The original fortune-maker left more grandchildren through his sons than through his daughters (mean of 1.33 more grandchildren, paired t-test: t13 = 3.09, P = 0.009; Fig. 1b).
Finally, parental allocation by the fortune-maker seemed to be higher into their sons than their daughters since sons ranked higher up the billionaire list than daughters.
We identified 14 families where an original fortune had been made 2 generations ago, and where the fortune-maker (male in all cases) had at least one son and at least one daughter.
Furthermore, when we investigated the grandchildren of an original fortune-maker, we found that he had more grandchildren through his sons than through his daughters, supporting the assumption that reproductive success would be enhanced by giving birth to more sons than daughters.
Investors are hardly toasting the plan by Fortune Brands, maker of Jim Beam and Maker's Mark, to split into three businesses.
Fortune Brands, maker of Jim Beam bourbon and Titleist golf balls, sold its Scotch whiskey business in Britain to the unit's management for $290 million in Scotland's largest buyout.
Other favorites: Fortune Brands, maker of Titleist and Jim Beam; Korea Electric Power, cheap at 14 times 2000 earnings; KeyCorp, a bank that could be acquired; Solectron, a high-multiple but fast-growing contract electronics manufacturer; Marsh & McLennan, a financial services company; and MCI/WorldCom again, this time from a new player.
There, according to later interviews with fortune cookie makers, they were encountered by military personnel on the way back from the Pacific Theater.
The elder Mr. Scruggs built a fortune suing makers of asbestos on behalf of workers who said they were harmed by their exposure to the material, which can cause fatal lung disease.
Fortune has two: Maker's Mark and Jim Beam.
At Fortune Brands, the maker of Jim Beam bourbon, Master Lock and other consumer products, for example, a felony must result in personal enrichment for Norman H. Wesley, the chief executive, at the expense of the company.
