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You Can't Take It With You: The Life and Afterlife of America's Greatest Fortunes
Eric Schoenberg
8 episodes
9 months ago
In 1918, Forbes Magazine published a list of the 30 richest Americans. At the top was oil tycoon John D. Rockefeller, Sr, whose wealth was estimated at a whopping $1.2 billion — more than 5 times as much as his closest rival for the title of richest American, Henry Frick. But by that time, Senior had already started giving much of his vast fortune to charity; by the time he died in 1937, he had given away a total of precisely $530,853,632.He also had passed along $470 milli...
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In 1918, Forbes Magazine published a list of the 30 richest Americans. At the top was oil tycoon John D. Rockefeller, Sr, whose wealth was estimated at a whopping $1.2 billion — more than 5 times as much as his closest rival for the title of richest American, Henry Frick. But by that time, Senior had already started giving much of his vast fortune to charity; by the time he died in 1937, he had given away a total of precisely $530,853,632.He also had passed along $470 milli...
Show more...
History
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5. Am I My Brother's Keeper?
You Can't Take It With You: The Life and Afterlife of America's Greatest Fortunes
35 minutes
2 years ago
5. Am I My Brother's Keeper?
Charles Tiffany was so brilliant at marketing luxury to the newly minted millionaires of the gilded age that he left $12 million to his four children when he died in 1902. Not trusting his younger son Burnett to manage his money wisely, he created a $1.5 million trust for him overseen by his older son Louis. Indeed, Burney went bankrupt less than two years later... but only because Louis refused to pay off a $25,000 debt for furniture Burney had bought for his new wife.
You Can't Take It With You: The Life and Afterlife of America's Greatest Fortunes
In 1918, Forbes Magazine published a list of the 30 richest Americans. At the top was oil tycoon John D. Rockefeller, Sr, whose wealth was estimated at a whopping $1.2 billion — more than 5 times as much as his closest rival for the title of richest American, Henry Frick. But by that time, Senior had already started giving much of his vast fortune to charity; by the time he died in 1937, he had given away a total of precisely $530,853,632.He also had passed along $470 milli...