What a stupid article header. Bush Senior was emphatically not born into exceptional wealth. At his death in the early 1970’s, Prescott Bush was worth $3.5m. Even then, that wasn’t exceptional wealth. It was what a successful upper-middle class professional might bequeath to his heirs, but it wasn’t exceptional. When Bush Senior was born, Prescott Bush was 29, over 4 decades before he accumulated the $3.5m he left behind.
An excerpt from a biography of the Bushes:
https://www.nytimes.com/2008/02/01/books/chapters/1st-chapter-bush-tragedy.html
[The cheapness of the Bush men isn’t just an endearing comic trait. It reflects the reality that there has never been any large pool of capital on the Bush side of the family. Though he poor-mouthed preposterously, Prescott actually accumulated fairly little, and didn’t leave much behind.]
George HW Bush founded his own oil company and became a millionaire in his own right by 40. No doubt he had easy access to investment capital.
George HW Bush’s grandfather, George Herbert Walker, was a wealthy banker and investment manager, who helped organize the 1904 St. Louis World’s Fair, as well as rebuilding Madison Square Garden and the Belmont Race Track. He was in business with W. Averell Harriman, and arranged for him to take control of the Hamburg-Amerika Line. He also sat on the board of 11 large corporations, and Golf’s Walker Cup is named after him.
His son (George HW Bush’s uncle), was the founder and first owner of the NY Mets. The extended family is full of wealthy and influential patricians. George HW Bush’s great-great-great-grandfather Thomas Walker was a wealthy British slave trader. They have been among the wealthy business elite for many generations.
24 posts before the truth
I read several Bush bios when younger.
His moms family had money before including a southern branch of old old money
But Bush had to strike out in his own in the oil biz
Did he have better access to capital yes but was he a mailbox money kid
No
You can count on bull to be written about anyone but a lefty