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John Jacob Astor incorporates the American Fur Company, that would eventually make him America's first millionaire.
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John Jacob Astor
German-born American businessman (1763–1848)
John Jacob Astor was a German-born American businessman, merchant, real estate mogul, and investor. Astor made his fortune mainly in a fur trade monopoly, by exporting opium into the Chinese Empire, and by investing in real estate in or around New York City during the late 18th…Source: Wikipedia (CC BY-SA)
American Fur Company
Fur trading company based in New York City (1808–47)
The American Fur Company (AFC) was a prominent American company that sold furs, skins, and buffalo robes. It was founded in 1808 by John Jacob Astor, a German immigrant to the United States. During its heyday in the early 19th century, the company dominated the American fur…Source: Wikipedia (CC BY-SA)