Julius Rosenwald
Julius Rosenwald
Julius Rosenwaldwas an American businessman and philanthropist. He is best known as a part-owner and leader of Sears, Roebuck and Company, and for establishing the Rosenwald Fund, which donated millions in matching funds to support the education of African American children in the rural South, as well as other philanthropic causes in the first half of the 20th century. He was the principal founder and backer for the Museum of Science and Industry in Chicago, to which he gave more...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth12 August 1862
CitySpringfield, IL
CountryUnited States of America
I have always believed that most large fortunes are made by men...who tumbled into a lucky opportunity. Hard work and attention to business are necessary, but they rarely result in achieving a large fortune. Do not be fooled into believing that because a man is rich, he is necessarily smart. There is ample proof to the contrary.
I can testify that it is nearly always easier to make $1,000,000 honestly than to dispose of it wisely.