Davis, Shelby Cullom - from United States

ID: 25893
Organization: C1001
Country of meeting: in the year 1978

Businessman and philanthropist from the state of New York. In 1947 he created Shelby Cullom Davis & Company, which became a leading investment firm. He later served as the American Ambassador to Switzerland under Presidents Richard Nixon and Gerald Ford. Originally from Peoria, Illinois Davis' uncle was former Illinois Governor Shelby Moore Cullom.

Shelby joined the staff of District Attorney Thomas E. Dewey as an economist and research assistant. He advised Dewey during his presidential runs in 1940 and 1944 and was later appointed by then-New York Governor Dewey as First Deputy Superintendent of Insurance from 1944 to 1947.

Prior to his government service, Shelby had worked as a European correspondent for CBS Radio in Geneva. In 1941 he became a member of the New York Stock Exchange. 6 years later, with an investment of $100,000 he founded and headed Shelby Cullom Davis & Company, an investment firm, specializing in insurance securities. At the time of his death Shelby served as chairman. His son, Shelby Davis, formed Davis Selected Advisers in 1969 and by the 1980s had made the cut for Forbes Magazine's richest 400 Americans.


Activities in the Orangization: