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John D. Rockefeller founded the Standard Oil company in 1870. He was the first American billionaire and one of the richest men to ever live. I am sure many people today wish they could have walked in his shoes. If, somehow they could, I think some would find it to be eye-opening.
Are you richer than John D. Rockefeller?
As wealthy as he was, Rockefeller might have had anything that money could buy. But what a few hundred dollars may buy today, couldn’t be bought with millions 150 years ago.
Today, we have central heating and air conditioning, cars, planes, Tempur-Pedic mattresses, iPods, and millions of other gadgets. Even Rockefeller in his day couldn’t buy air conditioning. Maybe he had fifteen people fanning him on a hot summer’s day (because he could afford it), but I would rather have air conditioning. He probably had chauffeurs to take him by horse and buggy all around town, but I would much rather be riding in a ten-year-old Chevy. Wouldn’t you?
If we change the way we think of “wealth” and compare our standard of living to Rockefeller’s, we’re doing pretty good. In fact, I would go as far to say the majority of Americans live an all-around more “comfortable” life than Rockefeller did. Who then, is actually richer?How much do we really need to be happy?
If your household annual income is over $50,000, then you are in the top 1% richest in the world. (See for yourself at www.GlobalRichList.com) And if we can agree that most of us are living a more comfortable life than a billionaire at the turn of the Twentieth Century, then shouldn’t we be happy with what we have?
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