The Singlton Family estate is on the market for 85,000,000 $.
Henry Singleton, longtime chief executive of Teledyne Inc.,
a company with huge impact on the science and military industries. Teledyne was to create semiconductors, a product that his previous employer, Litton Industries refused to produce, even at Singleton's behest. After only a few years in operation, Singleton began acquiring other companies in the field, allowing Teledyne to have sales of $10.5 million in 1962, just two years after the firm's creation. Singleton's penchant for acquisitions led Teledyne to become a $3 billion conglomerate in 1981, with major interests in almost every field of electronics.
Today the estate is owend by Caroline Singleton.
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