Samuel Newhouse

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For the newspaper magnate, see Samuel Irving Newhouse

Samuel Newhouse (October 18, 1853 – September 22, 1930) was a Utah entrepreneur and mining magnate.

He was born in New York City of Jewish immigrant parents and grew up in Pennsylvania. He studied law there before going to Colorado in 1879. In Leadville, he became involved in the freighting business.

In 1883, he married Ida Stingly, whose mother ran a local boarding house. She was only 16. They ran a hotel, and Samuel acquired mining properties in Ouray, Colorado. He later sold these for several million dollars and moved to Denver, where he became a speculator and promoter, with extensive contacts back East and in Europe.

In 1896, he moved to Utah, where he became instrumental in securing English investment in the fledgling copper-mining operation in Bingham canyon, which later became the great Bingham Canyon Mine. He also developed mining in the San Francisco Mountains near Beaver, Utah, founding the town of Newhouse.

He maintained residences on Long Island and in London and France, but he preferred living in Salt Lake City, where he developed a large tract of downtown, trying to shift the center of town four blocks south from Temple Square. He built the city's first skyscrapers, the Boston and Newhouse buildings.