It was also classic Rudolph, with a complex layout of terraced levels, floating staircases and catwalks. Sam Bass was born in Indiana, as everyone who has ever heard the "Ballad of Sam Bass" knows. Untangling the brothers' billions (the family oil companies and downtown real estate were to remain under joint ownership) would take two years (from 1983 to 1985). Rounding out the Texas contingent on the Forbes list are members of Fort Worth's Bass family. 980 spots. 8' 2". He originally planned to become an architect, but dropped out of graduate school at Yale after a 1970 summer-break visit to Santa Fe. $15 2 hours. Not a bad seat in the house - Bass Performance Hall. By 1969, he had increased its holdings to about $50 million. The Bass family owns much of downtown Fort Worth, and they helped transform a neglected area into a showpiece of urban . Manager + Accounting returns opportunities for Manager and Accounting. It would be years before rising oil prices produced enough profits to allow Perry to buy portions of the operation from the foundation and retire the debt. And to keep him briefed on hometown politics, he has a former newspaper reporter on his payroll. There was a time, however, when America couldnt get enough of Rudolphs work. By the mid-1980's, Bass Brothers' assets had grown from the $50 million in 1969 to an estimated $4 billion. Most of their holdings are private, ranging from hedge fund investments to stakes in aerospace firm Aerion and ice cream maker Blue Bell. The setting seems to accentuate his youthful looks. At first, he was content watching on the sidelines, pursuing a few small deals to gain experience. Once fond of ascots and sneakers, he now is usually seen in business suits. Visitors enter the house under an astonishing 40-foot-long cantilever. Biden said he believes his plan to forgive millions of borrowers student loans is on the right side of the law, a day after the courts conservative majority seemed highly skeptical of the Bidens Administrations argument for the debt relief program. Google Jason Schmid for more information. Bass and his wife Anne donated $13 million to fund the renovation of Yale's Cross Campus Library, which was renamed the Bass Library. To preserve these articles as they originally appeared, The Times does not alter, edit or update them. In downtown Fort Worth, Perry Bass's four billionaire sons -- Sid, Edward, Robert and Lee -- own a gleaming 33-story skyscraper, where they operate out of offices on two of the building's upper floors. A 1987 Texas Monthly cover story, titled The Empress of Fort Worth, detailed her impact as a taste maker and patron, a role that continued when she began spending more time in New York. The Basses turned a $160 million profit, and suddenly stories about the publicity-shy family began appearing in national magazines and newspapers. Perry presided over dinner at the family's mansion in Westover Hills, where everyone gathered to review the day's events. 27 were here. In 1960, Perry Bass had pooled his sons' inheritance, about $11 million, under a new corporation: Bass Brothers Enterprises. ya down the road. Sid had been at Yale during the architects heyday, and while at Vassar. (Photo by Scott Frances/Otto), Dean residence, Great Neck, New York, circa 1978. now for rental rates and other information about this property. But even as the drama of the Disney deal was unfolding, word spread through Wall Street that the Basses were planning to divide their assets. 8 min. Perry is always happy to tell them: "It's an early Sid Bass.". American billionaire of the prominent Bass family, philanthropist and investor, This article is about the businessman. I've got some nice paintings. I'd like to be able to live quietly like 99 percent of the population -- and I try to." . According to Disney's proxy statement of January 1991, the Basses' stake in the company was 18.6 percent, which was worth $2.8 billion earlier this month. In fact, without Perry, there might have been no inheritance to take over. (Bob sold his Disney shares, and Sid parted with some of his in his divorce settlement.). Perry retained his 25 percent stake as well as operating control, but to settle the estate, he had to borrow $30 million. follow them up. "I thought of business as trying to develop something to pass on to those boys," he explained during a series of interviews this spring. Valued at. But nothing comes close to the sheer beauty and complexity of Rudolphs Bass house in Fort Worths Westover Hills. Bass Performance Hall: Not a bad seat in the house - See 943 traveler reviews, 113 candid photos, and great deals for Fort Worth, TX, at Tripadvisor. This is a digitized version of an article from The Timess print archive, before the start of online publication in 1996. McCarthy/Staff Photographer) Part 1: How FDR's island visit helped birth an era of Texas power Part 3: Toddie Lee Wynne and. A self-made man, Richardson would respond with "Nah, that'd just spoil 'em.". Today, renewed interest in Brutalism has put the spotlight on Rudolph once again. Date (s): 1970-1976. IT IS CUSTOMARY FOR accounts of the Basses to credit the cantankerous oil wildcatter Sid Williams Richardson, great-uncle of the Bass brothers, for leaving the boys an inheritance that they later turned into billions. He was transferred to Hillcrest Hospital with burns covering most of his body and the hospital examination revealed that he had swallowed a lightbulb, toilet bowl cleaner and paper clips, anything to try and escape from jail. of the five Ball brothers whose land donation . A longtime advocate of downtown housing -- Fort Worth has virtually none -- Ed is completing a 12-story mixed-use development next door. He travels the world on commercial airlines -- his brothers all have private planes -- and often can be spotted ambling about downtown Fort Worth. For fishermen, bird watchers, folks looking for shells or just wanting to relax, this place is it. The brothers have built on that wealth ever since, partnering with investing legends including David Bonderman and the late Richard Rainwater. In a 3.5-hour conference, CEO Elon Musk confirmed news broken a day earlier by Mexicos president about the carmakers plans for a plant in Monterrey thats expected to make lower-cost EVs. Jose Island, a twenty mile long, sometimes five-mile-wide piece of land that Part of it is the times: Wall Street is a quieter place. Star-Telegram archives. unsolved mystery of the cheerleader who went missing in Pawhuska back in 76. Lance Bass never made it to space. The brothers are also active philanthropists, giving millions of dollars to universities including Yale, Stanford and Duke. At first celebrated for its forward design, the building was later vilified as an example of Brutalisms soulless and hulking nature. The Basses hold down the No. Buy Six The Musical tickets at Bass Performance Hall in Fort Worth, TX at 7:30 PM on 12/01/2023. Yet outside of Texas no one seemed to notice. He has three brothers: Lee Marshall Bass, Ed Bass, and Sid Bass. These days Ed is receiving respectful press attention for his latest -- and most eclectic -- brainstorm: Biosphere 2, a $150 million, 3.15-acre greenhouse erected near the desert town of Oracle, Ariz. Its artful details -- redwood fences and street lanterns -- held his interest in a way that elegant financing of a corporate takeover never could. Visit Rent. Filled with plant and animal life representing a microcosm of the planet earth (Biosphere 1), it is supporting eight humans sealed inside for the next two years. If he would become the family's investment manager, he would be given access to millions in personal investment capital -- the kind of money he could never obtain on his own. [16], Bass is married to Anne T. Im also following a story about a local boy who through hard work and with the support of his family became a top staffer at the very important House Armed Services Committee. Lee Bass' estate (Google Maps). Trade Madness: Knicks, Nets, Rangers, Islanders And Devils Spent February Making Notable Moves, Frontier Airlines Becomes More Family Friendly With Seating Policy, A Psychologist Offers Advice On How To Repair A Family Rift, *NSYNCs Lance Bass Returns To Space Exploration In New Podcast, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. In 1969, the 54-year-old patriarch summoned his four boys to his office. Before he was caught, he went on a wild kidnapping His mother, Nancy Lee Bass, was a philanthropist. Robert Maxwell, the British press baron who died this month, outbid Bass for Macmillan after a heated four-month battle. This is not false modesty. A dramatic cantilever overlooks an alley of pleached oaks. Call the Bass Performance Hall's Patron Services Team at 817-212-4280 for availability and to pre-pay for valet parking. Type: Residence. We are ambassadors, as well as defenders. spree. Interest in the skilful, highly technical Spanish midfielder will only increase after a surge in form. After having used the family's private security force for years, he recently established a separate one. William Moncrief's House 'Amon Carter Museum' by Philip Johnson. Forbes recently estimated Ed Bass' fortune at $2.6billion. Then, in 1981, the family began buying shares in Marathon Oil, setting in motion a takeover battle, one that ended when U.S. Steel bought the company. In 1959 Lee Bass and his three brothers inherited $2.8 million each from oil tycoon uncle Sid Richardson. Eisner and Wells subsequently masterminded a turnaround that sent Disney shares soaring. His father, Perry Richardson Bass, was an investor, philanthropist and sailor. However, he continues to be fascinated by the stories and lessons of those who have, Master of Business Administration, University of Pennsylvania, The Wharton School; Bachelor of Arts/Science, Yale University. https://www.nytimes.com/1991/11/24/magazine/the-breakup-of-the-bass-brothers.html. Snowbirds are northern folks looking for warmer weather and often staying in travel-trailer cities that are everywhere along the 18-mile sandy beach there. Rudolphs influence is not yet fully recognized, but hes on par with any architect of his generation, says Dan Webre, an architect and board member of the Paul Rudolph Foundation in New York City. Three of the brothers own homes less than three miles apart, near where they grew up, on Fort Worth's west side; the fourth, Ed, lives downtown. The Bass Foundation. travel trailer cities that are everywhere along the 18-mile sandy beach there. Three weeks after the fourth gift, Bob announced his donation: an I-can-top-this $25 million, not to Yale but to Stanford University, where he had earned a master's degree in business and serves as a trustee. I don't have any place to hang them.". Located in close proximity to Sundance Square, the Tarrant County Convention Center, premium hotels and the Bass Performance Hall, and within two blocks of the western hub for the Trinity Railway Express. After a rocky start (Rainwater estimates Bass Brothers' initial deals cost it $4 million), investment successes and huge oil revenues from the 1973 Middle East oil embargo dramatically increased the family wealth. (Photo by Scott Frances/Otto), Paul Rudolph designed the Bass house in Fort Worth in 1970. He was transferred to Hillcrest Hospital with burns covering This proclamation opened up properties along the sea shore from According to these accounts, Perry Richardson Bass is a transitional figure, a caretaker of his children's wealth who was wise enough to step out of the way and pass the mantle to his eldest son. 2023 Forbes Media LLC. These were Amon Carter, Sid Richardson, the big bankers, the utility company heads, and a few selected CEOs, most of . On nearby Mustang Island In a 3.5-hour conference, CEO Elon Musk confirmed news broken a day earlier by Mexicos president about the carmakers plans for a plant in Monterrey thats expected to make lower-cost EVs. 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