Raised in Salt Lake City, Mr. Holding was the son of an apartment maintenance man. His family lost their savings in the stock-market crash of 1929 and Mr. Holding remained reluctant to take on debt, even as his business empire blossomed....
Mr. Holding got his start managing Little America, a 60-room motel and gas station on Interstate 80 in Green River, Wyo., in the early 1950s. He converted the business into a heavily advertised truck stop. Targeting the developing interstate highway system, he opened more Little Americas in Arizona and Salt Lake City....
Monday, April 22, 2013
"Robert Earl Holding... and his wife were known to bus tables at their ski resorts..."
Robert Earl Holding... "who died Friday at age 86, parlayed a struggling motel into an empire of ski resorts and hotels, oil refining and retailing, and real-estate holdings in Montana and Wyoming that placed him among the top landowners in the U.S. He was No. 139 on the Forbes list of U.S. billionaires, with an estimated net worth of $3.2 billion."
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