5fish
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Here is a lady who was as wealthy as the titans of the late 19th century.
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Through all of this, Green kept investing, primarily in government bonds and real estate. “Hetty died in 1916. With an estimated $100 million in liquid assets, and much more in land and investments that her name didn’t necessarily appear on,” writes Investopedia. “She had taken a $6 million inheritance and invested it into a fortune worth upwards of $2 billion [in today’s money], making her by far the richest woman in the world.” A big difference between her and others such as Carnegie and Rockefeller is that she wasn't an industrialist. Her sole business was investing in real estate, stocks and bonds. That might go some way to explain why she didn't leave a legacy of her name as her male peers did.
However, Green did make a material contribution to the field of investing, which shaped the twentieth century. She was an innovator in the field of value investing, which has made billionaires out of people such as Warren Buffett. Green was eccentric, but in her own special way, she was also a genius.
The Peculiar Story of the Witch of Wall Street
Walking the streets in black clothes and making obscene amounts of money, Hetty Green was one of the Gilded Age's many characters
www.smithsonianmag.com
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Through all of this, Green kept investing, primarily in government bonds and real estate. “Hetty died in 1916. With an estimated $100 million in liquid assets, and much more in land and investments that her name didn’t necessarily appear on,” writes Investopedia. “She had taken a $6 million inheritance and invested it into a fortune worth upwards of $2 billion [in today’s money], making her by far the richest woman in the world.” A big difference between her and others such as Carnegie and Rockefeller is that she wasn't an industrialist. Her sole business was investing in real estate, stocks and bonds. That might go some way to explain why she didn't leave a legacy of her name as her male peers did.
However, Green did make a material contribution to the field of investing, which shaped the twentieth century. She was an innovator in the field of value investing, which has made billionaires out of people such as Warren Buffett. Green was eccentric, but in her own special way, she was also a genius.