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Meanwhile, Bill Gates in 1999 was worth nearly $150 billion in dollars adjusted to 2018. [4] Elon Musk has since surpassed John D. Rockefeller as the richest person in the history of the United States, and of modern history, according to size of wealth compared to GDP. In December 2024 his wealth reached $474 billion dollars (1.61% of USA's GDP ...
Harry Truman was among the poorest U.S. presidents, with a net worth considerably less than $1 million. His financial situation contributed to the doubling of the presidential salary to $100,000 in 1949. [5] In addition, the presidential pension was created in 1958 when Truman was again experiencing financial difficulties. [6]
In 1953 Howard Hughes gave all his stock in the Hughes Aircraft Company to the newly formed Howard Hughes Medical Institute, thereby turning the aerospace and defense contractor into a tax-exempt charitable organization. The Howard Hughes Medical Institute sold Hughes Aircraft in 1985 to General Motors for $5.2 billion.
In the Oval Office for just three years, Gerald Ford grew his net worth by 400% from the time he entered the White House in 1974 until his death in 2006, according to the American University study.
A Coconut Grove, Florida estate with deep ties to American aviation legend Howard Hughes has listed for a staggering $55.5 million, The Post has learned. ... In his later years, his life took a ...
Howard Robard Hughes Sr. was born on September 9, 1869, in Lancaster, Missouri, the son of Jean Amelia (née Summerlin; 1842–1928) and Judge Felix Turner Hughes (1837-1926). Hughes's older sister Greta, better known by her stage name Jeanne Greta, was a grand opera and concert singer. [ 1 ]
Full Year Highlights. 2012 net income was $77.0 million, excluding the $(185.0) million non-cash warrant loss and $(20.3) million non-cash loss relating to a reduction in the tax indemnity ...
It is unclear which sound-era production superseded it as the most expensive film, although this is commonly attributed to Hell's Angels (1930), directed by Howard Hughes; the accounts for Hell's Angels show it cost $2.8 million, but Hughes publicised it as costing $4 million, selling it to the media as the most expensive film ever made. [214]