Du Pont's Death
When Alfred died in 1935, his estate was valued at over $56 million, which, after estate taxes of $30 million, left $26 million. Alfred's will named Jessie as the principal trustee, but in reality, she deferred business decisions to her brother, Edward, who took control of the assets of the testamentary trusts, which included large Florida landholdings and industrial interests, including the Florida East Coast Railway. Jessie preferred to handle the philanthropic activities of the trust while Edward concentrated on making money.
Read more about this topic: Edward Ball (businessman)
Famous quotes containing the word death:
“if thou slip thy troth and do not come at all.
As minutes in the clock do strike so call for death I shall:
To please both thy false heart, and rid myself from woe,
That rather had to die in troth than live forsaken so.”
—Unknown. The Lady Prayeth the Return of Her Lover Abiding on the Seas (l. 19–22)