Joe Allbritton
Joe Allbritton (Businessperson, banker, publisher) | |
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Born | December 29, 1924 D'Lo, Mississippi, United States |
Died | December 12, 2012 (Age 87) Houston, Texas, United States |
Alma mater | Baylor University |
Children | Robert Allbritton |
Spouse | Barbara Allbritton |
Joe Lewis Allbritton was an American banker, publisher and deep state actor.
Early life
Joe Allbritton was born on December 29, 1924, in D'Lo, Mississippi, the sixth of seven children. His family soon relocated to Houston, Texas, where his father owned a small business. Allbritton served in the United States Navy during World War II. He completed his undergraduate degree and law degree from Baylor University, where he was a national champion debater.[1]
Business
After naval service and law school, he borrowed $5,000 to buy land outside Houston, which was later used in the construction of a freeway connecting Houston and Galveston, earning Allbritton a small fortune. He also chaired Houston International Bank, Houston Citizens Bank and University Bankshares.[1]
In 1975, he purchased The Washington Star along with its television station and smaller stations in the south. In 1978, he was forced to divest the newspaper. This became the foundation of his company, Allbritton Communications, which includes WJLA-TV,[2] NewsChannel 8, short lived Internet venture TBD, and Politico, now run by his son, Robert Allbritton.[3]
From 1981 to 2001, he was chairman of Riggs Bank. In 1992, he sold the Los Angeles based Pierce National Life Insurance Co. that he had owned since 1958.[4][5]
References
- ↑ a b https://web.archive.org/web/20121216084443/http://www.wjla.com/articles/2012/12/joe-l-allbritton-founder-of-allbritton-communications-dies-at-87-83047.html#ixzz2Fc34BQ9w
- ↑ https://web.archive.org/web/20130116100930/http://www.wjla.com/articles/2012/12/joe-l-allbritton-founder-of-allbritton-communications-dies-at-87-83047.html
- ↑ https://web.archive.org/web/20130412135842/http://articles.washingtonpost.com/2012-12-12/local/35789364_1_joe-l-allbritton-riggs-bank-media-magnate
- ↑ https://www.washingtonpost.com/archive/business/1992/09/05/allbritton-sells-pierce-insurance/86887976-5829-4334-92e7-f0dca5fee7a6/
- ↑ https://newrepublic.com/article/111093/joe-allbritton-what-those-glowing-obits-didnt-tell-you