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John F. Kennedy's Legacy

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Through sickness, threats of communism and multiple deaths in the family, John Fitzgerald Kennedy was not only the image of perfection, he was the shining image everyone wanted him to be and wished he really was. The golden image of President Kennedy had to start somewhere, and before John Kennedy was a twinkle in his father’s eye, and before his father was a twinkle in his father’s eye, the Kennedy legacy was already starting. The legacy started as an image of his great grandfather who emigrated to America in April of 1849, where he and his wife later bought what is now a modern grocery store. Through hard work they acquired profits which were passed on to their son P.J. Kennedy, who, as the only surviving male in the family, received a formal education. At the age of fourteen he left school to work, with the money he earned from both …show more content…
By the time of his death in 1929, P.J. held an interest in a coal company and a large stock in a bank. Naturally only having one son, Joe Kennedy Sr., the son inherited the entirety of his wealth. In 1912, John F. Kennedy’s father graduated from harvard with an A.B. in economics. With his family already being well known in Massachusetts, he was a prime pick for state office jobs, and began a state job, as a bank examiner, which allowed him to learn invaluable experience in the banking and business fields. The Columbia Bank, which held his fathers shares, was under threat of going bankrupt, so to counteract this, Joe Sr. used a portion of his families money, $45,000, to resurface the bank. $45,000 dollars in todays terms is $1.1 million dollars, as a reward he became the “youngest bank president in America” at 24. in 1929, the Kennedy’s family fortune was estimated to be approximately $55 million dollars and by 1935 the fortune was worth approximately $3.1 billion dollars (in todays times). Joe and his wife Rose had nine children, four boys,

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