JOHN JACOB ASTOR, BORN ON THIS DAY IN 1763

 JOHN JACOB ASTOR  

            John Jacob Astor
(July 17, 1763 – March 29, 1848)

Astor was a German-American business magnate, merchant and investor
who was the first prominent member of the Astor family and the first multi-
millionaire in the United States. He was the creator of the first trust in
America.

Astor arrived in New York following the American Revolutionary War
and built a fur-trading empire that extended to the Great Lakes region
and Canada, and later expanded into the American West and Pacific
coast. He
diversified into real estate and later became a famous patron 
of the arts.

 

 


posted by Bob Karm in BIRTHDAY,Fincncial,HISTORY,MILITARY,Real estate,WAR and have No Comments

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