## Step 2 - Reading

#### A Tale of Two Millionaires

You are going to read two stories about rich people.

- Read the stories and do the assignment 1.
- Read the questions.
- Read the stories again and do the assignment 2.

#### Assignment 1

On your own

- Answer the questions.

In your group

- Compare your answers.

Copy and fill in the grid (on your own) and discuss the answers in your group.

(use key words) | Milton Petrie | Hetty Green
where |  |
parents |  |
childhood |  |
vision on money |  |
inheritance |  |

Milton Petrie Every morning billionaire Milton Petrie walked from his New York apartment and bought a newspaper from a ragged old man on the street corner. One morning the man wasn’t there. Petrie learned that he was very ill and was in the city hospital. Immediately, Petrie went to the hospital and paid for the old man’s medical bills. Later, when the old man died, Petrie also paid for his funeral. The old man was just one of many people that Milton Petrie helped with his money. Whenever he read about personal disasters in the newspaper, Petrie sent generous checks, especially to the families of police officers or fire fighters injured at work. He also sent checks to a mother who lost five children in a fire, and a beautiful model, whose face was cut in a knife attack. It cost him millions of dollars, but he still had millions left. He said that he was lucky in business and he wanted to help those less fortunate than himself. “The nice thing is, the harder I work, the more money I can make, and the more people I can help.” Milton Petrie died in 1994 when he was 92. His will was 120 pages long because he left $150 million to 383 people. His widow, Carroll, his fourth and last wife, said his generosity was a result of the poverty of his early years. His family was poor but kind-hearted. His father was a Russian immigrant who became a police officer, but he never arrested anyone because he was too kind. He couldn’t even give out a parking ticket. Hetty Green Henrietta (Hetty) Green was a very spoiled only child. She was born in Massachusetts in 1835. Her father was a millionaire businessman. Her mother was often ill, so from the age of two, her father took her with him to work and taught her about stocks and bonds. At the age of six, she started reading the daily financial newspapers and she opened her own bank account. Her father died when she was 21, and she inherited $7.5 million. She went to New York and invested on Wall Street. Hetty saved every penny, even eating diner in the cheapest restaurants she could find. She became one of the richest and most hated women in the world. She was called “The Witch of Wall Street.” At 33, she married Edward Green, a multi-millionaire, and had two children, Ned and Sylvia. Hetty’s stinginess was legendary. She always argued about prices in stores. She walked to the local grocery store to buy broken cookies that were much cheaper, and to get a free bone for her much loved dog, Dewey. Once she lost a two-cent stamp and spent the whole night looking for it. She hardly ever bought new clothes and often wore the same long ragged black skirt. Worst of all, when her son, Ned, fell and injured his knee, she refused to pay for a doctor and spent hours looking for free medical help. In the end Ned’s leg was amputated. When she died in 1916 she left her children $100 million (worth $9.3 billion today). Her daughter built a hospital with her money. Source: www.ecenglish.com

#### Questions

1. What examples of Milton Petrie’s kindness are there in this text?
2. How did Milton Petrie know that people needed money?
3. What was his argument for working hard?
4. Why was Milton Petrie’s will so long?
5. Why do you think Milton Petrie was especially generous to police officers?
6. What were the differences between Milton Petrie and Hetty Green’s childhoods?
7. Why did Hetty Green spend a lot of time with her father?
8. Why was Hetty Green called “The Witch of Wall Street ”?
9. What happened to Hetty Green’s son Ned?
10. What did Hetty Green’s daughter do after her mother had died?