8 Wealthiest people of 1923
In 1923 , eight of the wealthiest people in the world met .
Their combined wealth ,
estimated, exceeded the wealth of
the government of the United States
(there was no Apple and recession then).
These men knew how to make
a living and accumulate wealth .
It’s very interesting to read about
what happened to these 8 wealthiest
people in the world , 25 years later …..
So 25 years later…….
1. President of the largest Steel Company ,
Charles Schwab , died bankrupt .
2. President of the largest Gas Company ,
Howard Hubson , went insane .
3. One of the greatest commodity traders ,
Arthur Cutton , died insolvent .
4. President of the New York Stock Exchange,
Richard Whitney , was sent to jail .
5. A member of the President’s Cabinet ,
Albert Fall , was pardoned from jail .
6. The greatest “bear” on Wall Street ,
Jessie Livermore , committed suicide .
7. President of the world’s greatest monopoly ,
Ivar Krueger , committed suicide .
8. President , Bank of International Settlement ,
Leon Fraser , committed suicide .
So, what happened?
Where did they go wrong?
They most certainly made lots
and lots of money.
They were very wealthy .
But what did they lack then?
In fact, as much as they knew how to make a living,
they forgot how to make a life
Instead, they just made Money!
Money provides comfort and status,
so true. It also provides food for the hungry,
medicine for the sick, clothes for
and shelter for the homeless, yet,
noteworthy to mention
that is only a medium of exchange.
Without water ,
a ship cannot move .
The ship needs water .
Yet , if the water gets
into the ship, the ship will face problems
and potentially sink.
Similarly, we live in a time
Where earning is a necessity ;
but let not the earning enter our hearts ;
for , what was once
a means of living ,
will become heavy chain,
an entrapment and a means of destruction !
So lets take a moment and ask ourselves
has water has entered our ship?