George Hearst Net Worth - Pulptastic

Publish date: 2024-05-08

What was George Hearst’s Net Worth?

George Hearst was a prominent American businessman and politician, with a net worth of $20-30 billion at the time of his death in 1891. He was married to Phoebe Apperson Hearst, a well-known philanthropist and socialite. The Hearst family is still one of the wealthiest families in the world, with a combined net worth of $25 billion.

Although Hearst’s wealth was not as vast as some of his contemporaries, such as John D. Rockefeller and Andrew Carnegie, his influence in the American mining industry was significant. His son, William Randolph Hearst, went on to become a famous media mogul, and the Hearst family’s legacy continues to be felt in many areas of American life today.

The media empire established by William Randolph Hearst includes a variety of publications.

William Randolph Hearst: Building a Media Empire

William Randolph Hearst, son of George Hearst, became a prominent media mogul of the 20th century. He founded the Hearst Corporation, which is now one of the largest media companies in the world. Hearst’s media empire included newspapers, magazines, and television stations.

Today, Hearst’s descendants continue to be influential figures in business, politics, and the arts. Patty Hearst, one of William’s great-grandchildren, gained notoriety as a bank robber. Several of his great-great-grandchildren have become successful models, including Lydia Hearst and Amanda Hearst.

George Hearst’s Early Life

George Hearst was born on September 3, 1820, in Sullivan, Missouri. He grew up in a farming community and had little formal education. However, he displayed a keen interest in mining and prospecting from an early age.

George Hearst’s Role in the Comstock Lode Discovery

After moving to California in the mid-1850s, Hearst became a skilled prospector and made his first big strike in 1859 with the discovery of the Comstock Lode in Nevada, one of the largest and richest silver deposits in history. Estimates suggest the total amount of silver extracted from the Comstock Lode was worth billions of dollars today. Hearst’s role in the discovery and development of the Comstock Lode played a significant role in his success as a businessman and politician, and he remains one of the most important figures in the American mining industry.

Hearst’s mining operations grew rapidly, making him one of the most powerful and influential figures in the industry.

Hearst’s Business Acumen

George Hearst was not only involved in mining but also had investments in real estate, railroads, and other businesses. He was known for his sharp business sense and his ability to identify promising investment opportunities.

Political Career of George Hearst

George Hearst served as a senator from California from 1887 until his death in 1891. He was a strong advocate for the mining industry and supported silver coinage. He was also a staunch supporter of the Republican Party and was involved in several key political battles during his career.

George Hearst in “Deadwood”

George Hearst is portrayed in the television show “Deadwood” as a ruthless businessman who dominates the local community and exploits the miners and other residents of the town. Many of the events and characters portrayed in the show are based on real historical figures and events.

While the show takes some liberties with the details of Hearst’s life and career, his character is generally accurate. Historians note that he was a powerful and ruthless businessman who was not above using his wealth and influence to get what he wanted. He was also a key figure in the development of many mining towns in the western United States.

However, the show exaggerates Hearst’s violent and sadistic character, as there is little evidence to suggest that he was as cruel as he is portrayed in the show.

Hearst and his wife Phoebe’s lavish lifestyle and love for the arts

George Hearst married Phoebe Apperson Hearst in 1862 and they had one child, William Randolph Hearst. Phoebe was a prominent philanthropist and socialite who shared Hearst’s interest in education and the arts. The couple’s extensive art collection included works by many famous artists of the day.

Death of George Hearst

George Hearst died on February 28, 1891, in Washington, D.C. He was 70 years old at the time of his death, and his passing was widely mourned throughout the country.

He was buried in the Cypress Lawn Memorial Park in Colma, California.

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