Extensive Business Interests
In 1938, Fay and his brother, Ernest Fay (1914–1986), founded Seabrook Shipyard, which built submarine chasers and rescue boats during World War II. After the war, Fay operated various businesses in Texas and Louisiana, including shipbuilding and his Bel Oil Corporation.
By 1972, his petroleum interests included holdings in several states as well as Canada, and New Zealand. He also had real estate interests in Nicaragua and the Little Cayman Islands in the Caribbean Sea. At the time of his death, his business interests had diversified to include ranching, timber, marinas, and banking.
Read more about this topic: Albert Bel Fay
Famous quotes containing the words extensive, business and/or interests:
“God gave the righteous man a certificate entitling him to food and raiment, but the unrighteous man found a facsimile of the same in God’s coffers, and appropriated it, and obtained food and raiment like the former. It is one of the most extensive systems of counterfeiting that the world has seen.”
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“God forgive me, I do still see that my nature is not to be quite conquered, but will esteem pleasure above all things; though, yet in the middle of it, it hath reluctancy after my business, which is neglected by my following my pleasure. However, music and women I cannot but give way to, whatever my business is.”
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