Henry Osborne Havemeyer
Henry Osborne Havemeyer (October 18, 1847 – December 4, 1907) was an American industrialist and sugar magnate. He is best known for founding the American Sugar Refining Company, which later became known as the Domino Sugar company. Havemeyer played a significant role in the development of the sugar industry in the United States during the late 19th and early 20th centuries.
Early Life[edit | edit source]
Henry Osborne Havemeyer was born in New York City to Frederick Christian Havemeyer Jr. and Sarah Louise Henderson. The Havemeyer family had a long history in the sugar refining business, dating back to the early 19th century. Henry was educated in New York and later joined the family business.
Career[edit | edit source]
Havemeyer began his career in the sugar industry by working at his family's refinery. In 1868, he and his brother, Theodore Havemeyer, took over the business after their father's death. Under their leadership, the company expanded significantly.
In 1887, Henry Havemeyer founded the American Sugar Refining Company, which quickly grew to dominate the sugar industry in the United States. The company controlled a large portion of the sugar market and was often referred to as the "Sugar Trust." Havemeyer's business practices were sometimes controversial, and he faced criticism for his monopolistic tactics.
Personal Life[edit | edit source]
Henry Osborne Havemeyer married Louisine Elder in 1883. The couple had three children: Horace Havemeyer, Electra Havemeyer Webb, and Adaline Havemeyer Frelinghuysen. Louisine was an avid art collector, and the Havemeyer family amassed a significant collection of European and Asian art, much of which was later donated to the Metropolitan Museum of Art in New York City.
Legacy[edit | edit source]
Havemeyer's influence on the sugar industry was profound, and his business practices helped shape the modern sugar market. Despite facing criticism for his monopolistic methods, his contributions to the industry are undeniable. The Havemeyer family name remains associated with philanthropy and art collection, thanks in part to the efforts of Henry and Louisine Havemeyer.
Related Pages[edit | edit source]
- American Sugar Refining Company
- Domino Sugar
- Metropolitan Museum of Art
- New York City
- Sugar industry in the United States
Categories[edit | edit source]
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