Sevenword

Sometimes life just isnt fair. Mark Zuckerberg created Facebook and is now worth an estimated $48bn. James Goodfellow also invented something used by millions of people around the world every daythe cash machinebut it didnt make him rich. In fact, he earned just £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 doesnt make much sense to me but thats the way of the world,” Goodfellow says. It also annoys him that hes not seen as a good role model for inventors and engineers. He came up with a groundbreaking invention that generated billions of poundsand I got nothing, so whos going to want to follow in James Goodfellows footsteps and get £10 if they have a fantastic success?” There have been arguments for years over who should officially go down in history asthe inventor of the ATMand, in 2005, a man called John Shepherd-Barron received a UK honour for services to banking as theinventor of the automatic cash dispenser”. But, the UK government is now saying it was Goodfellow who invented the ATMso it would seem that, after all the squabbling, his place in history is now assured. Back in the mid-1960s, Goodfellow was working as a

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July 2026