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:
“The student who secures his coveted leisure and retirement by systematically shirking any labor necessary to man obtains but an ignoble and unprofitable leisure, defrauding himself of the experience which alone can make leisure fruitful.”
—Henry David Thoreau (1817–1862)
“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)
“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)