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Catherine lived with her husband in a modest apartment overlooking the parking lot while John conducted his business from a back booth in the hotel coffee shop.When John D.MacArthur died on January 6, 1978, he was worth in excess of $1 billion and was reportedly one of the three richest men in the United States.MacArthur left ninety-two percent of his estate to begin the John D.and Catherine T.MacArthur Foundation.

Catherine T.MacArthur (November 23, 1908 - December 15, 1981) was the wife of U.S.businessman and philanthropist John D.MacArthur and was an active participant in his businesses and philanthropies.

The composition of the Foundation’s first Board of Director’s, per John D.MacArthur’s will, included Catherine T.MacArthur, J.Roderick MacArthur (a son from John D.MacArthur’s first marriage), three officers of Bankers Life and Casualty, and Radio Commentator Paul Harvey.Catherine T.MacArthur died December 15, 1981 in the Colonnades Hotel apartment.

Both the Foundation and Banker’s Life official press releases state that Catherine was very involved in the success of the businesses and she appears throughout the records of MacArthur’s various companies under her maiden name, C.T.Hyland—in the position of corporate secretary, director, or both. Learning to Give - John D.and Catherine T.MacArthur FoundationDespite their vast wealth, the MacArthur’s were known for their frugality.

In 1963, when he was already one of the wealthiest men in the United States, John MacArthur purchased the Colonnades Hotel in the town of Palm Beach Shores on Singer Island, Florida.

In 1935, John D.MacArthur purchased Bankers Life and Casualty for $2,500, and used mass marketing techniques to sell insurance through the mail.

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