Henry Flagler Net Worth: Henry Flagler was an American industrialist who had a net worth of $ 60 million at the time of his death in 1913. This equates to about $ 1.6 billion in today’s dollars. Flagler earned his fortune as the founder of Standard Oil.
Henry Flagler was born in Hopewell, New York in January 1830 and died in May 1913. He played a key role in the development of the Atlantic coast of Florida. Flagler was one of the founders of what would become the Florida East Coast Railway. He is known as the father of Miami and Palm Beach, Florida. He founded the Flagler and York Salt Company with his brother-in-law in 1862. After this business failed, he worked in the grain trade and met John D. Rockefeller. It was part of the Rockefeller, Andrews & Flagler partnership which became the Standard Oil Corporation. The company has gradually gained almost complete control of oil refining and marketing in the United States through horizontal integration. The operation made its founders some of the richest people on the planet. Rockefeller is widely regarded as the richest man in modern history.
Henry Flagler died on May 20, 1913 at the age of 83.