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Acquired by The Rouse Company. Summa Corporation was a holding company for the business interests of Howard Hughes after he sold the tool division of Hughes Tool Company in 1972. Its holdings included casino hotels, aviation businesses, and television channels. After Hughes's death in 1976, most of the company's assets were sold off, and it ...
The unique history of Summa LLC started with the one and only Howard Hughes. The iconic billionaire had a special fondness for Tonopah and the surrounding areas, so in 1968 Summa Corporation bought up close to 100 of the land claims, setting a new stage for Hughes’ wild escapades. Then, in a flash he abandoned the land, leaving it in legal limbo.
Howard Hughes. Howard Robard Hughes Jr. (December 24, 1905 – April 5, 1976) was an American aerospace engineer, business magnate, film producer, investor, philanthropist, and pilot. [2] He was best known during his lifetime as one of the richest and most influential people in the world. He first became prominent as a film producer, and then ...
The chairman of the privately held Howard Hughes Corporation is William R. Lummis, a cousin of Hughes who took control of the assets after 1976 in a tangled estate that was tied up in court for years.
In June 1974, just before the Glomar set sail, thieves had broken into the offices of the Summa Corporation and stolen secret documents, one tying Howard Hughes to CIA and the Glomar Explorer. Desperate to recover this document, CIA called in the FBI, which in turn enlisted the Los Angeles Police Department.
Sep 25, 2023 · The corporation formed by Hughes’ heirs, the Summa Corporation renamed itself The Howard Hughes Corp. in 1994. It sold two years later to the Rouse Company and then was acquired by General ...
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May 15, 2008 · Hughes agreed and so began the billionaire recluse's foray into Las Vegas real estate. After buying the Desert Inn for $13 million, Hughes went on a roll. He bought the Sands for $14.6 million ...
