Celebrity Gossip

8 Wealthiest people of 1923

By  | 

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
the needy;
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?

You must be logged in to post a comment Login

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.