James Stillman

James Jewett Stillman
Born June 9, 1850(1850-06-09)
Brownsville, Texas
Died March 15, 1918(1918-03-15) (aged 67)
Nationality American
Occupation Banker
Net worth USD $77 million at the time of his death (approximately 1/989th of US GNP)[1]
Spouse Sarah Elizabeth Rumrill
Children Sarah "Elsie" Elizabeth, James Alexander, Isabel Goodrich, Charles Chauncey, Ernest Goodrich

James Jewett Stillman (June 9, 1850 – March 15, 1918) was an American businessman who invested in land, banking, and railroads in New York, Texas, and Mexico.

Contents

Biography

The son of Elizabeth Pamela Stillman (née Goodrich) and Charles Stillman, James Stillman was born in Brownsville, Texas. Charles Stillman had significant business interests which James acquired in 1872. He expanded those to control of sixteen Texas banks and a significant land holdings in the Rio Grande Valley, particularly Corpus Christi and Kerrville, Texas. Along with W. H. Harriman, Jacob Henry Schiff and William Rockefeller he controlled the most important Texas railroads (including the Texas and Pacific Railway, the Southern Pacific Railroad, the International-Great Northern Railroad, the Union Pacific Southern Railway, the St. Louis, Brownsville and Mexico Railway, and the Mexican National Railroad) and the National City Bank of New York.

In 1876 Stillman supported Porfirio Díaz's overthrow of the government of Mexico by the Revolution of Tuxtepec.

Legacy

He is considered to have been one of the 100 wealthiest Americans, having left an enormous fortune.[1] His oldest son, James A. Stillman, also served as president of National City Bank of New York. Stillman was related to even greater wealth by marriage: his two daughters, Sarah Elizabeth Stillman and Isabel Goodrich Stillman, married the sons (William Goodsell Rockefeller and Percy Avery Rockefeller respectively) of business associate and friend, and senior executive of Standard Oil, William Rockefeller. His grandson, James Stillman Rockefeller, served as president of National City from 1952 to 1959 and chairman from 1959 to 1967.

References

  1. ^ a b Klepper, Michael; Gunther, Michael (1996), The Wealthy 100: From Benjamin Franklin to Bill Gates—A Ranking of the Richest Americans, Past and Present, Secaucus, New Jersey: Carol Publishing Group, p. xi, ISBN 9780806518008, OCLC 33818143 

Further reading

External links

Business positions
Preceded by
Percy Pyne
President/Chairman of National City Bank
1891–1909 (President)
1909-1918 (Chairman)
Succeeded by
Frank A. Vanderlip