HISTORY -- With NZEKWE Gerald Uchenna
BRIEF STORY OF NINE WEALTHIEST MEN IN THE WORLD, AND THEIR SAD ENDS :
In 1923, nine of the wealthiest people in the world met at Chicago's Edge Water Beach Hotel.
BRIEF STORY OF NINE WEALTHIEST MEN IN THE WORLD, AND THEIR SAD ENDS :
In 1923, nine of the wealthiest people in the world met at Chicago's Edge Water Beach Hotel.
Their combined wealth, it is estimated, exceeded the wealth of the Government of the United States at that time.
These men certainly knew how to make a living and accumulate wealth.
Attending the meeting were the following men:
1. The president of the largest steel company.
These men certainly knew how to make a living and accumulate wealth.
Attending the meeting were the following men:
1. The president of the largest steel company.
2. The president of the largest utility company,
3. The president of the largest gas company,
4. The president of the New York Stock Exchange,
5. The president of the Bank of International Settlements.
6. The Greatest wheat speculator.
3. The president of the largest gas company,
4. The president of the New York Stock Exchange,
5. The president of the Bank of International Settlements.
6. The Greatest wheat speculator.
7. The greatest bear on Wall Street,
8. The head of the *World's greatest Economy*
And,
9. A member of President Harding's cabinet.
That's a pretty impressive line-up of people by anyone's yardstick Or Standard.
Yet, 25 years later, where were those nine Industrial Giants?
8. The head of the *World's greatest Economy*
And,
9. A member of President Harding's cabinet.
That's a pretty impressive line-up of people by anyone's yardstick Or Standard.
Yet, 25 years later, where were those nine Industrial Giants?
Let’s examine what happened to them 25 years later :
1. CHARLSE .M. SCHWAB (1862- 1939)
He was the then President of the then Largest Steel Company (Bethlehem Steel Corp)
Charles was so rich, but eventually lived on borrowed capital for five years before he died bankrupt.
1. CHARLSE .M. SCHWAB (1862- 1939)
He was the then President of the then Largest Steel Company (Bethlehem Steel Corp)
Charles was so rich, but eventually lived on borrowed capital for five years before he died bankrupt.
2. HOWARD .C. HOPSON (1882 - 1949)
He Once The President of the then largest Gas Company in the World.
How he Ended-Up :
He Started having Financial Issues and eventually went insane.
He Once The President of the then largest Gas Company in the World.
How he Ended-Up :
He Started having Financial Issues and eventually went insane.
3. ARTHUR WILLIAMS CUTTEN (1879 - 1930)
He was One of the greatest commodity traders (Wheat Speculator)
How he Ended-Up :
He was so Wealthy but, Eventually Arthur Cutten died insolvent.
He was One of the greatest commodity traders (Wheat Speculator)
How he Ended-Up :
He was so Wealthy but, Eventually Arthur Cutten died insolvent.
4. RICHARD WHITNEY (1888 - 1930)
The then President of the New York Stock Exchange,
How he Ended-Up :
Richard Whitney was eventually sent to Jail.
The then President of the New York Stock Exchange,
How he Ended-Up :
Richard Whitney was eventually sent to Jail.
5. ALBERT .B. FALL (1861 - 1944)
He was a member of the US President’s Cabinet (the member of President Harding's cabinet)
How he Ended-Up :
Albert Fall was indicted, sent to Prison. he was later pardoned from Jail, just to be able to go home and die in peace.
He was a member of the US President’s Cabinet (the member of President Harding's cabinet)
How he Ended-Up :
Albert Fall was indicted, sent to Prison. he was later pardoned from Jail, just to be able to go home and die in peace.
6. JESSE LIVERMORE (1877 - 1940)
He Owns The greatest “bear” on Wall Street,
How he Ended-Up :
He got into serious Financial Situation and then, committed suicide.
He Owns The greatest “bear” on Wall Street,
How he Ended-Up :
He got into serious Financial Situation and then, committed suicide.
7. IVAR KRUEGER (1880 - 1932)
He was The President of the then world’s Greatest Monopoly.
How he Ended-Up :
Ivar Krueger eventually got Financially bankrupt and then, Committed Suicide.
He was The President of the then world’s Greatest Monopoly.
How he Ended-Up :
Ivar Krueger eventually got Financially bankrupt and then, Committed Suicide.
8. LEON FRASER (1889 -1945)
He was The President of the Bank of International Settlement.
How he Ended-Up :
Fraser was indeed one of the Wealthiest people alive during his time. But he eventually got into financial Muds, and eventually, Committed Suicide.
He was The President of the Bank of International Settlement.
How he Ended-Up :
Fraser was indeed one of the Wealthiest people alive during his time. But he eventually got into financial Muds, and eventually, Committed Suicide.
9. SAMUEL INSULL (1859 - 1938)
He was The President of the largest Utility Company.
How he Ended-Up :
Samuel Insull was not only Wealthy and Powerful, he also lived the 'Good Life'.
He Eventually Died Penniless.
He was The President of the largest Utility Company.
How he Ended-Up :
Samuel Insull was not only Wealthy and Powerful, he also lived the 'Good Life'.
He Eventually Died Penniless.
CONCLUSION :
What these Great Wealthy men all had in common was that, they forgot how to "make" life while they got busy making money!
Money in itself is not evil; it provides food for the hungry, medicine for the sick, clothes for the needy. Money is only a medium of exchange.
What these Great Wealthy men all had in common was that, they forgot how to "make" life while they got busy making money!
Money in itself is not evil; it provides food for the hungry, medicine for the sick, clothes for the needy. Money is only a medium of exchange.
In Life, We need two kinds of education:
a) One that teaches us 'HOW TO MAKE A LIVING''.
and
b) One that teaches us 'HOW TO LIVE'
There are many of us who are so engrossed in our professional life that we neglect our family, health and social responsibilities.
a) One that teaches us 'HOW TO MAKE A LIVING''.
and
b) One that teaches us 'HOW TO LIVE'
There are many of us who are so engrossed in our professional life that we neglect our family, health and social responsibilities.
If asked why we do this, we would reply that "We are doing it for our family".
Yet, our kids are sleeping when we leave home.
They are sleeping when we come back home!!
Twenty years later, we’ll turn back, and they’ll all be gone, to pursue their own dreams and their own lives.
Yet, our kids are sleeping when we leave home.
They are sleeping when we come back home!!
Twenty years later, we’ll turn back, and they’ll all be gone, to pursue their own dreams and their own lives.
Without water, a ship cannot move.
The ship needs water, but if the water gets into the ship, the ship will face existential problems. What was once a means of living for the ship will now become a means of destruction for it..
The ship needs water, but if the water gets into the ship, the ship will face existential problems. What was once a means of living for the ship will now become a means of destruction for it..
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 surely become a means of destruction for us as well.
So take a moment and ask yourself, "Has the water entered my ship?"
I hope not!
So take a moment and ask yourself, "Has the water entered my ship?"
I hope not!
Hope the above story will drive all of us in a better direction in life.
''Alone I can 'Say' *but*
together we can 'talk'.
'Alone I can 'Enjoy' *but*
together we can
'Celebrate'.
'Alone I can 'Smile' *but*
together we can 'Laugh'.
That's the BEAUTY of
Human Relations.
''Alone I can 'Say' *but*
together we can 'talk'.
'Alone I can 'Enjoy' *but*
together we can
'Celebrate'.
'Alone I can 'Smile' *but*
together we can 'Laugh'.
That's the BEAUTY of
Human Relations.
We are nothing *without*
each other
#Nzekwe Gerald Uchenna (NGU)
#MovementForTheEmancipationOfNigerianYouths(MENY)
each other
#Nzekwe Gerald Uchenna (NGU)
#MovementForTheEmancipationOfNigerianYouths(MENY)
