Thursday, July 23, 2015

Buzz, buzz

SETTLING back in his rocking chair, feet spread to feel the heat of the stove, Burt Shavitz liked to reflect that he had everything he needed. A piece of land first: 40 acres of it, fields and woods, on which he could watch hawks and pine martens but not be bothered, with luck, by any human soul. Three golden retrievers for company. A fine wooden house, 20 feet wide by 20 feet deep, once a turkey coop but plenty spacious enough for him. From the upper storey he could see glorious sunsets, fire off his rifle at tin cans hanging in a tree, and in winter piss a fine yellow circle down onto the snow, and no one would care.

As the co-founder of Burt’s Bees, he could have been a multimillionaire. He had once held a third of the cosmetic company’s stock, valued in 2003 at $77m; he had surrendered it a decade earlier for property worth $130,000. In 2007 Clorox, a big corporation famous mostly for bleach, bought Burt’s Bees for a sum just shy of $1 billion. A fortune moulded originally from his honey and his beeswax allowed the other co-founder, Roxanne Quimby, once his lover, to purchase 100,000 acres of Maine to return them to their pristine wildness. His...



from The Economist: Obituary http://ift.tt/1GGR4RO

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