Howard Hughes Net Worth is$4 Billion
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Profession: Entrepreneur, Engineer, Businessperson, Aviator, Investor, Film Producer
Date of Birth: Dec 24, 1905
Nicknames: Howard Robard Hughes, Jr., howard_hughes, Howard Hughes, Sonny, The World's Greatest Womanizer
Height: 1.92 m
Country: United States of America
Net Worth: View Howard Hughes Net Worth
Howard Hughes was a business tycoon, film director and producer, aviator and engineer. Howard Hughes started his financial empire with directing and producing of hit films, such as, The Outlaw, Scarface, Hells Angels and The Racket, in the 1920's, 30's and 40's. The first two films he ever made was "Arabian Nights and "Everybody's Acting," which were big hits. Howard Hughes was also set many world records as a pilot and aircraft engineer. He built the Hughes H-1 Racer while running Hughes Air Craft, which was donated to the Smithsonion in 1975 and then put on display at the National Air and Space Museum. He was also one of the people that helped to design and fund the building of The Boeing 307 Stratoliner and the Lockheed L-049 Constellation. He founded Hughes Aircraft Company in 1932, the Hughes Helicopters Division in 1947 and Hughes Aerospace Group in 1948. Howard Hughes also took over controling interest in TWA airport in 1939, as well as, purchasing the airline Air West and changing it to Hughes Airwest in 1970. Howard Hughes took over ownership of RKO studio in 1948, but eventually sold it to the General Tire and Rubber Company for $25 million, but held on to his rights to the films he had already produced. In 1953 Howard Huges founded the Howard Hughes Medical Institute in Maryland. Eventually Huges Aircraft was sold and the profits went to the institute for research. He developed the Glomar Explorer for the CIA, in order to help them uncover a sunken Russian Submarine K-129. But there is no proof of his actual involvement in the recovery of the Russian vessel or it's crew members Howard Hughes suffered from obsessive-compulsive disorder, which made it difficult for those around him, as well as those working with him in the movie industry. He had reached a point where he had difficulty making decisions and would lock himself up for days, and months at a time and living on nothing other than chocolate candy and milk. He insisted no one speak to him unless requested to and no one was to look at him. He continued to let himself go and wasn't at all concerned about personal hygiene. All he wanted was to be left alone to watch movie after movie while sitting naked in his chair. He also rented several rooms at the Beverly Hills Hotel for his wife, aides and many female friends, as well as himself, where his mental and physical condition continued to decline. When Howard Hughes passed away, the authorities had to run DNA testing to be sure it was him, because of his constant drug use and his debilitating state. His physical condition was so bad that he only weighed around 90 pounds at the time of death. An autopsy confirmed that Howard Hughes died of kidney failure. They found five hypordermic needles that had apparently broken off in his arms, apparent signs of malnutrition. He was buried in Houston, Texas at the Glenwood Cemetary. A handwritten will was later discovered and the inheritance was split accordingly. Terry Moore, (who claims to have been married to Hughes) received an unknown amount.
Howard Robard Hughes, Jr. (December 24, 1905 - April 5, 1976) was an American business magnate, investor, aviator, engineer, film producer, director, and philanthropist. He was one of the wealthiest people in the world. He gained prominence from the late 1920s as a maverick film producer, making big-budget and often controversial films like The Racket (1928), Hell's Angels (1930), Scarface (1932), and The Outlaw (1943). Hughes was one of the most influential aviators in history; he set multiple world air-speed records, built the Hughes H-1 Racer and H-4 "Hercules" (better known to history as the "Spruce Goose" aircraft), and acquired and expanded Trans World Airlines which would later on merge with American Airlines. Hughes is also remembered for his eccentric behavior and reclusive lifestyle in later life, caused in part by a worsening obsessive-compulsive disorder and chronic pain. His legacy is maintained through the Howard Hughes Medical Institute.
Hughes' birthplace is recorded as either Humble or Houston, Texas. The date is also uncertain, though Hughes claimed his birthday was Christmas Eve. A 1941 affidavit birth certificate of Hughes signed by his aunt Annette Gano Lummis and Estelle Boughton Sharp states he was born on December 24, 1905, in Harris County, Texas.[N 1] However, his baptismal record of October 7, 1906, in the parish register of St. John's Episcopal Church, in Keokuk, Iowa, has his birth listed as September 24, 1905, without reference to the place of birth.[N 2]
His parents were Allene Stone Gano (a descendant of Owen Tudor, second husband of Catherine of Valois, Dowager Queen of England) and Howard R. Hughes, Sr. from Missouri of English descent, who patented the two-cone roller bit, which allowed rotary drilling for petroleum in previously inaccessible places. Howard R. Hughes, Sr. made the shrewd and lucrative decision to commercialize the invention by leasing the bits instead of selling them, and founded the Hughes Tool Company in 19

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Howard Hughes Latest News

Treasured Stock For Institutions: The Howard Hughes Corporation (NYSE:HHC)

Based on the lastest quarterly filings, institutions continue to be large stakeholders in The Howard Hughes Corporation (NYSE:HHC). The big banks are holding 82.10% of the shares while company insiders are clinging to 0.40%. Shares of The Howard Hughes ...
Posted: October 18, 2016, 11:29 am

Tribe moves a step forward in casino project

The agreement is between the city and the Howard Hughes Corp., the developer of the future Outlet Collection at Elk Grove mall at Highway 99 and Kammerer Road. Wilton Rancheria’s proposed casino plan on an original portion of the mall property would ...
Posted: October 20, 2016, 10:32 am

Swift Run Capital Management LLC Has $8,173,000 Position in The Howard Hughes Corp. (HHC)

Swift Run Capital Management LLC raised its position in The Howard Hughes Corp. (NYSE:HHC) by 1.0% during the second quarter, Holdings Channel reports. The institutional investor owned 71,488 shares of the company’s stock after buying an additional 740 ...
Posted: October 14, 2016, 5:37 pm
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