Howard Hughes: Small Fortune

In 1938, Trans-World Airlines president Jack Frye, in desperate search of financing for much-needed equipment, telephoned Howard Hughes to ask for 15 million dollars. "Good God, Jack!" Hughes cried. "Don't you realize that's a small fortune?" Frye was delighted by Hughes response. He had finally found someone, he later explained, who considered 15 million dollars a "small" fortune!

[Frye soon persuaded Hughes to buy out the principal stockholders and acquire control of the beleaguered airline.]

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