Franklin is probably the first person to found a university and then cut it completely out of its will. He founded the Philadelphia Academy, which went on to become the University of Pennsylvania. In his Coda sale, he added 10 months before he died, he takes 2,000 pounds. The British dollar was not yet official currency. But he took this money and he put it in two pots. One goes to Boston, 1,000 pounds sterling, one goes to the city of Philadelphia,.
If you want someone to manage your money then you better pay them. That’s just one lesson from Ben Franklin’s complicated financial life. Robert Brokamp talks with Michael Meyer, author of “Benjamin Franklin's Last Bet: The Favorite Founder's Divisive Death, Enduring Afterlife, and Blueprint for American Prosperity” about: - Franklin's mistakes in estate planning - The power of small, anonymous donations - Other fun facts about America's first celebrity Host: Robert Brokamp Guest: Michael Meyer Producer: Ricky Mulvey Engineer: Rick Engdahl
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