Carl Lindner Jr & family

About Carl Lindner Jr & family

Birth Day: April 22, 1919
Birth Place: United States
Died On: October 17, 2011 (age 92)
Birth Sign: Taurus
Occupation: Businessman
Spouse(s): Edyth Bailey
Children: Carl Lindner III Craig Lindner Keith Lindner
Family: Lindner family

Carl Lindner Jr & family Net Worth

Carl Lindner Jr & family was bornon April 22, 1919 in United States. Delivery boy for family dairy company during the Depression. With two brothers and sister, opened ice cream shop with $1,200 loan in 1940. Today United Dairy Farmers chain has nearly 200 midwestern stores. Left business; started investing in savings and loans in 1959, insurance in 1971. Via American Financial Group, bought Chiquita Brands International in 1984; ran banana company until 2001. Holds 20% stake in pro baseball's Cincinnati Reds.
Carl Lindner Jr & family is a member of Sports

💰 Net worth: $1.7 Billion

Some Carl Lindner Jr & family images

Biography/Timeline

1978

Although Lindner was a devout Baptist he was considered as one of the largest non-Jewish donors to the organized Jewish community in the United States. In 1978 he was named the Man of the Year by the United Jewish Appeal, and was later named a recipient of the Tree of Life Award for the Jewish National Fund, and was recognized as the largest non-Jewish purchaser of Israel Bonds. Lindner, who said an early loan from Isaac Wolfson inspired him to never forget his gratitude to the Jewish people, donated to such causes in multiple occasions, including $1 million in a 1991 fundraiser and $5 million in 2004.

1980

Whereas the Lindner companies and financial institutions once operated on conservative, cautious principles they later became involved in riskier ventures. Lindner insurance companies began to invest in Jun K bonds and other Lindner companies began to issue Jun K bonds. The SEC noted that Lindner companies were the single largest filers of new issues of securities in the U.S. Lindner was repeatedly accused of self-dealing in the corporations under his control; e.g., having such a corporation give him a private aircraft. He became closely associated with Michael Milken and the others in the Jun K bond field to the extent that his financial institutions invested in the Jun K bonds of the others. He and others actively engaged in public relations efforts to present an image of fiscal propriety to the general public while helping to bankrupt individuals and families aiding Central American democracy groups in the 1980s even while they helped Chiquita's cause.

2004

Lindner supported the Republican Party. During the 2004 election, the Lindner family contributed tens of thousands of dollars to Republicans, including the Republican National Committee and several politicians. In 2004, the Republican National Committee named Lindner as one of 62 "Super Rangers", the highest level of fundraising recognition, accorded to those who raise $300,000 or more. Lindner, an ally of George W. Bush, secured the use of Great American Ball Park for Bush's re-election campaign on October 31, 2004, two days before the 2004 Presidential Election.

2005

In 2005, Lindner was among 53 entities that contributed the maximum of $250,000 to the second inauguration of President George W. Bush.

2011

Carl Lindner Jr. died on October 17, 2011, at age 92. He is survived by his wife, the former Edyth Bailey; his sons, Carl III, Craig and Keith; 12 grandchildren; and 6 great-grandchildren.