Dr. Armand Hammer Quotes

A collection of quotes by Dr. Armand Hammer.

Dr. Armand Hammer (1898-1990) was an American businessman, philanthropist, and art collector. He was born on May 21, 1898, in New York City, United States. Hammer's father, Julius Hammer, was a successful businessman and doctor, and his mother, Rose Luria, was a leader in the American Jewish community.

Armand Hammer pursued higher education at Columbia University and graduated with a degree in medicine in 1921. However, he decided not to practice medicine and instead focused on his entrepreneurial ventures. In 1925, he joined his father's pharmaceutical company, Allied Drug and Chemical Corporation, and eventually transformed it into Occidental Petroleum Corporation, a multinational oil conglomerate.

Throughout his career, Hammer made significant contributions to the oil and gas industry, particularly through his extensive business dealings with the Soviet Union. He became one of the first American businessmen to establish strong ties with the Soviet leadership and heavily invested in the country during the 1920s and 1930s.

Apart from his business endeavors, Dr. Armand Hammer was also known for his philanthropic efforts. He dedicated himself to various causes, including scientific research, healthcare, and the arts. Hammer established the Armand Hammer Foundation and supported multiple educational and cultural institutions. He amassed an impressive art collection, which he displayed in the Hammer Museum in Los Angeles, California.

Dr. Armand Hammer passed away on December 10, 1990, in Los Angeles, leaving behind a legacy as both a successful businessman and a committed philanthropist.