The Chocolate Trust: Deception, Indenture and Secrets at the $12 Billion Milton Hershey School

A hugely successful businessman and entrepreneur, American candy magnate Milton Hershey and his wife Catherine were unable to have children of their own, so the couple set up a trust in 1909 and created the Hershey Industrial School for fatherless, healthy, Caucasian boys. Ever since its creation, the huge legal trust has poured profits from the candy business into this charitable venture, and is legally stipulated to do so in perpetuity. Since the inception of what is now known as the Milt...