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USA: John Jacob Astor (1763 – 1848) was an American business magnate, merchant, investor and opium smuggler in the Old China Trade.

Astor was a German-American business magnate, merchant and investor who was the first prominent member of the Astor family and the first multi-millionaire in the United States. He was the creator of the first trust in America. He went to the United States following the American Revolutionary War and built a fur-trading empire that extended to the Great Lakes region and Canada, and later expanded into the American West and Pacific coast. In 1816, he joined the opium smuggling trade. His American Fur Company purchased ten tons of Turkish opium, then shipped the contraband item to Canton (Guangzhou). In the early 19th century, he diversified into New York City real estate and later became a famed patron of the arts.
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Title:
USA: John Jacob Astor (1763 – 1848) was an American business magnate, merchant, investor and opium smuggler in the Old China Trade.
Caption:
Astor was a German-American business magnate, merchant and investor who was the first prominent member of the Astor family and the first multi-millionaire in the United States. He was the creator of the first trust in America. He went to the United States following the American Revolutionary War and built a fur-trading empire that extended to the Great Lakes region and Canada, and later expanded into the American West and Pacific coast. In 1816, he joined the opium smuggling trade. His American Fur Company purchased ten tons of Turkish opium, then shipped the contraband item to Canton (Guangzhou). In the early 19th century, he diversified into New York City real estate and later became a famed patron of the arts.
Credit:
Album / Pictures from History/Universal Images Group
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Image size:
3783 x 4600 px | 49.8 MB
Print size:
32.0 x 38.9 cm | 12.6 x 15.3 in (300 dpi)
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