Overview
Edward Henry Harriman (February 20, 1848 – September 9, 1909) was an American financier and railroad executive.
Early life
Harriman was born on February 20, 1848, in Hempstead, New York, the son of Orlando Harriman Sr., an Episcopal clergyman, and Cornelia Neilson. He had a brother, Orlando Harriman Jr. His great-grandfather, William Harriman, had emigrated from England in 1795 and became a successful businessman and trader.
As a young boy, Harriman spent a summer working at the Greenwood Iron Furnace in the area owned by the Robert Parker Parrott family that would become Harriman State Park. He quit school at age 14 to take a job as an errand boy on Wall Street in New York City. His uncle Oliver Harriman had earlier established a career there. By age 22, he was a member of the New York Stock Exchange.
Career
Harriman's father-in-law was president of the Ogdensburg and Lake Champlain Railroad Company, which aroused Harriman's interest in upstate New York transportation. In 1881, at age 33, Harriman acquired the small, broken-down Lake Ontario Southern Railroad. He renamed it the Sodus Bay & Southern, reorganized it, and sold it to the Pennsylvania Railroad at a considerable profit. This was the start of his career as a rebuilder of bankrupt railroads.
From Wikipedia (CC BY-SA 4.0).