Word: tycooning
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...Tycoon T. Boone Pickens, at George Washington University, Washington...
...moneyed families quietly count their fortunes in the millions and the newly minted are loudly working on their second billion. Crass vs. class, with the usual results: money goes far but only so far. Characters suffer fates made familiar by recent headlines and gossip columnists: a coarse financial tycoon rises and then falls in an insider-trading scandal; a TV newsman married to an aristocrat grows bored and casts off for another port; the homosexual son of one of the town's most respected families gets AIDS...
...Wall Street's handicappers seriously expected TV Tycoon Merv Griffin to win when he challenged Manhattan Developer Donald Trump for control of Atlantic City's Resorts International hotel and casino. But last week Griffin surprised anyone who doubted his dealmaking acumen. Settling a month-long wrangle, Trump agreed to go along with Griffin's offer to buy the company's outstanding stock, including the developer's majority share, for an estimated $300 million. In exchange, Griffin will sell Resorts' nearly completed Taj Mahal hotel-casino, other real estate and its fleet of helicopters to Trump, assets that the developer says...
Last week the U.S. Circuit Court of Appeals in Washington ruled that the amendment was unconstitutional since it was aimed only at Murdoch. But the ruling came too late for Murdoch to hang on to the Post. Real Estate Tycoon Peter Kalikow bought the paper last month for $37 million...
...seems a most unlikely tycoon. But Merv Griffin, the chunky, eternally cheerful and perfectly tanned TV personality who was host of 5,520 talk shows during a 23-year on-air career, is precisely that. In the past two weeks, in fact, Griffin, 62, has shown the mettle of a super-tycoon by taking on a formidable foe: Donald Trump, 41, the billionaire New York City developer...