John Kluge
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John Kluge
John Werner Kluge (; September 21, 1914September 7, 2010) was a German-American entrepreneur who became a television industry mogul in the United States. At one time he was the richest person in the U.S. Early life and education Kluge was born in 1914 to a Presbyterian family in Chemnitz, Germany, and emigrated to the United States in 1922. Kluge went to Wayne State University for two years and earned his B.A. degree in economics from Columbia University in 1937. He was of Scots-Irish, English, and German heritage.Jewish Achievement: "John Kluge"
retrieved July 12, 2014 , "''A Presbyterian by upbringing, of Scots Irish, English and German heritage, I cannot claim any Jewish genes.''"
During World War II, Kluge served at the secret
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Chemnitz
Chemnitz (; from 1953 to 1990: Karl-Marx-Stadt (); ; ) is the third-largest city in the Germany, German States of Germany, state of Saxony after Leipzig and Dresden, and the fourth-largest city in the area of former East Germany after (East Berlin, East) Berlin, Leipzig, and Dresden. The city lies in the middle of a string of cities sitting in the densely populated northern Ore Mountain Foreland, foreland of the Elster Mountains, Elster and Ore Mountains, stretching from Plauen in the southwest via Zwickau, Chemnitz and Freiberg to Dresden in the northeast, and is part of the Central German Metropolitan Region. Located in the Ore Mountain Basin, the city is surrounded by the Ore Mountains to the south and the Central Saxon Hills, Central Saxon Hill Country to the north. The city stands on the Chemnitz River, which is formed through the confluence of the rivers Zwönitz (river), Zwönitz and Würschnitz in the borough of Altchemnitz. The name of the city as well as the names o ...
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United States Dollar
The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish dollar, Spanish silver dollar, divided it into 100 cent (currency), cents, and authorized the Mint (facility), minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallism, bimetallic standard of (0.7734375 troy ounces) fine silver or, from Coinage Act of 1834, 1834, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important intern ...
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Steak And Ale
Steak and Ale is an American chain of restaurants that was influential in the growth of casual dining. Founded in 1966, it achieved major success in the 1970s and 1980s before declaring Chapter 7 bankruptcy proceeding and closing its remaining 58 locations on July 29, 2008. The first new Steak and Ale restaurant since then opened on July 8, 2024, in Burnsville, Minnesota, with more planned for the Midwest and Texas. Steak and Ale was opened in Dallas, Texas, on February 26, 1966, by Norman E. Brinker, one of the most influential American restauranteurs of the 20th century. After the bankruptcy, its brand, recipes, and other intellectual property were purchased by Legendary Restaurant Brands, LLC, the parent company for Bennigan's. The first new location was opened in Burnsville, Minnesota in July of 2024. Fare Popular menu items at Steak and Ale included the signature herb-roasted prime rib, Kensington club, New York strip, filet mignon, Hawaiian chicken, and spicy grilled c ...
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Bennigan's
Bennigan's, headquartered in Dallas, Texas, is an Irish pub-themed casual dining restaurant chain. It was founded in 1976 in Atlanta, Atlanta, Georgia, by restaurateur Norman E. Brinker as one of America's original Types of restaurant#Casual dining / slow casual, casual dining concepts. It was notable for its "Monte Cristo" sandwich, which included several meats batter-dipped, fried, and coated with powdered sugar. The chain was managed by the restaurant division of Pillsbury (brand), Pillsbury until Pillsbury was acquired by Grand Metropolitan in 1989. Due to Three-tier system (alcohol distribution), laws preventing liquor manufacturers from also operating liquor sellers, the chain was sold to Metromedia. At its peak, it had over 300 restaurants, but failure to update, grow, and differentiate the brand, degrading quality, and shifting consumer preferences, led to a fall of sales. It filed for Chapter 7, Title 11, United States Code, Chapter 7 bankruptcy in 2008 and closed most ...
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Metromedia Restaurant Group
The Metromedia Restaurant Group was an American casual dining company that operated and franchised more than 800 restaurants under the names Steak and Ale, Bennigan's, Bonanza, Ponderosa, The Plano Tavern, The Southlake Tavern and the 29 Degree Tavern. The company was headquartered in Plano, Texas. It was part of the Metromedia Company, which was privately owned by businessman John Kluge until his death and is related in lineage to the former entertainment company of the same name. Bankruptcy of S&A Restaurant Group Metromedia Restaurant Group formerly operated certain Bennigan's and Steak and Ale restaurants under the S&A Restaurant Group division. This division was forced into an involuntary Chapter 7 liquidation by its lender, GE Capital GE Capital was the financial services division of General Electric. Its various units were sold between 2013 and 2021, including the notable spin-off of the North American consumer finance division as Synchrony Financial. Ultimately, ...
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Commonwealth Of Independent States
The Commonwealth of Independent States (CIS) is a regional organization, regional intergovernmental organization in Eurasia. It was formed following the dissolution of the Soviet Union, dissolution of the Soviet Union in 1991. It covers an area of and has an estimated population of 246,200,194. The CIS encourages cooperation in economic, political, and military affairs and has certain powers relating to the coordination of trade, finance, lawmaking, and security, including cross-border crime prevention. As the Soviet Union disintegrated, Byelorussian SSR, Belarus, Russian SFSR, Russia, and Ukrainian SSR, Ukraine signed the Belovezha Accords on 8 December 1991, declaring that the Union had effectively ceased to exist and proclaimed the CIS in its place. On 21 December, the Alma-Ata Protocol was signed, but Estonia, Latvia and Lithuania chose not to participate. Georgia (country), Georgia withdrew its membership in 2008 following Russo-Georgian War, a war with Russia. Ukraine f ...
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Stuart Subotnick
Stuart Subotnick (born February 10, 1942) is an American businessman and media magnate. He is chief executive officer and president of Metromedia Company, Inc. In 1999, he was the 398th-wealthiest person in the U.S, with a net worth of 650 million dollars, and in 2002, he was one of America's 500 wealthiest people. He was the longtime right-hand-man and chief financial officer of billionaire John Kluge, who at one time was the richest man in America. Biography Subotnick was born into a American Jews, Jewish family, and grew up in a housing project in Williamsburg, Brooklyn. He has a brother and a sister. He earned a Bachelor of Business Administration degree in accounting from Baruch College in 1962, a Juris Doctor, JD degree from Brooklyn Law School in 1968, and an Master of Laws, LLM degree from New York University Law School in 1974. He is CEO and president of Metromedia Company, Inc., a privately held diversified Delaware general partnership owned by billionaire John Klug ...
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Paul Winchell
Paul Winchell (''Birth name, né'' Wilchinsky; December 21, 1922 – June 24, 2005) was an American ventriloquist, comedian, actor, humanitarian, and inventor whose career flourished in the 1950s and 1960s. From 1950 to 1954, he hosted ''The Paul Winchell Show'', which also used two other titles during its prime time run on National Broadcasting Company, NBC: ''The Speidel Show'', and ''What's My Name? (radio program), What's My Name?'' From 1965 to 1968, Winchell hosted the children's television series ''Winchell-Mahoney Time''. He made guest appearances on television series from the late 1950s to the mid 1970s, such as ''Perry Mason (1957 TV series), Perry Mason'', ''The Dick Van Dyke Show'', ''McMillan & Wife'', ''The Brady Bunch'', ''The Donna Reed Show'', and appearances as Homer Winch on ''The Beverly Hillbillies''. In animation, Winchell was the original voice of Tigger, Dick Dastardly, Gargamel, Scrubbing Bubbles, and other characters. He also had medical training and b ...
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Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ...
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Fox Corporation
Fox Corporation (commonly referred to as Fox Corp or simply Fox) is an American multinational mass media company headquartered at 1211 Avenue of the Americas, 1211 Avenue of the Americas in Midtown Manhattan, with offices also in Burbank, California. Named after William Fox (producer), William Fox Delaware General Corporation Law, Incorporated in Delaware, it was formed as a spin-off of 21st Century Fox's television broadcasting, news, and sports assets on March 19, 2019. 21CF went defunct the next day. The company is controlled by the Murdoch family via a family trust with 39.6% ownership share, and by Rupert Murdoch himself to the effect of almost 40%. Rupert Murdoch is chairman emeritus, while his son Lachlan Murdoch is chairman and CEO. Fox Corp deals primarily in the television broadcast, news, and sports broadcasting industries. Its assets include the Fox Broadcasting Company, Fox Television Stations, Fox News, Fox Business, Fox Sports (United States), Fox Sports, Tubi, ...
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Fox Broadcasting Company
Fox Broadcasting Company, LLC (commonly known as Fox; stylized in all caps) is an Television in the United States, American commercial broadcasting, commercial broadcast television broadcaster, television network serving as the flagship property of Fox Corporation and operated through Fox Entertainment. Fox is based at Fox Corporation's corporate headquarters at 1211 Avenue of the Americas in Midtown Manhattan, New York City, and it hosts additional offices at the Fox Network Center in Los Angeles and at the Fox Media Center in Tempe, Arizona. The channel was launched by News Corporation on October 9, 1986 as a competitor to the Big Three (American television), Big Three television networks, which are the American Broadcasting Company (ABC), the CBS, Columbia Broadcasting System (CBS), and the NBC, National Broadcasting Company (NBC). Fox went on to become the most successful attempt at a fourth television network; it was also the highest-Nielsen ratings, rated free-to-air netwo ...
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News Corporation (1980–2013)
The original incarnation of News Corporation (abbreviated News Corp. and also variously known as News Corporation Limited) was an American multinational mass media corporation founded and controlled by media mogul Rupert Murdoch. Formerly incorporated in Adelaide, South Australia, the company was re-incorporated under Delaware General Corporation Law following a successful shareholder vote on November 12, 2004; it had since been headquartered at 1211 Avenue of the Americas in New York City. On June 28, 2012, after concerns from shareholders in response to its recent controversies and to "unlock even greater long-term shareholder value", Rupert Murdoch announced that News Corporation's assets would be restructured into two publicly traded companies, one oriented towards media, and the other towards publishing. The formal split was completed on June 28, 2013; the original News Corp. was renamed 21st Century Fox and consisted primarily of media outlets, while the second Ne ...
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