Viewing a single comment thread. View all comments

1-PM t1_j3ubjul wrote

how the fuck was he worth 5k at 14

30

DividedContinuity t1_j3vq5xl wrote

Working back for inflation you could probably buy a house with that.

Still, astounding gains, particularly that 26k to 1m jump in 4 years.

7

TimeZarg t1_j3w2vne wrote

Late 1956 to 1960. Benefited heavily from the Post-war boom I suspect, once you're hitting those kinds of numbers during that time it becomes harder to 'fail' because unless you massively fuck up on a big, risky venture the money can basically grow itself through stable, safe, lower-return investments.

6

mynameismy111 t1_j45qacy wrote

100k adjusted for inflation at 15

He had influential family like congressmen so just pulled up by shoestrings as they all would say ....

1