Steven Jay Ross
Steven Jay Ross was an American businessman who served as chairman and CEO of Warner Communications and later chairman and co-CEO of Time Warner Inc. He built Warner Communications over three decades from its origins in parking garages and rental car services into a global entertainment conglomerate, overseeing acquisitions including Warner Bros. Ross died on December 20, 1992, at the age of 65.
“By 1990, Ross took home a $78 million pay package, the largest of any executive in America that year, built on a foundation of parking garages.”
Source→“In 1969, a man who rented out funeral-home limousines at night bought Warner Bros. Steve Ross paid the equivalent of $3.5 billion in today's dollars for one of the great movie studios.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.