Nubar Gulbenkian - Business

Business

Gulbenkian began as an unpaid worker for his father, who was as noted for his miserly tendencies as his son would be for his spending, but later sued his father for $10 million, bizarrely after a refusal by the company to allow him $4.50 for a lunch of chicken in tarragon jelly. Ultimately the incident contributed to Calouste Gulbenkian's decision to leave $420 million of his fortune to the Calouste Gulbenkian Foundation in Portugal.

Although he ultimately inherited $2.5 million from his father, as well as more in a settlement from the Foundation, Gulbenkian also became independently wealthy through his own oil dealings. He was initially the protégé of Henri Deterding at Royal Dutch Shell but later made an independent fortune which allowed him to live a highly extravagant lifestyle.

Read more about this topic:  Nubar Gulbenkian

Famous quotes containing the word business:

    Some of the smartest women in the country said that they’re too embarrassed to attend their reunions at Harvard Business School if they have dropped out of the work force, left the fast track by choosing part-time work, or decided to follow anything other than the standard male career path.
    Deborah J. Swiss (20th century)

    They that go down to the sea in ships, that do business in great waters, these see the works of the Lord and his wonders in the deep.
    Bible: Hebrew Psalms 107:23-24.

    Every expansion of government in business means that government in order to protect itself from the political consequences of its errors and wrongs is driven irresistibly without peace to greater and greater control of the nation’s press and platform. Free speech does not live many hours after free industry and free commerce die.
    Herbert Hoover (1874–1964)