Franklin D. Roosevelt was well born and well pedigreed.
But…
But when his seventy-something father died, FDR was still in college. His son was provided with a substantial yearly income, but Sara Delano Roosevelt was given the principal under her own control. She lived a long life, and never relinquished control until her own death. By that time, Franklin Delano Roosevelt (1882-1945) was President of the United States.
FDR had invested a huge percentage of his own income back in the 1920s, when he purchased the Warm Springs, GA property and built a convalescent facility for polio patients – like himself. Ergo, while comfortably fixed financially, he was not nearly the wealthy man many perceived.
Early in FDR’s Career…
…When he could still walk and dance…
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