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Frank Sharp (land developer)

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Frank Wesley Sharp (18 March 1906 – 2 April 1993) was a land developer in Houston, Texas, United States who was responsible for creating several large post-World War II housing developments.

Sharp's projects included Oak Forest in 1946 and Sharpstown in 1955. Sharp also created Royden Oaks in the late 1940s. Sharp later was a central figure in the Sharpstown scandal, and as a result he was convicted of violating federal banking and securities laws and was sentenced to three years' probation and a $5,000 fine. Though a Methodist, he became a benefactor of Strake Jesuit College Preparatory and became the only Protestant to be named as a "founder" within the benefactors of the Society of Jesus.[1] Sharp advised Strake Jesuit to buy shares of National Bankers Life at $20–26 per share [1]. The school lost $6,000,000 from his advice.

References

  1. ^ The Founder, Time Magazine, February 15, 1971

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