Salt Lake City, Feb 3 (AP) Utah billionaire and philanthropist Jon Huntsman Sr., who overcame poverty to become one of the state’s most successful and powerful people, died today at age 80.Also Read - Covid19: Singapore Reopens For Travellers From 11 Countries - Is India Included?
Huntsman’s longtime assistant Pam Bailey said he died in Salt Lake City but she declined to name a cause of death. Also Read - Bengaluru Figures at 8th Position in Global List of Leading Tech Innovation Hubs
Huntsman was the founder and longtime executive chairman of Huntsman Corp., a USD 13 billion company that refines raw materials that go into thousands of products. Also Read - International Flights: Air India Express Opens Booking For Flights to Singapore From These Indian Cities | Full List Here
He was also the father of Jon Huntsman Jr., the US ambassador to Russia and former Utah governor, presidential candidate and ambassador to China and Singapore.
The elder Huntsman and his family have given away more than USD 1.4 billion, including donations to a Salt Lake City cancer institute that bears his name.
“Cancer is hideous and deplorable and must be conquered, and it will be, as any evil eventually is defeated,” Huntsman wrote in his 2014 autobiography. He said he would see to it that the institute continues its mission “if it takes my last dollar–and I expect that will be the case.” In 1970, Huntsman founded the Huntsman Container Corp., which focused on food packaging and pioneered the clamshell container used for McDonald’s Corp.’s Big Mac hamburger.
He formed Huntsman Chemical Corp. in 1982 and more than a decade later, consolidated his companies as Huntsman Corp., producing materials used in a wide range of products, from textiles and paints to plastics and aviation components.
Huntsman stepped down from his role in December and his son Peter Huntsman took over as the company’s leader. His father continued to serve on the company’s board of director and was named chairman emeritus.
After amassing his fortune, Huntsman gave USD 10 million the University of Utah in 1992 to establish the Huntsman Cancer Institute, a research center dedicated to finding a cure through human genetics.
Two years later, he gave USD 100 million to the institute, at the time the largest ever financial contribution to medical research.
Huntsman, who lost both his parents to cancer and fought his own battle with the disease, said he wanted the institute to help make Utah the cancer research capital of the world.
He also wielded his power as a billionaire benefactor to the center.
After the cancer institute’s director and CEO was fired in April 2017, Huntsman mounted a public campaign criticizing leaders of the university and took out full-age newspaper advertisements calling the officials “inept and uncaring.” The director and CEO was reinstated a week after her firing and the school’s health care leader and president stepped down.
The billionaire and his family also gave generously to Utah’s homeless shelters as well as more than USD 50 million to the Armenian people after a 1988 earthquake in that country left thousands homeless.
He also played key roles in state and national politics.
Huntsman was a special assistant to President Richard Nixon in 1971-72 and briefly ran his own 1988 campaign for Utah’s governor.
Huntsman later served as a finance chairman for Mitt Romney’s 2008 presidential bid and in 2012, worked for his son’s presidential bid, giving more than USD 1.8 billion to a super PAC supporting the younger Huntsman.
Following his son’s short-lived race for the Republican nomination, Huntsman kept a toehold in Utah current affairs, occasionally offering political commentary to Utah newspapers and even expressing an interest in purchasing The Salt Lake Tribune.
His son Paul Huntsman purchased the newspaper in 2016 and brought his father on as the will serve in a role at the newspaper as chairman emeritus.
In the 1980s, Huntsman explored purchasing the Tribune’s competitor, the Mormon-church owned Deseret News. He met with high-level leaders with The Church of Jesus Christ of Latter- day Saints but faith leaders did not want to pursue the offer, Huntsman wrote in his autobiography.
A committed member of the Mormon church, Huntsman served in several high-level leadership positions with the faith and had close friendships with the past five church presidents.
Huntsman said the family was exposed to the dark side of wealth and fame in 1987, when his then-16-year-old son James Huntsman was kidnapped at knifepoint from his driveway.
The teenager was forced to call his father to arrange payment of USD 1 million ransom when police and FBI agents moved in to rescue him.
Huntsman was born in 1937 in Blackfoot, Idaho and later moved to California, where he met his wife Karen while in junior high there.
The couple later moved to Salt Lake City in the 1970s where they raised nine children, many of whom became involved in the family business.
Huntsman is survived by his wife and eight children. One daughter Kathleen Ann Huntsman died in 2010 at age 44 after struggling for years with an eating disorder.
Baily had no immediate details on funeral plans. (AP) CHT
This is published unedited from the PTI feed.