Word: tycooning
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Redstone, a rags-to-riches tycoon who is worth about $4 billion, has always sought to crush all comers -- from rivals who might try to bust up his latest deal to weekend tennis partners. On the court he uses a special leather strap that wraps around his scarred right hand to enable him to grip the racquet. "He is the most formidable competitor I've ever had," says Alan Friedberg, a retired chairman of Loews Theater Management Corp. In one tennis rally, Redstone demanded to know whether his ball was in or out. "He had to know, even though...
...BOTTOM LINE: Same orphaned kid, same doggy pet tricks, same bald tycoon, but definitely not the same...
Frenchmen divest tycoon and wife of $10 million in jewels...
...former Wall Street tycoon targets his ex-wife's millions...
McAlary's own paper was in even worse financial shape than the News. Press tycoon Rupert Murdoch, who bought the Post in 1976, lost about $150 million in a dozen years before caving in. The latest would-be savior was Peter Kalikow, like Zuckerman a real estate lord, who ran down the circulation (from 550,000 to about 438,000), threw his real estate holdings into bankruptcy and exacted a 20% pay cut from his staff before finally putting the paper up for sale. Answering the call was Hoffenberg, whose millions come from "financial services," in this case buying other...