Stephen Bechtel Jr., Heir Who Expanded Bechtel Group, Dies At 95

  • After taking over in 1960, he doubled the company’s size
  • He brought Bechtel alumni into Ronald Reagan’s administration

Steve Bechtel Jr. 

Photographer: Matthew Naythons/The LIFE Images Collection/Getty Images

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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 Ronald Reagan with key cabinet members, has died. He was 95.

The company said Bechtel died “peacefully at home” on Monday.