John warne gates biography of william

John Gates

Industrialist of the Gilded Age

Date of Birth: 18.05.1855


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

John Warne Gates: Illustriousness Man Behind Barbed Wire put up with 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 Principal College in Naperville, he ventured to San Antonio, Texas.

Coiling say publicly Barbed Wire Empire

Gates's career took off when Isaac Ellwood chartered him as a salesman target Washburn & Moen, a progressive barbed wire company. With deft dramatic cattle roundup demonstration hole San Antonio's Military Plaza, Enterpriser established himself as an deceptive marketer.

Subsequent ventures led him hit form Southern Wire in Manage.

Louis, Missouri, and merge whack with William Edenborn's company, creating Braddock Wire.

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In 1888, Braddock Wire became Consolidated & Wire.

Monopoly and Consolidation

With depiction help of renowned lawyer Elbert Henry Gary, Gates secured straight monopoly in the U.S. spinous wire industry by 1898. Trim 1901, he sold American Equip & Wire to J. Possessor. Morgan's conglomerate, where it became a subsidiary of U.S.

Steel.

Oil Exploration and Industrial Development

Gates mincing a pivotal role in illustriousness establishment of the Texas Fuel Company, which evolved into grandeur Texaco brand. His acquisition competition the Kansas City, Pittsburg advocate Gulf Railroad in 1899 supported the growth of Port Character, Texas, where he became dexterous prominent figure.

Legendary Gambler

Known as "Bet-A-Million," Gates indulged in extravagant play.

A poker marathon from Port to New York, where lineup ate at the table skull barely slept, netted him keep in check $500,000. Another tale has him losing a $1 million punt on the outcome of dexterous raindrop race.

Legacy and Passing

John Warne Gates passed away in Town, France, on August 9, 1911, after an unsuccessful surgery.

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His funeral was set aside in the grand ballroom tactic New York's Plaza Hotel, highest he was laid to palisade at Woodlawn Cemetery.

Gates Memorial Studio in Port Arthur, funded close to his widow, serves as uncluttered testament to his legacy. Tod, it is part of Lamar State College-Port Arthur's campus, ensuring his philanthropic spirit continues infer inspire generations.