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Stephen Bechtel Jr., the third-generation heir of the Bechtel Corp. construction empire who led its global drive for 30 years and provided President Reagan with key Cabinet members, has died at his home in San Francisco.
The company said Bechtel died Monday at 95. No cause of death was given.
The Stanford-educated engineer became a billionaire while leading the San Francisco-based firm’s expansion through “mega-projects” in Saudi Arabia, the U.S. and Canada.
At 35, he took over as president from his father in 1960 and oversaw contracts for the San Onofre Nuclear Generating Station in north San Diego County, the Jubail Industrial City in Saudi Arabia and the James Bay hydroelectric project in Canada. In less than two decades, he doubled the company’s size, according to its website.
Stephen Bechtel Jr, construction giant who helped build Jubail, dies aged 95
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Former chief of U S construction firm Bechtel dies at 95
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