John D. MacArthur
John D. MacArthur was born in Pittston, Pennsylvania, United States on March 6th, 1897 and is the American Businessman And Philanthropist. At the age of 80, John D. MacArthur biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.
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MacArthur joined the U.S. Navy and then the Royal Canadian Air Force during World War I. He was medically discharged from service.
MacArthur made his fortune in the mail-order insurance business. He acquired the Bankers Life and Casualty Company, an insurance company defeated by the Great Depression, in 1935 after borrowing $2,500, then went on to build a business empire by acquiring many small insurance corporations. In the 1950s he signed famed broadcaster Paul Harvey as his company's radio spokesperson.
MacArthur also increased his vast fortune by heavily and lucratively investing in Florida real estate. By the time of his death, he owned 100,000 acres of real estate in Florida. In 1954 for $5.5 million MacArthur bought 2,600 acres (11 km2) of land in northern Palm Beach County originally owned by Harry Seymor Kelsey and later by Sir Harry Oakes. It included most of today's Lake Park, North Palm Beach, Palm Beach Gardens and Palm Beach Shores. For many years, MacArthur conducted his business affairs from a corner table in the Colonnades Beach Hotel coffee shop, in Palm Beach Shores, where he and his wife lived in an apartment above the bar, overlooking the Atlantic Ocean and the Lake Worth Lagoon.