Who became Millionaires During the Depression and How Did They Do It?
Someone posted a thread earlier about the top ten most successful businesses during the Great Depression. Someone else pointed out that most of these businesses benefited mainly from WWII, part of the Military Industrial Complex, etc.
My question is besides investing heavily in the Military Industrial Complex, who became millionaires in the 1930s and how did they do it? In other words who went from rags to riches during this period? I'm sure some (maybe most if not all?) of the millionaires held gold during this period.
I'll take the "booze" business
Quote:
Originally Posted by
ladyjade3
So the gist of this thread is... sell whoopie cushions or insinuate yourself into the military industrial complex. ??? C'mon. We're more creative than that.
Unregulated, Untaxed and popular during a depression. Not sure if it qualifies as "honorable" though. At any rate those who can produce goods people need or want desperately at a good price can do quite well. The revenuers usually lose their clout during a depression.