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  1. 33rdsquare.com

    Oct 23, 2023Building a Fortune in Sand and Gravel - The Early Success of Henry Crown. Growing up the son of a contractor, Henry Crown recognized the opportunity in building materials and founded Material Service Corporation in 1919 with his brothers. In the growing suburbs of post-World War I Chicago, Material Service mined and supplied sand, gravel, ready-mix concrete, and other necessities of development.
  2. 33rdsquare.com

    Sep 30, 2023The foundation of the Crown family fortune traces back to 1919 when Henry Crown founded Material Service Corporation in Chicago as a building materials supplier. Over several decades, through acquisitions and partnerships, Crown built Material Service into the world's largest company for sand, gravel, and other construction aggregates.
  3. en.wikipedia.org

    Henry Crown (né Krinsky; June 13, 1896 - August 14, 1990) was an American industrialist and philanthropist.Among other things, he founded the Material Service Corporation, which merged with General Dynamics in 1959. At the time of his death, he was a billionaire. Henry Crown and Company, of which he is the namesake, is an investment firm that owns or has interests in a variety of business ...
  4. Jun 27, 2023James' 98-year-old-father Lester Crown called his son "the leader of our family both intellectually and emotionally" in an interview Monday in the Chicago Sun-Times. James is one of seven ...
  5. chicagotribune.com

    Jun 26, 2023Crown had been a resident of Chicago's Gold Coast. The Crown family issued a statement late Sunday confirming news reports of the accident. "Tremendously civic-minded, Jim was kind, and his ...
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  1. Lester Crown

    American businessman

    Lester Crown is an American businessman and is the son of Chicago financier Henry Crown, who created the Material Service Corporation with two brothers in 1919, which merged with General Dynamics in 1959. Crown has been a perennial member of the Forbes 400 list since 1982. He controls family holdings, including large stakes in Maytag, Hilton Hotels, Alltel, Aspen Skiing Company, New York's Rockefeller Center, and pro basketball's Chicago Bulls. He also holds a 13% stake in the New York Yankees, an increase from 10% when he was an original limited partner with George Steinbrenner's investment group in 1973. Presumably, the large stake held in Bank One at the time of the 2003 Forbes 400 listing has converted to JPMorgan Chase stock and was derived from an interest in First Chicago Bank, which was enumerated in the 1998 Forbes 400 list as First Chicago NBD shares. Wikipedia

    Born(age), United States
    EducationNorthwestern University (BS), Harvard University (MBA)
    Known forGeneral Dynamics
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