David Rosenthal: belief

Transcript context

…And frankly, the incredible amount of work that he had done. Standard Oil had some trying times. He's not new to stress. Yup. This is really my interpretation here. Some I think comes from Chernow, but he loved every minute of Standard Oil. I think if it were just Standard Oil, I don't think any of this would have happened. I really think the weight of this wealth and this philanthropy was like this albatross just hanging around his neck. Let me give a quick scope for a moment when you say the weight of his wealth. Let's talk about his wealth so far at this point in time and then we can check in later and update the numbers. In 1890, he was generating $10 million in annual income just from Standard Oil dividends, from a variety of sources. Inflation-adjusted, it’s like 30x today.…

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