Hetty Green

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"Hetty" Green

Henrietta Howland Robinson Green , nee Robinson and called Hetty , (born November 21, 1834 in New Bedford , Massachusetts , † July 3, 1916 in New York City ) was an American businesswoman during the heyday of the American economy before the First World War . Considered the first great businesswoman on Wall Street , she was often referred to as the "Witch of Wall Street" because she was particularly known for two things: her ability to make money and her inability to spend it.

Life

She spent her childhood with her father, a Quaker , and watched him at work as her mother was constantly ill. Her family belonged to a larger whaling fleet , and so she learned early how to deal with stocks and securities . At the age of six she was reading business newspapers and opening her own bank account. At the age of 13 she was the completion of the accounting records transferred to the family business, and died when her father in 1846, he left her a fortune of 7.5 million US dollars . She went to New York City and invested on Wall Street. As a result, she became one of the richest and most hated women in the world.

In 1868 she married the multimillionaire Edward Green. With him she had two children, Ned and Sylvia Green.

greed

Hetty Green was famous for her frugality. Despite her wealth, she always ate in the cheapest restaurants and always wore the same clothes. In particularly negative headlines, it was said that she did not want to consult a doctor out of greed after her son Ned seriously injured his knee. Ned's leg later had to be amputated. However, this connection has not been historically proven.

She died in 1916, leaving her children with $ 100 million, which equates to $ 2,399,000,000 today , taking inflation into account .

See also

Web links

Individual evidence

  1. http://money.cnn.com/galleries/2007/fortune/0702/gallery.rich_eccentrics.fortune/2.html

literature

  • Arthur H. Lewis: The Day They Shook the Plum Tree . Harcourt, Brace, New York 1963.
  • Charles Slack: Hetty. The Genius And Madness Of America's First Female Tycoon . Harper Perennial Books, New York 2005, ISBN 0-06-054257-8 .
  • Boyden Sparks: The Witch of Wall Street . Doubleday Doron, Garden City, NY 1935.