Wealth Loomis Quotes

“Loomis was not any easier a father than he was a husband. He set the bar very high when it came to his three sons. After he cashed out of Bonbright, he awarded each of the three boys a substantial share of their inheritance - roughly $1 million - on the theory that it was never too early to begin charting one's own course. The youngest, Henry, was only fourteen when he was given complete financial independence.”
― Jennet Conant, Tuxedo Park: A Wall Street Tycoon and the Secret Palace of Science That Changed the Course of World War II