Harrison Williams (entrepreneur)
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Harrison Charles Williams (March 16, 1873 – November 10, 1953) was an American entrepreneur, investor, and multi-millionaire.


Early life

Harrison Williams was born in Avon Township, Ohio in 1873 to Everett Williams and Laurett A. Williams. He graduated from
Elyria High School Elyria High School is a public high school in Elyria, Ohio. Founded in 1830, it is notable for being the first chartered high school west of the Allegheny Mountains. Elyria High School athletic teams are known as the Pioneers and compete in the ...
in 1890.


Adult life and career

In 1900, he married Katherine Gordon Breed in Pittsburgh. She died in 1915."Harrison Williams Marries Mrs. Bush."
''New York Times.'' 1926-07-03. Social News, p. 5.
Williams abandoned an unsuccessful bicycle manufacturing business in Lorain in 1903. He went to New York City and took a job with a carpet sweeper company. In 1906 he created American Gas & Electric Co., and six years later created another
holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
, Central States Electric Corp. During World War I he served as an assistant to Bernard Baruch, at the
War Industries Board The War Industries Board (WIB) was a United States government agency established on July 28, 1917, during World War I, to coordinate the purchase of war supplies between the War Department (Department of the Army) and the Navy Department. Because ...
, in Washington D.C., through Baruch he was introduced to attorney John Foster Dulles, who represented Williams throughout his business career.


Philanthropy and social networks

When the Prince of Wales (later Edward VIII) visited the United States on various occasions, he was Williams' guest at Glen Cove, Long Island, in the house Williams rented from banker J. P. Morgan Jr., and later at Williams' own estate, Oak Point, located just a few miles east, in Bayville, on Pine Island. In 1923, Williams financed and sponsored a trip to the
Galápagos Islands The Galápagos Islands (Spanish: , , ) are an archipelago of volcanic islands. They are distributed on each side of the equator in the Pacific Ocean, surrounding the centre of the Western Hemisphere, and are part of the Republic of Ecuador ...
through the
New York Zoological Society New is an adjective referring to something recently made, discovered, or created. New or NEW may refer to: Music * New, singer of K-pop group The Boyz Albums and EPs * ''New'' (album), by Paul McCartney, 2013 * ''New'' (EP), by Regurgitator ...
that was led by naturalist
William Beebe Charles William Beebe ( ; July 29, 1877 – June 4, 1962) was an American naturalist, ornithologist, marine biologist, entomologist, explorer, and author. He is remembered for the numerous expeditions he conducted for the New York Zoological ...
. Because of his patronage, there is a volcano in the Galapagos named after him. With
Vincent Astor William Vincent Astor (November 15, 1891 – February 3, 1959) was an American businessman, philanthropist, and member of the prominent Astor family. Early life Called Vincent, he was born in New York City on November 15, 1891. Astor was the el ...
and
Marshall Field Marshall Field (August 18, 1834January 16, 1906) was an American entrepreneur and the founder of Marshall Field and Company, the Chicago-based department stores. His business was renowned for its then-exceptional level of quality and customer ...
he also financed Beebe's expedition to the Sargasso Sea. He also contributed financially to the American Museum of Natural History's 1926 expedition to Greenland, led by George P. Putnam. Williams bought the Krupp-built ''Vanadis'', then the largest private yacht afloat, with a cruising radius of 12,000 mi., renamed her ''Warrior'', and refitted her for his own oceanographic and pleasure purposes. Today, as the '' Lady Hutton'', she serves as a floating hotel in Stockholm harbor, Sweden.


Second marriage

In 1926, at age 53, after being a widower for 11 years, Williams married the divorcée Mona Bush, 24 years his junior. Mona had begun life as Mona Strader, the daughter of a Kentucky horse farm worker. They departed on a year-long around-the-world honeymoon cruise on the ''Warrior''. The trip was chronicled by
Paul Cravath Paul Drennan Cravath (July 14, 1861 – July 1, 1940) was a prominent Manhattan lawyer and a partner of the New York law firm Cravath, Swaine & Moore. He devised the Cravath System, was a leader in the Atlantist movement, and was a founding ...
, a prominent New York City attorney. In 1933 she became the first American voted the "Best Dressed Woman in the World." The couple had several residences: one in Manhattan, one just outside New York City, and one in Florida. They bought the Willard D. Straight House at 94th Street and Fifth Avenue from steel magnate
Elbert Gary Elbert Henry Gary (October 8, 1846August 15, 1927) was an American lawyer, county judge and business executive. He was a founder of U.S. Steel in 1901, bringing together partners J. P. Morgan, Andrew Carnegie, and Charles M. Schwab. The city o ...
.The mansion is now owned by
Bruce Kovner Bruce Stanley Kovner (born 1945) is an American billionaire hedge fund manager and philanthropist. He is chairman of CAM Capital, which he established in January 2012 to manage his investment, trading and business activities. From 1983 through 2 ...
.
They bought "Blythedunes", designed by
Maurice Fatio Maurice Fatio (1897–1943) was a Swiss-born American architect. Biography Maurice Fatio was born in Geneva, Switzerland on March 18, 1897. He graduated from the Polytechnical School at the University of Zurich and studied under Swiss architec ...
, at 513 North County Blvd., in Palm Beach, Florida. They bought a Long Island estate in the village of Bayville. As "Dunstable", it had been the home of
Winslow S. Pierce Winslow may refer to: Places United Kingdom * Winslow, Buckinghamshire, England, a market town and civil parish * Winslow Rural District, Buckinghamshire, a rural district from 1894 to 1974 United States and Canada * Rural Municipality of Winslow ...
, the senior partner in the Wall Street law firm of Pierce & Greer, and the attorney for
George Jay Gould I George Jay Gould I (February 6, 1864 – May 16, 1923) was a financier and the son of Jay Gould. He was himself a railroad executive, leading the Denver and Rio Grande Western Railroad (DRGW), Western Pacific Railroad (WP), and the Manhatt ...
, the railroad executive and son of railroad financier
Jay Gould Jason Gould (; May 27, 1836 – December 2, 1892) was an American railroad magnate and financial speculator who is generally identified as one of the robber barons of the Gilded Age. His sharp and often unscrupulous business practices made him ...
. Williams renamed it "Oak Point", and commissioned architects
Delano & Aldrich Delano & Aldrich was an American Beaux-Arts architectural firm based in New York City. Many of its clients were among the wealthiest and most powerful families in the state. Founded in 1903, the firm operated as a partnership until 1935, when Ald ...
to convert the mansion from a Dutch Colonial exterior to an English Georgian motif. He also added an indoor tennis and swimming pavilion, several holes of golf, formal gardens designed by
Beatrix Farrand Beatrix Cadwalader Farrand (née Jones; June 19, 1872 – February 28, 1959) was an American landscape gardener and landscape architect. Her career included commissions to design about 110 gardens for private residences, estates and country ho ...
& the Olmstead firm, and remodeled a U-shaped
carriage house A carriage house, also called a remise or coach house, is an outbuilding which was originally built to house horse-drawn carriages and the related tack. In Great Britain the farm building was called a cart shed. These typically were open ...
to accommodate his fourteen
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automobiles. This carriage house now serves as the Bayville village hall, library and museum. In 1927, Williams commissioned muralist Jose Maria Sert to create paintings depicting tightrope walkers and acrobats to decorate the
Art Deco Art Deco, short for the French ''Arts Décoratifs'', and sometimes just called Deco, is a style of visual arts, architecture, and product design, that first appeared in France in the 1910s (just before World War I), and flourished in the Unite ...
lounge of the sports pavilion. Mona Williams later had these removed to her villa, "Il Fortino", on Italy's isle of Capri. By 1929, Williams had accumulated a fortune estimated at a $680 million (equivalent of about $ billion in ) in public utilities, making him the one of the wealthiest men in the country. He also began a business partnership with
Waddill Catchings Waddill Catchings (September 6, 1879 – December 31, 1967) was an American economist who collaborated with his Harvard classmate William Trufant Foster in a series of economics books that were highly influential in the United States in the 19 ...
of Goldman Sachs & Co. In 1937 he was investigated regarding investment trusts by the Securities and Exchange Commission. Also that year he began an affair with
Coco Chanel Gabrielle Bonheur "Coco" Chanel ( , ; 19 August 1883 – 10 January 1971) was a French fashion designer and businesswoman. The founder and namesake of the Chanel brand, she was credited in the post-World War I era with popularizing a sporty, c ...
.


Death and legacy

Williams died at Bayville in 1953. In 1955, his widow married her secretary, Count Albrecht "Eddy" Von Bismarck, thus becoming the Countess Von Bismarck. She spent much of the balance of her life living in
Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), ma ...
, and summering at her villa on the Isle of Capri, but returned to her Bayville estate several times each year. At Mona's death in 1983, by then known as "The Kentucky Countess," her will established the Mona Bismarck American Center for Art & Culture, at 34 Avenue de New York, Paris, dedicated to improving Franco-American cultural relations, which is housed in her former Parisian townhouse. The house also houses the American Club in Paris.


References

* John N. Ingham. ''Biographical dictionary of American business leaders.'' * James D. Birchfield. ''Kentucky Countess: Mona Bismarck in Art and Fashion''. Lexington, KY: University of Kentucky Art Museum, 1997. {{DEFAULTSORT:Williams, Harrison American company founders People from Lorain County, Ohio People from Bayville, New York 1873 births 1953 deaths