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Born on: 1st Jan 70 Born in: United States Marital status: Deceased Occupation: Hughes Aircraft Company
Born Howard Robard Hughes, Jr. has an estimated net worth of $4 billion. Hughes, one of the wealthiest people in the world was an American business magnate, investor, aviator, aerospace engineer, film maker and philanthropist. Hughes has earned his net worth from his business ventures including film production which were a financial success and from his own companies including Hughes Aircrfat Company and Hughes Aerospace Group. Hughes rose to fame with his big budget and controversial films including The Racket in 1928, Hell's Angels in 1930, Scarface in 1932, and The Outlaw in 1943. Hughes as one of the most influential aviators in history has set multiple world air speed records, built the Hughes H-1 Racer and H-4 "Hercules" and acquired and expanded Trans World Airlines, which later merged with American Airlines. Hughes is most remembered with his eccentric behavior and reclusive lifestyle in later life, caused in part by a worsening obsessive–compulsive disorder and chronic pain. Hughes died on April 5, 1976 and was buried in the Glenwood Cemetery in Houston, Texas, next to his parents.
Family & relationships
- Jean Peters
Hughes equipped this 1954 Chrysler New Yorker with an aircraft-grade air filtration system which took up the entire trunk and cost more than his car.
Howard Hughes Medical Institute
Howard Hughes Medical Institute was founded by the American businessman Howard Hughes in 1953. It is one of the largest private funding organizations for biological and medical research in the United States. HHMI spends about $1 million per HHMI Investigator per year, which amounts to annual investment in biomedical research of about $825 million. The institute has an endowment of $16.1 billion, making it the second-wealthiest philanthropic organization in the United States and the second best endowed medical research foundation in the world.