Business Interests
Lasker was an early owner of the Chicago Cubs baseball team. He acquired an interest in the team in 1916 and soon purchased majority control. He originated the Lasker Plan, a report that recommended baseball's governing authority be reformed. This led to the creation of the office of the Commissioner of Baseball. Lasker, along with his business partner Charles Weeghman, are credited with moving the Cubs into the club's current home, Wrigley Field. In 1925, he sold the team to one of his minor partners, William Wrigley Jr.
Lasker became the second-largest shareholder in the Pepsodent company, which had become an L&T client in 1916. It was sold to Lever Brothers in 1944.
After developing a private estate, Mill Road Farm, in Lake Forest, Illinois, Lasker had a golf course built on it. The National Golf Review in 1939 rated the Lasker Golf Course as No. 23 on its list of "Top 100 Courses in the World." Following the Great Depression, Lasker donated the entire property to the University of Chicago.
Read more about this topic: Albert Lasker
Famous quotes containing the words business and/or interests:
“Long ago I added to the true old adage of “What is everybody’s business is nobody’s business,” another clause which, I think, more than any other principle has served to influence my actions in life. That is, What is nobody’s business is my business.”
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