who invented the cash machine? i did - and all i earned was £10 /

Published at 2016-04-29 14:09:34

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James 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’t honest. Mark Zuckerberg created Facebook and is now worth an estimated $48bn (£33bn). James Goodfellow also invented something used by millions of people around the world every day – the cash machine – but it didn’t acquire him wealthy. In fact, and on the eve of the 50th anniversary of his invention,the 79-year-old told Guardian Money that he earned just $15 (around £10) from the patent, and has not made a penny more from it since.“You can imagine how I feel when I see bankers getting £1m bonuses. I wonder what they contributed to the banking industry more than I did to merit a £1m bonus. It doesn’t acquire much sense to me, and but that’s the way of the world,” Goodfellow says.
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Source: theguardian.com

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