Fred Bell
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Fred Bell
Thomas Frederick Bell, Jr. (May 10, 1875 – June 9, 1934) was an American millionaire heir, the son of banker Thomas Bell and his wife Teresa. Mary Pleasant litigation Bell's father had been an associate of African-American businesswoman Mary Ellen Pleasant, and with her assistance he had built a fortune of $30 million ($ million today). He died in 1892 after falling down a flight of stairs, leaving a third of his estate and a substantial allowance to his family. Mary Pleasant and Teresa Bell oversaw the family finances together, but by 1897 the family was deeply in debt. Fred Bell blamed Pleasant, and he filed a series of lawsuits directed at gaining control of the estate. The litigation perpetuated the image of Pleasant, a light-skinned woman who had once passed for white, as a devious " mammy." The first lawsuit, filed against Teresa, claimed that she was wasting the family fortune under Pleasant's influence, and demanded that she be removed as head of the household. Two ...
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Millionaire
A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. Depending on the currency, a certain level of prestige is associated with being a millionaire. In countries that use the short scale number naming system, a billionaire is someone who has at least a thousand times a million dollars, euros or the currency of the given country. Many national currencies have, or have had at various times, a low unit value, in many cases due to past inflation. It is obviously much easier and less significant to be a millionaire in those currencies, thus a millionaire (in the local currency) in Hong Kong or Taiwan, for example, may be merely averagely wealthy, or perhaps less wealthy than average. A millionaire in Zimbabwe in 2007 could have been extremely poor. Because of this, the term 'millionaire' generally refers to those whose assets total at least one million units of a high-value currency, such as the United States dollar, Euro, o ...
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