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Was Henry Crown a billionaire?
Among other things, he founded the Material Service Corporation, which merged with General Dynamics in 1959. At the time of his death, he was a billionaire. Henry Crown and Company, of which he is the namesake, is an investment firm that owns or has interests in a variety of business assets.How did Henry Crown become a successful entrepreneur?
The spirit of entrepreneurial endeavor that set him apart as a teenager never left him, and when he was 70 he proved it – by starting over again. In 1966 in a power play for strategic control of General Dynamics during a crisis, the board betrayed Henry Crown and exercised a merger option to buy him out.Is Henry Crown smiling?
I fancy Henry Crown is smiling. In his long career, which began upon graduation from the eighth grade in 1910 and ended with his death in 1990, he set a remarkably high standard of leadership. His dealings were based on trust.