Wait, The Gilded Age's Jack Made How Much For His Clock?
Briefly

Jack Trotter sold a patent for an alarm clock in 1883, earning $600,000, a significant amount for that time. By converting this sum to today's values, estimates show it would be around $19 million in 2025 dollars. The exact figure varies due to fluctuations in inflation since 1883. This wealth changes Jack's social standing, raising questions about his future investments and status among the wealthy characters of The Gilded Age. Jack's newfound wealth may lead to opportunities previously unavailable to him.
Jack has recently gained significant wealth from selling a patent for a new alarm clock, making $600,000 in 1883, a life-changing sum.
Calculating Jack's wealth in today’s dollars shows that he is worth nearly $20 million due to inflation since 1883.
Historical context reveals that alarm clock patents in the 19th century could command impressive sums, reflecting the burgeoning consumer culture of the era.
The inflation calculation from this period is imprecise, but suggests that Jack's newfound wealth could further increase with future investments.
Read at Vulture
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