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- <text id=92TT1972>
- <title>
- Sep. 07, 1992: Died:Daniel Ludwig
- </title>
- <history>
- TIME--The Weekly Newsmagazine--1992
- Sep. 07, 1992 The Agony of Africa
- </history>
- <article>
- <source>Time Magazine</source>
- <hdr>
- MILESTONES, Page 23
- MEGABUCKS
- </hdr><body>
- <p> Not many men have lost a billion dollars and managed to
- remain billionaires. Daniel Ludwig, a Michigan-born high-school
- dropout turned shipping magnate, did just that. He lost a bundle
- in a vast forestry project in the Brazilian Amazon a decade
- ago, and yet when he died at 95 last week in Manhattan he was
- still worth $1 billion or so.
- </p>
-
- </body></article>
- </text>
-
-