This was perfect nonsense, of course. Assuming the kid had seventy more years to live, his total invested capital after a lifetime of following Rockefeller’s advice would be $2,555. If the kid was lucky, compounding interest at fluctuating rates might triple or quadruple the amount – to $10,000, let’s say. Rich? Rockefeller himself earned that much money in a single day.
This para shows that the author does not understand compound interest.
