Larry Hillblom

Larry Hillblom

Larry Lee Hillblom (1943 - 1995) was an American businessman and a co-founder of DHL Worldwide Express, a shipping company.

Larry Hillblom was a graduate of the University of California, Berkeley's Boalt Hall School of Law, and in 1969, co-founded DHL, which delivered shipping documents via air courier days before the ship arrived, so that the ships could be quickly unloaded. The company was later transformed into a general air courier, and Hillblom's wealth expanded to several billion dollars.

In the 1980s, he moved to Saipan, where he started several businesses and development projects in Hawaii, Vietnam and the Philippines.

In Vietnam, he spent $40 million to restore the Dalat Palace Hotel as well as the Dalat Palace Golf Course, in an attempt to recreate colonial times. Other investments included the Novotel Dalat, Novotel Phan Thiet and Ocean Dunes Golf Course and, outside Ho Chi Minh City, Riverside Apartments. The investment was done via an overseas holding company to avoid an American embargo against Vietnam. The Dalat Palace Hotel featured French restaurants and "Larry's Bar". The hotel opened in 1995 under Hillblom and his Vietnamese partners' ownership with management personnel provided by Accor. [Wall Street Journal, "A Vietnamese Hotel Gets Second Chance In 'Capital of Love'; DHL Co-Founder Left Behind A Complicated Legacy And a Hot Spot in Dalat", James Hookway, January 3, 2006, Pg. A1]

He was an aircraft enthusiast, and flew several vintage aircraft. Hillblom's seaplane crashed on May 21, 1995, on a flight from Pagan Island to Saipan. The bodies of the pilot and of a fellow passenger / business partner [ [http://www.sfweekly.com/2000-04-05/news/ca-h-for-genes/2 San Francisco - News - Ca$h for Genes ] ] were found, but Hillblom's body was never recovered.

Hillblom's will stated that the University of California, San Francisco would receive his estate, and did not specify any children in the 1982 will. There was no "disinheritance clause" in the will, which Hillblom thought was unnecessary since he did not recognize his illegitimate children.Wall Street Journal, "The Fatherlode: Settled Paternity Suit Makes Junior Hillblom One Very Rich Kid --- Three Others Get $50 Million Each, Too, but Wealth Has Certain Drawbacks --- Jetting in to Catch the Knicks", Robert Frank, March 20, 2000, pg. A1] However, according to Saipan law, illegitimate children born after a will has been drawn up are entitled to make a claim on the estate.Los Angeles Times, "Asian Children Finally Get Part of $550-Million Estate; Wealth: U.S. businessman's trysts caused a tangled legal battle. UC will also get a substantial piece of the inheritance", by Mary Curtius, May 20, 1999, pg. 1]

Girls from several Asian and Pacific countries made claims that he was the father of their children. They stated that Hillblom had visited bars in Micronesia and the Philippines, offering chaste girls money in exchange for sex. Most of the attorneys in Saipan became involved in the case, according to one Saipan attorney.However, since Hillblom's body wasn't recovered in the crash, there was no DNA that could be used to determine paternity. Mysteriously, his house in Saipan was discovered to have been wiped clean. The sinks had been scrubbed with muriatic acid, and toothbrushes, combs, hairbrushes and clothes were found buried in the backyard, making them useless for DNA testing.

Investigators discovered he had a facial mole removed at UCSF Medical Center, and it was still there; UCSF agreed to relinquish the mole (although its release could, of course, deprive UCSF of the estate if it could be used to prove Hillblom had sired children). It later turned out that the mole was not from Hillblom.

Hillblom's mother, brother, and half-brother initially refused to submit their DNA (which could have also been used to determine paternity of the various children). Investigators then decided to use a different tactic: how did the DNA of the children compare with each other? Since the women were in different countries, if their children shared certain DNA markers, they'd almost certainly have the same father. However, investigators in the case were eventually able to convince Hillblom's mother to supply a sample of her DNA in exchange for $1 million and a French villa.

It was ultimately determined that a Vietnamese child, 2 Filipino children, and a child from Palau were fathered by Hillblom.

In the final settlement, each of the four children received $90 million (about $50 million after taxes and fees), while the remaining $240 million went to the Hillblom Foundation, which followed Hillblom's wishes and donated funds to University of California for medical research. [San Francisco Business Times, "The Week in Review", page 10, January 16, 1998.]

Notes

ee also

*Micronesia

External links

* [http://dna-view.com/sfstory.htm Cash for Genes]
* [http://www.llhf.org/ Hillblom Foundation ("...funded through a bequest from Larry L. Hillblom, a "respected" international businessman...") ]
* [http://www.wright.edu/~tdung/vn_boy.htm Asian Children Finally Get Part of $550-Million Estate]
* [http://zinos.com/f/z/scan/se=AR000561/sp=view_article/rs=yes/go.html Anything for the Buck, The Big Buck]


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • Larry Hillblom — Larry Lee Hillblom (* 1943; † 21. Mai 1995 bei Saipan) war 1969 Gründungsmitglied des internationalen Kurier Unternehmens DHL, das 2002 von der Deutschen Post AG übernommen wurde. Für seinen bizarren Lebenswandel bekannt, kaufte Hillblom nicht… …   Deutsch Wikipedia

  • Hillblom — Larry Lee Hillblom (* 1943; † 21. Mai 1995 bei Saipan) war 1969 Gründungsmitglied des internationalen Kurier Unternehmens DHL, das 2002 von der Deutschen Post AG übernommen wurde. Für seinen bizarren Lebenswandel bekannt, kaufte Hillblom nicht… …   Deutsch Wikipedia

  • DHL Express — DHL redirects here. For other Deutsche Post divisions and business units using the DHL brand, see Deutsche Post. For the honorary degree, see Doctor of Humane Letters. DHL Express Deutsche Post AG Type Division …   Wikipedia

  • University of California, Berkeley — Seal of the University of California, Berkeley Motto Latin: Fiat Lux Motto in English Let There Be Light …   Wikipedia

  • DHL — Infobox Company company name = DHL International GmbH company company type = Subsidiary slogan = Express Logistics. We move the world All the way I m on it! First Choice First Choice for our customers. Worldwide. owner = Deutsche Post foundation …   Wikipedia

  • DHL — Logo de DHL Création 1969 Personnages clés Adrian Dalsey (cofondateur), Larry Hillblom (cofondateur), et Robert Lynn (cofondateur) …   Wikipédia en Français

  • European Air Transport — DHL Logo de DHL International GmbH Création 1969 Personnages clés Adrian Dalsey (co founder), Larry Hillblom (co founder), and Robert Lynn (co founder) …   Wikipédia en Français

  • Dalsey — Adrian Dalsey (* 14. Oktober 1914 in Illinois; † 10. Oktober 1994 in Walnut Creek) war einer der drei Gründer des internationalen Kurier Unternehmens DHL. Leben Er wurde in Illinois als Sohn eines jüdisch polnischen Vaters und einer… …   Deutsch Wikipedia

  • Liste der Biografien/Hi — Biografien: A B C D E F G H I J K L M N O P Q …   Deutsch Wikipedia

  • DHL — Saltar a navegación, búsqueda Boeing 757 con el logo de la empresa …   Wikipedia Español

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”