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 12 :  Utility Tycoons  > Thomas Fortune Ryan Family  :  Previous  1 - 2 - 3 - 4 - 5 - 6 - 7 - 8  Next  

   Thomas Fortune Ryan and his Family   

Page entitled : Thomas F. Ryan in tobacco and insurance

Content of this page is about :

How Thomas Fortune Ryan led the Street Railway Syndicate into the tobacco industry and later acquired Washington Life Insurance Co and Equitable

Extract :
 the older members of the [Street Railway] Syndicate gradually retired after the turn of the century, dedicating more time to their elaborate mansions, horse breeding farms (Whitney) or art collections (Elkins and Widener), Thomas Fortune Ryan further pursued in business and decided to become a power in finance. Thus, unlike Peter A. B. Widener, who chose to let others multiply his money, notably by backing J.P. Morgan in his United States Steel and International Mercantile Marine consolidations, Thomas F. Ryan chose to become a major force in New York finance  ...


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