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The Chronicle Telegram in Elyria, Ohio

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Aug 29, 1992

Page

5

Invisible Billionaire Ludwig Dies After Global Empire Rise

Ludwig, once reputed the world’s richest man, died at his Manhattan home aged 70s. He built National Bulk Carriers from a $5,000 loan, expanding to mines in Australia hotels in the Caribbean and a Baja California salt plant. He founded the Ludwig Institute for Cancer Research in 1971 and left a will benefiting cancer research.

Ludwig Manhattan R. Palmer Baker Jr National Bulk Carriers Inc Australia Caribbean Mexico Baja California Brazil Forbes Magazine Baker Ludwig Institute For Cancer Research Great Lakes

July Spending Rises While Income Grows Slower

Americans tapped savings to maintain living standards in July as spending rose 0.3 percent to a 4.08 trillion annual pace while income advanced 0.2 percent to 505 trillion. June had spending up 0.4 percent and income up 0.1 percent, signaling persistently weak income growth despite ongoing economic expansion. The trade deficit widened to 24.4 billion in Q2, driven by higher imports including computer equipment and aircraft.

Washington Commerce Department Sandra Shaber The Futures Group Department Bush

Also Mentioned on This Page

Sign & Arrows Chronicle Yznice Yore Ry Sree K.wig Japan Cape of Good Hope Union Oil Co. of California Connecticut India Amazon Jari Cancer Institute Lorain County Fair Freeman Swank & Power Equipment Broad Street Elyria ST. RT AG Vi Hak Peemie Peeee Mark Ti Urano Tahoe Chevrolet Ouran Broad ST
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