American Fur Trading Company and John Jacob Astor

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American History


Written by:

Lois L


Date added:

September 22, 2011







No of pages / words:

8 / 2119


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2366 times


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Starting out in American as a young German immigrant, John Jacob Astor became involved in the fur trading business "without ever having set a trap" (Stokesbury) and eventually built a fur trading company that extended across the United States and into Canada and made him the richest man in America and the fourth richest American of all time (Wikipedia)...
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Many of his business methods were unethical and illegal and took advantage of those without the means or ability to protect their interests. His wealth influenced government policies and politicians to favor his ambitions, gave him unfair advantage over his competition and fostered a destructive business environment...
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