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Tesla invented quite a number of electrical devices, and others were often credited for his inventions. This is one reason why Tesla refused to accept a Nobel prize proposed for award jointly to him and Thomas Edison... Edison had exploited him so much that Tesla refused to see Edison get credit for his work. Tesla was a scientist and inventor, not a businessman by nature. Thus he accumulated tremendous debts from business losses, and died a relative pauper. It was only an annual $7200 grant from the government of his native Yugoslavia that kept him from being destitute during his final years when he lived in the United States. Meanwhile, others profited enormously from the inventions he actually produced. Guglielmo Marconi stole Tesla's drawings from the US Patent Office, and it was only after an extended lawsuit that Marconi was exposed as a fraud, and Tesla was credited with his own invention. In 1888 Tesla designed the first practical system of generating and transmitting alternating current for electric power. The American rights to this epoch-making invention were bought by the American inventor George Westinghouse, who demonstrated (1893) the system for the first time at the World's Columbian Exposition in Chicago. Two years later Tesla's alternating-current motors were installed at the Niagara falls power project.

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