An avid investor, he held interests in many corporations and was the largest stockholder in the Central Railroad of New Jersey. All Rights Reserved. In 1922, Baker established a $1 million dollar endowment fund for the Metropolitan Museum of Art. [3], First National Bank of the City of New York, "GEORGE F. BAKER, 91, DIES SUDDENLY OF PNEUMONIA; DEAN OF NATION'S BANKERS; STRICKEN ON THURSDAY Financier Succumbs in His Madison Av. Owning $5,965,000 (equivalent to around $83,245,000 in 2017 dollars) of U.S. Steel stock in the early 1920s, Baker was also the largest individual owner of U.S. Steel stock, according to a May 4, 1924 Time magazine article. Known as the "Dean of American Banking," Baker was known for his silence in public. George Fisher Baker (March 27, 1840 – May 2, 1931) was an American financier and philanthropist. In addition, he was a director in 22 corporations, which with their subsidiaries had aggregate resources of $7.27 billion. Explore notable alumni from top universities and organizations. © 2020 Relationship Science LLC. Zoom in Zoom out Rotate right Fit screen Full expand. The George Fisher Baker (March 27, 1840 – May 2, 1931) was an American financier and philanthropist. Member at Oliver Hazard Perry Rhode Island, Inc. Known as the "Dean of American Banking," Baker was known for his silence in public. Go. At 16, he was hired as the junior clerk in the New York State Banking Department. Trim lining in the rear compartment is made of 24-carat gold, as are perfume dispensers and an intercom. Discover the Power of Your Network with RelSci Premium Products. Presence of George F Baker Iv's profile does not indicate a business or promotional relationship of LONG ACTIVE DESPITE AGE Director of Steel Corporation and Head of First National, He Gave Millions to Public", "BAKER WAS A POWER IN WORLD FINANCE; With Elder Morgan and James A. Stillman, He Dominated Vast Network of Companies. Brother of Anthony Kane Baker and Private. The car was rediscovered in 1978 in a barn in Ohio alongside a Rolls Royce Boat Tail Speedster formerly owned by Fred Astaire. SMILES TO THEM AT END Complained After Board Session and His Illness Became Grave in a Few Hours. Home With Family at Side.

He provided $2 million for Baker Memorial Library at Dartmouth College. "Estate of George Fisher Baker;” George Fisher Baker, "Last Will and Testament and Codicil of George F. Baker," May 26, 1931, Series I, Subseries IC, Box 5, Folder 15, Baker Family papers, Baker Library Special Collections, Harvard Business School, Boston, MA. In 1929, Baker commissioned the construction of a unique Pierce-Arrow town car for the wedding of his daughter. He was succeeded in the presidency by Francis L. Hine, the former Vice President of the bank.[7]. He made other large donations to charitable causes throughout New York City and funded the construction of Baker Field, Columbia University's primary athletic facility. Their daughter Elizabeth married, This page was last edited on 15 October 2020, at 19:22.

True, at the age of 84 when he has retired from many directorates, he dominates half a dozen railroads, several banks, scores of industrial concerns.

True, he is twice as rich as the original J. P. Morgan, having a fortune estimated at 200 millions. Find RelSci relationships, employment history, board memberships, donations, awards, and more. Download. He retired as president in 1909, and became chairman of the board. New York, NY 10001. Thereafter, he spoke occasionally at luncheons and gatherings.[3]. Son of George Fisher Baker, III and Frances Drexel Baker Built by LeBaron, the car's roof line was 5 inches taller than standard models so Baker could keep his top hat on. Baker had been a member of the museum board since 1909.[12]. Get Contact Information on the World's Most Influential Decision Makers. The April 14, 1924, edition of Time said of Baker:[citation needed].

In the November 1994 issue of Worth magazine, James Grant, editor of a financial newsletter, calls Baker a hidebound turn-of-the-century banker who always got his loans repaid. [citation needed], Baker was famously silent in public, never commenting on events or giving interviews, until 1922, at age 82, when he gave his first newspaper interview. In 1869, Baker was married to Florence Tucker Baker, a daughter of Benjamin Franklin Baker and Sophronia J. Please enable JavaScript in your browser's settings to use this part of Geni.

At 14, young George entered S.S. Seward Institute in Florida, New York, where he studied geography, bookkeeping, history, and algebra.

He made a huge fortune after the Civil War in railroads and banking, and at his death he was estimated to be the third richest man in the United States, after Henry Ford and John D. Rockefeller. Member, Administration & Management Review Committee at University of Rhode Island, President & Chief Executive Officer at flyADVANCED. All Rights Reserved. [4], In 1863, Baker, along with his mentor, John Thompson, and Thompson's sons Frederick Ferris Thompson and Samuel C. Thompson, co-founded the First National Bank of the City of New York. Together, they were the parents of: He was a member of the Jekyll Island Club (aka The Millionaires Club) on Jekyll Island, Georgia. The final Baker to live in the family complex was George F. Baker IV, who sold 69 East 93rd Street to Richard H. Jenrette in 1988. Chair at Oliver Hazard Perry Rhode Island, Inc.

Baker donated $2 million to Cornell University for the construction of the Baker Laboratory of Chemistry, as well as Baker dormitories, and he endowed the Baker Lecture Series, the oldest continuous lectureship in chemistry in the United States. [1] He made a huge fortune after the Civil War in railroads and banking, and at his death he was estimated to be the third richest man in the United States, after Henry Ford and John D. [citation needed]. Browse in-depth profiles on 12 million influential people and organizations. About this Item. BEGAN AS A CLERK AT 16 Fortune Has Been Estimated as High as $500,000,000--Never Spoke In Public Until He Was 84", "G.F. BAKER QUITS BANK PRESIDENCY; Head of First National Succeeded by Vice President Francis L. Hine. A relationship does not necessarily indicate a personal connection. George Baker Selection – holenderski zespół muzyki pop, powstały w Zaanstad, istniejący w latach 1967–1977 i 1982–1989 (w latach 1978–1981 oraz od 1990 roku działalność solową prowadził lider występujący pod pseudonimem George Baker).. Założycielem grupy był kompozytor i autor tekstów, obdarzony charakterystycznym głosem Johannes Bouwens (ur. sponsored by George F Baker Iv. The residence at 67 East 93rd Street was built for the senior George F. Baker before he died in 1932. Harvard Business School campus and the Baker Library, and in 1926 a gift to Dartmouth College endowed the Baker Library there. Empower Your Business Applications with Industry-Leading Relationship Data from the RelSci API. People Projects Discussions Surnames

Exterior IV Contributor Names Gottscho-Schleisner, Inc., photographer Exterior IV intermediary roll film About this Item. It is now part of the White Glove Collection in La Crosse, Wisconsin.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or Baker provided much of the initial funding for Harvard Business School with a 1924 grant of $5 million,[11] for which Harvard gave him an honorary doctorate and named the library after him.

The same book also noted that “Morgan and associates organized super-trusts in steel (U.S. Steel), shipping (International Mercantile Marine), and agricultural machinery (International Harvester);” and it also “had its hands in other fields—the railroads (where…some 30,000 miles of railway were controlled), anthracite coal (where from two-thirds to three-quarters of the entire shipment was in Morgan hands).” In addition, other Morgan monopolies included electrical machinery (General Electric), communications (AT &T, Western Union), traction companies (IRT in New York, Hudson & Manhattan), and insurance (Equitable Life).”, The March 26, 1934, Time magazine article called him, the richest, most powerful and most taciturn commercial banker in U. S. history[8], A 1934 article in Newsweek describes him as one of the most imposing figures in banking history.

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