Tue 6 Jun 2006
Source: Take from the Book Good To Great.
To become really rich you have to have a desire for money, but not for the sake of spending it on personal luxury. Many of the world’s billionaires have this hallmark. Dave Packard was one of them.
Dave Packard
Dave Packard, co-founder of Hewlett-Packard,
Quote from Book: “Despite being one of Silicone Valley’s first self-made billionaires, he lived in the same small house that he and his wife built for themselves in 1957, overlooking a simple orchard. The tiny kitchen with dated linoleum, and the simply furnished living room bespoke a man who needed no material symbols to proclaim “I’m a billionaire. I’m important. I’m successful.” “His idea of a good time,” said Bill Terry, who worked with Packard for thirty-six years, “was to get some of his friends together to string some barbed wire.” Packard bequeathed his $5,6 billion estate to a charitable foundation and, upon his death, his family created a eulogy pamphlet, with a photo of him sitting on a tractor in farming clothes. The caption made no reference to his statue as one of the great industrialists of the twentieth century. It simply read: “David Packard, 1912-1996, Rancher etc.”"