The Eccentric Billionaire: John D. MacArthur--Empire Builder, Reluctant Philanthropist, Relentless Adversary
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Added by: JustGoodNews | Karma: 4306.26 | Non-Fiction, Economics and Management | 10 October 2011 |
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The Eccentric Billionaire: John D. MacArthur--Empire Builder, Reluctant Philanthropist, Relentless Adversary
He was hated, feared, and admired. The country's second-richest man at the time of his death, John D. MacArthur (1897-1978) also became one of its great benefactors. Every year, some two dozen American writers, artists, intellectuals, and scientists receive as much as a half million dollars in grants known as the 'genius awards' from the John D. and Catherine T. MacArthur Foundation. But MacArthur was not the benevolent figure you might expect. Stingier than J. Paul Getty, as money-obsessed as Howard Hughes, and as ruthless as Cornelius Vanderbilt, MacArthur was one of the most multi-layered |
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Tags: MacArthur, Stingier, Getty, Howard, Hughes, Adversary, Eccentric, Philanthropist, Relentless |