Retirement
In 1888, he sold the massive salt business to the Salt Union Ltd for GBP £660,000 (equivalent to £52,710,604.00 today as of 2007). He spent much of the proceeds in philanthropic work in and around Droitwich Spa, buying St. Andrew's House and turning it into the Raven Hotel .
Read more about this topic: John Corbett (industrialist)
Famous quotes containing the word retirement:
“Douglas. Now remains a sweet reversion—
We may boldly spend, upon the hope
Of what is to come in.
A comfort of retirement lives in this.
Hotspur. A rendezvous, a home to fly unto.”
—William Shakespeare (1564–1616)
“He who comes into Assemblies only to gratifie his Curiosity, and not to make a Figure, enjoys the Pleasures of Retirement in a[n] ...exquisite Degree.”
—Richard Steele (1672–1729)
“Convent. A place of retirement for women who wish for leisure to meditate upon the sin of idleness.”
—Ambrose Bierce (1842–1914)