John D. MacArthur
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John Donald MacArthur (March 6, 1897 – January 6, 1978) was an American insurance magnate, real estate investor and philanthropist who established the John D. and Catherine T. MacArthur Foundation, benefactor in the
MacArthur Fellowship The MacArthur Fellows Program, also known as the MacArthur Fellowship and commonly but unofficially known as the "Genius Grant", is a prize awarded annually by the MacArthur Foundation, John D. and Catherine T. MacArthur Foundation typically to ...
s.


Early life

John Donald MacArthur was born on March 6, 1897 in
Pittston, Pennsylvania Pittston is a city in Luzerne County, Pennsylvania, United States. It is situated between Scranton, Pennsylvania, Scranton and Wilkes-Barre, Pennsylvania, Wilkes-Barre in Northeastern Pennsylvania. The city gained prominence in the late 19th an ...
, as the seventh child to Georginna and Reverend William Telfer MacArthur.McGoun, William E., Southeast Florida Pioneers: The Palm and Treasure Coasts, 1998, Sarasota: Pineapple Press, p. 167 He moved from Pittston to
Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...
,
Illinois Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolita ...
at the age of five. He and his many siblings grew up in poverty, the children of an itinerant
Baptist Baptists form a major branch of Protestantism distinguished by baptizing professing Christian believers only (believer's baptism), and doing so by complete immersion. Baptist churches also generally subscribe to the doctrines of soul compete ...
preacher and his resourceful wife. His father went through many evangelical trainings, moving his family all around the country, from Chicago to
Nyack, New York Nyack () is a Village (New York), village located primarily in the Town (New York), town of Orangetown, New York, Orangetown in Rockland County, New York, Rockland County, New York (state), New York, United States. Incorporated in 1872, it retai ...
to
Springfield, Massachusetts Springfield is a city in the Commonwealth of Massachusetts, United States, and the seat of Hampden County. Springfield sits on the eastern bank of the Connecticut River near its confluence with three rivers: the western Westfield River, the ...
. His sister-in-law was the actress
Helen Hayes Helen Hayes MacArthur ( Brown; October 10, 1900 – March 17, 1993) was an American actress whose career spanned 80 years. She eventually received the nickname "First Lady of American Theatre" and was the second person and first woman to have w ...
. His brother, American playwright and
Academy Award The Academy Awards, better known as the Oscars, are awards for artistic and technical merit for the American and international film industry. The awards are regarded by many as the most prestigious, significant awards in the entertainment ind ...
winning screenwriter
Charles MacArthur Charles Gordon MacArthur (November 5, 1895 – April 21, 1956) was an American playwright, screenwriter and 1935 winner of the Academy Award for Best Story. Life and career MacArthur was born in Scranton, Pennsylvania, the sixth of seven chil ...
, co-authored the play ''
The Front Page ''The Front Page'' is a Broadway comedy about newspaper reporters on the police beat. Written by former Chicago reporters Ben Hecht and Charles MacArthur, it was first produced in 1928 and has been adapted for the cinema several times. Plot The ...
''. John MacArthur dropped out of school after eighth grade and became a salesman.


Career


World War I

MacArthur joined the
U.S. Navy The United States Navy (USN) is the maritime service branch of the United States Armed Forces and one of the eight uniformed services of the United States. It is the largest and most powerful navy in the world, with the estimated tonnage of ...
and then the
Royal Canadian Air Force The Royal Canadian Air Force (RCAF; french: Aviation royale canadienne, ARC) is the air and space force of Canada. Its role is to "provide the Canadian Forces with relevant, responsive and effective airpower". The RCAF is one of three environm ...
during
World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fightin ...
. He was medically discharged from service.


Insurance career

MacArthur made his fortune in the mail-order insurance business. He acquired the
Bankers Life and Casualty Company Bankers Life is the primary subsidiary of CNO Financial Group, Inc. (itself formerly Conseco, Inc until 2010). The company was established in 1879 in Chicago, Illinois. CNO is a Fortune 1000 company (rank of 548 in 2015) whose subsidiaries provide ...
, an insurance company defeated by the
Great Depression The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagio ...
, in 1935 after borrowing $2,500, then went on to build a business empire by acquiring many small insurance corporations. In the 1950s he signed famed broadcaster
Paul Harvey Paul Harvey Aurandt (September 4, 1918 – February 28, 2009) was an American radio broadcaster for ABC News Radio. He broadcast ''News and Comment'' on mornings and mid-days on weekdays and at noon on Saturdays and also his famous ''The Rest o ...
as his company's
radio Radio is the technology of signaling and communicating using radio waves. Radio waves are electromagnetic waves of frequency between 30 hertz (Hz) and 300 gigahertz (GHz). They are generated by an electronic device called a transmit ...
spokesperson.


Real estate investments in Florida

MacArthur also increased his vast fortune by heavily and lucratively investing in Florida real estate. By the time of his death, he owned 100,000 acres of real estate in Florida. In 1954 for $5.5 million MacArthur bought of land in northern
Palm Beach County Palm Beach County is a county located in the southeastern part of Florida and lies directly north of Broward County and Miami-Dade County. The county had a population of 1,492,191 as of the 2020 census, making it the third-most populous county ...
originally owned by Harry Seymor Kelsey and later by Sir
Harry Oakes Sir Harry Oakes, 1st Baronet (23 December 1874 – 7 July 1943) was a British gold mine owner, entrepreneur, investor and philanthropist. He earned his fortune in Canada and moved to the Bahamas in the 1930s for tax purposes. Though American by b ...
. It included most of today's Lake Park,
North Palm Beach North Palm Beach is an incorporated village in Palm Beach County, Florida, United States. It is part of the Miami Metropolitan Area. The population was 13,162 at the 2020 census. The village won an award from the National Association of Home Bui ...
,
Palm Beach Gardens Palm Beach Gardens is a city in Palm Beach County, Florida, Palm Beach County in the U.S. state of Florida, 77 miles north of downtown Miami. , the population was 59,182. Palm Beach Gardens is a principal city of the Miami metropolitan area, whic ...
and Palm Beach Shores. For many years, MacArthur conducted his business affairs from a corner table in the Colonnades Beach Hotel coffee shop, in Palm Beach Shores, where he and his wife lived in an apartment above the bar, overlooking the Atlantic Ocean and the
Lake Worth Lagoon The Lake Worth Lagoon is a lagoon located in Palm Beach County, Florida. It runs parallel to the coast, and is separated from the Atlantic Ocean by barrier beaches, including Palm Beach Island. The lagoon is connected to the Atlantic Ocean by tw ...
.Lowery, Fred
"Celebrity Days Remembered As Colonnades Hotel Is Razed"
''
South Florida Sun-Sentinel The ''Sun Sentinel'' (also known as the ''South Florida Sun Sentinel'', known until 2008 as the ''Sun-Sentinel'', and stylized on its masthead as ''SunSentinel'') is the main daily newspaper of Fort Lauderdale, Florida, as well as surrounding Br ...
'', February 17, 1990


Personal life

MacArthur first married the former Louise Ingalls and had two children: a son, U.S. businessman and philanthropist
J. Roderick MacArthur John Roderick MacArthur (December 21, 1920 – December 15, 1984) was a U.S. businessman and philanthropist in Chicago. The J. Roderick MacArthur Foundation, a philanthropic organization supporting civil rights in the United States, was establishe ...
(1920–1984); and a daughter, Virginia MacArthur. The couple divorced in 1937. In 1938 MacArthur married his secretary
Catherine T. MacArthur Catherine Terese MacArthur (née Hyland; November 23, 1908 – December 15, 1981) was an American philanthropist. With the estate of her husband, businessman and philanthropist John D. MacArthur, she co-founded the MacArthur Foundation, one of ...
(née Hyland), who for decades intimately involved herself in the management of his companies, and after whom his charitable foundation is co-named.
John R. MacArthur John Rick MacArthur (born June 4, 1956) is an American journalist and author of books about US politics. He is the president and publisher of '' Harper's Magazine''. Biography MacArthur is the son of J. Roderick MacArthur and French-born Chris ...
, the president of ''
Harper's Magazine ''Harper's Magazine'' is a monthly magazine of literature, politics, culture, finance, and the arts. Launched in New York City in June 1850, it is the oldest continuously published monthly magazine in the U.S. (''Scientific American'' is older, b ...
'' and son of J. Roderick MacArthur, is a grandson of John D. MacArthur.


Death

On January 6, 1978, he died of
pancreatic cancer Pancreatic cancer arises when cell (biology), cells in the pancreas, a glandular organ behind the stomach, begin to multiply out of control and form a Neoplasm, mass. These cancerous cells have the malignant, ability to invade other parts of t ...
at
Good Samaritan Hospital Good Samaritan Hospital or Good Samaritan Medical Center may refer to: India *Good Samaritan Hospital (Panamattom), Koprakalam, Panamattom, Kerala *Good Samaritan Centre, Mutholath Nagar, Cherpunkal, Kottyam, Kerala United States *Banner - Univer ...
in
West Palm Beach, Florida West Palm Beach is a city in and the county seat of Palm Beach County, Florida, United States. It is located immediately to the west of the adjacent Palm Beach, which is situated on a barrier island across the Lake Worth Lagoon. The populati ...
.


Legacy


John D. MacArthur Beach State Park

John D. MacArthur Beach State Park John D. MacArthur Beach State Park, named for John D. MacArthur whose Foundation donated a portion of the land for its construction in the 1970s, is located on and just north of Singer Island, Florida in North Palm Beach, Florida. The park was fi ...
in
North Palm Beach, Florida North Palm Beach is an incorporated village in Palm Beach County, Florida, United States. It is part of the Miami Metropolitan Area. The population was 13,162 at the 2020 census. The village won an award from the National Association of Home Buil ...
opened to the public in 1989.


John D. and Catherine T. MacArthur Foundation

John D. and Catherine T. MacArthur Foundation is one of the largest (when ranked by asset value)
private foundation A private foundation is a tax-exempt organization not relying on broad public support and generally claiming to serve humanitarian purposes. The Bill & Melinda Gates Foundation is the largest private foundation in the U.S. with over $38 billion ...
s in the United States.


Awards and honors

In 1977, MacArthur received the Golden Plate Award of the
American Academy of Achievement The American Academy of Achievement, colloquially known as the Academy of Achievement, is a non-profit educational organization that recognizes some of the highest achieving individuals in diverse fields and gives them the opportunity to meet o ...
. The award was presented to him by Awards Council member
Helen Hayes Helen Hayes MacArthur ( Brown; October 10, 1900 – March 17, 1993) was an American actress whose career spanned 80 years. She eventually received the nickname "First Lady of American Theatre" and was the second person and first woman to have w ...
.


See also

*
John D. MacArthur Beach State Park John D. MacArthur Beach State Park, named for John D. MacArthur whose Foundation donated a portion of the land for its construction in the 1970s, is located on and just north of Singer Island, Florida in North Palm Beach, Florida. The park was fi ...


References


Further reading

* Biography of John MacArthur. * Kosar, Kevin R
"The Reluctant Philanthropist: John D. MacArthur"
''The American'', February 13, 2008. * Biography of John MacArthur: Empire builder, reluctant philanthropist, relentless adversary. * McGoun, William E., ''Southeast Florida Pioneers: The Palm and Treasure Coasts'', 1998, Sarasota: Pineapple Press, chapter 27. Compares the lives of MacArthur and
Arthur Vining Davis Arthur Vining Davis (May 30, 1867 – November 17, 1962) was an American industrialist and philanthropist, for many years president, chairman and largest stockholder of the aluminum producer Alcoa. Early history Arthur Vining Davis was born in ...
, another heavy investor in Florida real estate.


External links


MacArthur Foundation website

Bankers Life website

History of Bankers Life
{{DEFAULTSORT:Macarthur, John D. 1897 births 1978 deaths 20th-century American businesspeople 20th-century Baptists 20th-century American philanthropists American businesspeople in insurance Baptists from Florida Baptists from Illinois Baptists from Pennsylvania Businesspeople from Chicago People from Palm Beach County, Florida People from Pittston, Pennsylvania Philanthropists from Illinois United States Navy personnel of World War I Royal Canadian Air Force personnel