COTRUGLI Business Museum

Museum / Lives / John Murray Forbes

No. 21356

John Murray Forbes

1813-1898Merchant and industrialistAmericas · 1813Most named place: Boston
MerchantIndustrialistRoom: The Canton Trade System

John Murray Forbes was born in powerful Massachusetts’ mercantile family, and began his career at age 15 working for his uncle in the firm Perkins and Company. In 1830 he went to Canton where he worked as a clerk in the Russell & Company from Boston, and four years later as a partner. In 1837 Forbes returned to Boston as a wealthy man and continued to work as company’s agent in charge for goods shipped to the US. Part of the wealth acquired in trade Forbes invested in industry. He became exceptionally successful railroad entrepreneur in the West. Forbes also served as president of the Michigan Central Railroad (between 1846 and 1855), and director (between 1857 and 1898) and president (1878-1881) of the Chicago, Burlington & Quincy Railroad. During his life Forbes was known as a great philanthropist.

Portrait of John Murray Forbes

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