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Elon Musk has since surpassed John D. Rockefeller as the richest person in the history of the United States, and of modern history, according to size of wealth compared to GDP. On December 2024 his wealth reached $474 billion dollars (1.61% of USA's GDP at that year) compared to Rockeffeler's 1.5% at the height of his wealth. [5]
Rockefeller Institute for Medical Research in New York City, c. 1912. Rockefeller created the Rockefeller Foundation in 1913 [127] to continue and expand the scope of the work of the Sanitary Commission, [122] which was closed in 1915. [128] He gave $182 million to the foundation, [115] which focused on public health, medical training, and the ...
Only 10% of family wealth makes it to the third generation, according to a landmark Williams Group wealth consultancy study reported by Reuters in 2015. But a handful of families throughout history...
The Wall Street Journal estimates he gave away more than $500 million — around $16 billion in today’s money — before his death in 1937. 1940s: Henry Ford Peak wealth adjusted for inflation ...
The family's accumulated wealth has been divided among many descendants, only one of which (Benjamin de Rothschild) was officially recognized as a billionaire. Determining the family's exact wealth has been deemed implausible; [59] conspiracy theories claiming the family is worth trillions of dollars have not been proven. [60] [61]
On Sept. 29, 1916, newspapers across the country announced a wealth milestone once thought to be unreachable: the world’s first billionaire. Top 10 people most likely to reach trillionaire ...
It is a sub-category of the concept of the ultra high-net-worth individual. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an internet version of this list in real time. [1] The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar ...
Andrew Carnegie opened his first library when he was 68, and only managed to get around $5 billion in today’s dollars out the door before he died. John D. Rockefeller, generally considered the most generous industrialist in history, launched his foundation when he was 76, and only gave away around half his fortune.