His great uncle Lewis Ginter and father also named George Arents were founders of the Allen & Ginter Tobacco Company, which later became the American Tobacco Company.
His father died in 1918 leaving an estate of $10 million in which 1/3 went to his son George Arents III.
The bare rim struck a trolley track, overturning the car.
He recovered from the injury, but his driving mechanic died due to this accident.
He left a bulk of his estate for his son, George Arents III.