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:
“How will it be with kingdoms and with kings—
With those who shaped him to the thing he is—
When this dumb Terror shall rise to judge the world,
After the silence of the centuries?”
—Edwin Markham (1852–1940)
“It is the dissimilarities and inequalities among men which give rise to the notion of honor; as such differences become less, it grows feeble; and when they disappear, it will vanish too.”
—Alexis de Tocqueville (1805–1859)
“... wealth and female softness equally tend to debase mankind!”
—Mary Wollstonecraft (1759–1797)