John Jacob Astor I (1763-1848)

Astor was a fur magnate and the founder of a renowned family of Anglo-American capitalists, business leaders, and philanthropists. His American Fur Company is considered the first U.S. business monopoly. Astor also invested in New York City real estate that became the foundation of the family fortune. His son, William Backhouse Astor (1792-1875), greatly expanded the family real estate holdings, building more than 700 stores and dwellings in New York City. The wealthiest person in the U.S. at the time of his death, the senior Astor bequeathed $400,000 for the founding of a public library, the Astor Library, in New York City, which was consolidated with others as the New York Public Library in 1895.

Date:
1825 circa 15 years
Original Format:
Painting
Item#:
MES03788
Height:
1059px
Width:
726px
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