Carl Lindner, Jr.

Who was Carl Lindner, Jr.?

Carl Henry Lindner, Jr. was an American businessman from Norwood, Ohio and one of the world's richest people. According to the 2006 issue of Forbes Magazine's 400 list, Lindner was ranked 133 and was worth an estimated $2.3 billion. After dropping out of school at 14 during the Great Depression, he helped to expand his family's dairy business into United Dairy Farmers, a large chain of convenience stores. With his three sons, he controlled roughly 42% of American Financial Group, a holding company based in Cincinnati, Ohio whose primary business is insurance and investments.

Lindner was a part owner and Chief Executive Officer of the Cincinnati Reds until he sold a majority interest to a group led by Robert Castellini on November 2, 2005 and stepped down as CEO. Lindner remained an active partner in the organization after the transaction. In 1997, Lindner was inducted into Junior Achievement's U.S. Business Hall of Fame.