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= John Jacob Astor made his fortune in the fur trade and real estate in New York. He is credited with being Americas first millionaire as most if not all his monies were made here, however there was a man, Elias Hasket Derby, Derby is often referred to as "King Derby" or as America's first millionaire. However, it is improbable that Elias Hasket Derby was known as King Derby during his life time. Nathaniel Hawthorne bestowed the title on him in The Scarlet Letter (p. 4). As for being America's first millionaire, Derby was but one of a number of highly successful Massachusetts merchants of the period.
Wiki User
∙ 15y ago
Wiki User
∙ 14y agoJohn Jacob Astor was the first American millionaire, a fur trader. He created the American Fur Company, lobbied Congress to pass trade restrictions against British furs and profited from it.
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∙ 15y agoAdd your answer:
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What were Americas first cabinet makers called?
Joiners
Experts believe the first Americas were from Were?
There is a belief that the first Americans migrated from Asia. They crossed from Russia over the Bering Strait that was above water at the time into Alaska and spread down throughout the Americas.
What was the most difficult problem facing Americas first government?
no money
Who were the first two European countries to bring African slaves to the Americas?
Spain and Portugal.
Was Americas first government weak?
yes it was ............................................................. i really dont freakin know GOSH
What is the duration of A Millionaire's First Love?
The duration of A Millionaire's First Love is 1.93 hours.
When was A Millionaire's First Love created?
A Millionaire's First Love was created on 2006-02-09.
Who was the first female melmare?
who was the first female to be a millionaire
What is the name of the first US millionaire?
First fur trade millionaire was J J Astor See Wikipedia "Fur Trade"
Who was the state's first millionaire?
Harold ford.
Who were the first peoples who migrated to the Americas?
The first people in the Americas were bands of hunter-gatherers.
First African American millionaire?
Alonzo Herndon
What baseball player became the first millionaire by his investments in General Motors and Coca-Cola?
Ty Cobb became the first baseball player to become a millionaire.
What was Latin Americas first civilization?
The Olmec of southern Mexico built Latin Americas first civilization.
WHAT WERE MADAME CJ WALKER?
First women millionaire
Who is first millionaire man in the world?
john astor
Who was the first Millionaire?
yes she is i think hope fully?
