Joseph Kennedy's Net Worth Is $523,250,000

By RichButBroke.com
Monday, April 30, 2012
 
Joseph Kennedy Net Worth Jump To Joseph Kennedy's Stats
There are few men who can claim that their family amounted to royalty in the U.S., but Joseph Kennedy can.  Joseph Kennedy Sr.  fathered three United States senators, one of which when on to become the President.  His lineage also includes a bevy of grandchildren and great grandchildren that have gone on to public service in politics or other professions.  The Kennedy political influence during the middle of the 20th century continues to this day.  

Kennedy applied his knack of making friends and recognizing opportunity into a multi-million dollar dynasty.  As he started out in the business world, he took advantage of his ability to acquire information in the stock market and make insider trading moves that were legal then.  As his nest egg grew, he then took advantage of the repeal of prohibition to secure the exclusive rights to import premium alcohol brands that would generate tremendous profits.  As the stock market crash approached, Kennedy secured his future by leveraging everything he had with real estate and selling short – a linchpin that would make him one of the richest individuals in America.  

With his status and wealth secure, he had earlier befriend Franklin D.  Roosevelt – a future U.S.  President.  With the backing of Kennedy, Roosevelt became a tremendous force to address a nation suffering from a deep economic depression.  As a reward, Kennedy became Roosevelt's choice to become the first head of the Security and Exchange Commission – a new regulatory body designed to regulate the abuses of the stock market.  

Kennedy, ever the money maker, took advantage of his business acumen and invested in the movie making business in the mid 1920s.  His ability to spot troubled enterprises and turn them into profitable concerns continued as he put together a consortium that became RKO Studios and a major player in Hollywood releases.  

Kennedy suffered through three of his children’s death.  His first son Joe died during the second world war.  His son John was assassinated before he could complete his first term as a U.S.  President.  His son Robert was assassinated in Los Angels during his campaign to become the U.S.  President in 1968.


Bottom Line: By controlling his lifestyle and spending less than he makes, Joseph earns $24,650,000 per year after lifestyle, taxes and other expenses.


Joseph Kennedy's Wealth
How rich is Joseph Kennedy? $523,250,000
How much does Joseph Kennedy earn? $24,650,000
How does Joseph Kennedy make money? Business , Criminal
How old is Joseph Kennedy 48
Is Joseph Kennedy married? 1 time(s)
Does Joseph Kennedy have kids? 9 children
Financial Advice Has true wealth. Could loosen the purse strings and still not go broke.
Interesting Facts About Joseph Kennedy
Nicknames Joseph Patrick Joe Kennedy, Sr.
What is Joseph Kennedy's Birthday? Tuesday, November 18, 1969
What is Joseph Kennedy's Sign? Scorpio
How Tall Is Joseph Kennedy? 5 feet 11 inches
Is Joseph Kennedy gay ? Straight
Joseph Kennedy's Nationality American



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