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i -.* - ee ee - . 's 9 Office Memorandum + onvrep stares G@ERNMENT TO ‘Mr, ska co DATE: me December 2, 1954 Belmont CORT: AP TICL Free wasaztns. re DECEMBER, 1954, 0 . _ Ur ARISTOTLE S0CRATESAQNASSIS 1-7 4 cel ye As requested by you there ¢# submttted é Vsotew of an article about Artetotle Socrates Onassis entitled "Thy Man ‘Tho Bought the Bank at Monte Carlo” which appeared in the December, 4954, teaue of "True” magazine. The article wos written by _ MasweTpfHontTton. | : _ _ The article relates the activities of Onassis known as "The Mystery Man of Greek Shipping.” He owns ao whaling fleet of nineteen vessels, including a helicopter. The fleet costs 85,000 a day to operate. Onaasts te described as forty-etght years of age, citigen of Greece and of Argentina, owner of about one hundred cargo ships, whalers and tankers, head of or holder of controlling interests in thirty-odd corporations located in many different countries. He owna manstons tn Parts, Buenos Atres, Montevideo, Freneh Riviera and Wew York, although he resides in the United a me fFuaegqgrmucsd ore CiéG Wise tw States lese than two months a year. at the ena hy the war. Ppecultar/cou t s such as Costa Rica, Panama, Honduras, Liberia and Saudi drabiac. Hise reason for doing this ta "business sense," since these countries are not greedy about tares and have no lofty tdeas about high wages for the ships' crews. According to the article, his detractors held that the peal reason Ona sei f, ag tae mL LH fae = if afoot ae ju i Ym 7 = =a us Onassis bought the world-famous gambling casino at mi Monte Carle tn 1952 for one militon dollars after the directors OH ds refused to rent him office space. as 3 The article relates that Onassis ts rumored to have = aN \Ycleaned up financtally during World War II by turning over his fV SES) Nig worn-out ehtps to the Allies, collecting the insurance each ‘. A” PE cawS time one of his ships wae sunk and by managing to have his best i. & vessels tnterned in neutral ports so that they were available =-5 Onaastsa has his ships regtatered from 35 <t = Fe) DATE - 2) BEGuneil * C Attachments | FF ~ a (thw ALL - 43 JPL 31 }p.4 _ A fC, 15 1034