The Myth of The Robber Barons.

Patrick Boyle On Finance - A podcast by Patrick Boyle

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The term robber baron is frequently used to describe men like Cornelius Vanderbilt, John D. Rockefeller and Andrew Carnegie, along with other powerful 19th-century American industrialists. These men came from nowhere and made fortunes building out Americas industrial infrastructure.  In their pursuit of wealth, they put railroads in place, provided energy to American homes and manufactured the steel that built American cities.  Many of the 19th Century American industrialists ended up giving away the majority of their fortunes in great acts of philanthropy.  Is it right to call them Robber Barons?Patrick's Books:Statistics For The Trading Floor:  https://amzn.to/3eerLA0Derivatives For The Trading Floor:  https://amzn.to/3cjsyPFCorporate Finance:  https://amzn.to/3fn3rvCPatreon Page: https://www.patreon.com/PatrickBoyleOnFinanceVisit our website: www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoylePatrick Boyle YouTube Channel Support the show