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In 1957, Fortune magazine developed a list of the seventy-six wealthiest Americans, which was published in many American newspapers. [7] Jean Paul Getty, when asked his reaction to being named wealthiest American and whether he was worth a billion dollars, said, "You know, if you can count your money, you don't have a billion dollars" and then added, "But remember, a billion dollars isn't ...
Forty Years of Carnegie Giving: A Summary of the Benefactions of Andrew Carnegie and of the Work of the Philanthropic Trusts Which He Created. New York: Charles Scribner's Sons. Livesay, Harold C. (1999). Andrew Carnegie and the Rise of Big Business, 2nd ed. ISBN 0321432878. Short biography by a scholar. Lorenzen, Michael. (1999).
A little over a century ago, in 1916, legendary robber baron John D. Rockefeller became the world's first billionaire -- probably. Before the age of computerized records and the internet, measuring...
It is based on an annual assessment of wealth and assets by Forbes and by data from the Bloomberg Billionaires Index. The Forbes 400 Richest Americans list has been published annually since 1982. The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. [1]
Forbes releases the list annually, and this year’s edition includes 2,668 individuals across the world worth $12.7 trillion. America leads on the number of billionaire residents, at 735 ...
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Carnegie alone estimated that 40% was returned on the investment, i.e., a profit of $40,000 from a $100,000 investment in the mill. [3] The profits made by the Edgar Thomson Steel Works were substantial enough to let Carnegie and his partners, including Henry Clay Frick, his cousin George Lauder, and Henry Phipps Jr., buy
There are 2,692 billionaires that are American citizens on the Forbes list. Included in those thousands are the 40 billionaires that live in New England. But only one in Vermont.