Are the Kennedys old money?
Are the Kennedys old money?
From political power players like the Bushes, Clintons, and Kennedys, to the oldest of old money like the Rockefellers, Du Ponts and Astors – money and power have been passed down these bloodlines for hundreds of years.
Who inherited Ted Kennedys money?
Joe set up his first trust fund for Rose and the children then-born in 1926. Another was created in 1936, and yet another in 1949. The last one was the trust through which Kennedy planned to distribute most of his wealth to his 28 grandchildren.
How are the Kennedys so rich?
Kennedy was born to a political family in East Boston, Massachusetts. He made a large fortune as a stock market and commodity investor and later rolled over his profits by investing in real estate and a wide range of business industries across the United States.
