Charles Gates Junior

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Charles Cassius Gates, Jr. , also: Charles C. Gates, Jr., (born May 27, 1921 in Denver , Colorado ; † August 28, 2005 there ) was an American businessman and philanthropist .


Gates was the fifth of six children born to parents Hazel and Charles Gates Sr. and their eldest son. He was born in the back seat of the car his mother was supposed to take to Denver's Bear Creek Hospital with the help of his father.

Gates studied mechanical engineering at the renowned Stanford University . Here he also met June Scowcroft Swaner , whom he married on November 26, 1943. They stayed together until June's death in December 2000.

After the death of his father, Charles Gates jun. 1961 President of The Gates Rubber Company . The father bought the Colorado Tire & Leather Company for US $ 3,500 in 1911 and renamed The Gates Rubber Company in 1919 . It became the world's largest manufacturer of rubber products , including V-belts for the automotive industry . Gates jun. later converted the company to the Gates Corporation . The family business, not traded on the stock exchange, grew and employs over 14,000 people. In 1996 Gates jun. sold the company to the British company Tomkins for $ 1.1 billion .

Charles C. Gates Jr. after the sale was mainly involved in the Gates Family Foundation, founded in 1946 and based in Denver. It became one of the largest not-for-profit private foundations in the United States, donating over $ 147 million by 2005. Gates jun. has served in many organizations such as the Colorado Outward Bound School , The Nature Conservancy , the Denver Art Museum Foundation, and the Graland Country Day School Foundation . He maintained contacts with the business community such as the Federal Reserve Bank of Kansas City , Broken Hill Proprietary , Tejas Gas Corporation and the Conference Board to find contacts for his social projects.

Gates jun. was a nature lover, went hunting and fishing trips around the world and was an avid airplane and helicopter pilot.

The Forbes Magazine in 2004 gave to the private assets Gates' with 1.3 billion US $ and led him as the 215th on the Forbes 400 list.

Charles Gates Jr. died at his Denver home at the age of 84, leaving two children.

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