Explore popular quotes and sayings by Charles Gates, Jr..
Last updated on December 24, 2024.
Charles Cassius Gates Jr. was a businessman and philanthropist. His father, Charles Gates Sr., bought Colorado Tire & Leather for $3,500 in 1911. The company was renamed The Gates Rubber Company in 1919. It became world's largest non-tire rubber manufacturer. Charles Gates Jr. took over in 1961, upon the death of his father. The Gates Corporation continued to grow, diversify, and acquire other companies, including Learjet. By 1996, the privately held Gates Corporation employed over 14,000 people. It was sold to London-based Tomkins plc that year for US$1.1 billion.
All our institutions rest upon business. Without it we should not have schools, colleges, churches, parks, playgrounds, pavements, books, libraries, art, music, or anything else that we value.