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Amadeo Pietro Giannini ( Italian pronunciation: [amaˈdɛːo ˈpjɛːtro dʒanˈniːni] ), also known as Amadeo Peter Giannini or A. P. Giannini (May 6, 1870 – June 3, 1949) was an American banker who founded the Bank of Italy, which eventually became Bank of America. Giannini is credited as the inventor of many modern banking practices.
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Feb 23, 2019 · When Amadeo Giannini passed away in 1949, his net worth was just as little as US$500.000. You might think that’s a meagre sum for the greatest Italian American banker of all time. The truth is that every time Giannini’s fortune would exceed his imaginary limit, he would give the money away to education or charity.
Among the many obituaries there is one worth mentioning: 1949 - 3 June - The Modesto Bee - Death Calls A.P. Giannini, Bank of America Head - San Mateo, June 3 - Amadeo Peter Giannini, boy produce peddler who fought his way up to become the world's biggest banker, died today of a heart ailment. He was 78, and had been ill with a cold for a month.
When Amadeo Giannini passed away in 1949, his net worth was just as little as US$500.000. You might think that's a meagre sum for the greatest Italian American banker of all time. The truth is that every time Giannini's fortune would exceed his imaginary limit, he would give the money away to education or charity.
Dec 7, 1998 · When Giannini died at age 79, his estate was worth less than $500,000. It was purely by choice. He could have been a billionaire but disdained great wealth, believing it would make him lose touch...
Nov 2, 2016 · Giannini died in 1949 with a lower net real worth than when he sold his produce business nearly a half-century before. He believed "no man actually owns a fortune; it owns him."
