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>Marcia Riklis
Marcia Riklis father dig
Riklis is the son of Russian Jews. He was born in Turkey two months premature when his parents were moving from their native land to Palestine. His father found work as a chemist, and Meshulam, a pudgy only child, began wheeling and dealing in kites. “Even when I was a kid in Tel Aviv,” he says, “they used to call me the Minister of Finance.” During World War II he served as a rabbi’s chauffeur in the British army, then worked as a clerk before moving to the U.S. with first wife Judith. He put himself through Ohio State, and in 1951 moved to Minneapolis, where he was a customer’s man in a brokerage firm from 8 a.m. to 3 p.m. and a teacher in a Hebrew school from 4 to 9. He soon attracted the attention of the wealthy parents of his students and began purchasing stock for them. In 1955 Riklis put together a syndicate to buy a typesetting company. Soon he was dazzling Wall Street by what he calls “the effective nonuse of cash.” He would use borrowed money to buy undervalued companies, whose assets would provide the leverage for larger takeovers. His conglomerate will show a $28 million or so profit for 1980.
Through the years Rapid-American has weathered some terrifying reversals and has divested itself of Playtex and the S. Klein chain, among others. “I’m the bad boy of Wall Street,” Riklis boasted in 1969. But that same year he admitted, “I have learned to fear. [To run a conglomerate] you must be crazy enough to go ahead, without stopping, without hearing the insults, without seeing the blood on your face.” Once the most sued businessman in America, he shrugs, “There are lawyers who watch for people like me.”
His business style is unorthodox. During negotiations he may lapse into Hebrew, which only his close aides can understand. And he waits up to three months before reading the bulk of his mail, figuring, “By then 80 percent of the letters don’t require replies.”
https://people.com/archive/pia-zadora-and-sugar-hubby-meshulam-riklis-are-the-not-so-poor-mans-davies-and-hearst-vol-15-no-4/
2012 NY Socialite Party Marcia Riklis attended:
http://www.newyorksocialdiary.com/party-pictures/2012/get-wild
Marcia Riklis High School Reunion Photo Gallery:
http://gnn1968.com/gallery/main.php?g2_itemId=6716
MOAR: http://gnn1968.com/gallery/main.php put "Riklis" in search bar on left
Deep State Photog's Marcia Riklis images:
https://www.patrickmcmullan.com/search/?q=Marcia%20Riklis