The Richest Woman in America: Hetty Green in the Gilded Age

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A fascinating biography of America's first girl tycoon, Hetty Green, the iconoclast who forged one of the biggest fortunes of her time. No woman in the Gilded Age made the maximum amount of money as Hetty Green. At the time of her death in 1916, she was worthy of at least 100 million us dollars, add up to more than 2 billion us dollars today. A strong believer in women being financially indie, she offered valuable lessons for the present times. Abandoned at labor and birth by her neurotic mom, scorned by her misogynist daddy, Hetty set out as a child to demonstrate her value. Following simple guidelines of her wealthy Quaker daddy, she successfully invested her money and along the way proven to herself that she was wealthy and therefore worthy. Never losing trust in America's potential, she dismissed the herd mentality and had taken good thing about financial panics and crises. When everyone else was retailing, she bought railroads, real real estate, and federal bonds. And when everyone was buying and borrowing, she put her money into cash and attained safe returns on her behalf us dollars. Men mocked her and women scoffed at her frugal ways, but she transformed her rear and piled-up her cash flow, amassing a lot of money that backed businesses, churches, municipalities, and even metropolis of NY itself. She relished a challenge. When her aunt perished and didn't leave Hetty the fortune she expected, she plunged into a groundbreaking lawsuit that still resonates in laws colleges and courts. When her spouse defied her and sank her money by himself risky passions, she threw him out and, marching right down to Wall Road, quickly composed losing. Her independence, outspokenness, and disdain for top of the crust attained her a reputation for harshness that endured for many years. Newspapers maintained her in the news, linking her name with witches and miscreants. Yet those who recognized her adored her warmness, her wisdom, and her wit. Set during a period of financial meltdown strikingly similar to our current one, acclaimed author Janet Wallach's engrossing exploration of a remarkable life revives a rarely-mentioned queen of American fund.


Category: Business

Details

Publisher

Random House Audio

Language

English

ISBN

DATE

2012-09

Author

Janet Wallach

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