Nethercutt-Richards family

The Nethercutt-Richards family is a prominent American family in the fields of business and cars. The family originated from the Midwestern U.S. in the 19th century and made their fortune primarily from the cosmetics industry in the early 20th century.[1]

Nethercutt-Richards
Family
CountryUnited States
Place of originMidwestern U.S.

Notable members

Cars

The family has over 250 prestigious and exotic vehicles housed mostly at the 10 story-tall Nethercutt Collection complex founded and primarily assembled by J.B. Nethercutt in 1971. It has been widely described as one of the most valuable and greatest collections in the world.[2] The car collection notably contains the famous Bugatti Dubos and the Twenty Grand Duesenberg.[2] Several cars were used as the lead car carrying the Grand Marshal of the Rose Parade.[3]

J.B. Nethercutt holds the most Best of Show titles at the Pebble Beach Concours d'Elegance with 6 victories and the collection holds the most Concours d'Elegance awards worldwide.[4] Jack Nethercutt II raced professionally from the 1950s to 1960s, most notably in the World Sportscar Championship series and achieved a podium at the 12 Hours of Sebring.[5]

Business

Merle Norman founded Merle Norman Cosmetics in 1931 by opening her first studio in Santa Monica, California. The company expanded to a retail chain and encompassed dozens of studio outlets across the contiguous United States, most of which were owned by women. The company further expanded to thousands of outlets throughout North America, Europe, and Asia becoming a centi-million dollar operation.[6] In 1969, the company went public on the American Stock Exchange and sold 400,000 shares at $25. In 1974, the family bought back all the public stock and the company reverted to being privately held.[7]

They owned a chemistry laboratory in the 1970s and a luxury restaurant near the Las Vegas Strip in the 1980-90s.[8]

Philanthropy

The family has donated several million to charities, medical institutions, veterans, and churches.[9] In 1985 J.B. Nethercutt donated $1 million to the town of Kenora, Canada for a new emergency department.[10] In 1986, the family donated several million which led to the construction of the six-story Merle Norman Pavilion at the UCLA Medical Center, Santa Monica. In 2007 the Nethercutt Emergency Center was opened at the hospital.[11] Helen Richards-Nethercutt has funded several autism charities, including the Exceptional Children's Foundation.[12] They have donated several million to the University of Southern California, including for Merle Norman Stadium.[13]

Historic estates

References

  1. "Most Influential Family Owned Businesses 2019: Merle Norman Cosmetics". Los Angeles Business Journal. October 28, 2019. Retrieved September 1, 2020.
  2. "Beauty on Wheels : Merle Norman Collection Contains Classic Cars and Unusual Musical Instruments". Los Angeles Times. January 17, 1992. Retrieved September 1, 2020.
  3. "A Visual Tour of the Incredible Nethercutt Museum Collection". March 19, 2019.
  4. "Classic Car Week: Return of a champion". Monterey Herald. August 13, 2015. Retrieved February 11, 2021.
  5. "All Results of Jack Nethercutt". Racing Sport Cars.
  6. "Makeup Chain Seeks Wider Awareness". The New York Times. March 31, 1981. ISSN 0362-4331. Retrieved April 9, 2020.
  7. "Going Private" (PDF). yale.edu. 1975. Retrieved April 26, 2023.
  8. correspondentdyohnka@daily-journal.com815-937-3384, Dennis YohnkaThe Daily Journal (July 4, 2009). "Former Buckingham resident, autistic son relish life out West". The Daily Journal. Retrieved September 2, 2020.
  9. "HISTORY'S MYSTERIES: Who was Merle Nethercutt and what happened to her?". Newsbug.info. November 7, 2018. Retrieved September 1, 2020.
  10. "Kenora Health Case Sector Profile" (PDF). 1985: 9. {{cite journal}}: Cite journal requires |journal= (help)
  11. "Addition to Hospital Will Be Dedicated". Los Angeles Times. September 14, 1986. Retrieved July 22, 2020.
  12. Yohnka, Dennis (July 4, 2009). "Helen Nethercutt fights for autistic son". The Daily Journal. Retrieved September 1, 2020.
  13. "Helen Nethercutt by USC Women of Troy". Exposure. Retrieved September 1, 2020.
  14. Beale, Lauren (November 11, 2015). "Home built for cosmetics magnate Merle Norman is for sale in Santa Monica". Los Angeles Times. Retrieved July 22, 2020.
  15. Star, Dale Quinn Arizona Daily (June 2010). "Ranch house with a story discovers niche as a B&B". Arizona Daily Star. Retrieved October 9, 2021.
  16. Fish, Tom (September 19, 2021). "The 30 largest homes in America". Newsweek. Retrieved February 19, 2022.
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