Bette Nesmith Graham for USD $47.5 million in 1979. At the time, her company employed 200 people and made 25 million bottles of Liquid Paper per year. Bette Nesmith died on May 12, 1980, at the age of 56, in Richardson, Texas. From the start, Graham ran her company with a unique combination of spirituality, egalitarianism, and pragmatism. Raised a Methodist, Graham converted to Christian Science in 1942, and this faith inspired the development of her corporate "Statement of Policy". Part-code of ethics, part-business philosophy, it covered everything from her belief in a "Supreme Being" to a focus on decentralized decision making and
James Nesmith James Nesmith James Willis Nesmith (July 23, 1820 – June 17, 1885) was an American politician and lawyer from Oregon. Born in New Brunswick to American parents, he grew up in New Hampshire and Maine. A Democrat, he moved to Oregon Country in 1843 where he entered politics as a judge, a legislator in the Provisional Government of Oregon, a United States Marshal, and after statehood a United States Senator and Representative. Nesmith’s grandson, Clifton N. McArthur, and son-in-law, Levi Ankeny, both later served in Congress. James Nesmith was born in what is now the Canadian province of New Brunswick