The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 August 1950Vol. XXI, No. 1

A Millionaire

p. 8 · Read in the full issue

E. G. Theodore Was Half

THE estate of the late Mr. E. G.

Theodore, head of the Emperor- Loloma gold companies, in Fiji, has been probated at £528,018. Australian death duties will take away £230,000 of this. The balance is mostly divided among members of his family. He made some special bequests, including £2,000 to his secretary, Miss A. M. Raine; £2,000 to Miss Cynthia Sutherland, of Suva; £3OO to Mrs. Isabelle Corry, of Suva; and £3OO to Miss Nellie Stuart, his housekeeper.

The son of Rumanian parents, he began life in Australia as an unskilled labourer; achieved fame before he was 40 as “Red Ted,” the Socialist Premier of Queens land; was Federal Treasurer and very nearly Prime Minister; and ended his life, at 65. as a great industrialist and one of the shrewdest politico-economists of his day.