Business Career
Pauley made his fortune running oil companies from the mid-1920s onward. He founded The Petrol Corp. in 1923. Pauley was president of Fortuna Petroleum by 1933. In 1947 he bought Coconut Island in Hawaii, as a private retreat. Several of his deals involved Zapata Corporation, run by George H. W. Bush, including a joint-venture with Pemargo in 1960. In 1958 he founded Pauley Petroleum which, with Howard Hughes, expanded oil production in the Gulf of Mexico.
Later Pauley also became a part owner of the Los Angeles Rams football team and a director of Western Airlines.
Read more about this topic: Edwin W. Pauley
Famous quotes containing the words business and/or career:
“And what if my descendants lose the flower
Through natural declension of the soul,
Through too much business with the passing hour,
Through too much play, or marriage with a fool?”
—William Butler Yeats (1865–1939)
“I’ve been in the twilight of my career longer than most people have had their career.”
—Martina Navratilova (b. 1956)