WEALTHY 400
The J Paul Getty story:
Money did not buy an easy life for J Paul Getty III who has died at the age of 54. J Paul Getty III, and son Balthazar, have considerable connections to celebrities, Mick Jagger,Sienna Miller, Yves Saint Laurent, Elizabeth Taylor. J Paul Getty III became a party animal, while he suffered through much tragedy in his life, his wealth afforded him much pain partially as a result of his behavior and the tragic experience of his 1973 kidnapping by the Italian Mafia.
Only three out of the Forbes list of richest Billionaires can be regarded as self starters according to Born On Third Base, By Nick Thorkelson. The rags to riches stories are often not told in a totally up front way, especially about how the wealthy got started. If they inherited wealth like the father of J Paul Getty III, J Paul Getty Jr, the troubles often follow them. Mostly this occurs because the very wealthy inherited great wealth and did not struggle along the way to achieve their wealth. It appears there is balance created in those who learn to appreciate what they have as a result of experiencing the challenges and triumphs of success though personal failure and personnel endeavors. Thus those billionaires who inherited wealth, are exposed and unprepared for the dangers and unpredictable outcomes that wealth can create. Such an outcome unfolded in the famous kidnapping of J Paul Getty III in 1973. His father J Paul Getty Jr. ultimately paid over $2,000,000 in ransom money to release his son. J Paul Getty Jr., to his credit, he gave away more than $200 Million to UK charities before his death at the age of 70. John Paul Getty III is survived by his two children, son Balthazar and stepdaughter Anna, and six grandchildren and his brother billionaire Gordon Getty. The family wealth originally was derived from J Paul Getty III, grandfather, J Paul Getty. See his history. However, even his wealth was originally achieved partially by having the advantage of being a son of a millionaire in the Oil Business in the 1800's.
If you are in the Los Angeles area check out the J Paul Getty museum and Hollywood homes tour.
You will see the Getty collection of art and view magnificent celebrity homes if you take the tour.
Another Heir with trouble is Edgar Bronfman Jr. The Seagram Heir's music business has gone a wry. See his troubles with an insider trading conviction. Perhaps it becomes hard when business wealth can becomes to much to manage. However, if you created your business from rags to riches the experience it seams would provide better vision to avoid problems. You may wish to read Fortune's Fool, a book by Fred Goodman, if you wish to discover more about the fast moving music business and Mr Bronfman's world.
Only three out of the Forbes list of richest Billionaires can be regarded as self starters according to Born On Third Base, By Nick Thorkelson. The rags to riches stories are often not told in a totally up front way, especially about how the wealthy got started. If they inherited wealth like the father of J Paul Getty III, J Paul Getty Jr, the troubles often follow them. Mostly this occurs because the very wealthy inherited great wealth and did not struggle along the way to achieve their wealth. It appears there is balance created in those who learn to appreciate what they have as a result of experiencing the challenges and triumphs of success though personal failure and personnel endeavors. Thus those billionaires who inherited wealth, are exposed and unprepared for the dangers and unpredictable outcomes that wealth can create. Such an outcome unfolded in the famous kidnapping of J Paul Getty III in 1973. His father J Paul Getty Jr. ultimately paid over $2,000,000 in ransom money to release his son. J Paul Getty Jr., to his credit, he gave away more than $200 Million to UK charities before his death at the age of 70. John Paul Getty III is survived by his two children, son Balthazar and stepdaughter Anna, and six grandchildren and his brother billionaire Gordon Getty. The family wealth originally was derived from J Paul Getty III, grandfather, J Paul Getty. See his history. However, even his wealth was originally achieved partially by having the advantage of being a son of a millionaire in the Oil Business in the 1800's.
If you are in the Los Angeles area check out the J Paul Getty museum and Hollywood homes tour.
You will see the Getty collection of art and view magnificent celebrity homes if you take the tour.
Another Heir with trouble is Edgar Bronfman Jr. The Seagram Heir's music business has gone a wry. See his troubles with an insider trading conviction. Perhaps it becomes hard when business wealth can becomes to much to manage. However, if you created your business from rags to riches the experience it seams would provide better vision to avoid problems. You may wish to read Fortune's Fool, a book by Fred Goodman, if you wish to discover more about the fast moving music business and Mr Bronfman's world.
