Age, Biography and Wiki
Franklin Otis Booth Jr. was born on 28 September, 1923 in Pasadena, California, United States, is an executive. Discover Franklin Otis Booth Jr.'s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 85 years old?
Popular As |
N/A |
Occupation |
Newspaper executive, investor |
Age |
85 years old |
Zodiac Sign |
Libra |
Born |
28 September, 1923 |
Birthday |
28 September |
Birthplace |
Pasadena, California, United States |
Date of death |
(2008-06-15) Los Angeles, California, United States |
Died Place |
Los Angeles, California, United States |
Nationality |
United States |
We recommend you to check the complete list of Famous People born on 28 September.
He is a member of famous executive with the age 85 years old group.
Franklin Otis Booth Jr. Height, Weight & Measurements
At 85 years old, Franklin Otis Booth Jr. height not available right now. We will update Franklin Otis Booth Jr.'s Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Who Is Franklin Otis Booth Jr.'s Wife?
His wife is Married
Family |
Parents |
Not Available |
Wife |
Married |
Sibling |
Not Available |
Children |
6 |
Franklin Otis Booth Jr. Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Franklin Otis Booth Jr. worth at the age of 85 years old? Franklin Otis Booth Jr.’s income source is mostly from being a successful executive. He is from United States. We have estimated
Franklin Otis Booth Jr.'s net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
executive |
Franklin Otis Booth Jr. Social Network
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Timeline
He died June 15, 2008, in his home in Los Angeles from complications of ALS, also known as Lou Gehrig's disease.
In 1972 Booth retired from the Times and operated several businesses before trying his hand at citrus farming and raising livestock. Booth Ranches (brand name Otis Orchards) in the San Joaquin Valley consists of 9,000 acres (36 km) of orange groves, two citrus packinghouses and a cattle ranch.
During his early years at the Times, Booth began investing in real estate with his friend Charles Munger, now vice chairman of Berkshire Hathaway Inc. They worked on two real estate projects in Pasadena and quadrupled their money. It was Munger who introduced Booth to Warren Buffett in 1963. Booth's early decision to invest with Buffett left him with shares in Berkshire Hathaway amounting to a 1.4% stake in the company. Booth was a billionaire and one of the largest investors in the company, according to a 2005 Forbes magazine article cited in Booth's Times obituary.
Booth's tenure at the Times overlapped with that of his second cousin and close friend, Otis Chandler, the publisher who held the reins of the paper from 1960 to 1980. The cousins shared a passion for the outdoors; Booth, also known as Otis, surfed, fished and hunted.
During the 1950s, Booth was responsible for overseeing the printing of the newspaper. In 1968 he was named corporate vice president of Times Mirror Corporation in charge of forest products and commercial printing.
Franklin Otis Booth Jr. (September 28, 1923 – June 15, 2008) was an American billionaire newspaper executive and investor. He was a Los Angeles Times executive and early investor in Berkshire Hathaway, which made him a billionaire. Booth was also a philanthropist and a great-grandson of Gen. Harrison Gray Otis, founder of the Times.
Booth was born September 28, 1923, in Pasadena, where he spent his youth. By age 16 he was a student at the California Institute of Technology. He earned a bachelor's degree in electrical engineering in 1944 and then served two years in the U.S. Naval Reserve. After his discharge he earned a master's degree in business administration and a graduate degree in engineering in 1948, both from Stanford University.