Posted on 08/31/2009 12:16:55 PM PDT by presidio9
Sen. Edward Kennedy's family fortune not only fueled his brothers' presidential campaigns and his eight terms in the U.S. Senate, it also helped drive the family's liberal legacy and forge Kennedy's lifelong crusade for universal health care.
Just how wealthy was Kennedy when he died Tuesday at the age of 77 after a yearlong battle with brain cancer?
Untangling a family fortune that reaches back to the early days of the past century is murky business, but the annual federal financial disclosure reports Kennedy was required to file provide at least a' partial glimpse into his personal capital.
As a U.S. senator, Kennedy earned a base salary of $165,200 a year, but that just skimmed the surface of his net worth.
On the most recent report in 2008, which includes his own assets and those of his wife and any dependents, Kennedy listed a string of publicly and non-publicly traded trusts and assets. Under the filing rules, Kennedy was only required to place the value of those assets within a range, rather than give an exact dollar amount.
The report placed the net worth of his publicly traded assets somewhere between a low of $15 million and high of $72.6 million.
Just a year earlier,
(Excerpt) Read more at news.yahoo.com ...
Most of the Kennedy cousins have simply lived off and depleted the fortune. However, some have even increased their person fortunes mostly through marriage. Jackie by marrying the Greek shipping billionaire Aristotle Onassis and Maria Shriver marrying Arnold.
Might as well post her name and address here so we can give her some feedback.
Teddy’s wealth came because his pappy was a BOOTLEGGER!
So here we discover the secret fear at the source of the suicidal liberal mind. It is envy that makes a Nazi, a Communist or a terrorist. It is the fear of being envied that makes a liberal and is the source of "liberal guilt."This is most easily seen in the children of wealthy parents. Successful businessmen, for example, who have made it on their own normally have a respect for the effort and the economic system that makes success possible.
Their children, who have not had to work for it, are easier targets for guilt-mongering by the envious. So they assume a posture of liberal compassion as an envy-deflection device: "Please don't envy me for my father's money -- look at all the liberal causes and government social programs I advocate!"
Teddy Kennedy is the archetype of this phenomenon.
She was appointed Ambassador to Ireland by WJC.
He brought in German Mausers and Italian Carcanos by the boatload.
That's right, Italian Carcanos.
No doubt in my mind. Let the MSM describe how Teddy has sent his wealth to the "People".
Who b dat?
What am I looking at here?
Caroline Kennedy Scholossberg is reported to be worth 400-500 million
Who is this Howard Stern?
In my church, we periodically hear the Gospel account of Jesus telling the young man to sell all he has and give it to the poor, but I just go to a regular Catholic Church so what do I know?
I can believe that after the deaths of Jackie Onassis and JFK Jr. without any heirs she got the whole ball of wax.
She is the heiress to both Kennedy and Onassis wealth.
It's easy to determine who really ascribes to the belief and those who do not.
My little brother bought one of those Italian Carcanos and fixed it up for hunting. I think it would have been easier to club the deer to death with it than to shoot it. We still laugh about that gun and how bad it was.
I recall a story from years ago. Supposedly Joe Kennedy called a meeting of all the children and their spouses. He told them the family was starting to live off his capital and they would have to cut back on spending. One of the sons piped up and said: “well dad you will just have to work harder”.
“Dat” be Caroline Kennedy Schlossberg’s daughter, I believe.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.