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 - Computer targets elite shareholders By ROBERT...
Computer targets elite shareholders By ROBERT METZ . t New York Times Service i NEW YORK The names and major holdings of some of the wealthiest wealthiest individuals in the nation have come to light In a computer search for affluent potential clients for brokerage brokerage houses. The screening, by Computer Directions Directions Advisors of Silver Spring, Md., was designed to ferret out from Securities and Exchange Commission Commission documents, the names of individuals individuals with 5 percent of a public company's stock. Obviously, the individuals individuals on the list are a relatively wealthy group. But Computer Directions then became became curious about the wealthiest owners of American business and-again and-again and-again aimed the computer at the documents documents so as to come up with the names of individuals with shares worth a total of $100 million or more as, of Jan. 31, 1981. Some of the individuals are as well known as the companies they built. For example, William Barron Hilton made the list on the basis of his hold- hold- "r" tags' in the Hilton Hotels Corp., the company he founded and still serves as chairman. Two members of the Getty family were turned up Gordon P. and J. Ronald Getty, descendants of the late Jean Paul Getty, founder of the oil company that bears the family name. Like many others on the list neither of the surviving Gettys Is mentioned In Who's Who. There are more individuals with $100 million in McDonnell Douglas Corp. than In any other company on the list They are James S. McDonnell, McDonnell, founder of the predecessor McDonnell Co., James S. McDonnell . 3d and John F. and Sanford N. McDonnell. Edwin S. Jones, a St Louis banker, also owns more than $100 million worth of McDonnell Douglas stock and so does William R. Orthwein Jr. Some names on the list are unknown to all but the most avid followers of the world of finance. For example, David H. Murdock, a Los Angeles business executive, Is listed as owning owning major interests in a number of companies. His blockbuster holdings are in Iowa Beef Processors ($90 million) million) and the Zapata Corp. ($126.4 million). General American Oil's roster of more than $100 million has three individuals individuals RA. Meadows, Curtis W. Meadows Jr. and Evelyn C Acton. Perhaps the most surprising name on the list Is that of William L. Cary, who was the chairman of the SEC in the Johnson administration. Cary, who now teaches at the Columbia University School of Law, has $130.5 million worth of United States Filter Corp. stock and earns $1.91 million in dividends annually. Louis Mead Dixon owns $1 42.5 million million worth of Holiday Inns stock and Edward C Dorroh has $118.9 million in shares of McRae Consolidated Oil and Gas. Rhoda Haas Goldman owns $1 72.1 million worth of Levi Strauss A Co. stock that throws off $6 million in dividends a year. Peter E. Haas has Levi Strauss stock worth $118.6 million million that produces a payout of $4.14 million a year. Both are members of the founding family and Haas is chief executive officer. The well-known well-known well-known Laurence A. and Preston R. Tisch each own $208.7 million worth of Loews Corp. stock, which Laurence serves as chairman and chief executive officer and Preston Preston as chairman of tbe executive committee and president Edwin C Whitehead, founder of Technlcon, the blood analysis equipment equipment manufacturer in Tarrytown, N.Y owns $334.7 million of Revlon's shares, including $94.6 million of the convertible preferred. Revlon acquired acquired Technlcon some years ago. When Technlcon shares were first offered to the public. Whitehead became became for a time an instant billionaire in a frothy bull market that carried the shares to an extraordinary price level that could not be sustained. 1 land Only 6 Units 2 Bedroom- Bedroom- Appliances Screened On Canal - "BY SUN

Clipped from
  1. News-Press,
  2. 26 Apr 1981, Sun,
  3. Main Edition,
  4. Page 104

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