Anthony Joseph Drexel I

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Anthony Joseph Drexel I

Born September 13, 1826(1826-09-13)
Philadelphia, Pennsylvania
Died June 30, 1893 (aged 66)
Philadelphia, Pennsylvania
Occupation Banker
Spouse Ellen B. Rozet
Children Emily Drexel Biddle (1850-1883),
Louise Bouvier Drexel Morrell,
Fannie D. Drexel Paul (1855-1892),
John Rozet Drexel (1863-1935),
Anthony Joseph Drexel II (1865-1934),
George William Childs Drexel
Parents Francis Martin Drexel
Catherine Hookey (1795-1870)
Relatives Katherine Drexel, Roman Catholic saint

Anthony Joseph Drexel I (September 13, 1826June 30, 1893) was an American financier, banker, partner of J.P. Morgan and founder of Drexel University.

Contents

[edit] Birth

He was born in 1826 in Philadelphia, Pennsylvania to Francis Martin Drexel (1792–1863) and Catherine Hookey (1795–1870). He was the brother of Francis Anthony Drexel, who was the father of Saint Katharine Drexel, and Joseph William Drexel.

Anthony J. Drexel's statue at Drexel University
Anthony J. Drexel's statue at Drexel University

[edit] Marriage and children

He married Ellen B. Rozet (1832-1891) and had the following children: Emilie Taylor Drexel (1851-1883), who married Edward Biddle III (1851-?); Frances Katherine Drexel (1852-1892), who married James William Paul, Jr.; Marie Rozet Drexel (1854-1855); Mae E. Drexel (1857-1886), who married Charles T. Stewart; Sarah Rozet "Sallie" Drexel (1860-1929), who married first John R. Fell, Sr., and married second Alexander van Rensselaer; Francis Anthony Drexel (1861-1869); John Rozet Drexel (1863-1935), who married Alice Gordon Troth (1865-1947); Anthony Joseph Drexel II (1865-1934), who married Margarita Armstrong; and George William Childs Drexel (1868-1944), who married Mary Stretch Irick (1868-1948).

[edit] Banking

At the age of 13 he began to work in the banking house founded three years earlier by his father, the Austrian-born American banker Francis Martin Drexel. In 1847 he was named a member of the firm Drexel & Company. After the death of his father, Drexel expanded the firm; such branches as Drexel, Harjes & Company, Paris, and Drexel, Morgan, & Company, New York City, were established.

[edit] Death

He died of a heart attack on June 30, 1893 in Karlovy Vary, Czech Republic at the age of 66 and was buried in The Woodlands Cemetery in Philadelphia.

[edit] See also

[edit] References

  • Rottenberg, Dan (2006). The Man Who Made Wall Street: Anthony J. Drexel and the Rise of Modern Finance. Philadelphia: University of Pennsylvania Press. ISBN 0-812-21966-X. 
  • Papadakis, Constantine (2001). Drexel University, a University with a Difference: The Unique Vision of Anthony J. Drexel. New York: Newcomen Society of the United States. 


[edit] External links