CALIFORNIA | LOCAL
November 18, 2011 |
Jon B. Lovelace, who led the Los Angeles-based American Funds mutual fund company as it became one of the country's largest money management firms, has died. He was 84. His family said Lovelace died of natural causes at his home in Santa Barbara on Wednesday. Lovelace is credited with some of the key innovations that helped set the stage for American Funds' explosive growth from the 1980s through the mid-2000s, as it became synonymous with successful buy-and-hold stock investing.
September 19, 1986
Steve Penn has been named project manager for Home Capital Development Group.
January 23, 1985
Don R. Conlan has been elected president and a director of Capital Group Research Inc., a newly created investment research company within Capital Group Inc., a Los Angeles-based group of investment management companies. He remains Capital Group's chief economist and president and a director of Capital Strategy Research Inc., a subsidiary involved in international economic, government and political research. Conlan is the current chairman of the Conference of Business Economists.
May 6, 2010
Haim Saban Age: 65 Birthplace: Alexandria, Egypt Company: Saban Capital Group Education: High school diploma Net worth: $3.3 billion, according to Forbes Citizenship: Both Israel and U.S. Big break: Transformed a Japanese adventure serial into "Mighty Morphin Power Rangers"
February 20, 2013 |
Word is out that financier Gary Winnick is quietly floating his storied estate in Bel-Air for sale at $225 million. Winnick, who founded and later sold Global Crossing, bought the Bellagio Road mansion in 2000 from Dole Food Co. owner David Murdock. The $94-million deal, which involved the telecom mogul ponying up a parcel of land, stood as the highest-priced home sale in California for years. Although a seller can ask any amount for a property, the 8.4-acre trophy home is for sale at the right price, said a person familiar with Winnick's real estate dealings who wasn't authorized to speak publicly.