Olaf G Ystenes (1901 - 1988)

Refresh this page to see various historical events that occurred during Olaf's lifetime.

In 1901, in the year that Olaf G Ystenes was born, John Pierpont "J. P." Morgan created U.S. Steel. J.P. Morgan was an American banker and financier who dominated U.S. business at this time. He had previously overseen the creation of General Electric, as well as International Harvester and AT&T. He has been referred to as America's greatest banker. U.S. Steel was the first billion dollar company in the world, worth $1.4 billion in 1901.

In 1926, he was 25 years old when on November 15th, NBC was founded. It was the U.S.'s first major broadcast network. Ownership of the network was split between RCA (a majority partner at 50%), its founding corporate parent General Electric (which owned 30%), and Westinghouse (which owned the remaining 20%).

In 1946, at the age of 45 years old, Olaf was alive when on July 4th, the Philippines gained independence from the United States. In 1964, Independence Day in the Philippines was moved from July 4th to June 12th at the insistence of nationalists and historians.

In 1958, Olaf was 57 years old when on March 24th, Elvis Presley was inducted into the United States Army. Although he could have served in Special Services as an entertainer, he chose to become a regular soldier. Almost everyone thought it would be the end of his career - it wasn't.

In 1988, in the year of Olaf G Ystenes's passing, on December 16th, 1988 the popular film Rain Man was released. Featuring Dustin Hoffman and Tom Cruise. this film brought attention to autistic savants and was based on the "megasavant" Laurence Kim Peek. The film would later go to win four Oscars including Best Picture, Best Original Screenplay, Best Director and Best Actor in a Leading Role.