Posted on 12/10/2014 3:42:58 PM PST by Hojczyk
Media Titans: The Hearst family
Worth: $35 billion
Wealth established: 1887
Source of wealth: Hearst Corporation
The Hearst fortune began in the late 1800s with George Hearst, a millionaire goldmine owner and U.S. senator. Hearst's son William Randolph attended the finest schools but was kicked out of Harvard University for throwing keg parties in Harvard Square and sending used chamber pots to his professors. After his expulsion, William Randolph took over managing the San Francisco Examiner, a publication his father had won as settlement for a gambling debt.
Oil barons: The Rockefeller family
Worth: $10 billion
Worth Established: 1858
John D. Rockefeller was the eldest of six children born to a con artist father who often traveled often as a botanic physician selling various elixirs. But despite Rockefeller’s raucous upbringing he was a serious boy who kept his head down and studied hard.
Political power players: The Kennedy family
Worth: $1 billion Worth established: 1919
The Kennedy fortune and legacy began with Patrick Joseph “P.J.” Kennedy in the 1880s. After dropping out of school and saving money at his Boston docks job, P.J. bought a bar in Haymarket Square. Business was good, and he was soon able to expand his alcohol empire—he purchased two more saloons and eventually a whiskey-importing business
Oldest money: The Du Pont family
Worth: $15 billion
Worth established: 1802
His son, Éleuthère Irénée du Pont was a chemist and founded a gun powder factory in 1801.
Most money: The Walton family
Worth: $152 billion
Worth established: 1962
In 1962 Sam Walton opened the first Walmart store in Bentonville, Ark., and worked for most of his life to make it what it is today—the world’s largest retailer with 11,000 retail units and 2.2 million employees.
(Excerpt) Read more at finance.yahoo.com ...
I saw a show on one of the history programs about J.P.Morgan. He controlled hundreds of millions that was equivalent to hundreds of billions today, maybe even trillions.
Interestingly his own private wealth was not that great in comparison.
Mute your speakers before you visit that site.
Today the 30 Kennedy family members keep their money in a series of trusts, which allow maximum income with minimal taxation.Do as I say, not as I do.
Poor Kennedy’s, they’re down to their last Billion Dollars.
I expected to see the Bush Family on that list.
They don’t even mention me and I’ve managed to save up almost a hundred dollars.
What, if anything positive did the Kennedy’s ever do for America? Aside from two of them serving in WW2.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.