Jun 132017
This is from friend, a most dedicated man, the Director of Kigezi Orphans Project, Serving Children the lord! through this orphange. *In 1923, nine of the wealthiest people in the world met at Chicago's Edge Water Beach Hotel*. *Their combined wealth, it is estimated, exceeded the wealth of the Government of the United States at that time*. These men certainly knew how to make a living and accumulate wealth. *Attending the meeting were the following men*: 1. The president of the *largest steel company,* 2. The president of the *largest utility company,* 3. The president of the *largest gas company,* 4. The president of the *New York Stock Exchange,* 5. The president of the *Bank of International Settlements,* 6. The *greatest wheat speculator*, 7. The greatest *bear on Wall Street,* 8. The head of the *World's greatest Economy* & 9. A member of *President Harding's cabinet*. *That's a pretty impressive line-up of people by anyone's yardstick.* Yet, 25 years later, where were those nine industrial giants? *Let’s examine what happened to them 25 years later*. 1. The President of the then largest steel company (Bethlehem Steel Corp), *Charles M Schwab, lived on borrowed capital for five years before he died bankrupt.* 2. The President of the then largest gas company, *Howard Hubson, went insane*. 3. One of the greatest commodity traders (Wheat Speculator), *Arthur Cutten, died insolvent.* 4. The then President of the New York Stock Exchange, *Richard Whitney, was sent to jail.* 5. The member of the US President’s Cabinet (the member of President Harding's cabinet), *Albert Fall, was pardoned from jail just to be able to go home and die in peace.* 6. The greatest “bear” on Wall Street, *Jesse Livermore committed suicide*. 7. The President of the then world’s greatest monopoly, *Ivar Krueger, committed suicide*. 8. The President of the Bank of International Settlement, *Leon Fraser, committed Suicide.* 9. The president of the largest utility company, *Samuel Insull, died penniless.* *What they forgot was how to "make" life while they got busy making money!* *Money in itself is not evil;* it provides food for the hungry, medicine for the sick, clothes for the needy. *Money is only a medium of exchange.* *We need two kinds of education*: a) One that teaches us *how to make a living,* and b) One that teaches us *how to live*. *There are many of us who are so engrossed in our professional life (more…)