Wealthiest Americans (1957)

Wealthiest Americans (1957)

In 1957 Fortune magazine developed a list of the seventy-six wealthiest Americans; the list was republished in many American newspapers. The primary source of wealth was indicated as being inherited or stemming from a particular business or industry. For fortunes derived from oil, the list used “bankers valuation” of what a person might pay for assets rather than the valuation of proven oil reserves.

Read more about Wealthiest Americans (1957):  Reaction, Composition

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