She amassed millions but lived in misery: a Wall Street billionaire took saving to the extreme, generating both admiration and rejection.
Achieving big financial goals can mean, for millions of people in the world, to be able to buy a house, a car or help their family. But what to do with those savings once those goals are achieved? For some, the decision is to continue accumulating and avoid spending at all costs.
Hetty Green, known as the “Witch of Wall Street”, took this idea to the extreme. Despite having been one of the women richerHer austere lifestyle and refusal to spend her fortune made her a unique figure in the history of finance.
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The story of Hetty Green, the world’s greediest billionaire
Hetty was born in 1834 to a wealthy family in Massachusetts and from a young age showed exceptional skills for business. He learned from his grandfather the financial secrets that he would later apply to expand the family fortune. He excelled in the buying and selling real estate, stock market investments, and loans, always seeking to maximize profits and minimize costs.
However, Hetty became famous not only for her ability to grow her money, but for her extreme greeda. He lived in small apartments to avoid paying taxes on luxurious properties and wore cheap cotton clothes. obsession with saving It was so intense that she even took her son to charity clinics when he needed medical attention, resulting in the amputation of one leg due to lack of proper treatment.
The nicknamed “Witch of Wall Street”, amassed a fortune estimated at more than $2.3 billion current, remaining faithful to his philosophy of life until his death in 1916.
Source: Ambito
I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.
