My guess is that he never played competitively. Running a business probably took up a lot of his time.
Though Wikipedia has a claim he played tournament chess.
Henry Singleton
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Singleton was the founder of Teledyne (a billion dollar company) and reportedly a strong tournament chess-player who could play blindfolded. I read that he was close to GM strength, but I don't find any information online or that he was a titled player.
Does anyone know how strong he was? He would have been active at least some decades ago.