MEN WHO HAVE RISEN. American Citizens Worth Over $5,000,000, Most of Whom Have made Their Own Fortunes.

Te Aroha News, Volume VI, Issue 371, 25 May 1889, Page 4

MEN WHO HAVE RISEN. American Citizens Worth Over $5,000,000, Most of Whom Have made Their Own Fortunes.

A list of Americans who are worth $5,000,000 each and upward is an interesting compilation as showing the personal fortunes in the United States. And ib is an interesting fact that outside of the Astor and Vanderbilt families nearly all the Americans who have this much money made it from the most humble beginnings. In the subjoined list no man ib mentioned who is not believed to be worth $5,000,000 or over. An oxtraordinory coterie of rich men were those who a few days ago acted as pall- bearers at the funeral of Western Debson of Bethlehem, Perm., himself worth $6,000,000, Dobsons pall-bearera were thirteen in number, and the average wealth each man represented wasnearlysB,ooo,ooo. The total wealth of the thirteen was £100,000,000. They were F. P. Wilbur, President of tho Lehigh Valley Railroad ; General W. E. Doster ; Robert Packer Linderman, grandson of the late Asa Packer ; William Chapman, the millionaire slate manufactuio; Robert H. Sayre, Samuel B. Price, E. B. Loisenring, Stanley H. Goodwin, George PL Meyers, Robert Lockhart, ex - Senator Eckley B. Coxe, whose fortune is estimated at §20,000,000 ; John Thomas and Daniel Bertsh, the two latter the chief railroad and coal barons of the Lehigh Valley. L. Z. Leitor of Washington, D.C., began life poor and is now worth $10,000,000, made mostly in dry goods in Chicago. Vice-Presiden tMor ton is worth $10,000,000 and did not have a large nest egg to start with. Caldwell Cole, owner of the yacht Dauntless, is a bachelor of thirty-tive years and worth $6,000,000. Mr Cole is one of the few rich men who have inherited most of their foitune. A. M. Cannon, of Washington Territory, peddled sewing machines through Oregon, and is rated at §5,000,000. Ex-Senator Palmer, of Michigan, married a fortune, and is worth §6,000,000. Claus Spreckels is rated as high as §20,000,000. Phil Armour, Chicago, began life as a butcher boy, and now has 525, 000,000. James J. Hill, President of the Manitoba Railroad, who, not many years ago, paid Norman W. Kitson $3,500,0*00 cash for onetit th interest in the road, began earning money by working on the St. Paul levee for §50 a month. He was afterward agent at St. Paul for a line of river steamers. MiHill is now worth §15,000,000. John I. Blair, Blaiistown, N.J., is worth §40,000,000, and began business by selling plug tobacco and notion*,. Robert Bonnes, Now York, began poor and has §6,000,000. James McMillan, Detroit, has m^de 810.0C0.000. The Astor heirs will inherit §200,000,000 — mostly in gilt-edged real estate. Collis P. Huntington, the railroad magnate, was once a poor man, and is worth §40,000,000.; Montgomnery Sears of Boston inherited §9,000,000 from his father, but had to contest the will to get it. He is believed to be worth §12,000,000. His lather began life very poor. Georgo M. Pullman, the palace car man, began life in a small furniture business in Albion, N.Y. He began on §150, and now has §5,000,000. B. P. Hutchinson, 'Old Hutch,' started life at the shoemaker's bench at Lynn, Mass. He is worth §8,000,000. George Ehret, a New York beer king, is but forty years old, and worth §5,000,000. ' He was so poor a few years ago when he reached this country that he could not speak the English language,' is the way his financial condition was expressed to the writer. General Russell A. Alger, Detroit, is worth §5,000,000 and more. Senator John P. Jones came to this coun try from Wales, and went gold hunting in '49. He is worth §15,000,000. Marshall Field, Chicago, began as a clerk in Potter Palmer's store, and has §15,000,000. John D. Rockafeller, New York, began life as a bookkeeper in Cleveland, and is reputed to be worth §60.000,000. He is still a young man and one of the brainiest and unassumingof America's greatest financiers. His brother, William A. Rockafeller, is worth §20,000,000. Henry A. Flagler, who built the Ponce Leon Hotel at St. Augusiine, ITIa., said to be the finest hotel in the world, is worth §15,000,000. John J. Jennings, one of Chicago's oldest residents, has made §5,000,000 in real estate.

From Art to Finance. A. J. Drexel of Philadelphia is worth $20,000,000. He is the bon of Francis Wartin Diexel, who wa9 born in Austrian Tyrol, 1792, a portrait painter of met it, who came to this country to avoid one of Napoleon's conscriptions. He engaged in the banking business, and his sons inherited a considerable fortune.

Colossal Fortunes. The four male members of the Vanderbilfc family are rated : Cornelius, $110,000,000; William X, $85,000,000; Frederick W., $16,000,000; George W., $15,000,000. Jay Gould cannob be worth less than §75,000,000. P. T. Barnum began poor. He has $5,000,000. Ex-Governor English of Connecticut has an estate valued at $5,000,000. Andrew Carnegie, the iron king, is worth $40,000,000, and came to this country from Scotland a poor man. Ten cottagers at Lennox last summer were lated as follows ; D. W. Bishop, $15,000,000 ; George W. We&tinghouse, $20,000,000; W. D. Sloane, $18,000,000; G. G. Haven, $12,000,000 ; George A. Crocker. $12,000,000; W. H. Bradford, $10,000,000; Anaon P. Stokes, $8,000,000; Brayton Ives, $6,000,000 ; Colonel Auchmutty, $5,000,000 ; Charles Lanier, $15,000,000. Charles F. A. Henrichs began as a clerk and now has $5,000,000. J. W. Mackay, $30,000,000, was a shipI builder at days' wages before he was a gold [ hunter. J I Senator James G. Fair kept a saloon for 1 miners, and is worth $20,000,000. ' Leland Standford is worth $40,000,000. Charles Pratt, the Brooklyn oil man, is worth $6,000,000. Russell Sage is seventy years old and is worth $40,000,000. Samuel A. Scott, Kansas City, has $10,000,000. George W. Childs, Philadelphia, was an errand boy in a bookstore, became clerk, then a partner with R. E. Patterson, and later with J. B. Lippincott in the publishing business. Among the famous books issued, by the firm was Parson Brownlow's 'Reminiscences,' for which they paid the author $15,000 in royalties. Mr Childs is worth not less than $15,000,000. John Wanamaker, the new PostmasterGeneral, is worth $10,000,000. Warner Miller is worth $5,000,000. Secretary Windom is wotth $5,000,000. Sidney Dillon was at one time a brakeman and had no regular education. His fortune is estimated at £15,000,000 to 520.000.000. • •

David Sinton ia the richesb man in Cincinnati, born in a cabin in Ireland and worth now $5,000,000. Here are ecvenfcy men, all American citizens, whose fortunes aggregato the big total of §1,413,000,000. This exceeds by $31,000,000 the total money circulations of the United States on the first day of the present month, according to the Treasury statement.