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
Famous quotes containing the words wealthiest and/or americans:
“The wealthiest man among us is the best:”
—William Wordsworth (17701850)
“In the two centuries that have passed since 1776, millions upon millions of Americans have worked and taken up arms, when necessary, to make [the American] dream a reality. We can be proud of what they have accomplished. Today, we are the worlds oldest republic. We are at peace. Our nation and our way of life endure. And we are free.”
—Gerald R. Ford (b. 1913)