Dividends: Money Worries

The Rockefellers diversify

Everybody frets about money, even the Rockefellers. Shortly after the Standard Oil trust was broken up in 1911, John D. Rockefeller was said to be worth $900 million. By the time Grandson Nelson was required to air the Rockefeller finances in 1974 during his confirmation hearings to become Vice President, the family had given away some $1.4 billion in various philanthropies, but still had well over $1 billion to its name. Today the family holdings are estimated at $3 billion to $4 billion.

That may sound like a great deal of money. But there were, after all, 74 direct...

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