Hetty Green - Wall Street billionaire has a miserable life, causing his son to have his leg amputated because he loves money too much

The genius wizard of Wall Street - Hetty Green - is famous for his wealth and stinginess. She is the only woman to have amassed a fortune of about $100-200 million, or $2.35-4.7 billion according to inflation as of 2021.

Hetty Green (born Henrietta Howland Robinson) was born in 1834 and was the only child in a family that owned the richest whale business in New Bedford, Massachusetts. Because Hetty's mother was too sick, taking care of her daughter was left to the father and grandfather. They taught Hetty how to manage money wisely from a young age. Every evening instead of reading late-night stories to their daughter, they read the stock market news to Hetty.

Hetty Green is a born financier. At the age of 6, while his peers were still floating with fairy tales, Hetty Green became familiar with stock market reports because he often listened to him explain and analyze them. Those days helped Hetty have a solid financial foundation. Owning her first bank account at the age of 8, Hetty entered the Eliza Wing boarding school at the age of 10 at the age of 10. Although a poor student in most subjects, her talent with numbers is undeniable. The writing was like a rooster, always misspelled, but Hetty always knew the numbers. More importantly, she knows how to make them grow.

At the age of 13, Hetty took on the position of accountant for the family business. Both family and school taught Hetty one thing: "You don't need much to live, and the point of making money is to save, not spend." Therefore, from a young age, Hetty was greatly influenced by the idea of living frugally, thriftily and always paying attention to the value of money above all.

Hetty's father at this time wanted his daughter to become luxurious, associate with the upper class and marry a rich family, so he gave her $ 1,200 to buy clothes. However, Hetty deposited $1,000 in the bank and found old clothes to wear with the remaining $200. As a result, Hetty was not noticed by any wealthy family at school parties with the elite.

It was even the effects of self-interest among the elite that Hetty was so afraid of the diggers. She swore to herself that she would never marry a mediocre man with no possessions. At the age of 20, Mr. Green continued to buy Hetty a wardrobe full of the most beautiful and trendy clothes, in the hope that his daughter would seduce a rich man to marry. But in the end, Hetty sold all her clothes and used the money to buy government bonds.

At the age of 33, Hetty Green got into a chariot with Edward Henry Green, who was 12 years older than her, also a rich person, but much less than her. In fact, Hetty did not love her Edward Henry Green husbands. Even so, Hetty could not fight the social stereotypes about getting married and having to have children.

After his father died in 1865, Hetty Green inherited a fortune of up to 5 million USD, equivalent to 15 million USD now (nearly 348 billion VND). As soon as she received a huge inheritance, she made a big deal. She used all her money to buy up government bonds, although many at the time considered it "crazy" during the time the civil war had just ended. She bought very cheap bonds from traders. In the end, as expected, she reaped huge profits.

With the motto "buy cheap, sell high", choose the right time, Hetty has quickly succeeded in the stock, real estate, business and bond markets. In some years, Hetty's investment profit amounted to 1.25 million USD. Some days, Hetty earns up to 200,000 USD thanks to smart speculative decisions. In addition to speculative deals, Hetty also made loans at interest, and by 1905 she had become the largest creditor in New York.

Despite possessing a huge fortune, Hetty lives extremely frugally, even stingy. Every day she goes to work she brings a cage briefcase, which contains only biscuits and oatmeal. Each cake costs 15 cents. Clothes consisted of only a few old wrinkled black skirts, and underwear was only changed when they were worn. She once shared with colleagues that only wash the hem of the skirt when they are dirty to save soap. She also never took a hot bath or used the heater no matter how cold it was.

Even the "Wall Street witch" rarely washes her hands for fear of wasting soap. In addition, she used an old horse-drawn carriage. She even stayed up all night to find a 20-cent stamp, or did not light the candles on the 21st birthday cake, but removed it and put it away for the next birthday.

Hetty's two children only wear old clothes and live like normal children, not even equal. She always bargained for every penny she bought in the store. In the cold winter, instead of buying warm clothes, Hetty lined many layers of newspapers inside her skirt to keep warm. She reused old envelopes and was slow to pay lawyers and doctors.

Even the pain of her illness did not change her character. After 20 years of suffering with a hernia, she finally let Dr. Henry Pascal examine her in 1915. The doctor determined that she had a severe hernia. He immediately informed her that her hernia was very serious and needed urgent surgery. When told the cost was 150 USD, she scowled at the doctor: "So are you! A bunch of bandits!" then left the clinic.

Besides, the biographer said that, when his son Ned injured his leg in an accident, Hetty let him wear old clothes to go to a free private clinic for the poor. When the doctors recognized the "Witch of Wall Street", they immediately made her pay for the hospital. Hetty just kept quiet and left, trying to cure her leg with herbs at home. As a result, without timely and proper treatment, Ned's leg became necrotic and had to be amputated.

Meanwhile, Hetty's daughter Sylvia is also affected by her stinginess. Sylvia had to live with Hetty until the age of 30 but could not get a husband because her mother refused all marriages, believing that men only wanted Sylvia's inheritance.

It was not until 1909 that Sylvia married Matthew Astor Wilks after 2 years of persuasion. He is one of the heirs of the Astor family and had to contribute $2 million to prove he didn't care about Sylvia's fortune before Hetty agreed to marry him. However, the two still have to make a prenuptial agreement to ensure that Matthew does not touch Sylvia's property.

Hetty Green's love for money makes her do everything to protect her property. Married to her husband Edward Henry Green, she made him sign a prenuptial agreement to keep the two financially independent. When her husband had a difficult time in business, he asked his wife for help, and Hetty refused. She believes that even though they live together, their finances are completely separate, she has no obligation to help her husband. At that time, Hetty's net worth was estimated at $25 million. With no money, no guarantee from his wife, Edward's company went bankrupt. Edward was extremely embarrassed by this. The two broke up not long after that.

For the next 25 years, Hetty and her two children lived in rented apartments in New York and New Jersey. She constantly changed places for fear of assassination and to avoid the "eyes and eyes" of both the press and tax collectors. Someone also said that Hetty Green always has a gun in her person, ready to point it straight in the face of those who dare to touch ... her wallet.

In 1916, Mrs. Hetty died of illness, leaving an estimated fortune of $200 million to her two children, after making a donation to charity. His son Ned becomes a collector of expensive things, marries his first love, whom Grandma Hetty has staunchly opposed. And Sylvia married and enjoyed a rebellious, free, childless life.

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