The Frugal Millionaire Next Door: Ronald Read’s Remarkable Story

Ronald Read, a Vermont gas station attendant and janitor, had accumulated a net worth of nearly $8 million at the time of his death in 2015. Described as “a blue-collar guy with blue-chip smarts,” Read invested in a diverse range of companies that paid generous dividends, focusing on well-established businesses and avoiding technology stocks. His […]

In 1905, American millionaire ….

In 1905, American millionaire George Kessler threw himself a birthday party at the Savoy Hotel in London that involved flooding the entire courtyard with four feet of water so his guests could dine in gondolas and a five foot birthday cake brought out to them on the back of a baby elephant.