From a New York Times obit by Glenn Rifkin headlined “Red McCombs, Car Salesman Turned Media Mogul, Dies at 95”:
Red McCombs, a former Texas used car dealer who became a billionaire entrepreneur by venturing into an array of successful businesses, including the media giant Clear Channel Communications and several professional sports teams, died at his home in San Antonio.
Mr. McCombs was a flamboyant wheeler-dealer who created more than 400 businesses across an array of industries, including oil, real estate, cattle, insurance, movies and racehorses, often selling them at a substantial profit. At various times he owned a pro football team, the Minnesota Vikings, and two pro basketball teams, the San Antonio Spurs and Denver Nuggets.