{"id":11650,"date":"2016-04-29T18:09:34","date_gmt":"2016-04-29T11:09:34","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/who-invented-the-cash-machine-i-did-and-all-i-earned-was-10\/"},"modified":"2016-04-29T18:31:55","modified_gmt":"2016-04-29T11:31:55","slug":"who-invented-the-cash-machine-i-did-and-all-i-earned-was-10","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/who-invented-the-cash-machine-i-did-and-all-i-earned-was-10\/","title":{"rendered":"Who invented the cash machine? I did \u2013 and all I earned was \u00a310"},"content":{"rendered":"


\nJames Goodfellow patented the first ATM and created the first pin code but, unlike those in the financial industry who command vast salaries, he effectively earned nothing for his all-conquering contributionSometimes life just isn\u2019t fair. Mark Zuckerberg created Facebook and is now worth an estimated $48bn (\u00a333bn). James Goodfellow also invented something used by millions of people around the world every day \u2013 the cash machine \u2013 but it didn\u2019t make him rich. In fact, on the eve of the 50th anniversary of his invention, the 79-year-old told Guardian Money that he earned just $15 (around \u00a310) from the patent, and has not made a penny more from it since.\u201cYou can imagine how I feel when I see bankers getting \u00a31m bonuses. I wonder what they contributed to the banking industry more than I did to merit a \u00a31m bonus. It doesn\u2019t make much sense to me, but that\u2019s the way of the world,\u201d Goodfellow says. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Who invented the cash machine? I did \u2013 and all I earned was \u00a310<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

James Goodfellow patented the first ATM and created the first pin code but, unlike those...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-11650","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-31U","jetpack-related-posts":[{"id":11932,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/when-atms-were-designed-to-swallow-your-card-brief-letters\/","url_meta":{"origin":11650,"position":0},"title":"When ATMs were designed to swallow your card | Brief letters","date":"May 4, 2016","format":false,"excerpt":"\r 1960s cashpoints | David Attenborough\u2019s BBC thoughts | iTunes irritations | Queen\u2019s telegram | Nervous ticReading the account of how James Goodfellow invented the first ATM (Money, 30 April) reminded me of my first National Westminster Group 24-hour cash card from the 1960s, which I still have. It is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/designer-who-invented-foldable-shoes-during-the-financial-crisis-now-turns-over-1m\/","url_meta":{"origin":11650,"position":1},"title":"Designer who invented 'foldable' shoes during the financial crisis now turns over \u00a31m","date":"October 17, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Designer who invented 'foldable' shoes during the financial crisis now turns over \u00a31m","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7286,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-third-of-1m-plus-homes-paid-for-in-cash-since-2011-study-shows\/","url_meta":{"origin":11650,"position":2},"title":"A third of \u00a31m-plus homes paid for in cash since 2011, study shows","date":"March 9, 2016","format":false,"excerpt":"\r Retirement lending advisory firm says cash buyers spent more than \u00a363bn in total on such properties in England and WalesAbout a third of homes sold for \u00a31m or more have been paid for in just cash in the last five years, as property millionaires splashed out more than \u00a363bn,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69312,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-big-money-question-would-you-quit-work-for-1m\/","url_meta":{"origin":11650,"position":3},"title":"The big money question: would you quit work for \u00a31m?","date":"October 18, 2017","format":false,"excerpt":"\r Nearly half of us would retire for a million in cash, a poll has discovered. We asked members of the public to name their price According to a poll, 45% of working Brits would retire immediately in return for the lump sum of \u00a31m or less. For \u00a32m, more\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69878,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/londons-1m-penthouses-are-in-the-most-unlikely-locations\/","url_meta":{"origin":11650,"position":4},"title":"London\u2019s \u00a31m penthouses are in the most unlikely locations","date":"October 24, 2017","format":false,"excerpt":"\r London\u2019s eight-year housing boom means \u00a31 million (US$1.3 million) flats are now being offered in areas historically associated with heavy industry and subsidised worker\u2019s housing. Telford Homes Plc\u00a0last week said it had sold three penthouses in once-down-at-heel Stratford, the district that hosted the London 2012 Olympic Games, for more\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/american-selling-8-1m-sentinel-penthouse-after-bolthole-purchase-nobodys-going-to-bomb-nz\/","url_meta":{"origin":11650,"position":5},"title":"American selling $8.1m Sentinel penthouse after bolthole purchase: 'nobody's going to bomb NZ'","date":"August 19, 2019","format":false,"excerpt":"\r An American multimillionaire with interests in the vitamin industry is the seller of Takapuna's Sentinel penthouse apartment, with a rateable value of $8.1 million.Via his Patrick Farms investment vehicle, Ronald Patrick owns unit...\r \r Source : nzherald.co.nz\/Property\r Read more...American selling .1m Sentinel penthouse after bolthole purchase: 'nobody's going to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11650"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=11650"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11650\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=11650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=11650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=11650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}