Business: NEW MILLIONAIRES:

How to Make a Fortune

ONE persistent bit of modern business folklore is that a man can no longer make a million, that the day of opportunity in the U.S. is past. The best evidence against such a pessimistic view is the number of new millionaires sprouting up from coast to coast every day. On that basis, the U.S. millionaire is more alive in 1954 than he ever was in the golden '20s.

A prime example of the new breed is Los Angeles' Howard F. Ahmanson, 48, who made his fortune in the savings-and-loan business, real estate, oil and fire insurance. Says Millionaire...

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