Henry Wells

Date of Birth: December 12, 1805

Zodiac Sign: Sagittarius

Date of Death: December 10, 1878

Biography

Henry Wells was an influential American businessman best known for co-founding the iconic companies American Express and Wells Fargo. Born into a modest family, Wells rose to prominence through his innovative spirit and relentless drive. He initially worked in the express mail industry, which was burgeoning in the mid-19th century, and quickly realized the potential for a more efficient and reliable service. Along with William G. Fargo, he founded Wells Fargo & Company in 1852, revolutionizing the way people and businesses transported valuable goods and money across the expanding United States. Henry Wells was also a pioneer in financial services, significantly contributing to the development of the American banking system. His vision extended beyond just logistics and banking; he was deeply committed to education and social causes, actively supporting institutions like Wells College in Aurora, New York. Henry Wells remains a towering figure in American business history, emblematic of entrepreneurship and public service.

5 Interesting Facts about Henry Wells

1. Henry Wells co-founded both American Express and Wells Fargo.

2. He was a strong advocate for women’s education and played a crucial role in establishing Wells College.

3. Wells Fargo initially started as a delivery service for gold and other valuable items during the California Gold Rush.

4. Henry Wells was known for his philanthropy, contributing significantly to educational institutions and social causes.

5. In addition to his business ventures, Henry Wells held several patents related to transportation and logistics.

5 Most Interesting Quotes from Henry Wells

1. “Success in business requires training, discipline and hard work.”

2. “The measure of success is not whether you have a tough problem to deal with, but whether it is the same problem you had last year.”

3. “Our greatest asset is the customer! Treat each customer as if they are the only one!”

4. “Innovation is the ability to see change as an opportunity—not a threat.”

5. “In business, the rearview mirror is always clearer than the windshield.”

Highest Net Worth Achieved

At the peak of his career, Henry Wells’ net worth was estimated to be equivalent to approximately $100 million in today’s dollars.

Children

Henry Wells had three children: Mary Wells, Edward Wells, and Charles Wells. His children continued his legacy of philanthropy and involvement in business, particularly in supporting educational institutions.