Real Estate Empire
During the 1970s and 1980s, Barnes developed a multi-million dollar real estate empire which included the development of such projects as Southwest Parkway and Barton Creek Country Club in Austin. Like his former mentor John Connally, he entered bankruptcy following the collapse of the real estate bubble in the mid-1980s.
Read more about this topic: Ben Barnes (politician)
Famous quotes containing the words real, estate and/or empire:
“All appointments hurt. Five friends are made cold or hostile for every appointment; no new friends are made. All patronage is perilous to men of real ability or merit. It aids only those who lack other claims to public support.”
—Rutherford Birchard Hayes (1822–1893)
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“To found a great empire for the sole purpose of raising up a people of customers, may at first sight appear a project fit only for a nation of shopkeepers. It is, however, a project altogether unfit for a nation of shopkeepers, but extremely fit for a nation that is governed by shopkeepers.”
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