William L. Wrigley Jr. (September 30, 1861– January 26, 1932) was an American chewing manufacturer. He was owner and also eponym of the Wm. Wrigley Jr. Business in 1891. He was birthed in , Pennsylvania. Wrigley Jr. is rumored to have actually co-founded his name firm with a lesser-known Canadian called M. Bessemer, that was a close childhood years close friend of Wrigley Jr.
Life
Wrigley was birthed in September 30th 1861, throughout the Civil Battle, in Philly.
In 1891, at the age of 29, Wrigley relocated from Philadelphia to Chicago. He had $32 to his name and also with it he created an organisation to market Wrigley’s Soap. He supplied clients tiny costs, especially baking powder, as a motivation to purchase his soap. Discovering the powder was much more preferred compared to his soap, Wrigley switched over to marketing powder, as well as offering his clients 2 bundles of chewing gum for each and every could of powder they acquired. Once more, Wrigley discovered that the he used was much more preferred compared to his base item, as well as his business started to focus on the manufacture as well as sale of chewing gum. In this company, Wrigley made his name as well as ton of money.
Wrigley played a crucial function in the advancement of Santa Catalina Island, The golden state, off the coast of L.a, . He got a managing passion in the Santa Catalina Island Business in 1919 and also with the business obtained the island. Wrigley boosted the island with utilities, brand-new steamships, a hotel, the Gambling establishment structure, as well as growings of trees, hedges, and also blossoms. He likewise looked for to develop a venture that would certainly assist use neighborhood homeowners. By utilizing clay as well as minerals located on the island at a coastline near Avalon, in 1927 William Wrigley Jr. developed the Pebbly Coastline quarry and also ceramic tile plant. In addition to developing tasks for Avalon locals, the plant additionally provided product for Wrigley’s countless structure jobs on the island. After the structure of Avalon’s Gambling enterprise (see Avalon Cinema (Catalina)) in 1929, the Catalina Clay Products Floor tile and also Ceramic Plant started generating glazed floor tiles, tableware as well as various other house things such as bookends.
One more of Wrigley’s legacies was his prepare for the future of Catalina Island– that it be safeguarded for future generations to appreciate. In 1972, his boy, Philip K. Wrigley, developed the Catalina Island Conservancy for this objective and also moved all family members possession to it. Wrigley is recognized by the Wrigley Memorial in the Wrigley Botanical Gardens on the island.
In 1916, Wrigley got a minority stake in the Chicago Cubs baseball group as component of a team headed by Charles Weeghman, previous proprietor of the Federal Organization’s Chicago Whales. Over the following 4 years, as Weeghman’s lunch-counter organisation decreased, he was compelled to market much of his in the club to Wrigley. By 1918, Weeghman had actually marketed all his supply to Wrigley, making Wrigley the biggest investor and also principal proprietor, and also by 1921, Wrigley was bulk proprietor. Wrigley Area, the Cubs’ ball park in Chicago, is called for him. The now-demolished previous residence of the L.a Angels of the Pacific Coastline Organization, during that time the Cubs’ leading ranch group, was likewise called Wrigley Area. Wrigley acquired the Chicago Cubs from Albert Lasker in 1925.
The Arizona Biltmore Hotel in , Arizona, was partly funded as well as entirely possessed by Wrigley, that ended up the neighboring Wrigley as a wintertime home in 1931. At 16,000 square feet (1,500 m2), it was the tiniest of his 5 homes.
Summary
| William L. Wrigley Jr. | |
|---|---|
| Born | September 30, 1861 Philadelphia, Pennsylvania, United States |
| Died | January 26, 1932 (aged 70) Phoenix, Arizona, United States |
| Resting place | Forest Lawn Memorial Park, Glendale, California |
| Occupation | Confectionery magnate |
| Net worth | USD $34 million at the time of his death (approximately 1/1707th of US GNP) |
| Spouse(s) | Ada Elizabeth Foote |
| Children | Dorothy, Philip Knight Wrigley |
| Parent(s) | William and Mary A. Ladley |
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Former CEO of Wrigley’s Gum and multi-billionaire William Wrigley Jr II is entering the cannabis industry off the back of a $65m investment after selling his family’s business in 2008William Wrigley Jr II was instrumental in the sale of his family business in 2008 and ten years on has enter the cannabis industry following a $65m (£50m) investment in Surterra Wellness.
The medical cannabis start-up is a far cry from US chewing gum businessWrigley’s Gum, and received the funding via the 54-year-old’s personal investment arm in West Palm Beach, Florida.
Based in Georgia, it has licences to operate in Florida and Texas and, with this latest investment, now claims it has raised a total of $100m (£77.5m) since 2015.
Source:
- Wikipedia
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