Hetty Green The Richest Woman Who Lived Like a Beggar

Hetty Green: The Richest Woman Who Lived Like a Beggar Hetty Green, known as the “Witch of Wall Street,” became the richest woman in America by buying what others feared and holding what others sold. She wore the same black dress until it faded to green, reportedly heated her oatmeal on a radiator, and still built a fortune of more than $100 million. In this video, we follow her story from a Quaker whaling family in New Bedford to the vaults of Chemical National Bank, and see how she grew richer during every financial panic. In this video: How a childhood at her father’s counting house taught her finance The 1867 Sylvia Howland will trial, an early use of statistics in a courtroom Her strategy: cash reserves, no borrowing, and buying when others were forced to sell How she profited from the panics of 1873 and 1893 Her million-dollar loan to New York City during the Panic of 1907 What happened to her fortune after she died in 1916 If you enjoy stories about the people who shaped money, business, and history, subscribe to The Industry Files and turn on notifications so you don’t miss the next one. Subscribe:    / @industryfilesyt   #HettyGreen #WitchOfWallStreet #RichestWoman #FinancialHistory #WallStreet