During his lifetime he was known as the wealthier self-made man in the world. Howard Hughes’ riches directly and indirectly helped America’s economy flourish for many decades. For one, Hollywood films accounts for a portion of U.S goods and service revenues. Also, he created many job opportunities for men who could not seek job during the depression and beyond. Two, Hughes was known for spending excessively thought-out his life and more so towards he later adulthood. He purchased an entire Nevada hotel, after refusing to leave when asked. He became Navada’s biggest landlord. Hughes went on a one hundred million dollar buying spree; he bought casinos, local airport, and a television station. All of which helped expand America’s economy. Also,
he economy growth can be seen in the many technological advancements he help created; which opened more doors for thousands of workers. His contribution to American’s economy at his time and today includes: high speed aircrafts, prototype for future fighter plane, remote control misuses, commercial aviation, new air craft, and satellite. Hughes' legacy is maintained through the Howard Hughes Medical Institute, launched in 1953 in Miami Florida. Over the decades, it has become the largest privately funded institution for biological and medical research. That institution is currently located in Chevy Chase, Maryland. Hughes’ tenacity and diligent work ethics aided in technological advances that are still prevalent in current day society which continues to help society.
Cornelius Vanderbilt was a captain of industry. He came from a poor family and turned into a captain of industry controlling 85% of rail road and inspiring others to follow suit. He did many great things and not so great. Went from making a steamboat ferry to Grand Central Station. By the end of his life he had more than $100 million dollars.
He started off in life rather poor and had to go long ways to help his family by finding a job to help his family financially as I said because they weren’t rich. He went from paying $20 annually for rent for the place he was living at to renovating a mansion for $10,000,000. Instead of staying in the situation he was in as a young kid he decided to give himself a great life by working for it.
Businessmen of the Gilded Age like Carnegie, Rockefeller, Morgan, and Vanderbilt were captains of industry. Industrialists economically improved the United States by contributing the most money, which was made from the successes of their companies. In addition, they were financially beneficial to communities and set an example of philanthropy and lifestyle for others to follow. Moreover, they resorted to unscrupulous tactics not only for their financial gain, but for America’s financial gain as well.
The want for wealth saturates everyone’s mind at one point or another. Almost everyone dreams of having the large mansion near the beach, the multiple cars, etc., but this money does not just come, it either has to be inherited or earned. During the 1800s, most wealth was inherited, but there were a few self-made men that worked their way from the bottom to the top in order to become wealthy. One man in particular influenced wealthy men to come like Andrew Carnegie and Rockefeller. He was able to begin many of the ideas brought about during the Gilded Age because not only was he a major influence in society, but he greatly changed the economy and the industries he was involved in during that time. Lastly, he modernized commerce for businessmen to come. Cornelius Vanderbilt has become one of the most famous names in American history because of the everlasting positive changes he introduced to the country. Cornelius Vanderbilt was an inspiration for future wealthy personas of the Gilded Age because he fought to limit competition in the developing railroad and steamboat industries; his tactics in these industries lead him to great wealth, which helped him wield enormous power and influence over the American economy and politics.
Smart, powerful, wealthy, a promoter, a contributor, but most importantly, a businessman. These are all words that describe Cornelius Vanderbilt. Cornelius Vanderbilt was a well known and very successful person in the shipping and railroad industry. He always sought out new business oppurtunities, and was always thinking a step ahead on how he was going to make money next. Cornelius Vanderbilt’s business strategies and immense skills in the industry made him over 100-million-dollars throughout his lifetime.
Divine et al., state that Hoover was a "sober, intelligent, and immensely hardworking" man. McElvaine concurs and explains that "at the age of 29, Hoover was a financier-promoter-geologist-engineer-metallurgist". Divine et al., characterize Herbert Hoover by saying "Hoover epitomized the American myth of a self-made man" and he "embodied the nation's faith in individualism and free enterprise". McElvaine agrees and explains that Hoover "Orphaned and very poor at the age of nine, was a self-made millionaire thirty years later". McElvaine, in agreement, goes on to say that Hoover himself held the opinion that if a man "has not made a million dollars by the time he is forty he is not worth much."
...as had a short but unique life and has managed to push himself to attain the success that he always believed he was capable of. Like any other individual’s life he surely has had his ups and downs as everyone else. Within just the first half of his life his father abandoned him and continued to beat his mother, he began both using and dealing drugs, had accidentally shot himself and even had a daughter. The second half was any less eventful then the first. Since his first child he has had three more, picked up a couple more drug habits, has been to prison, attained his GED and has become worth over 100 million dollars.With the many different aspects to both his personality and behavior many different theories from various theorist can be applied to him.
Growing up as a young boy in Scotland, Carnegie's family was not very wealthy. They immigrated to America where Carnegie went from working as a bobbin boy, making $1.20 per hour, to making millions of dollars later in his life. Carnegie did not become wealthy by unethical means, as a Robber Baron would. Instead he worked very hard and wise to get to where he was during that time. Andrew Carnegie came from "rags to riches" in his lifetime and it paid off.
The rise from the poor boy in Scotland to the second richest man in America. He had plenty of initiative and persevered throughout his life to become what he wanted to be. He retired as one of the most respected men in the world, and he will be in the history books forever.
John D. Rockefeller, born on July 8, 1839, has had a huge impact on the course of American history, his reputation spans from being a ruthless businessperson to a thoughtful philanthropist (Tarbell 41). He came from a family with not much and lived the American dream, rising to success through his own wit and cunning, riding on the backs of none. His legacy is huge, amassing the greatest private wealth of any American in history. Rockefeller’s influence on our country has been both a positive and a negative one, he donated huge sums of money to various public institutions and revolutionized the petroleum industry. Along with all the positives to the country, Rockefeller also had many negative affects as well, including, by gaining his riches by means of a monopoly, often using illegal methods, by giving others a reason to frown upon capitalism, and by hurting smaller businesses.
Steve Jobs was a college dropouts with no big plans. No one would have guessed that him and two of his friends working in a garage would be the beginning of a revolution in the world of technology. The free enterprise system made it possible for Steve Jobs to revolutionize the world with Apple products.
Donald Trump is not only one of the world’s richest men, but one of its most recognizable. Despite a privileged upbringing, he did not inherit anything, and went on to fame and fortune thanks to his business accomplishments and natural instincts.
Donald Trump even with a downfall still grew to gain stronger, richer and wiser. A man that Forbes estimates his net worth to be at 1.4 billion but Trump says it's more like 3.7 billion. He has so many interests and played so many roles in things that this man is a true hero to overcome a task where he was almost bankrupt to make such a rise is incredible. He is one that shall be remembered not for the money he made but rather for the remarkable turn around this man made since nobody in history has done such a thing.
In 1971, he inherited the family business and renamed the company to the "Trump Oranization". Tnstantly, he began to work on high-end projects, which sent his company sky rocketing. Being quite wealthy and ambitious, he soon started a ne company, "Trump Entertainment Resorts", this new company expertly racked in tons of extra money. Trump then constructed his most impressive job yet, "Trump Tower", his base of operations, where all his company plans are made. While at the peak of his wealth, Donald Trump wrote a book on how to conduct business, his instructional guid "The Art of the Deal" would be a best-seller for months. This was his peak. Once again, he decided to branch out, but this time wasn't near as profitable. Trump chose to enter the gambling industry, but due to lack of popularity and high quantities of debt, his collapsing casinos, brought him to near bankruptcy! But by selling his air line, his personal yacht, and afew other things, he pulleed out of it, and is now back to being one of the worlds leading businessman. That was Donald Trump's business career, next up... Trump as the
Director Martin Scorsese brilliantly portrays the life of billionaire Howard Hughes. Hughes was considered the richest man in the country and possibly the world (Katherine Ramsland). He had inherited his wealth first through his father’s business and then film making and aviation. Martin Scorsese accurately depicted Hughes’ image, health problems, airplanes, and the Brewster Senate Hearings with few inaccuracies.