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Saturday, April 18, 2015

Billionaire A Alfred Taubman dies

A Alfred Taubman, the self-made Michigan billionaire whose philanthropy and business success - including making the enclosed shopping mall part of American culture - was clouded by a criminal conviction late in his career, has died at the age of 91. Mr Taubman, who donated hundreds of millions of dollars to universities, hospitals and museums, died at his home of a heart attack, according to his son, Robert S Taubman, president and chief executive of Taubman Centers Inc. "This company and all that you stand for were among the greatest joys of his life," Robert S Taubman wrote in a message to the company's employees. "He was so proud of what this wonderful company he founded 65 years ago has accomplished."

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