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Jeremiah Hamilton - The richest Black Man in 19th-century America - Coggle…
Jeremiah Hamilton - The richest Black Man in 19th-century America
Early life/background
Very little known
Early involvement in trading/finance
Entered economic world despite racial barriers
Rise to wealth
Wall Street trading and insurance dealings
Strategies for success
Aggressive investments
Exploit market loopholes
Challenge established bussinessmen
Examples of successful conflicts
Conflicts and racial barriers
White competitors tried to sabotage him
Responses
Lawsuits
Financial retaliation
Publicly confront rivals
Reputation: fearless and unforgiving
Peak wealth and influence
Richest black man of his time
Business domains
Real estate
Insurance
Stocks
Legacy
Why largely forgotten: racism, lack of records
Significance: race, capitalism, resilience