Why Was Solomon So Rich? King Solomon was made rich through commerce, trading, gifts he received, tribute money paid to him and heavy taxation. Five talents of gold or silver would make you a multimillionaire by today’s standards. A talent in parables during the Old Testament was equivalent to 20 years of wages for the
What Did Carnegie Believe The Wealthy Should Do With Their Money? After retiring in 1901 at the age of 66 as the world’s richest man, Andrew Carnegie wanted to become a philanthropist, a person who gives money to good causes. He believed in the “Gospel of Wealth,” which meant that wealthy people were morally obligated
How Does Carnegie View Inequality? Sumner’s stance on inequality differs from that of Andrew Carnegie, who believed it was the responsibility of the rich to distribute their excess wealth for the good of society. … In addition, Carnegie believed that inequality was an inevitable byproduct of social evolution beyond human control. How did Carnegie think