You Can't Take It With You: The Life and Afterlife of America's Greatest Fortunes
Why do people want to become very rich? In this series, Eric Schoenberg, a psychologist who studies the behavior of the very wealthy, offers an answer by looking at the stories of nine Americans who became among the richest people of their time, with a particular focus on what happened to their great wealth after they died.
You Can't Take It With You: The Life and Afterlife of America's Greatest Fortunes
5. Am I My Brother's Keeper?
•
Eric Schoenberg
•
Season 1
•
Episode 5
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
Charles Tiffany was so brilliant at marketing luxury to the newly minted millionaires of the gilded age that he left $12 million to his four children when he died in 1902. Not trusting his younger son Burnett to manage his money wisely, he created a $1.5 million trust for him overseen by his older son Louis. Indeed, Burney went bankrupt less than two years later... but only because Louis refused to pay off a $25,000 debt for furniture Burney had bought for his new wife.
