Aristotle Onassis the Oil Tanker Tycoon

With few exceptions most of today’s Western billionaires aren’t the swashbuckling adventurers they once were.  Most of the current crop are pretty nerdy geeks. It wasn’t always so. Back in the 1960s and and 70s, Aristotle Onassis was one of the most famous tycoons alive. He was as well known back then as Bill Gates or Warren Buffett are today. Marrying widow Jackie Kennedy fueled the controversy that followed him every where he went without let up. Onassis was a Greek who grew up in Turkey and built a huge fortune in the shipping industry after starting with next to nothing. Continue reading

How to Build an Empire: Glock’s Secret Path to Profits

A fascinating look inside the Glock empire and how it grew from Businessweek:

Glock’s Secret Path to Profits

It’s the largest supplier of handguns to law enforcement in the U.S. But behind its success lies a troubling tale of business intrigue.

Gaston Glock, an Austrian manufacturer of shovels and knives, had an improbable dream: He would make a fortune selling handguns in America. In the early 1980s, Glock, a self-taught firearm designer, produced an innovative pistol for the Austrian military. He then devised a plan for promoting his invention in the U.S., the world’s richest gun market. First, he’d persuade American police they needed a lightweight weapon with more ammunition than traditional revolvers. Then he’d use his law enforcement bona fides to win over private gun buyers.

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