Among his other investments, the Allen brothers' company held an eighty percent share position in Ogden Corporation as well as a substantial holding in pharmaceutical manufacturer, Syntex Corporation.
He also controlled the Irvine Ranch in California, which was converted into a substantial real estate development company.
[3] He was a major benefactor to Columbia-Presbyterian Medical Center, which named a community hospital in honor of the family.
[1] Herbert Allen became a major participant in Thoroughbred horse racing.
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