07-13-2020, 05:38 PM
Detroit billionaire Matty Maroun
https://www.freep.com/story/money/busine...chromepush
Comment: I had no idea that this country was so rich in billionaires!
Quote:He owned the Ambassador Bridge, one of the busiest border crossings between the United States (Detroit) and Canada (Windsor).
Manuel "Matty" Moroun, a Detroit native of Lebanese descent who took his father’s small cartage business and built it into a billion-dollar trucking and real estate empire that included the Ambassador Bridge and, at one time, Michigan Central Station, died Sunday at age 93, according to a note from his son Matthew, which the Free Press obtained.
Detroit’s most controversial businessman for a couple of generations, Moroun’s relentless efforts to defend his monopoly as owner of the only bridge crossing between Detroit and Windsor led to endless litigation in the U.S. and Canada.
His aggressive stewardship of his bridge monopoly led Forbes magazine in 2004 to dub him “The Troll Under the Bridge.” But Forbes also lists Moroun among the richest Americans, most recently estimating his fortune at $1.7 billion, good enough for 1,415th place on the list.
https://www.freep.com/story/money/busine...chromepush
Comment: I had no idea that this country was so rich in billionaires!
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.