Hello friends!
How has the new year started for you? Everything is fine for me, thank you!
Well, the new year is the new year, but only in numbers so. Therefore, it would be best for us to go back to doing what we were doing in the old year. So, we are going back to our series of the wealthiest men of history. And who is our guest today? His name is John Jacob Astor, and he was the first American multi-millionaire. He gathered his millions in the fur, real estate and opium trades. You can learn more about him here. And in fact, we have an estimate of his value - his fortunes amounted to about $116 billion in contemporary money. Pretty impressive, right?
Now, let's look at some moneymaking wisdom by John Jacob Astor:
The first hundred thousand—that was hard to get; but afterwards it was easy to make more.
Sounds inspiring, right? Well, have in mind inflation, which has made $100,000 at the time of Astor worth at least $100 million right now. Seems like we have a long way to go before it becomes easy to make money...
Still, have a great day!
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John Jacob Astor