How did Howard Hughes become famous?

Hughes began purchasing restaurant chains and four-star hotels that had been founded within the state of Texas. This included, if for only a short period, many unknown franchises currently out of business. He placed ownership of the restaurants with the Howard Hughes Medical Institute, and all licenses were resold shortly after.

Why did Howard Hughes create the Medical Institute?

The Hughes Aircraft Company became a major defense contractor after World War II. As the profits of the company increased, Hughes became obsessed with avoiding taxes and in 1953 created the Howard Hughes Medical Institute as a sophisticated tax shelter to which he transferred the profits of the aircraft company.

Does Howard Hughes own Jean-Georges restaurants?

"Howard Hughes Corp. buys stake in Jean-Georges Restaurants". Houston Chronicle. Retrieved June 6, 2023. ^ "South Street Seaport owner buys stake in Jean-Georges restaurant empire". August 8, 2022. Retrieved June 6, 2023. ^ "Tycoons: The Secret Life of Howard Hughes". Time. New York City. December 13, 1976. Retrieved March 13, 2018.