Frank Winfield Woolworth

popular name: Hugh Hefner

date_of_death: September 27, 2017

age: 91

cause_of_death: Sepsis and cardiac arrest caused by an E. coli infection

claim_to_fame: Business and Finance

best_know_for: Hugh Hefner transformed the adult entertainment industry with his groundbreaking publication Playboy. From the first issue featuring Marilyn Monroe in December 1953, Playboy expanded into a multimillion-dollar enterprise mirroring the often controversial, if not outright sleazy, sensibilities of its founder. By the early 1960s, it was a huge success, soon expanding to open its namesake clubs all over the world. It also moved into TV with Playboy After Dark. By the 1970s, Hefner set himself up at the Playboy Mansion West in California, remaining editor-in-chief of the magazine he founded while daughter Christie ran the day to day operations. Once worth in excess of $200 million, upon his death the Playboy empire was worth $55 million while the magazine folded in 2020.

popular name: David Sarnoff

date_of_death: December 12, 1971

age: 80

cause_of_death: Mastoid infection

claim_to_fame: Business and Finance

best_know_for: David Sarnoff was an American businessman and pioneer of American radio and television. Throughout most of his career he led the Radio Corporation of America in various capacities from shortly after its founding in 1919 until his retirement in 1970. It all began in 1920 when Sarnoff reiterated his “radio music box” memo and was given a small amount of money to develop a radio prototype. As RCA’s new general manager, he demonstrated radio’s market potential by broadcasting the boxing match between Jack Dempsey and Georges Carpentier (July 2, 1921); the broadcast created a sensation. Within three years RCA sold more than $80 million worth of receiving sets. In 1926 RCA formed the National Broadcasting Company (NBC). As early as 1923, Sarnoff had perceived the potential of television, which the contributions of several inventors were making technically feasible. His meeting in 1929 with Westinghouse engineer Vladimir Zworykin convinced him that home television was possible, and Sarnoff persuaded Westinghouse to back Zworykin’s work. In 1930 Westinghouse’s television research and Zworykin were transferred to RCA. By 1939 Sarnoff was able to give a successful demonstration of the new medium at the New York World’s Fair. And as they say ... the rest is history.

popular name: J. P. Morgan

date_of_death: March 31, 1913 (aged 75)

age: 75

cause_of_death: Acute attack of gastro enteritis

claim_to_fame: Business and Finance

best_know_for: J.P. Morgan was a titan of American business. In the late 19th and early 20th centuries his position and connections put him squarely in the middle of the development of American industry. Of his generation John Pierpont Morgan (1837-1913) was the most powerful banker, industrialist and art collector in America. Born in Connecticut, he was the third generation of a banking dynasty that he would go on to dwarf with his financial acumen and bullish instinct. His father Junius Spencer Morgan was a partner in a London-based merchant bank. Another ancestor, James Pierpont, founded Yale University. At the height of his powers in the 1890s, Morgan was said to control one sixth of America’s railway lines. In 1895 he and a consortium of bankers rescued America’s Gold Standard loaning the federal government more than $60 million. In addition to the bank that bore his name, Morgan invested in and subsequently bought the Carnegie Steel Company, Edison General Electric and the United States Steel Corporation. He also acquired the New York Times newspaper and founded the Metropolitan Club in New York when the Union Club blackballed his friend John King. Deeply offended, he instructed the architects ‘build me a club fit for gentlemen. Forget the expense’. However, Morgan was not content just in the banking world – he had many interests elsewhere. Adolph Ochs, publisher of the Chattanooga Times, secured a loan with J.P. Morgan’s help and managed to save the New York Times. His personal and business interests extended to steel and railroads. He purchased U.S. Steel from Andrew Carnegie and merged it with a few other firms to create United States Steel in 1901. Over 100 years later that firm is still going strong.