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Michael Schmitz

Michael Schmitz is the deputy editor of Finance Friday. Before that, he served as a real estate agent, selling luxury homes, he now has a portfolio of homes worth $12 million!
Surprising Wealth Stories

Bindo Altoviti: A Different Kind of Banker?

By Michael Schmitz, 3 yearsApril 29, 2022 ago
Surprising Wealth Stories

David Sassoon: The Rise of The Sassoon Family

By Michael Schmitz, 3 yearsApril 8, 2022 ago
Surprising Wealth Stories

How Emilio Botin Transferred Santander Into a Banking Giant!

A fourth generation banker, Emilio Botin turned a small family-owned bank in northern Spain into one of the largest banks not just in the world! And he did this with little more than a strong vision and hard work. Early Life Emilio Botín-Sanz de Sautuola García de los Ríos was Read more…

By Michael Schmitz, 3 yearsFebruary 25, 2022 ago
A digitally retouched old newspaper photograph of Goldman Sachs co-founder Samuel Sachs circa 1920
Surprising Wealth Stories

How Samuel Sachs Revolutionized Investment Banking!

Though Marcus Goldman is the more famous of the two name partners behind Goldman Sachs, it was Samuel Sachs who turned it from a single office operation into a firm with a global reach and hundreds of clients across the country! A pioneer, Samuel Sachs redefined the term “investment banking” Read more…

By Michael Schmitz, 3 yearsJanuary 21, 2022 ago
A portrait of Giovanni di Bicci de' Medici wearing a Florentine working class red gownred
Surprising Wealth Stories

How Giovanni di Bicci de’ Medici Founded Europe’s Wealthiest Dynasty!

Long before the Medici family were Popes, Princes and Dukes, they were wealthy bankers. Through their Medici Bank, founded by Giovanni di Bicci de’ Medici, they became the premier banking house in Europe in the Middle Ages, long before the Rothschilds showed up… Indeed, it was Giovanni di Bicci de’ Read more…

By Michael Schmitz, 3 yearsJanuary 7, 2022 ago
Baron Edmond Adolphe de Rothschild wearing glasses and business suit circa 1961
Surprising Wealth Stories

How Edmond Adolphe de Rothschild Became The Richest Rothschild of Them All!

A scion of the French branch of the Rothschilds who found his fortune in Switzerland, Baron Edmond Adolphe de Rothschild was said to be the single richest member of the family worth an estimated $300 billion. Despite his Ancestry As a member of the Rothschild family, Edmond Adolphe de Rothschild Read more…

By Michael Schmitz, 3 yearsDecember 31, 2021 ago
Surprising Wealth Stories

How Rollin King Helped Found Southwest Airlines… And Was Forgotten

Early Life Rollin White King was born in Cleveland, Ohio on April 10 1931 to Griffin and Elizabeth King. Born at the height of the Great Depression, the King family struggled to make ends meet just as many other families in the Depression did. Growing up in arguably the worst Read more…

By Michael Schmitz, 4 yearsNovember 5, 2021 ago
Cigar kingpin-turned media baron William S. Paley sitting at a desk in front of radio broadcasting equipment
Surprising Wealth Stories

How William S. Paley Became The King of All Media

Though seldom remembered, even by the struggling company he turned into a giant, William S. Paley is one of those entrepreneurs that without, the world would be a wholly different place. In this case, for the worse. A radio and TV broadcasting pioneer, Paley helped turn CBS from a struggling Read more…

By Michael Schmitz, 4 yearsOctober 29, 2021 ago
A drawing of Stephen Girard wearing typical 19th clothing sat facing his right for a portrait
Surprising Wealth Stories

How Stephen Girard Became The Richest Person You’ve Never Heard of…

Though his name and wealth have since been lost to time, during the mid-to-late 19th century, almost everyone had heard of Stephen Girard, the richest man in the United States and the world for that matter! Early Life Though he would one day become the richest man in the world, Read more…

By Michael Schmitz, 4 yearsSeptember 17, 2021 ago
Conrad Hilton: a black and white photo of a well-dressed man in a suit staring into the camera
Surprising Wealth Stories

Conrad Hilton: Inside The Incredible Life of The “Hotel King”

During his lifetime, Conrad Hilton went from the son of an immigrant, to respected WWI officer and veteran, to being both well-respected and feared within his industry, earning him the nickname “Hotel King” for his hotel empire! As the progenitor of the Hilton family that still owns a portion of Read more…

By Michael Schmitz, 4 yearsJune 18, 2021 ago

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