Manuel Moroun

Manuel J. Moroun
Born	June 5, 1927 (1927-06-05) (age 84) Detroit, Michigan, U.S.
Nationality	American
Other names	Matty Moroun
Alma mater	University of Notre Dame
Occupation	Chairman and CEO of CenTra Inc.
Known for	Owner of the Ambassador Bridge and Michigan Central Station
Net worth	US$ 1.5 billion (2010)
Spouse	Nora[1]
Children	Matthew[1]

Manuel "Matty" Moroun is an American businessman of Lebanese descent ^[2] and the owner of CenTra, Inc., the holding company which controls the Ambassador Bridge.^[3][4] The former is significant as it is the only private ownership of a border crossing between the United States and Canada. He bought the bridge from the Bower Family in 1979. It is now estimated to be worth between 1.5 and 3 billion dollars.^[5] CenTra, Inc., is also the controlling body of Central Transport International, an LTL trucking carrier.^[6] Moroun also has a controlling stake in Universal Truckload Services Inc., which is in itself a holding company for several over-the-road truck lines (Universal Am-Can Ltd., Mason Dixon Lines, Economy Transport, etc.)^[7]

Moroun attended the University of Detroit Jesuit High School, graduating in 1945.^{[citation needed]}

A recent Forbes article listed him as the 321st richest American.^[8]

On 25 March 2010, it was announced that Moroun is suing the US and Canadian governments over the Detroit River International Crossing. He has sought to block construction of the new bridge as it competes with his own proposal for a second span of the Ambassador Bridge, which he would also own.^[9] Critics suggest that Moroun's opposition is fuelled by the prospect of lost profits from duty-free gasoline sales, which are exempt from about 60 cents per gallon in taxes even though the pump price to consumers is only a few cents lower.^[10]

References

1. ^ ^{a b} http://urbantoronto.ca/archive/index.php/t-3880.html
2. ^ "Ammonnews". http://www.corpmagazine.com/features/cover-stories/itemid/701/the-man-behind-the-bridge--matty-moroun-talks-abo. 
3. ^ http://www.crainsdetroit.com/article/20090419/SUB01/304199963# from Crain's Detroit Business POSTED: 8:00 p.m., Apr. 19, 2009 LAST MODIFIED: 8:19 p.m., Apr. 19, 2009
4. ^ Jack Lessenberry, http://metrotimes.com/news/story.asp?id=14303 from Metro Times
5. ^ Ottawa mulls buying Windsor-Detroit Ambassador Bridge By, John Ivison and Dave Battagello
6. ^ "Central Transport". http://www.centraltransportint.com. 
7. ^ "Universal Truckload Services". http://www.goutsi.com. 
8. ^ Forbes. 17 September 2008. http://www.forbes.com/lists/2008/54/400list08_Manuel-Moroun_7L2B.html. 
9. ^ "Ambassador Bridge boss sues Canada, U.S." CBC News 26 March 2010. Retrieved 20 April 2011
10. ^ "Tax-free fuel sales are bonanza for Ambassador Bridge owners." Detroit Free Press 25 April 2011. Retrieved 25 April 2011

Persondata
Name	Moroun, Manuel
Alternative names
Short description
Date of birth	5 June 1927
Place of birth	Detroit, Michigan, U.S.
Date of death	24 June 2010
Place of death	Detroit, Michigan, U.S.