But he had made little corporate headway by age 32, and when he failed to get a transfer to the United States, he left G.E. In the early 1980s the recently divorced Mosbacher was considered the second most eligible man in the world after Prince Rainier -- or so it was said in Texas. This stuff gets harder as you get older, but Norman likes me to look good.'' Her husband, Martin, 46, runs Gruss & Co., a private investment partnership founded by his father, Joseph; the Gruss clan is reportedly worth in excess of $400 million. Her fate is sealed in these four words: She Didn't Keep Up. But as his wife is waking up, the CEO is wanting out. “ I just didn’t have the time.”. The wives of my husband's friends thought I was a threat.'' Says Carolyne Roehm, who spends weeknights out with her husband or entertaining their friends at home: ''Henry and I get our wires crossed all the time.'' They want the fantasy life with a beautiful young thing, and they don't want children messing it up.'' Keeping house and raising the kids seem to earn women fewer points in the great world nowadays, and they may begin to ask what they have sacrificed their own potential careers for. If you've ever wondered why Carolyne Roehm's $2,000 evening gowns don't look the same on your spouse as they do on her, the answer is that she fits every piece of her collection on herself. Laurie Johnson gave her husband's son a diamond and tourmaline ring that Ross had given her on their first Valentine's Day. The mistake the first wife too often makes is allowing her children to become the focus of her life instead of her husband. Within months, Mr. Johnson asked the board to choose between him and Mr. Wilson. My first wife had to make it clear that I had this important job -- it wasn't that I didn't want to be with them. ''We have an office. After Johnson's death in 2017, the Lightning Tree Farm was sold off in pieces by the remaining family members, making these three properties your last chance at owning a piece of this magical farm. Having looked him up at the suggestion of a mutual friend, Georgette pursued him vigorously. I mean, it’s been 20 years! ''I told both Ross's boys that I had rings for them,'' Johnson says. It's axiomatic that first wives shop at Loehmann's and seconds have charge accounts at Neiman Marcus, firsts stay at home with the kids while seconds have nannies, firsts cook their husband's business dinners but seconds have the caterers in. A large portrait of Mr. Johnson hangs behind the desk at which he is seated. The former RJR Nabisco chief’s $15 billion bid to take the company private led to a bidding war with Kohlberg Kravis Roberts & Co. That bidding war ended with Kohlberg Kravis winning RJR Nabisco for $25 billion. Another adds forthrightly, ''I don't see room for children in our life. Spielvogel's second wife, Barbaralee Diamonstein, is an art critic. The auction of RJR Nabisco, a white-hot, debt-fueled competition that Mr. Johnson’s management group lost in October and November 1988, became the biggest corporate takeover to that point. Sometimes the past can teach us a lesson. ''The change has been radical,'' observes Helen Singer Kaplan, 60, a psychiatrist and the second wife of Charles Lazarus, 65, founder and chairman of Toys ''R'' Us. Carolyne Roehm's flourishing dress business has revenues of about $10 million. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. “Easy, there. Says Carolyne Roehm of her three stepchildren: ''I'm here for them if they need my help, but I'm not trying to replace a parent in their lives.'' F. Ross Johnson, right, in 1982, when he was president of Nabisco, with Robert Schaeberle, the company’s chief executive at the time. But Mr. Johnson says he keeps on top of things and is a regular reader of The Wall Street Journal. look like saviors,” a person involved in the process told The New York Times when the dust had settled. Says Audrey Butvay Gruss, ''39 and holding,'' whose Terme di Saturnia cosmetics company grosses nearly $3 million a year: ''My success is not a major financial factor in our marriage.'' F. Ross Johnson, the RJR Nabisco Inc. chief executive officer whose efforts to take the company private in the 1980s led to the then-largest takeover in … Powerful men are beginning to demand trophy wives. He currently works as a President at Ford-mercury I Johnson-sewell. All Rights Reserved.Terms You don’t want to take my arm off,” he says as he shakes hands with a reporter during an opening night at the Maltz Jupiter Theatre. A WarnerMedia Company. Ironically, the company may even benefit: To escape the pain of divorce, unattached executives tend to throw themselves into their work. In the acid words of the angry first wife of a CEO: ''I wish husbands would ask themselves if their young wives would have married them if they were not successful and rich.'' All rights reserved. First wives invariably think their husbands were lured away by hot tomatoes proficient at the kind of sex formerly banned in most states. The Johnsons share their home with the two dachshunds, named Chien Chaud and Saucisse. Ross Johnson stands with Maltz Jupiter Theatre Managing Director Tricia Trimble (left) and Mr. Johnson’s wife, Susan, during a Maltz gala kickoff party held last fall. Mr. Johnson attended the University of Manitoba, where he graduated in 1952 with a bachelor of commerce degree. SERIOUS retirement can be an eye-opener, though. Mansion, See Inside Matthew Perry's $6 Million Cottage, Priscilla Presley Is Selling Home for $16 Million, See Inside John Legend and Chrissy Teigen's Home, Kris Jenner Sold Her LA Home for $15 Million, The Iconic "Golden Girls" House Has Been Sold. “I always had a job. Jackie Kennedy's Massachusetts Estate is For Sale, John Stamos's Calabasas Home is On The Market, Kylie Jenner’s "Starter Home" Is for Sale, Debbie Reynolds’s Ranch Is Listed for $4.2 Million. ''I'm sure a lot of people didn't like me,'' she says. He was entrepreneurial as a child — he rented his comic book collection to friends and at 7 won a bicycle for selling magazine subscriptions — but was indifferent as a student. My mother ended up at University of Manitoba as assistant controller,” he says. Nancy Brinker observes, ''Men want to be entertained. When we had to give up traveling by private plane and join the rest of humanity in airports, I was spoiled to the point that I don't like to travel anymore.'' In essence, a second wife takes charge of her husband's life after five o'clock, for unlike their hardworking subordinates, men worth millions often don't have much to do after five. and/or its affiliates. As their husbands rise in the corporation, first wives may become convinced that power is corrupting the presumably wholesome lads they married. J.”. Then, when the manager was getting his divorce and needed to show up in court, he found himself telling his office that he had dental appointments. Twenty years ago, F. Ross Johnson was a household name. Perhaps -- most second wives sign them. Even for him. The second wife certifies her husband's status and, if possible given the material she has to work with, dispels the notion that men peak sexually at age 18. But they neglected their emotional growth. 1. Now that RJR deal is in the history books, and Mr. Johnson is enjoying his retirement in Jupiter. The thrice- married, Indiana-born Georgette, tagged the Happy Hoosier by the Washington Post, reportedly crashed an exclusive Washington brunch preceding the annual Kennedy Center Honors Gala last December. Mr. Johnson promptly transformed Standard Brands management, lavishing on his executives industry-topping salaries, country-club memberships, apartments and a private box at Madison Square Garden. But even as the second wife gives her husband pride of place, she maintains an independence that eluded many first wives. The crisis prompted the onetime accountant to engage in some financial sleight-of-hand and to introduce products, including the Reggie! Not anymore. Carolyne Roehm showed her spouse the treasures of India for nearly two weeks last spring in the company of her friends Oscar de la Renta, the dress designer, and Annette Reed, the daughter of Charles Engelhard, founder of Engelhard Minerals & Chemicals. “Some angel was looking out after me.” ¦¦, Your email address will not be published. Both proved ill-fated. “They don’t have a strategic plan or don’t know what it is.”. Most executives report that they have become better, more thoughtful managers because their marital problems made them conscious of the personal lives of their employees.

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