And you thought Bill Gates is rich?

[Green_Manelishi]

According to Peter Krass in his book Carnegie, Andrew Carnegie sold his company to JP Morgan (with Charlie Schwab as the go between) for 480,000,000 and it was payed thus:

160,000,000 in gold backed 5% bonds

240,000,000 of stock in the company that Morgan was going to build: a colossus known as US Steel which accounted for 7% of the USA GNP

80,000,000 in cash.

To put that in perspective, Carnegie would be worth in today's dollars .....
100 Billion, second only to John D. Rockefeller (Standard Oil with 2.5% of the GNP) with 200 Billion

Gates is a wannabee.

 

[Wildcard]

ME too! Wannabe real bad....

 

[Hockeynut]

My new favorite saying is, "Money can't buy you happiness, but it sure makes the misery more bearable!!"

 

[mike_s]

My new favorite saying is, "Money can't buy you happiness, but it sure makes the misery more bearable!!"

"Money can't buy your happiness, but you can rent it"

 

[drbill]

$1 billion, $100 billion, $200 billion. What does it really matter. It's more money than a sane individual could spend in a lifetime. However, those of us with a touch of lunacy... or charity... could find ways!