200:. He was the third of seven children of a sweatshop worker, Arie Krinsky (1861–1937), and his wife Ida (1871–1956) . His father changed the family name to Crown while Henry was a boy. Crown did not attend school past the eighth grade. In 1915, at the age of 19, he and his elder brother Sol founded S. R. Crown & Company, a steel broker.
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through the redemption of Crown's controlling block of preferred stock. In 1970, Crown purchased sufficient stock to once again achieve a controlling interest in
General Dynamics and quickly removed Roger Lewis, replacing him with David S. Lewis (no relation).
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in 1959. At the time of his death, he was a billionaire. Henry Crown and
Company, of which he is the namesake, is an investment firm that owns or has interests in a variety of business assets. From 1951 to 1961, he was the owner of the
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and merged the company with MSC, which had $ 100 million in sales. In 1960, Crown was named director of
General Dynamics and then chairman of its executive committee, which lasted until 1966, when he was forced out by
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Sol later died of tuberculosis, and in 1919, his brother Irving joined him. In the same year, he and his brother borrowed $ 10,000 and founded the
Material Service Corporation (MSC). MSC sold gravel, sand,
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area. In its first year, the company made a profit of $ 7,000 on sales of $ 218,000. He left the business to serve as a lieutenant colonel in the Army Corps of
Engineers during World War II.
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Crown was married twice. His first wife, Rebecca Kranz, died in 1943. His second wife was Gladys Kay. Crown had three children: Robert Crown (1921–1969),
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According to his own claim, Crown had given away "nine figures" in his philanthropic pursuits by the time he turned 79. His beneficiaries included the
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Founded the
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Chicago
Tribune: "Gladys K. Crown, 82, Philanthropist And Exec" By Kenan Heise
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Crown (birth name: Henry
Krinsky) was born in 1896 to Jewish immigrants from
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273:(born June 7, 1925) and John J. Crown (1929–1997), a Cook County judge.
423:"Henry Crown, Industrialist, Dies; Billionaire, 94, Rose From Poverty"
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Wall Street People: True
Stories of Today's Masters and Moguls
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American industrialist and philanthropist (1896-1990)
167:; June 13, 1896 – August 14, 1990) was an American
333:"Henry Crown; Once Owner of Empire State Building"
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353:"Recognizing the 90th Birthday of Lester Crown"
549:American people of Lithuanian-Jewish descent
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303:"Henry Crown and Company Company Profile"
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116: 1920; died 1943)
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559:20th-century American philanthropists
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175:. Among other things, he founded the
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569:20th-century American businesspeople
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488:Overview of Henry Crown and Company
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507:. November 3, 1952. Archived from
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579:American businesspeople in metals
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261:in Jerusalem is named after him.
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421:Cook, Joan (August 16, 1990).
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257:student investment fund. The
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177:Material Service Corporation
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574:20th-century American Jews
493:Aspen Institute biography
474:retrieved August 26. 2013
259:Henry Crown Symphony Hall
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499:"Tycoons: Midwest Midas"
215:In 1959, Crown gained a
255:St. Lawrence University
251:Northwestern University
444:America's Big New Rich
239:University of Chicago
192:Early life and career
186:Empire State Building
511:on November 25, 2010
313:on February 22, 2015
217:controlling interest
179:, which merged with
247:Stanford University
243:Brandeis University
462:September 14, 1991
428:The New York Times
341:. August 16, 1990.
283:Arie Crown Theater
338:Los Angeles Times
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150:Lester Crown
62:(1990-08-14)
539:1990 deaths
534:1896 births
226:Roger Lewis
158:Henry Crown
80:Businessman
69:Nationality
23:Henry Crown
528:Categories
289:References
126:Gladys Kay
77:Occupation
48:1896-06-13
198:Lithuania
373:(2001).
277:See also
253:and the
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
