By the early 1970s, the future New York Yankees owner, George M. Steinbrenner was one of Cleveland’s captains of industry, having taken his family shipping firm to new heights and used it to leverage a purchase of American Shipbuilding Company. He turned AmShip into one of the country’s largest shipbuilders — and the largest on the Great Lakes. He would fail in his attempt to purchase the Cleveland Indians, but when CBS wanted to sell the New York Yankees, Steinbrenner would realize his dream.
George Michael Steinbrenner III was born July 4, 1930, in Rocky River, Ohio, a western suburb of Cleveland.