Hetty: The Genius and Madness of America's First Female Tycoon

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When J. P. Morgan called a meeting of New York's financial leaders after the stock market crash of 1907, Hetty Green was the only woman in the room. The Guinness Book of World Records memorialized her as the World's Greatest Miser, and, indeed, this unlikely robber baron -- who parlayed a comfortable inheritance into a fortune that was worth about 1.6 billion in today's dollars -- was frugal to a fault. But in an age when women weren't even allowed to vote, never mind concern themselves with interest rates, she lived by her own rules. In Hetty, Charles Slack reexamines her life and legacy, giving us, at long last, a splendidly "nuanced portrait" (Newsweek) of one of the greatest -- and most eccentric -- financiers in American history.

This P.S. edition features an extra 16 pages of insights into the book, including author interviews, recommended reading, and more.

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About the author

Charles Slack is the author of Noble Obsession: Charles Goodyear, Thomas Hancock, and the Race to Unlock the Greatest Industrial Secret of the Nineteenth Century, named one of the New York Public Library's twenty-five "Books to Remember" for 2002, and Blue Fairways: Three Months, Sixty Courses, No Mulligans. His writing has appeared in many national magazines. He lives in Connecticut with his wife, Barbara, and their daughters, Natalie and Caroline.

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Additional Information

Publisher
Harper Collins
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Published on
Apr 5, 2011
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Pages
288
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ISBN
9780062038111
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Language
English
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Genres
Biography & Autobiography / Business
Biography & Autobiography / Women
History / United States / 19th Century
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Content Protection
This content is DRM protected.
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Eligible for Family Library

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A captivating biography of America's first female tycoon, Hetty Green, the iconoclast who forged one of the greatest fortunes of her time.
 
    No woman in the Gilded Age made as much money as Hetty Green. At the time of her death in 1916, she was worth at least 100 million dollars, equal to more than 2 billion dollars today. A strong believer in women being financially independent, she offered valuable lessons for the present times.
    Abandoned at birth by her neurotic mother, scorned by her misogynist father, Hetty set out as a child to prove her value. Following the simple rules of her wealthy Quaker father, she successfully invested her money and along the way proved to herself that she was wealthy and therefore worthy. 
   Never losing faith in America's potential, she ignored the herd mentality and took advantage of financial panics and crises. When everyone else was selling, she bought railroads, real estate, and government bonds. And when everyone was buying and borrowing, she put her money into cash and earned safe returns on her dollars. Men mocked her and women scoffed at her frugal ways, but she turned her back and piled up her earnings, amassing a fortune that supported businesses, churches, municipalities, and even the city of New York itself. 
   She relished a challenge. When her aunt died and did not leave Hetty the fortune she expected, she plunged into a groundbreaking lawsuit that still resonates in law schools and courts. When her husband defied her and sank her money on his own risky interests, she threw him out and, marching down to Wall Street, quickly made up the loss. Her independence, outspokenness, and disdain for the upper crust earned her a reputation for harshness that endured for decades. Newspapers kept her in the headlines, linking her name with witches and miscreants. Yet those who knew her admired her warmth, her wisdom, and her wit. 
   Set during a period of financial crisis strikingly similar to our current one, acclaimed author Janet Wallach's engrossing exploration of a fascinating life revives a rarely-mentioned queen of American finance.
Filled with glamour, mystery, and madness, Archie and Amélie is the true story chronicling a tumultuous love affair in the Gilded Age.

John Armstrong "Archie" Chanler was an heir to the Astor fortune, an eccentric, dashing, and handsome millionaire. Amélie Rives, Southern belle and the goddaughter of Robert E. Lee, was a daring author, a stunning temptress, and a woman ahead of her time.

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They were the F. Scott and Zelda Fitzgerald of their day—a celebrated couple too dramatic and unconventional to last—but their tumultuous story has largely been forgotten. Now, Donna M. Lucey vividly brings to life these extraordinary lovers and their sweeping, tragic romance.


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In the spirit of Steve Jobs and Moneyball, Elon Musk is both an illuminating and authorized look at the extraordinary life of one of Silicon Valley’s most exciting, unpredictable, and ambitious entrepreneurs—a real-life Tony Stark—and a fascinating exploration of the renewal of American invention and its new “makers.”

Elon Musk spotlights the technology and vision of Elon Musk, the renowned entrepreneur and innovator behind SpaceX, Tesla, and SolarCity, who sold one of his Internet companies, PayPal, for $1.5 billion. Ashlee Vance captures the full spectacle and arc of the genius’s life and work, from his tumultuous upbringing in South Africa and flight to the United States to his dramatic technical innovations and entrepreneurial pursuits.

Vance uses Musk’s story to explore one of the pressing questions of our age: can the nation of inventors and creators who led the modern world for a century still compete in an age of fierce global competition? He argues that Musk—one of the most unusual and striking figures in American business history—is a contemporary, visionary amalgam of legendary inventors and industrialists including Thomas Edison, Henry Ford, Howard Hughes, and Steve Jobs. More than any other entrepreneur today, Musk has dedicated his energies and his own vast fortune to inventing a future that is as rich and far-reaching as the visionaries of the golden age of science-fiction fantasy.

Thorough and insightful, Elon Musk brings to life a technology industry that is rapidly and dramatically changing by examining the life of one of its most powerful and influential titans.

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