'Wax' billionaire dies

Samuel Johnson, who became a billionaire by expanding the wax company started by his great-grandfather into the consumer products giant SC Johnson, died of cancer, his family said. He was 76.

Johnson, who retired as chairman of the Racine-based company in 2000, was ranked as the richest man in Wisconsin, with a personal wealth estimated by Forbes magazine this year at $7.4bn (€11bn).