Extensive Business Interests
In 1938, Fay and his brother, Ernest Fay (1914–1986), founded Seabrook Shipyard, which built submarine chasers and rescue boats during World War II. After the war, Fay operated various businesses in Texas and Louisiana, including shipbuilding and his Bel Oil Corporation.
By 1972, his petroleum interests included holdings in several states as well as Canada, and New Zealand. He also had real estate interests in Nicaragua and the Little Cayman Islands in the Caribbean Sea. At the time of his death, his business interests had diversified to include ranching, timber, marinas, and banking.
Read more about this topic: Albert Bel Fay
Famous quotes containing the words extensive, business and/or interests:
“We have all heard of Young America. He is the most current youth of the age.
Some think him conceited, and arrogant; but has he not reason to entertain a rather extensive opinion of himself? Is he not the inventor and owner of the present, and sole hope of the future?”
—Abraham Lincoln (1809–1865)
“History in the making is a very uncertain thing. It might be better to wait till the South American republic has got through with its twenty-fifth revolution before reading much about it. When it is over, some one whose business it is, will be sure to give you in a digested form all that it concerns you to know, and save you trouble, confusion, and time. If you will follow this plan, you will be surprised to find how new and fresh your interest in what you read will become.”
—Anna C. Brackett (1836–1911)
“Free from public debt, at peace with all the world, and with no complicated interests to consult in our intercourse with foreign powers, the present may be hailed as the epoch in our history the most favorable for the settlement of those principles in our domestic policy which shall be best calculated to give stability to our Republic and secure the blessings of freedom to our citizens.”
—Andrew Jackson (1767–1845)