Famous millionaires that made their money through government contracts

[Kombaiyashii]

I am having this debate with someone and he basically said that no one has ever become a millionaire through doing business with the government (US and UK)...I'm sure he's very wrong in this regard and would like to shove it in his face.

I've found some billlionaires but they have made most their money through the free market. I was wondering if there were any specialist ones that made most of their money through government contracts...

 

[Ranger29860]

Companies that provide services such as janitors and builders for bases make a TON of money. T he thing is about that to is i actual support this over having the government themselves try and provide it.

 

[AGRP]

Ever hear of cronyism? Its exactly what this relationship is about most of the time.

 

[Justinjj1]

Jay Gould? (not necessarily government contracts), but almost all of those robber barons of the Gilded Age made their fortune through crony capitalism.

 

[specsaregood]

Benjamin Franklin?

 

[Austrian Econ Disciple]

Really? Then where does the 3.7 trillion the Federal Government spends go? How much is one tank? 20,000,000 Million? No millionaires at Northrop Grumman? General Electric? L3 Communications? Solyndra (HA!)? Monsanto? I mean, just go down the Fortune 500 list.

 

[CJLauderdale4]

Really? Then where does the 3.7 trillion the Federal Government spends go? How much is one tank? 20,000,000 Million? No millionaires at Northrop Grumman? General Electric? L3 Communications? Solyndra (HA!)? Monsanto? I mean, just go down the Fortune 500 list.

Keep'em comin': Lockheed Martin, General Dynamics, Raytheon, Boeing (defense), SAIC

 

[JasonC]

Jeez.. almost any business with government contracts should have at least one person working for it or owning it (executives, managers, shareholders, etc.) who's a millionaire. This doesn't even account for the people who become wealthy due to regulations and legislation that grant them -- or the business they are involved with -- economic privileges.

 

[amy31416]

Erik Prince.

 

[amy31416]

Monsanto.

 

[JasonC]

Dick Cheney

 

[JasonC]

The guy who owns the company that sells soap and toiletries to prisons across the country...

 

[Seraphim]

Soap and Rope Ltd...?

The guy who owns the company that sells soap and toiletries to prisons across the country...

 

[susano]

The entire military industrial complex.

 

[JasonC]

Who owns the company that sells all the toilets installed in the government buildings in Washington D.C.? Notice he/she got wealthy from being shit on by the government. Paradox?

 

[JasonC]

Who sells the powdered eggs to our military?

 

[Brian4Liberty]

Dick Cheney

And that guy from BlackWater. And others at Haliburton.

 

[moderate libertarian]

Althogh they may have arabic background/connections, do sons of Mubarik and chief of Blackwater count for cashing on lust for torture?



Published 20:21 17.10.11 Latest update 20:21 17.10.11

Egypt official: Mubarak sons own assets worth $340 million in Switzerland

http://www.haaretz.com/news/middle-...ets-worth-340-million-in-switzerland-1.390483


Is Blackwater's Erik Prince Moving to the United Arab Emirates ...
Jun 15, 2010 ... The Blackwater/Erik Prince saga took yet another dramatic turn last .... 18)
Blackwater was awarded a $120 million contract for Afghanistan. ...

www.thenation.com/.../blackwaters-erik-prince-moving-united-arab-emirates

 

[Brian4Liberty]

How many computers were sold to the government over the years? Who made money from that? IBM? Microsoft?

 

[vita3]

George W Bush's made his money thru the power of theTexas GOVERMENT, via the the Texas Rangers baseball team. Extra sales tax on the people, gigantic property tax break, etc.

The story is facinating & it amazes me how many Conservatives are unfamiliar with it.

Maybe someone can post the details on here.