The Eccentric Billionaire
Subtitle: John D. Macarthur - Empire Builder, Reluctant Philanthropist, Relentless Adversary
Publisher: AMACOM/American Management Association; AMACOM/ American Management Association
Published: January 31, 2008
Language: eng
Format: Hardcover
Number of pages: 234
ISBN-13: 9780814408896
Subjects: Biography: general; Business & Management; Biography And Autobiography; Corporate Philanthropy; Biography & Autobiography; Biography / Autobiography; Biography/Autobiography; Business; General; Rich & Famous; Billionaires; Biography; Businesspeople; Capitalists and financiers; United States
Description: Overview: 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 he would seem. Now, in this first full biography of John D. MacArthur as he really was, Nancy Kriplen reveals the man behind the myth-the often vulgar, sometimes unethical, always ambitious rogue who would become one of America's wealthiest men. The Eccentric Billionaire chronicles how MacArthur amassed his fortune, rising from a poverty-saturated childhood as the son of a fire-and-brimstone preacher to become an insurance and real estate mogul. As sole owner of Bankers Life and Casualty, he also built a real estate empire that spanned the continent. Based on interviews with members of the MacArthur family as well as previously undiscovered letters and papers, this book reveals MacArthur's tumultuous private life, including his quickie divorce from his first wife and his Mexican marriage to Catherine, his brother's cute, clever teenage secretary who would help him on his climb to riches. The author also explores MacArthur's relationships with his family and friends, including his brother, the playwright Charles MacArthur, and sister-in-law, the great actress Helen Hayes. Extensively researched and beautifully written, The Eccentric Billionaire is a revealing look at a man whose influence has extended in ways he never dreamed.