Jerry
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Entertainment
eg - The Entertainment Gathering
Richard Saul Wurman
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Categories
Types
Variants of Capitalism
Laissez Faire (capitalism)
William E Simon
Attachments
William_E
Parents
Ford Administration (1974-1978)
Laissez Faire (capitalism)
Nixon Administration (1968-1974)
Treasury Secretaries of the US
Wesray Capital Corporation (1982)
Children
William Simon, a former Treasury secretary, bought Gibson Greeting Cards by putting up (with a partner and a few others) $1 million and borrowing the rest of the $80 million purchase price, then selling into a rising market 18 months later for $270 million. Suddenly, Simon was worth $100 million.