QUESTION 5 The Du Ponts of Delaware trace their lineage to France. The matriarch belonged to a minor royal family. They moved in 1800 to the United States where they established the Eleuthere Irenee, a company that manufactured gunpowder. This was eventually renamed as the E.I. du Pont de Nemours and Company. The family amassed massive wealth by selling gunpowder during the Civil War and by World War I, the family had a stronghold of the entire supply of gunpowder used by the United States. The family is related to the Astor family, the Rockefeller family, the Roosevelt family and the Vanderbilt family. They have played a role in some important events in American history, including the Louisiana Purchase. During the 1800's, the family carefully orchestrated moves in order to keep their wealth by arranging intra family marriages between cousins (endogamy). Today the Du Pont companies collectively employ up to 10% of the U.S. workforce. The Du Ponts are an example of O A rags-to-riches story A really hardworking family O New money Old money

QUESTION 5 The Du Ponts of Delaware trace their lineage to France. The matriarch belonged to a minor royal family. They moved in 1800 to the United States where they established the Eleuthere Irenee, a company that manufactured gunpowder. This was eventually renamed as the E.I. du Pont de Nemours and Company. The family amassed massive wealth by selling gunpowder during the Civil War and by World War I, the family had a stronghold of the entire supply of gunpowder used by the United States. The family is related to the Astor family, the Rockefeller family, the Roosevelt family and the Vanderbilt family. They have played a role in some important events in American history, including the Louisiana Purchase. During the 1800's, the family carefully orchestrated moves in order to keep their wealth by arranging intra family marriages between cousins (endogamy). Today the Du Pont companies collectively employ up to 10% of the U.S. workforce. The Du Ponts are an example of O A rags-to-riches story A really hardworking family O New money Old money

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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