January 30, 1988
Isn't it ironic that Armand Hammer withdrew his art collection from the Los Angeles County Art Museum in a move apparently driven by ego, and in so doing set himself for the most unfavorable and ultimately ego-shattering comparisons ("The March to Boutique Museums," by William Wilson, Jan. 22)? J. Paul Getty, the world's richest man, left an endowment of a couple of billion dollars for an art museum to be constructed on 450 acres in Brentwood. Armand Hammer, somewhere in the bottom half of Forbes 400 richest Americans, is renting a corner in Westwood for his collection worth a couple hundred million.
CALIFORNIA | LOCAL
September 26, 1998 |
Nearly eight years after the death of controversial oil executive and art collector Armand Hammer, the battle over his estate--and, indirectly, his image--returned Friday to a Los Angeles courtroom. The hearing in a state appeals court downtown was the latest in a complicated case that includes, among other things, allegations that Hammer manipulated his late wife, Frances, out of her own money and schemed to hide his mistress by having the girlfriend change her name and appearance.
May 1, 1986 |
Multimillionaire oilman Armand Hammer will remain executor of his brother's $1.5-million estate despite a challenge from a relative, a judge ruled Wednesday. Victor J. Hammer, who died on July 21, 1985, in Lake Worth, Fla., appointed his brother Armand and lawyer James Nemec as executors in his will. Victor Hammer, 83, died of natural causes. His adopted daughter, Nancy Eilan, filed a petition last November to remove Armand Hammer as executor.
April 25, 1988 |
U.S. industrialist Armand Hammer, whose huge joint-venture coal mine in north China has been plagued by disputes over the price of coal, signed a contract today to build a new joint-venture coal preparation plant. He also signed an agreement for his Occidental Petroleum Corp. of Los Angeles to sell two Chinese companies technology to produce phosphoric acid.
June 1, 1988 |
U.S. industrialist Armand Hammer scored a hole-in-one for Western golfers today when he announced that he will finance the Soviet Union's first golf course. The 18-hole, 72-par course will stretch over 6,800 yards at the Nakhabino sports center, 18 miles outside Moscow. But it will be open for use only by diplomats and other foreigners.