Gender Male
Investor Type Investor Stage
New York native studied economics at Wharton before joining father's cosmetics firm 1958. Pushed product line beyond makeup: developed Permalens, first permanent soft contact lens. Sold operation for $60 million 1971; first sale of lucrative startup streak. Founded Vision Cable 1972; built subscriber base to 230,000, sold to Newhouse brothers
for $220 million decade later. Flipped his cell phone firm Metro Mobile to Bell Atlantic for $2.5 billion 1991. Now in energy: chairman of Southern Union, third-largest natural gas pipeline company in U.S. Stock down 7% in past year. Sold Palm Beach mansion last June for $68.5 million.
