Henry Clay Frick biography
Henry Clay Frick, (born December 19, 1849, West Overton, Pennsylvania, U.S.—died December 2, 1919, New York City), U.S. industrialist, artwork collector, and philanthropist who helped construct the world’s largest coke and metal operations.
Frick started constructing and working coke ovens in 1870, and the next yr he organized Frick and Company. Taking benefit of the troublesome occasions following the monetary panic of 1873, he acquired in depth coal deposits and provided Pittsburgh with the coke required for its metal and iron business.
In 1889 Frick was made chairman of Carnegie Brothers and Company to reorganize their metal enterprise. He initiated far-reaching enhancements and acquired out Carnegie’s chief competitor, the Duquesne Steel Works. He was answerable for constructing Carnegie into the biggest producer of metal and coke on the earth. As a results of his main function within the dispute in the course of the Homestead (Pennsylvania) metal strike of 1892, he was shot and stabbed by Alexander Berkman, an anarchist, however survived.
Frick performed a significant function within the formation of the United States Steel Corporation in 1901 and later turned a director. He additionally served as a director of numerous railroads.
Upon his dying Frick bequeathed $15,000,000 and his Fifth Avenue mansion to New York City to ascertain the Frick Collection, a trove of work, bronzes, and enamels he had collected over a 40-year interval. It is mostly thought-about one of many nice privately owned museums of the world. His different presents embrace a 150-acre (61-hectare) park and a $2,000,000 endowment to town of Pittsburgh, in addition to liberal contributions to Princeton University.
