Corporations: Kaiser's Spreading Empire

California's Edgar Kaiser, 56, is an uncommonly sentimental tycoon. Whenever he sees his father, the legendary Henry J. Kaiser, 82, he greets the old man with a warm hug and a kiss. Two weeks ago, when Edgar was decorated with Brazil's Order of the Southern Cross, the tears flowed freely down his cheeks. On business matters, however, Edgar Kaiser is eminently dry-eyed. Finally stepping out of his father's long shadow, he has taken full charge of the family's 100-company empire and spread the business into 40 countries on six continents. Last week,...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!