The Bronfmans: Seagram slips away

The Bronfmans: Seagram slips away - Clarissa and Edgar Bronfman Jr. © Jamie McCarthy/WireImage.com

At its height, Seagram counted among its most popular alcoholic beverages Chivas Regal, Crown Royal, Martell, Absolut, Captain Morgan and Tropicana Pure Premium Original Orange Juice (because a screwdriver doesn't just make itself). But succession was so disorderly, egos were so outsized and so many mistakes were made that observers were left to wonder if the heir to the liquor dynasty was drunk.

And he was -- on the glitz and glamour of Hollywood. When Edgar Bronfman Jr. liquidated his family's stock in DuPont to chase his dreams in Tinseltown, his family and the business community alike were gobsmacked. Today, the dynasty is a shadow of its former self. Bronfman runs Warner Music, and the Seagram empire is controlled by outside interests. Read more at Minyanville.

Continued: Corporate family feuds (video)

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Published June 30, 2009

Minyanville.com

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