Armand Hammer
American oil tycoon, entrepreneur, and philanthropist known for Soviet ties.
Chronology: 1898-05-21 – 1990-12-10
Origins & Early Life
Armand Hammer (May 21, 1898 – December 10, 1990) was an American oil tycoon, entrepreneur, and philanthropist. The son of a Russian-born communist activist, Hammer trained as a physician before beginning his career in trade with the newly established Soviet Union. Having made his fortune in pharmaceuticals and whiskey, he nearly retired before coming into control of the then-failing Occidental Petroleum in 1956. He spent the next 33 years as chief executive officer and chairman of the company, overseeing its growth to become one of the largest companies in the US.
Pivotal Works & Achievements
Called "Lenin's chosen capitalist" by the press, he was also known for his art collection and his close ties to the Soviet Union. Hammer's business interests around the world and his "citizen diplomacy" helped him cultivate a wide network of friends and associates. Armand Hammer was born in New York City to Rose (née Lipschitz) and Julius Hammer. Rose and Julius Hammer were Jewish emigrants from the Russian Empire, from Vitebsk (present-day Belarus) and Odessa (present-day Ukraine), respectively. Julius Hammer came to the United States in 1875 and settled in the Bronx, where he ran a general medical practice...
Enduring Legacy & Impact
The historical impact and works continue to influence the modern world.
Contemporary Figures & Related Historical Timelines
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- Ada Lovelace — Shared historical date (12-10 · Born) (1815): Pioneering mathematician recognized as the first computer programmer.
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- 1898 Historical Timeline & Archive — Explore world events and figures from 1898
- May 21 (05-21) On This Day — Historical birthdays and events on May 21
- 1990 Historical Timeline & Archive — Explore world events and figures from 1990
- December 10 (12-10) On This Day — Historical events and memorials on December 10
Source: Wikipedia