Ueberroth Peter Horoscope

U P

Ueberroth Peter

Sep 2, 1937

Rating : AA (Data from a birth certificate)

Cancer
Moon Sign

Leo
Sun Sign

Scorpio
Lagan

Events

Relationship : Marriage September 1959 (To college sweetheart) chart Placidus Equal_H.

Work : Begin Major Project 1 April 1979 (L.A. Olympic Committee) chart Placidus Equal_H.

Biography

American entrepreneur and multimillionaire who, in 1963, opened First Travel Corporation with one employee and $5000. By 1977, he owned the second largest travel company in the U.S. that was taking in revenues of over $300 million annually. He was not publicly known, though, until he became the President of the Los Angeles Olympic Organization Committee, a post which he took over on 4/01/1979, and which was followed by his role as Commissioner of Baseball. As an avid sportsman, he has broken his nose five times in water polo. Ueberroth earned his BA in business in 1959 and moved to Hawaii to work with nonscheduled airlines. When in Hawaii, he started his own air shuttle, D962, but went bankrupt. Following his failed air bus venture he started First Travel. In 1989 he bought strike-bound and bankrupt Eastern Air Lines for $464 million, aiming to get their fleet back into business swiftly. The ownership of the restructured airline was divided among Ueberroth and his investors, who get 30% of the carrier, Eastern employees, 30% and other new stockholders, 40%. His core group of investors put up nearly $200 million in cash. He married his college sweetheart in September 1959 and they have had four kids. His family life is important to him and takes a priority in his busy schedule. Still an avid sportsman, he enjoys golf, skin diving, body surfing, tennis, and spear fishing. His family maintain homes in Laguna Beach, CA and in New York City. Link to Wikipedia biography Read less

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Update at: Jul 10, 2025

`` Peter Ueberroth

Peter Ueberroth

Born: September 2, 1937, Chicago, Illinois, USA

Overview

Peter Ueberroth is a prominent American businessman best known for his role as the organizer of the highly successful 1984 Summer Olympics in Los Angeles. His innovative approach, emphasizing private financing and sponsorship, turned the Games into a profitable venture and set a new precedent for future Olympic events. Beyond the Olympics, Ueberroth has held various leadership positions, including Commissioner of Major League Baseball and chairman of the United States Olympic Committee.

Business Career

Ueberroth began his career at Trans International Airlines, rising to become president at a young age. He later founded First Travel Corporation, a successful travel business, which he eventually sold to the Carlson Companies. His business acumen and leadership skills were evident in his handling of the 1984 Olympics, where he transformed a potentially financially disastrous event into a resounding triumph. He subsequently served as Commissioner of Major League Baseball from 1984 to 1989, addressing significant challenges like player salaries and drug use.

1984 Los Angeles Olympics

Ueberroth's leadership as president of the Los Angeles Olympic Organizing Committee (LAOOC) is widely regarded as a major turning point in the history of the Olympic Games. He secured significant corporate sponsorships, effectively minimizing public expenditure and ultimately generating a substantial profit. This model has influenced subsequent Olympic organizers and has become a standard practice.

Later Career and Activities

After his tenure as baseball commissioner, Ueberroth pursued various endeavors, including philanthropic activities and chairmanship of the Contrarian Group, an investment firm. He also chaired the Rebuild Los Angeles effort after the 1992 riots, showcasing his commitment to civic engagement. He has largely remained out of the public spotlight in recent years.

Social Media and Public Profile

Peter Ueberroth maintains a relatively low online profile. Information about his recent activities and projects is limited. There are no widely known official social media accounts associated with him.