Rise To Wealth
During his teaching tenure, Mayo began to buy land and mineral rights in eastern Kentucky using his paltry teaching salary. He would in turn sell the land or the rights to the land to eastern iron and coal companies at a considerable profit, while convincing them to invest in exploration and mining of the region. As he continued to buy and sell options on land and minerals, he eventually became a partner, agent or representative for many of the large firms.
Read more about this topic: John C. C. Mayo
Famous quotes containing the words rise to, rise and/or wealth:
“It is an hypothesis that the sun will rise tomorrow: and this means that we do not know whether it will rise.”
—Ludwig Wittgenstein (1889–1951)
“Carry hate
In front of you and harmony behind.
Be deaf to music and to beauty blind.
Win war. Rise bloody, maybe not too late
For having first to civilize a space
Wherein to play your violin with grace.”
—Gwendolyn Brooks (b. 1917)
“Without the rich heart, wealth is an ugly beggar.”
—Ralph Waldo Emerson (1803–1882)