Joseph Patrick Kennedy (September 6, 1888 - November 18, 1969) was an American businessman, investor, and politician known for his high-profile positions in United States politics. Kennedy was married to Rose Kennedy, and three of their nine children attained distinguished political positions: President John F. Kennedy (1917-1963), Attorney General and Senator Robert F.
Kennedy was born to a political family in East Boston, Massachusetts. He embarked on a career in business and investing. He first made a large fortune as a stock market and commodity investor. Kennedy later rolled over his profits by investing in real estate and a wide range of business industries across the United States.
Kennedy grew his fortune with distribution rights for Scotch whisky. His company, Somerset Importers, became the exclusive American agent for Gordon's Gin and Dewar's Scotch. In addition, Kennedy purchased spirits-importation rights from Schenley Industries, a firm in Canada.
Kennedy's term as ambassador and his political ambitions ended abruptly during the Battle of Britain in November 1940, with the publishing of his controversial remarks suggesting that "Democracy is finished in England. It may be here, [in the US]." Kennedy resigned under pressure shortly afterward.
Joseph P. Kennedy, Sr. Net Worth: $100 Million
Per Year: $20 Million
Per Month: $2 Million
Per Week: $500,000
Per Day: | Per Hour: | Per Minute: | Per Second: |
$70,000 | $3,000 | $50 | $1.00 |
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