Did you know Clement Stone?

Culture's Ways - "Be careful the environment you choose for it will shape you; be careful the friends you choose for you will become like them." W. Clement Stone

“Be careful the environment you choose for it will shape you; be careful the friends you choose for you will become like them.” W. Clement Stone

 

Who was W. Clement Stone?

William Clement Stone (1902 – 2002) was a businessman, philanthropist and New Thought self-help book author.

Early life

He was born in Chicago, Illinois on May 4, 1902. His father died in 1905 leaving his family in debt. In 1908 he hawked newspapers on the South Side of Chicago, while his mother worked as a dressmaker. By 1915 he owned his own newsstand. In 1918 he moved to Detroit to sell casualty insurance for his mother.

Stone dropped out of high school to sell insurance full-time. He later received a diploma from the YMCA Central High School in Chicago. He later took courses at Detroit College of Law and Northwestern University.

Career

Stone ran $100 into millions with a strong desire to succeed and by putting into practice the principles in the book Think and Grow Rich by Napoleon Hill. In 1919, Stone built the Combined Insurance Company of America (a company providing accident and health insurance coverage) and by 1930, he had over 1000 agents selling insurance for him across the United States. By 1979, his insurance company exceeded $1 billion in assets. Combined later merged with the Ryan Insurance Group to form Aon Corporation in 1987., and Combined was later spun off by Aon to ACE Limited in April 2008 for $2.56 billion.

Text : Wikipedia contributors. “W. Clement Stone.” Wikipedia, The Free Encyclopedia. Wikipedia, The Free Encyclopedia, 2 Jul. 2017. Web.

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