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:
“Man will become immeasurably stronger, wiser, and subtler; his body will become more harmonious, his movements more rhythmic, his voice more musical. The forms of life will become dynamically dramatic. The average human type will rise to the heights of an Aristotle, a Goethe, or a Marx. And above these heights, new peaks will rise.”
—Leon Trotsky (1879–1940)
“To rise from error to truth is rare and beautiful.”
—Victor Hugo (1802–1885)
“But the golden-rod is one of the fairy, magical flowers; it grows not up to seek human love amid the light of day, but to mark to the discerning what wealth lies hid in the secret caves of earth.”
—Margaret Fuller (1810–1850)