Carl Henry Lindner Jr. | |
---|---|
Born | April 22, 1919 |
Died | October 17, 2011 (age 92) |
Nationality | United States |
Occupation | Businessman |
Net worth | $2.3 billion (2006) |
Spouse(s) | Edyth Bailey |
Children |
Carl Lindner III Craig Lindner Keith Lindner |
Family | Lindner family |
Carl Henry Lindner Jr. (April 22, 1919 – October 17, 2011) was an American businessman from Norwood, Ohio and one of the world's richest people. According to the 2006 issue of Forbes Magazine's 400 list, Lindner was ranked 133 and was worth an estimated $2.3 billion.
After dropping out of school at 14 during the Great Depression, he helped to expand his family's dairy business into United Dairy Farmers, a large chain of convenience stores. With his three sons, he controlled roughly 42% of American Financial Group, a holding company based in Cincinnati, Ohio, whose primary business is insurance and investments.
Lindner was a part owner and Chief Executive Officer of the Cincinnati Reds until he sold a majority interest to a group led by Robert Castellini on November 2, 2005 and stepped down as CEO. Lindner remained an active partner in the organization after the transaction. In 1997, Lindner was inducted into Junior Achievement's U.S. Business Hall of Fame.
Lindner donated to charitable causes and political campaigns. The Lindner family has supported several Cincinnati private schools, including Cincinnati Hills Christian Academy, which was founded by the Lindners. Lindner supports his Carl H. Lindner Honors-PLUS program within the University of Cincinnati's College of Business. His Great American Insurance Company was once the title sponsor of the Cincinnati Masters tennis tournament. Phillips Chapel Church honored Lindner with the addition of the Carl Lindner, Jr Fellowship Hall.
Most recently, in June 2011 The University of Cincinnati honored Lindner by renaming the College of Business the Carl H. Lindner College of Business after him in recognition of his and his family's contributions to the college, university, and business community.