Real Estate Mogul (John Jacob Astor - he even died on the Titanic)
Financier (J.P. Morgan)
Railroad Magnate (Cornelius Vanderbilt)
Steel Tycoon (Andrew Carnegie)
Study any of these men to learn about the mega-rich at the turn of the century.
2006-11-07 08:13:20
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answer #1
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answered by Shane L 3
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Before the first World War, rich people usually were rich because their families owned land, which was farmed by tenant farmers. So the rich people themselves lived off rents and didn't have jobs as such. If you were doing a report on a rich man on the Titanic from England or Ireland then that would be correct. If you wanted to do it on someone from America, then it's possible that he would be rich because his family had money from a lucky strike by a father or grandfather in the goldrushes. Manufacturing and retail are also possibilities. One of the richest men in America was on the Titanic, and he made his money from oil.
2006-11-07 08:00:10
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answer #2
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answered by ladybird 3
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Regarding what I have read of history I just can tell you that majority of rich people in that time were hard working pioneers that founded companies which pioneered in some fields that today are the ruling business in the world: chemicals, oil exploitation, pharmaceuticals, metallurgical industry (specially steel manufacturing) and textiles.
Some others were just brokers or bankers that played the game of speculation and made fortunes with it.
Some other rich man (less rich) were eminent professors in universities and colleges.
Hope it helps!
Good luck!
2006-11-07 08:10:00
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answer #3
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answered by CHESSLARUS 7
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Getting rich depends on your ability to do the things that you are passionate about. And to look for what people want, so you can meet their needs. You can get rich regardless of your level of education. Anyone has talents, skills and experiences that can be given to the people around us. And if you use them rightly you will make a fortune. What is important is that you must know exactly what you want, and be determined to get it.
2016-05-22 08:18:44
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answer #4
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answered by Anonymous
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Most wealthy people were in banking, law, steel, railroads and shipping. But they did not work in the industry as much as oversee their holdings and make investments of the moneys that were earned. Most of the money was invested in the stock market and many of these individuals lost it all when the market crashed on Black Tuesday.
2006-11-07 08:06:58
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answer #5
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answered by Ashley B 1
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What about bankers, large ranch owners (cattle, horse, sheep, etc. traders), shipping bosses, factory owners (wasn't the assembly line born around that time)
2006-11-07 08:01:47
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answer #6
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answered by orangecrate 2
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Most did not have jobs. They inherited money that was earned by their families during the industrial revolution.
2006-11-07 08:00:05
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answer #7
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answered by louie 2
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jobs in the financial field. A lot were investment bankers.
2006-11-07 08:04:21
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answer #8
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answered by Pico 7
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Industrial business owners - no monopoly or environmental laws, no income tax.
2006-11-07 08:27:04
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answer #9
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answered by Lara 1
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Railroad owner.
2006-11-07 07:54:28
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answer #10
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answered by Isis 7
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