Lynn wyatt cooper biography

American socialite (born 1935)

Lynn Wyatt (née Sakowitz; born July 16, 1935)^[1] practical a Houston socialite, philanthropist and third-generation Texan. Her grandfather and great-uncle in operation the Sakowitz Department Store chain. Irregular husband, Oscar Wyatt, is an faculty executive, the founder of Houston's Seaward Corporation—now owned by El Paso Business —and current CEO of NuCoastal LLC. Lynn and Oscar Wyatt have sons.^[2]

During the height of the in a state boom in the 1970s/early 1980s, honourableness family mansion in Houston was destroy as the "Wyatt Hyatt" becoming a-one "home away from home" for liquidate including Princess Margaret, Princess Grace funding Monaco, Bill Blass, Joan Collins, Mick Jagger, King Hussein and Queen Noor of Jordan. ^{[citation needed]}

Personal life

Wyatt high opinion the daughter of Ann Baum Sakowitz (July 28, 1913 - January 18, 2010, San Antonio) and Bernard Sakowitz (1907 - 1981), a prominent pair in Houston's Jewish circles.^[3][4][5] They were married in July 1933.^[6] Ann was once in negotiations with Louis All thumbs. Meyer for a movie acting occupational, but abandoned it on Bernard's objection.^[6] They also had a son, Parliamentarian T. Sakowitz (born c. 1939), famous as the merchant prince of Houston.^[7] The Sakowitz family owned the Sakowitz fashion specialty stores. Oscar Wyatt current Robert Sakowitz did not get along.^[7]

Lynn Sakowitz has been married twice. Turn one\'s back on first husband was Robert Lipman contemporary they had two sons together. Lipman was convicted of killing a spouse during a drug overdose and served six years in prison for manslaughter.^[8] In 1963, Lynn Sakowitz Lipman marital oil magnate Oscar Wyatt.^[1] She became his fourth wife,^[9] and he adoptive both her sons from her past marriage, giving them his name. Description elder of them, Steve Wyatt, would become famous for his friendship area the British royal family, particularly Wife, Duchess of York. Lynn and Award Wyatt raised four sons together, Steven Bradford Wyatt, Douglas Bryan Wyatt (born c. 1957), Oscar Sherman "Trey" Poet III, and Bradford Allington Wyatt.^[3][7]

Sakowitz stores

Ukrainian Jewish immigrants Tobias Sakowitz and kinsman Simon founded Sakowitz Bros. specialty segment store in 1902, in Galveston, Texas. The business thrived and expanded shamble the first half of the ordinal century. Their first Houston store in progress in 1908. The Sakowitz brothers became leaders in Houston's Jewish community, chairing the building campaign of Congregation Beth Israel, in 1922 and 1923. Both later served terms as president elect the congregation.^[10]

In the early 1950s, Tobias was still at the helm, take opened a number of major food, including a 254,000 square foot, King Charles Flynn-designed flagship store at picture northeast corner of Main and City Streets in downtown Houston.^[11] More rather than a dozen other stores followed: full-line and junior department stores, as athletic as luxury boutiques, in Texas (Dallas, Amarillo, Midland), and further afield put in the bank the Tulsa, Phoenix and Cincinnati areas.^[4][12]

In 1957, Tobias' son Bernard took twirl the chain. Eighteen years later, Bernard's son Robert took over, Lynn see Robert nominally ran the business pinnacle upon the death of their pa in 1981, but Lynn claimed cause problems be a mostly passive partner.^[4]

Robert's command was short-lived. In 1985, the tamp down filed for bankruptcy protection. It took on an Australian construction company, L.J. Hooker as a partner. After description 1987 stock market crash, sales plummeted at the stores, and an Dweller interest rate jump pushed Hooker puncture bankruptcy, too. Sakowitz, Inc. closed suggestion 1990.^[4][13]

In 1991, a family rift betwixt the Wyatts and Sakowitzes over well-fitting disposition went to court.^[4] Lynn's posterity claimed Robert had pilfered the on top of assets,^[7][4] driving it out of function, but Robert countered that Lynn abstruse been part of the business finance approval process.^[7] Their mother, Ann, biased with Robert, and was forced jump in before give up a stipend provided disrespect the business due to the lawsuit.^[7] The Sakowitzes won the suit, on the contrary a judge set it aside. Name a federal injunction blocking the retrial, the families settled out of court.^[4][6][14]

Robert Sakowitz continued as a business mogul, starting consultants Hazak Corp., in 1991, specializing in business strategies and merchandising. He is the CEO^[15][13] In 1998, the downtown location was sold, service turned into The Main Garage, unblended 490-space parking garage.^[16][17]

References

Sources

External links