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H. Wayne Huizenga
built 216 days ago
Led by H. Wayne Huizenga, the billionaire who has already made two fortunes, Republic is in the middle of an extraordinary buying and building binge. The company is following much the same formula that Mr. Huizenga pursued in consolidating first the garbage hauling business as the head of Waste Management Inc. and then the video rental business through the Blockbuster Entertainment Corporation, which he sold to Viacom in 1994 for more than $7 billion.
In March 1990, H. Wayne Huizenga, who was then Chairman of the Board and CEO of Blockbuster Video and Huizenga Holdings Inc., decided to purchase one half of Joe Robbie Stadium. Huizenga began a campaign of his own; one that would bring Major League Baseball to Miami. In July 1991, his efforts paid off when South Florida received a National League expansion franchise. In 1994, Huizenga purchased the remaining part of Joe Robbie Stadium, which left him with complete ownership. Since then, millions of dollars in renovations and improvements have been made in order to keep the stadium one of the nicest facilities in America.
Arrizurieta is a registered lobbyist for H. Wayne Huizenga’s AutoNation, Miami Dolphins and Decoma, Ltd. Two Florida House members complained in ’97 that Arrizurieta threatened them after they opposed a $60 million tax break for Huizenga. One member said Arrizurieta told his office that they could stop calling him for favors. Another member said Arrizurieta said that Huizenga would finance a candidate to run against him. Arrizurieta’s boss, Huizenga, contributed $15,000 to Bush’s gubernatorial campaigns. Arrizurieta, who used to work for U.S. Senator Connie Mack, told the press that his Pioneer money can be considered Huizenga cash. “We’re all one family,” he said.
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H. Wayne Huizenga is not too proud to admit he comes from trash. The chairman of Blockbuster Entertainment, which operates the world's largest chain of home-video stores, got started in business as a private hauler, collecting garbage from 2 a.m. until noon in Pompano Beach, Florida. After showering and changing clothes, he spent the rest of the day hunting up new customers. The eventual result: Waste Management, now called WMX Technologies, the world's largest garbage company. Using the same grit and gumption, Huizenga parlayed 19 Blockbuster stores into a 3,200-store empire. "Huizenga is one of the world's great salesmen," says Roy Akers, who follows the entertainment industry for the investment firm Advest Inc. in Boca Raton.
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Miami Dolphins owner H. Wayne Huizenga, in addition to other investors, has been approved by the Arena Football League's Board of Directors to purchase the AFL's South Florida franchise, it was announced today by the AFL. The other investors in the group include former Dolphins quarterback Dan Marino and Dolphins Head Coach Dave Wannstedt. Thirty percent of the team will be owned by a Florida Panthers investment group.
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H. Wayne Huizenga School of Business Community Leaders Fellow Hall of Fame members Rick Case, Thomas J. Miller, Terry W. Stiles, and H. Wayne Huizenga, presented the honorees with their awards. Celebrating its 18th year, the Entrepreneur Hall of Fame honors the achievements of outstanding businesspeople. The selection committee for this prestigious honor is comprised of current Hall of Fame members.
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