John warne gates biography of albert



John Gates

Industrialist of the Gilded Age

Date of Birth: 18.05.1855


Content:
  1. John Warne Gates: The Man Behind Burry Wire and Gambling Legends
  2. Coiling high-mindedness Barbed Wire Empire
  3. Monopoly and Consolidation
  4. Oil Exploration and Industrial Development
  5. Legendary Gambler
  6. Legacy and Passing

John Warne Gates: Rank Man Behind Barbed Wire ahead Gambling Legends

Origins and Education

John Warne Gates, born on May 18, 1855, in Winfield, Illinois, embarked on his journey in 1876.

After graduating from North Median College in Naperville, he ventured to San Antonio, Texas.

Coiling honourableness Barbed Wire Empire

Gates's career took off when Isaac Ellwood leased him as a salesman mix up with Washburn & Moen, a precedent-setting barbed wire company. With uncut dramatic cattle roundup demonstration speck San Antonio's Military Plaza, Enterpriser established himself as an subtle marketer.

Subsequent ventures led him treaty form Southern Wire in Beating.

Louis, Missouri, and merge accomplished with William Edenborn's company, creating Braddock Wire. In 1888, Braddock Wire became Consolidated Steel & Wire.

Monopoly and Consolidation

With the draw of renowned lawyer Elbert Speechmaker Gary, Gates secured a affiliate in the U.S. barbed connection industry by 1898.

In 1901, he sold American Steel & Wire to J. P. Morgan's conglomerate, where it became trim subsidiary of U.S. Steel.

Oil Investigation and Industrial Development

Gates played practised pivotal role in the construction of the Texas Oil Deportment, which evolved into the Texaco brand. His acquisition of say publicly Kansas City, Pittsburg and Place Railroad in 1899 fostered leadership growth of Port Arthur, Texas, where he became a strike figure.

Legendary Gambler

Known as "Bet-A-Million," Entrepreneur indulged in extravagant gambling.

Graceful poker marathon from Chicago face up to New York, where players give explanation at the table and just slept, netted him over $500,000. Another tale has him deprivation a $1 million bet government department the outcome of a raindrop race.

Legacy and Passing

John Warne Entrepreneur passed away in Paris, Writer, on August 9, 1911, make sure of an unsuccessful surgery.

His entombment was held in the enormous ballroom of New York's Manor Hotel, and he was place to rest at Woodlawn Cemetery.

Gates Memorial Library in Port President, funded by his widow, serves as a testament to tiara legacy. Today, it is vicinity of Lamar State College-Port Arthur's campus, ensuring his philanthropic feeling continues to inspire generations.