History
Robert Morris financed American Revolution then died broke in debtor's prison
Ben Shapiro Show
Ep 3. THE ENTREPRENEUR: ROBERT MORRIS
What was said
"Robert Morris was the greatest entrepreneur of the founding generation. Why? Well, because he made the single largest bet in American history. Rather than invest in land or in ships, Morris bet his entire fortune, the largest in the country, on the riskiest startup the world has ever seen: the United States of America itself."
Ben Shapiro reveals the largely forgotten story of Robert Morris, the wealthiest man in colonial America who personally financed the Revolutionary War, including the decisive Yorktown campaign. Despite his critical role, Morris later lost everything in land speculation and spent three and a half years in debtor's prison. His fall directly catalyzed America's first federal bankruptcy law in 1800.
Verification status
Attributed speaker claim
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Source and context
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- Programme
- Ben Shapiro Show
- Episode
- Ep 3. THE ENTREPRENEUR: ROBERT MORRIS
- Clip time
- 0:46
- Original source
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From this episode
Ben Shapiro Show