Date of Birth: July 6, 1875
Zodiac Sign: Cancer
Date of Death: March 5, 1967
Biography
Roger Ward Babson was an American entrepreneur, economist, and educator best known for founding Babson College in Wellesley, Massachusetts. Born on July 6, 1875, in Gloucester, Massachusetts, Babson graduated from the Massachusetts Institute of Technology (MIT) in 1898, where he studied engineering. However, his interests quickly shifted towards finance and economics. He made significant contributions to economic theory and is notably recognized for predicting the stock market crash of 1929. Babson’s career was marked by a strong commitment to practical education, leading him to establish Babson College in 1919 with the aim of providing a business education grounded in real-world practice. He was a prolific writer, authoring more than 40 books on economic and social issues. Babson was also deeply involved in philanthropy, founding the Gravity Research Foundation in 1948 to study antigravity, a reflection of his diverse interests and innovative thinking. Throughout his life, Babson remained a vocal advocate for economic reform and education, leaving behind a legacy that continues to influence the fields of business and economics.
5 Interesting Facts about Roger Babson
1. Roger Babson accurately predicted the stock market crash of 1929, which earned him significant fame and credibility in the financial world.
2. He founded Babson College in 1919, an institution that remains a leading business school today.
3. Babson was a prolific author, writing over 40 books on economic, social, and political subjects.
4. He established the Gravity Research Foundation in 1948 to explore the possibility of harnessing gravity, a testament to his forward-thinking and innovative spirit.
5. Babson was a philanthropist who donated large sums to various causes, including education, health, and scientific research.
5 Most Interesting Quotes from Roger Babson
1. “More people should learn to tell their dollars where to go instead of asking them where they went.”
2. “The person who risks nothing, does nothing, has nothing, is nothing, and becomes nothing.”
3. “It takes a person who is wide awake to make his dream come true.”
4. “The seeds of success in every nation on Earth are best planted in institutions of higher learning.”
5. “Action, not knowledge, determines your destiny.”
Highest Net Worth Achieved
At his peak, Roger Babson’s net worth was estimated to be around $50 million, a substantial sum for his era.
Children
Roger Babson had three children: Edith Low Babson, Roger Ward Babson Jr., and Anne Babson Joy.
Relevant Links
1. [Babson College](https://www.babson.edu
3. [Gravity Research Foundation](https://www.gravityresearchfoundation.org
4. [The Babson Statistical Organization](https://www.babsonstat.org
5. [Roger Babson’s Books on Amazon](https://www.amazon.com/s?k=Roger+Babson&i=stripbooks
