A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors


 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
 Part 3 : America in the Twentieth Century  Encyclopedia of American Wealth

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  Part II-Chapter 9 : Merchant Princes  > A. T. Stewart  :     Previous   1 - 2 - 3 - 4 - 5 - 6  Next
                                                                                                                                                                        

   Alexander Turney Stewart

Page entitled : Apex and death of Alexander T. Stewart third richest man in America

Content of this page is about :
A. T. Stewart at the height of his career, his philanthropies, political ambitions, return to merchandising and death, leaving a 50 million dollar estate.


Extract :
...
Like most wealthy New York merchant princes, Stewart invested his excessive income in city real estate and thus acquired a number of large buildings, including the Globe Theatre, as well as the Union and Metropolitan hotels. He also acquired tenement buildings and soon formed the project of setting up proper housing facilities for the working class. These first took the form of a hotel for workingwomen, who could have a comfortable board for  ...

 

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