Here's Who Inherited Benjamin Franklin's Money After He Died

May 2024 ยท 1 minute read

To start off, Franklin left some things to his family, according to Living Trust Network. He gave his son William his books, papers, and some land he had in Nova Scotia. To his daughter, Sarah, he bequeathed numerous U.S. houses and properties. He gave other properties to his sister and grandson. But Franklin had bigger plans for his will, too.

He had some very precise details laid out for how the money should be spent. Franklin dedicated $2,000, reports The New York Times. This money, he stipulated, should be evenly split between Philadelphia and Boston, the two American cities he called home. And it should go to "young apprentices," as he had been in his youth. After a century, some of the money would be distributed, and then after another century, the rest could be dispersed.

Celebrity Net Worth reports that Franklin thought his funds might grow to $130,000 after a century or two. He wanted $100,000 to go to public works, funds that would be distributed in 1890. The other $30,000 would remain untouched until 1990, growing to an even larger amount, and was then to be given to state governments as well as local citizens. Franklin wanted this money to be loaned to "young married artificers," to be paid back over a decade.

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