Riches and What To With Them
Paul Terhorst has written an interesting article in International Living magazine in which he discusses what people have done with their riches. He discusses Henry Ford, who at forty years of age, located eleven investors to bankroll the Ford Motor Company with an original total $28,000 investment. One of them, a lawyer named John Wendell Anderson, wrote his physician father asking to borrow $5000 to invest in the company. Having secured the loan from his reluctant father he invested in…