Armand Hammer

Date of Birth: May 21, 1898

Zodiac Sign: Gemini

Date of Death: December 10, 1990

Biography

Armand Hammer was an American business magnate and philanthropist, born on May 21, 1898, in New York City. He is best known for his extensive work in the oil industry and his long-term leadership of Occidental Petroleum, which he transformed into one of America’s largest oil companies. Hammer’s business interests were diverse, and he was also involved in real estate, art, and healthcare. He was a notable art collector and a supporter of various cultural and humanitarian causes. Hammer’s life was marked by his ability to forge connections across political and economic boundaries, often engaging with leaders from the Soviet Union during the Cold War. He passed away on December 10, 1990, in Los Angeles, California.

5 Interesting Facts about Armand Hammer

1. Hammer’s name “Armand” was inspired by the “Arm & Hammer” baking soda brand, although there is no direct connection between the two.

2. He graduated from Columbia University with a degree in medicine, although he never practiced as a doctor.

3. Hammer established a pharmaceutical business in the Soviet Union during the 1920s, producing penicillin and other drugs.

4. He was a passionate art collector, amassing works from artists like Rembrandt, Van Gogh, and Picasso.

5. Hammer’s philanthropic efforts included significant donations to medical research, education, and the arts, such as the Hammer Museum in Los Angeles.

5 Most Interesting Quotes from Armand Hammer

1. “The secret of life is not to do what you like, but to like what you do.”

2. “When I work fourteen hours a day, seven days a week, I get lucky.”

3. “I believe in bridging the gap between business and the arts.”

4. “Success is not a matter of luck; it is a matter of preparation meeting opportunity.”

5. “The more you give, the more you live.”

Highest Net Worth Achieved

The highest net worth achieved by Armand Hammer was estimated to be around $800 million at the time of his death.

Children

Armand Hammer had one son, Julian Armand Hammer, born to his first wife, Olga Von Root. Julian had three children, including Michael Armand Hammer, who continued the family’s business legacy.