Thomas Edison Net Worth is$170 Million
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Profession: Inventor | Entrepreneur | Scientist | Businessperson | Film Producer | Film Director
Date of Birth: 1847-02-11
Nicknames: Thomas Alva Edison, Edison, Thomas, Thomas A. Edison, The Wizard of Menlo Park
Height: 1.78 m
Ethnicity: Dutch-American, Scottish American
Country: Milan
Thomas Edison net worth and salary: Thomas Edison was an American inventor and businessman who had a net worth of $12 million at the time of his death. He was born on 11th February, 1847, and passed away on October 18, 1931. $12 million in 1931 is equal to a modern equivalent of $170 million after adjusting for inflation. Thomas Edison was born the seventh and last child to Nancy Matthews Elliot and Samuel Ogden Edison, in Milan Ohio. Later, he moved to Port Huron, Michigan with his family in 1867, due to economical decline in the town business. During his laborious life, Edison invented many devices that enhance and has far reaching impacts to our daily lives even today. Because of his many arrays of conceptions, he was known and popularized as"The Wizard of Menlo Park." Early in his life, Edison was diagnosed with scarlet fever and chronic middle-ear infections, which had gone untreated; these would eventually cause him hearing problems. During his childhood, Edison often sold newspaper and candy on trains operating between Port Huron and Detroit. In free times, he would sell vegetables as another source of income. Edison eventually came into the exclusive rights to sell newspaper on the street. His career began simply when he founded a small local newspaper called Grand Trunk Herald, in which he printed with his four young associates. It was this time that Edison discovered his talents as an entrepreneur. Later, he became a telegraph operator before moving to Louisville, Kentucky, working for the Associate Press bureau news wire, an extension of Western Union. Edison was granted the night shift, which afforded him much time to while away reading and experimenting. He would eventually move to New Jersey and this is where his earlier inventions were recognized, including the stock ticker and electric vote recorder. They were both granted patents. However, his reputation came when he invented the phonograph in Newark, New Jersey, in 1877, and earned him his name of "The Wizard of Menlo Park." His other major inventions include electric light, sound recording and motion picture.
Thomas Alva Edison (February 11, 1847 ??? October 18, 1931) was an American inventor and businessman. He developed many devices that greatly influenced life around the world, including the phonograph, the motion picture camera, and a long-lasting, practical electric light bulb. Dubbed "The Wizard of Menlo Park", he was one of the first inventors to apply the principles of mass production and large-scale teamwork to the process of invention, and because of that, he is often credited with the creation of the first industrial research laboratory.
Edison is the fourth most prolific inventor in history, holding 1,093 US patents in his name, as well as many patents in the United Kingdom, France, and Germany. More significant than the number of Edison's patents, are the impacts of his inventions, because Edison not only invented things, his inventions established major new industries world-wide, notably, electric light and power utilities, sound recording and motion pictures. Edison's inventions contributed to mass communication and, in particular, telecommunications. These included a stock ticker, a mechanical vote recorder, a battery for an electric car, electrical power, recorded music and motion pictures.
His advanced work in these fields was an outgrowth of his early career as a telegraph operator. Edison developed a system of electric-power generation and distribution to homes, businesses, and factories ??? a crucial development in the modern industrialized world. His first power station was on Pearl Street in Manhattan, New York.


Thomas Edison was born in Milan, Ohio, and grew up in Port Huron, Michigan. He was the seventh and last child of Samuel Ogden Edison, Jr. (1804???96, born in Marshalltown, Nova Scotia, Canada) and Nancy Matthews Elliott (1810???1871, born in Chenango County, New York). His father had to escape from Canada because he took part in the unsuccessful Mackenzie Rebellion of 1837. Edison reported being of Dutch ancestry.
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Thomas Edison

In his 84 years, Thomas Edison acquired a record number of 1,093 patents (singly or jointly) and was the driving force behind such innovations as the phonograph, the incandescent light bulb and one of the earliest motion picture cameras. He also created ...
Posted: January 12, 2014, 1:08 pm
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