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Milton Petrie
Milton Petrie (August 5, 1902 – November 6, 1994) was an American retailer, investor and philanthropist. He made a fortune from a chain of retail stores and supplemented it through a series of investments in real estate and stocks. He was well known in New York City as a philanthropist who gave money to universities and cultural institutions and also to many individuals.
==Early life and career==
His parents were Russian Jewish immigrants who were running a pawn shop in Salt Lake City when he was born.〔Strom, Stephanie ("Milton J. Petrie, Philanthropist, Is Dead at 92", ''New York Times'' ) November 8, 1994〕 In 1927, he started a chain of hosiery stores, but it ultimately failed. He then built a large retail company called Petrie Stores, which operated over a seventeen hundred discount women's clothing stores under various names, Petries, Jean Nicole, Rave, Stuarts, Winklemans, Marianne's and G & G.〔 In 1977, his $10 million investment in a consortium organized by A. Alfred Taubman to buy the Irvine Company returned $100 million.〔Lindsey, Robert, "Taubman-Allen Group Is Winner Of Irvine as It Tops Mobil's Offer", ''New York Times'', May 21, 1977, page 32〕〔Curtis, Charlotte, "The Tireless Milton Petrie", ''New York Times'', May 15, 1984, page C16〕 In 1987, he began to acquire shares in Toys "R" Us for less than a dollar per share. His stake grew to 38% percent of the company〔Fabrikant, Geraldine, "Market Place; At Petrie Stores, estate planning drove a final swap of stock", ''New York Times'', December 6, 1994〕 and was worth $1.5 billion at the time of his death.〔Strom, Stephanie, "Milton J. Petrie, Philanthropist, Is Dead at 92", ''New York Times'', November 8, 1994〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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