Accumulated Wealth Quotes

Any man who dies with more than $10000 to his name is a failure.

Not the number of noses, but the magnitude of interests, should furnish the elements by which the proportion of representation should be computed...The classes that represent civilization, the holders of accumulated capital and accumulated thought have a right to require securities to protect them from being overwhelmed by hordes who have neither knowledge to guide them nor stake in the Commonwealth to control them.

I had made a great deal of money, and I was proud of it. I was a capitalist.

Sir John Hall was a multi-millionaire when I came back to Newcastle. With all the players I've bought, I'm trying to make him just an ordinary millionaire.

He has not acquired a fortune; the fortune has acquired him.

One tends to overlook the fact that all during the 30's and actually during the late 40's I was a highly successful writer and a great many properties accumulated during that period of time.

I accumulated in those years so fine a surplus in the Book of Observance that I have been drawing confidently upon it ever since.

What's at the end of a million dollars? Zero, zero, zero... nothing. A circle with a hole in it.

Every generation enjoys the use of a vast hoard bequeathed to it by antiquity, and transmits that hoard, augmented by fresh acquisitions, to future ages.

We're seeing a new 'Gilded Age,' where inheritance is a deciding factor in who becomes the wealthiest.

No man, however benevolent, liberal, and wise, can use a large fortune so that it will do half as much good in the world as it would if it were divided into moderate sums and in the hands of workmen who had earned it by industry and frugality. The piling up of estates often does great and conspicuous good.... But no man does with accumulated wealth so much good as the same amount would do in many hands.

We don't recognize the power of compounding.

And those are the Rich, who transmit what they have to their Posterity; whereby particular Families become rich; and of such are compounded Cities, Countries, Nations, etc.

Furthermore, there is no good ethical or economic reason for asking workmen and current producers to forego all economic gain in order to increase the purchasing power of all the wealth accumulated in past years.

… one accumulates or one gets accumulated.

Wealth is an inborn attitude of mind, like poverty. The pauper who has made his pile may flaunt his spoils, but cannot wear them plausibly.

We all are rich and ignore the buried fact of accumulated wisdom.

As water collected in a tank gets pure by filtration, so accumulated wealth is preserved by being employed in charity.

Success produces success, just as money produces money.

Once constituted, capital reproduces itself faster than output increases. The past devours the future.