication”, meaning public confession as a form of therapy. The power of Oprah Winfrey's opinions and endorsement to influence public opinion, especially consumer purchasing choices, has been dubbed “The Oprah Effect”. The effect has been documented or alleged in book sales, beef markets and election voting. She endorsed presidential candidate Barack Obama in the 2008 presidential election. This is the first time she publicly made such an endorsement. An analysis by two economists at the University of Maryland, College Park estimated that Oprah Winfrey's endorsement was responsible for between 423,123 and 1,596,995 votes for Obama in the Democratic primary alone, based on a sample of states that did not include Texas, Michigan, North Dakota, Kansas, or Alaska. The results suggest that in the sampled states, her endorsement was responsible for the difference in the popular vote between Barack Obama and Hillary Clinton.
In 1998, Oprah Winfrey created the Oprah's Angel Network, a charity that supported charitable projects and provided grants to nonprofit organizations around the world. Oprah's Angel Network raised more than $80,000,000. She personally covered all administrative costs associated with the charity, so 100% of all funds raised went to charity programs. The charity stopped accepting donations in May 2010 and was later dissolved. Her show raises money through promotion of her public charity and she personally donates more of her own money to charity than any other show-business celebrity in America. In 2005 she became the first black person listed by Business Week as one of America's 50 most generous philanthropists, having given an estimated $303 million. In the wake of Hurricane Katrina, she created the Oprah Angel Network Katrina registry which raised more than $11 million for relief efforts. She personally gave $10 million to the cause. Homes were built in Texas, Mississippi, Louisiana, Alabama before the one year anniversary of Hurricanes Katrina and Rita. She has also helped 250 African-American men continue or complete their education at Morehouse College in Atlanta, Georgia. She was the recipient of the first Bob Hope Humanitarian Award at the 2002 Emmy Awards for services to television and film. To celebrate two decades on national TV, and to thank her employees for their hard work, she took her staff and their families (1065 people in total) on vacation to Hawaii in the summer of 2006. She invested $40 million and some of her time establishing the Oprah Winfrey Leadership Academy for Girls near Johannesburg, South Africa. The school opened in January 2007 with an enrollment of 152 pupils and features such amenities as a beauty salon and yoga studio. Nelson Mandela praised her for overcoming her own disadvantaged youth to become a benefactor for others and for investing in the future of South Africa. Winfrey teaches a class at the school via satellite.
Steven Paul Jobs (February 24, 1955 – October 5, 2011) was born in San Francisco and was adopted by Paul and Clara Jobs. His biological parents – Abdulfattah Jandali, a Syrian Muslim graduate student who later became a political science professor, and Joanne Simpson, an American graduate student who went on to become a speech therapist – later married, giving birth to and raising his biological sister, the novelist Mona Simpson. He attended Cupertino Junior High School and Homestead High School in Cupertino, California, and frequented after-school lectures at the Hewlett-Packard Company in Palo Alto, California. He was soon hired there and worked with Steve Wozniak as a summer employee.
In 1972, he graduated from high school and enrolled in Reed College in Portland, Oregon. Although he dropped out after only one semester, he continued auditing classes at Reed. In the autumn of 1974, he returned to California and began attending meetings of the Homebrew Computer Club with Wozniak. He took a job as a technician at Atari with the primary intent of saving money for a spiritual retreat to India. After his retreat to India, he was given the task of creating a circuit board for the game Breakout. Atari offered $100 for each chip that was eliminated in the machine. Steve Jobs had little interest or knowledge in circuit board design and made a deal with Wozniak to split the bonus evenly between them if Wozniak could minimize the number of chips. Wozniak reduced the number of chips by 50.
In 1976, Steve Jobs, Steve Wozniak and Ronald Wayne, with later funding from a then-semi-retired Intel product-marketing manager and engineer AC “Mike” Markkula Jr., founded Apple. As Apple continued to expand, the company began looking for an experienced executive to help manage its expansion.
In 1978, Apple recruited Mike Scott from National Semiconductor to serve as CEO. In 1983, Steve Jobs lured John Sculley away from Pepsi-Cola to serve as Apple's CEO. The following year, Apple aired a Super Bowl television commercial titled “1984.” The Macintosh became the first commercially successful small computer with a graphical user interface.
While Steve Jobs was a persuasive and charismatic director for Apple, some of his employees from that time had described him as an erratic and temperamental manager. An industry-wide sales slump towards the end of 1984 caused a deterioration in Steve Jobs's working relationship with Sculley, and at the end of May 1985 – following an internal power struggle and an announcement of significant layoffs – Sculley relieved Steve Jobs of his duties as head of the Macintosh division.
Around the same time, Steve Jobs founded another computer company, NeXT Computer. Like the Apple Lisa, the NeXT workstation was technologically advanced. Among those who could afford it, the NeXT workstation garnered a strong following because of its technical strengths, chief among them its object-oriented software development system. He marketed NeXT products to the scientific and academic fields because of the innovative, experimental new technologies it incorporated. He ran NeXT with an obsession for aesthetic perfection, as evidenced by such things as the NeXTcube's magnesium case. This put considerable strain on NeXT's hardware division, and in 1993, after having sold only 50,000 machines, NeXT transitioned fully to software development with the release of NeXTSTEP/Intel.
In 1986, Steve Jobs bought The Graphics Group (later renamed Pixar) from Lucasfilm's computer graphics division for the price of $10 million. The new company was initially intended to be a high-end graphics hardware developer. After years of unprofitability selling the Pixar Image Computer, it contracted with Disney to produce a number of computer-animated feature films, which Disney would co-finance and distribute. The first film produced by the partnership, Toy Story, brought fame and critical acclaim to the studio when it was released in 1995. Over the next ten plus years, under Pixar's creative chief John Lasseter, the company would produce the box-office hits A Bug's Life, Toy Story 2, Monsters, Inc., Finding Nemo, The Incredibles, Cars, Ratatouille, WALL-E, Up and Toy Story 3. Finding Nemo, The Incredibles, Ratatouille, WALL-E and Up each received the Academy Award for Best Animated Feature, an award introduced in 2001. On January 24, 2006, Steve Jobs announced that Disney had agreed to purchase Pixar in an all-stock transaction worth $7.4 billion. Once the deal closed, Steve Jobs became The Walt Disney Company's largest single shareholder with approximately 7% of the company's stock. He joined the company's board of directors upon completion of the merger.
In 1996, Apple announced that it would buy NeXT for $429 million. The deal was finalized in late 1996, bringing Steve Jobs back to the company he co-founded. He soon became Apple's interim CEO after the directors lost confidence in and ousted then-CEO Gil Amelio in a boardroom coup. In March 1998, to concentrate Apple's efforts on returning to profitability, He immediately terminated a number of projects such as Newton, Cyberdog, and OpenDoc. He also changed the licensing program for Macintosh clones, making it too costly for the manufacturers to continue making machines. With the purchase of NeXT, much of the company's technology found its way into Apple products, most notably NeXTSTEP, which evolved into Mac OS X. Under his guidance the company increased sales significantly with the introduction of the iMac and other new products.
In recent years, the company has branched out, introducing and improving upon other digital appliances. With the introduction of the iPod portable music player, iTunes digital music software and the iTunes Store, the company made forays into consumer electronics and music distribution. In 2007, Apple entered the cellular phone business with the introduction of the iPhone, which also included the features of an iPod and, with its own mobile browser, revolutionized the mobile browsing scene. While stimulating innovation, He reminds his employees that delivering working products on time is as important as innovation and attractive design.
As of October 2009, Steve Jobs owned 5.426 million shares of Apple, most of which was granted in 2003 when he was given 10 million shares. He also owned 138 million shares of Disney, which he received in exchange for Disney's acquisition of Pixar. Forbes estimated his net wealth at $5.1 billion in 2009, making him the 43rd wealthiest American.
Steve Jobs has always aspired to position Apple and its products at the forefront of the information technology industry by foreseeing and setting trends, at least in innovation and style. His model for business is “The Beatles: They were four guys that kept each other's negative tendencies in check; they balanced each other. And the total was greater than the sum of the parts.” Great things in business are not done by one person, they are done by a team of people.
Steve Jobs was awarded the National Medal of Technology from President Ronald Reagan in 1985 with Steve Wozniak, and a Jefferson Award for Public Service in the category “Greatest Public Service by an Individual 35 Years or Under”. On November 27, 2007, he was named the most powerful person in business by Fortune Magazine. On December 5, 2007, California Governor Arnold Schwarzenegger and First Lady Maria Shriver inducted him into the California Hall of Fame, located at The California Museum for History, Women and the Arts. In August 2009, he was selected the most admired entrepreneur among teenagers on a survey by Junior Achievement. On November 5, 2009, Jobs was named the CEO of the decade by Fortune Magazine. In November 2009 Jobs was ranked #57 on Forbes: The World's Most Powerful People.
William Henry “Bill” Gates III (born October 28, 1955) was born in Seattle, Washington. His father was a prominent lawyer, his mother served on the board of directors for First Interstate BancSystem and the United Way, and her father, JW Maxwell, was a national bank president. At 13 he enrolled in the Lakeside School, an exclusive preparatory school. When he was in the 8th grade, the Mothers Club at the school used proceeds from Lakeside School's rummage sale to buy an ASR-33 teletype terminal and a block of computer time on a General Electric (GE) computer for the school's students. He took an interest in programming the GE system in BASIC and was excused from math classes to pursue his interest. He wrote his first computer program on this machine: tic-tac-toe that allowed users to play games against the computer. After the Mothers Club donation was exhausted, he and other students sought time on systems including DEC PDP minicomputers. One of these systems was a PDP-10 belonging to Computer Center Corporation (CCC), which banned 4 Lakeside students: Bill Gates, Paul Allen, Ric Weiland, and Kent Evans after it caught them exploiting bugs in the operating system to obtain free computer time. At the end of the ban, the 4 students offered to find bugs in CCC's software in exchange for computer time. Rather than use the system via teletype, Bill Gates went to CCC's offices and studied source code for various programs that ran on the system, including programs in FORTRAN, LISP and machine language. The arrangement with CCC continued until 1970, when the company went out of business. The following year, Information Sciences, Inc. hired the 4 Lakeside students to write a payroll program in COBOL, providing them computer time and royalties. After his administrators became aware of his programming abilities, Bill Gates wrote the school's computer program to schedule students in classes. He modified the code so that he was placed in classes with mostly female students. At age 17, he formed a venture with Allen, called Traf-O-Data, to make traffic counters based on the Intel 8008 processor. In early 1973, Bill Gates served as a congressional page in the US House of Representatives.
Bill Gates graduated from Lakeside School in 1973. He scored 1590 out of 1600 on the SAT and enrolled at Harvard College in the autumn of 1973. He did not have a specific study plan while a student at Harvard and spent a lot of time using the school's computers. He remained in contact with Paul Allen, joining him at Honeywell during the summer of 1974. The following year saw the release of the MITS Altair 8800 based on the Intel 8080 CPU, and Bill Gates and Allen saw this as the opportunity to start their own computer software company. He had talked this decision over with his parents, who were supportive of him after seeing how much he wanted to start a company. After reading the January 1975 issue of Popular Electronics that demonstrated the Altair 8800, Bill Gates contacted Micro Instrumentation and Telemetry Systems (MITS), the creators of the new microcomputer, to inform them that he and others were working on a BASIC interpreter for the platform. In reality, they did not have an Altair and had not written code for it. They just wanted to gauge MITS's interest. MITS president Ed Roberts agreed to meet them for a demo, and over the course of a few weeks they developed an Altair emulator that ran on a minicomputer, and then the BASIC interpreter. The demonstration, held at MITS's offices in Albuquerque, was a success and resulted in a deal with MITS to distribute the interpreter as Altair BASIC. Paul Allen was hired into MITS, and Bill Gates took a leave of absence from Harvard to work with Allen at MITS in Albuquerque in November 1975. On November 26, 1976, the trade name “Microsoft” was registered with the Office of the Secretary of the State of New Mexico.
During Microsoft's early years, all employees had broad responsibility for the company's business. Bill Gates oversaw the business details, but continued to write code as well. In the first 5 years, he personally reviewed every line of code the company shipped, and often rewrote parts of it as he saw fit. In 1980, IBM approached Microsoft to write the BASIC interpreter for its upcoming personal computer, the IBM PC. When IBM's representatives mentioned that they needed an operating system, Gates referred them to Digital Research (DRI). IBM's discussions with Digital Research went poorly, and they did not reach a licensing agreement. A few weeks later Bill Gates proposed using 86-DOS (QDOS), an operating system similar to CP/M that Tim Paterson of Seattle Computer Products (SCP) had made for hardware similar to the PC. Microsoft made a deal with SCP to become the exclusive licensing agent, and later the full owner, of 86-DOS. After adapting the operating system for the PC, Microsoft delivered it to IBM as PC-DOS in exchange for a one-time fee of $50,000. Bill Gates did not offer to transfer the copyright on the operating system, because he believed that other hardware vendors would clone IBM's system. They did, and the sales of MS-DOS made Microsoft a major player in the industry. Bill Gates oversaw Microsoft's company restructuring on June 25, 1981, which re-incorporated the company in Washington state and made him President of Microsoft and the Chairman of the Board.
Microsoft launched its first retail version of Microsoft Windows on November 20, 1985. From Microsoft's founding in 1975 until 2006, Bill Gates had primary responsibility for the company's product strategy. He aggressively broadened the company's range of products, and wherever Microsoft achieved a dominant position he vigorously defended it. Many decisions that led to antitrust litigation over Microsoft's business practices have had his approval. Despite his denials, the judge ruled that Microsoft had committed monopolization and tying, and blocking competition, both in violation of the Sherman Antitrust Act.
Since leaving Microsoft, Bill Gates continues his philanthropy and, among other projects, purchased the videos rights to the Messenger Lectures series titled The Character of Physical Law, given at Cornell University by Richard Feynman in 1964 and recorded by the BBC. The videos are available online to the public at Microsoft's Project Tuva. In April 2010, Gates was invited to visit and speak at the Massachusetts Institute of Technology where he asked the students to take on the hard problems of the world in their futures. Bill Gates was number one on the “Forbes 400″ list from 1993 through to 2007 and number one on Forbes list of “The World's Richest People” from 1995 to 2007 and 2009. In 1999, his wealth briefly surpassed $101 billion, causing the media to call him a “centibillionaire”. Since 2000, the nominal value of his Microsoft holdings has declined due to a fall in Microsoft's stock price after the dot-com bubble burst and the multi-billion dollar donations he has made to his charitable foundations. He has several investments outside Microsoft, which in 2006 paid him a salary of $616,667, and $350,000 bonus totalling $966,667. He founded Corbis, a digital imaging company, in 1989. In 2004 he became a director of Berkshire Hathaway, the investment company headed by long-time friend Warren Buffett. He studied the work of Andrew Carnegie and John D. Rockefeller and in 1994 sold some of his Microsoft stock to create the William H. Gates Foundation. In 2000, he and his wife combined three family foundations into one to create the charitable Bill & Melinda Gates Foundation, which is the largest transparently operated charitable foundation in the world. The foundation is set up to allow benefactors access to how its money is being spent, unlike other major charitable organizations such as the Wellcome Trust. The generosity and extensive philanthropy of David Rockefeller has been credited as a major influence. He and his father have met with Rockefeller several times and have modeled their giving in part on the Rockefeller family's philanthropic focus, namely those global problems that are ignored by governments and other organizations. As of 2007, Bill and Melinda Gates were the second most generous philanthropists in America, having given over $28 billion to charity.
Time magazine named Bill Gates one of the 100 people who most influenced the 20th century, as well as one of the 100 most influential people of 2004, 2005, and 2006. Time also collectively named Gates, his wife Melinda and U2′s lead singer Bono as the 2005 Persons of the Year for their humanitarian efforts. In 2006, he was voted 8th in the list of “Heroes of our time”. In 1994, he was honoured as the 20th Distinguished Fellow of the British Computer Society. He received honorary doctorates from Nyenrode Business Universiteit, Breukelen, The Netherlands, in 2000; the Royal Institute of Technology, Stockholm, Sweden, in 2002; Waseda University, Tokyo, Japan, in 2005; Tsinghua University, Beijing, China, in April 2007; Harvard University in June 2007; the Karolinska Institutet, Stockholm, in January 2008, and Cambridge University in June 2009. He was also made an honorary trustee of Peking University in 2007. He was also made an honorary Knight Commander of the Order of the British Empire (KBE) by Queen Elizabeth II in 2005, in addition to having entomologists name the Bill Gates flower fly, Eristalis gatesi, in his honor. In November 2006, he and his wife were awarded the Order of the Aztec Eagle for their philanthropic work around the world in the areas of health and education, particularly in Mexico. In October 2009, it was announced that Gates will be awarded the 2010 Bower Award for Business Leadership of The Franklin Institute for his achievements in business and for his philanthropic work. In 2010 he was honored with the Silver Buffalo Award by the Boy Scouts of America, its highest award for adults, for his service to youth.
Lawrence “Larry” Page (born March 26, 1973) was born in East Lansing, Michigan. Sergey Mikhaylovich Brin (Russian: Серге́й Миха́йлович Брин; born August 21, 1973) was born in Moscow, Russia. Larry Page's father was a professor of computer science at Michigan State University and an early pioneer in the field of artificial intelligence. He eventually entered the University of Michigan, where he earned an undergraduate degree in engineering with a concentration in computer engineering. An innovative thinker with a sense of humor, he once built a working ink-jet printer out of Lego blocks. He was eager to advance in his career, and decided to study for a Ph.D degree. He was admitted to the doctoral program in computer science at Stanford University. On an introductory weekend at the Palo Alto campus that had been arranged for new students, he met Sergey Brin. A native of Moscow, Russia, Sergey Brin was also the son of a professor, and came to the United States with his family when he was 6. His father taught math at the University of Maryland, and it was from that school's College Park campus that Sergey Brin earned an undergraduate degree in computer science and math.
Larry Page and Sergey Brin created an algorithm, or set of step-by-step instructions for solving a specific computer task. Their algorithm searched all the hypertext documents in cyberspace. A typical search engine such as Hot Bot, which was popular at one time in the mid-1990′s, worked by looking for a term the user entered. If a certain phrase was written into a web site several dozen or even a hundred times, that document would come up first in the search results. But it might just turn out to be an Internet store that sold memorabilia.
They wanted to create a search tool that would find the most relevant Web page first. If someone typed in “New York Yankees,” for example, the official Yankees site would be the first result returned. Their algorithm analyzed the “back links” in a hypertext document, or how many times other sites linked to it — the more links, the higher the relevancy of the page. As an article in Time explained, their search technology was the first to “treat the Internet as a democracy. Google interprets connections between websites as votes. The most linked-to sites win on the Google usefulness ballot and rise to the top of the search results.” The search engine with their unique algorithm was initially named “Backrub,” but they later settled on “PageRank,” named after Larry Page. It soon caught on with other Stanford users when they let them try it out. The two set up a simple search page for users, because they did not have a web page developer to create anything very impressive. They also began stringing together the necessary computing power to handle searches by multiple users, by using any computer part they could find. As their search engine grew in popularity among Stanford users, it needed more and more servers to process the queries.
During this time they were running the project out of their dorm rooms at Stanford. Larry Page's room served as the data hub, while Sergey Brin's was the business office. They had the idea to license their PageRank technology to other companies to pay off their debts, but none were interested. David Filo (1966–), another Stanford graduate who had started Yahoo.com, suggested they form a search-engine company. They named their company “Google,” after the mathematical term Googol, which specified the number one followed by a hundred zeros. They took it to Andy Bechtolsheim (1956–), a Stanford graduate and co-founder of Sun Microsystems. He liked their idea and wrote them a check for $100,000. They went on to raise more money from friends, family, and then from venture capital firms that funded new businesses. By the end of 1999 they had set up headquarters in an office park in Mountain View, and had officially launched the site.
In their first years in business, Brin served as president, while Page was the chief executive officer. The company continued to grow exponentially during 2001. They hired Eric Schmidt as chief executive officer and board chair in 2001. Schmidt was a veteran of Sun Microsystems, where he had served as chief technology officer.
Google kept expanding. It added search capabilities in dozens of languages, and began partnering with overseas sites as well. Its headquarters were informally known as the “Googleplex,” and workers were relatively free to make their own hours, with the idea that employees should be able to work when they felt they were most productive. Google staff were also encouraged to use 80% of their work hours on regular work, and the other 20% on projects of their own design.
By early 2004 Google was one of the most-visited Web sites in the world. Its servers handled some 138,000 search queries per minute, or about 200,000,000 daily. Analysts believed it was taking in approximately $1 billion in revenues annually, and the company announced plans to become a publicly traded company with an initial public offering (IPO) of stock. Theirs, however, would utilize a unique online auction process to sell its first shares to the public. This meant that the large Wall Street firms that handled the IPO underwriting would not be able to give the first shares out to their top clients as a perk. It was estimated that Google was going to be valued at least at $15 billion, and possibly even as high as $30 billion. Larry Page and Sergey Brin each own 38 million shares of Google stock. They would become overnight millionaires when Google began trading on the NASDAQ in 2004.
Mark Elliot Zuckerberg (May 14, 1984 – ) was born in White Plains, New York to Karen, a psychiatrist, and Edward, a dentist. He started programming when he was in middle school. His father taught him Atari BASIC Programming in the 1990′s, and then software developer David Newman was hired as his tutor in about 1995. He also took a graduate course in the subject at Mercy College near his home in the mid-1990′s. He developed computer programs, especially communication tools and games. He also designed and programmed a computer application system to help the workers in his father's office communicate. At Ardsley High School he had excelled in the classics before in his junior year transferring to Phillips Exeter Academy, where he won prizes in science and Classical studies (in which he was fluent in French, Hebrew, Latin and ancient Greek). While in high school, under the company name Intelligent Media Group, he built a music player named the Synapse Media Player that used artificial intelligence to learn the user's listening habits, which was posted to Slashdot and received a rating of 3 out of 5 from PC Magazine. Microsoft and AOL tried to purchase Synapse and recruit Mark Zuckerberg, but he instead went to Harvard College in September 2002 where he studied computer science and psychology and joined Alpha Epsilon Pi. At a fraternity party during his sophomore year, Zuckerberg met Priscilla Chan, who subsequently became his girlfriend. As of September 2010, he was studying Mandarin with a tutor in preparation for the couple's slated visit to China and possibly to help in setting up operations in China, since Facebook, like Twitter, is blocked by that country's internet firewall.
Mark Zuckerberg launched Facebook from his Harvard dormitory room on February 4, 2004. Facebook started off as just a “Harvard thing” until he decided to spread it to other schools, enlisting the help of roommate Dustin Moskovitz. They first started it at Stanford, Dartmouth, Columbia, New York University, Cornell, Brown and Yale, and then at other schools that had social contacts with Harvard. He moved to Palo Alto, California, with Moskovitz and some friends. They leased a small house that served as an office. Over the summer, he met Peter Thiel who invested in the company. They got their first office in mid-2004. They had turned down offers by major corporations to buy out Facebook. On July 21, 2010, Mark Zuckerberg reported that the company reached the 500 million-user mark.
A month after Facebook launched in February 2004, i2hub, another campus-only service, created by Wayne Chang, was launched. i2hub focused on peer-to-peer file sharing. At the time, both i2hub and Facebook were gaining the attention of the press and growing rapidly in users and publicity. In August 2004, Mark Zuckerberg, Andrew McCollum, Adam D'Angelo, and Sean Parker launched a competing peer-to-peer file sharing service called Wirehog. It was a precursor to Facebook Platform applications. Traction was low compared to i2hub, and Facebook ultimately shut Wirehog down the following summer. On May 24, 2007, Mark Zuckerberg announced Facebook Platform, a development platform for programmers to create social applications within Facebook. Within weeks, many applications had been built and some already had millions of users. It grew to more than 800,000 developers around the world building applications for Facebook Platform. On July 23, 2008, he announced Facebook Connect, a version of Facebook Platform for users. On November 6, 2007, he announced a new social advertising system called Beacon, which enabled people to share information with their Facebook friends based on their browsing activities on other sites. The program came under scrutiny because of privacy concerns from groups and individual users. Zuckerberg and Facebook failed to respond to the concerns quickly, and on December 5, 2007, Zuckerberg wrote a blog post on Facebook taking responsibility for the concerns about Beacon and offering an easier way for users to opt out of the service.
In June 2010, Deputy Attorney General Muhammad Azhar Sidiqque of the Islamic Republic of Pakistan launched a criminal investigation into Mark Zuckerberg and Facebook co-founders Dustin Moskovitz and Chris Hughes after a “Draw Muhammad” contest was hosted on Facebook. The investigation also named the anonymous German woman who created the contest. Sidiqque asked the country's police to contact Interpol to have Mark Zuckerberg and the 3 others arrested for blasphemy. On May 19, 2010, Facebook's website was temporarily blocked in Pakistan until Facebook removed the contest from its website at the end of May. Sidiqque also asked its United Nations representative to raise the issue with the United Nations General Assembly. No formal charges have been filed against Mark Zuckerberg.
Vanity Fair magazine named Mark Zuckerberg number 1 on its 2010 list of the Top 100 “most influential people of the Information Age”. He ranked number 23 on the Vanity Fair 100 list in 2009. In 2010, he was chosen as number 16 in New Statesman's annual survey of the world's 50 most influential figures.
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