Edward H. Harriman

Date of Birth: February 20, 1848

Zodiac Sign: Pisces

Date of Death: September 9, 1909

Biography

Edward Henry Harriman was a prominent American businessman and railroad executive who played a significant role in the expansion and modernization of the American railroad system during the late 19th and early 20th centuries. Born into a family of modest means, Harriman began his career as a broker on Wall Street before moving into the railroad industry. His keen business acumen and strategic vision allowed him to take control of several major railroads, including the Union Pacific and Southern Pacific railroads. Harriman is best known for his leadership in reorganizing and revitalizing these railroads, making them more efficient and profitable. His efforts not only improved transportation but also had a lasting impact on the economic development of the United States.

5 Interesting Facts about Edward H. Harriman

1. Edward H. Harriman began his career on Wall Street at the age of 14.

2. He took control of the Union Pacific Railroad in 1898 and later the Southern Pacific Railroad.

3. Harriman was a key figure in the famous “Railroad War” against James J. Hill.

4. He established the Harriman Alaska Expedition in 1899 to explore and document the Alaskan coast.

5. Harriman’s legacy includes the Harriman State Park in New York, which was established by his widow, Mary Averell Harriman.

5 Most Interesting Quotes from Edward H. Harriman

1. “Much good work is lost for the lack of a little more.”

2. “It is never safe to look into the future with eyes of fear.”

3. “Every man should have a purpose in life – it becomes a strategy for his actions.”

4. “Success is the child of drudgery and perseverance. It cannot be coaxed or bribed; pay the price and it is yours.”

5. “The greatest hazard in life is to risk nothing.”

Highest Net Worth Achieved

At the peak of his career, Edward H. Harriman’s net worth was estimated to be around $200 million, equivalent to several billion dollars today after adjusting for inflation.

Children

Edward H. Harriman and his wife, Mary Averell Harriman, had six children: 1. Edward Roland Noel Harriman 2. Mary Harriman Rumsey 3. Cornelia Harriman Gerry 4. Carol Harriman 5. William Averell Harriman 6. Ethel Harriman