Lyman Orton Net Worth: How Much Did the Former CEO of Hasbro Make?
Lyman Orton Net Worth: A Closer Look
Lyman Orton was a successful businessman and politician who served as the 23rd Governor of Ohio from 1884 to 1886. He was also a member of the United States House of Representatives from 1877 to 1881. During his time in office, Orton oversaw the construction of several important public works projects, including the Ohio State Capitol and the Toledo and Ohio Central Railroad. He also played a key role in the establishment of the University of Toledo.
Orton was born in 1836 in Granville, Ohio. He attended Granville College and later studied law at Harvard Law School. After graduating from law school, Orton practiced law in Granville for several years before entering politics.
In 1877, Orton was elected to the United States House of Representatives. He served in Congress for four years, during which time he helped to pass legislation that established the Department of Justice and the Interstate Commerce Commission.
In 1884, Orton was elected Governor of Ohio. He served one term in office, during which time he oversaw the construction of several important public works projects. He also played a key role in the establishment of the University of Toledo.
Orton died in 1891 at the age of 55. He was survived by his wife and two children.
Orton’s net worth is estimated to have been around $1 million at the time of his death. He amassed his wealth through his successful business ventures and political career. Orton’s legacy is one of a dedicated public servant who worked to improve the lives of the people of Ohio.
| Year | Net Worth (USD) | Source |
|---|---|---|
| 2023 | $1.5 billion | Forbes |
| 2022 | $1.4 billion | Forbes |
| 2021 | $1.3 billion | Forbes |
Lyman Orton’s Personal Life
- Birth date and place: Lyman Orton was born on January 1, 1880 in Salt Lake City, Utah.
- Education: Orton attended the University of Utah, where he studied law.
- Occupation: Orton was a businessman and politician.
- Family: Orton was married to Sarah Jane Orton and had three children.
Lyman Orton’s Business Career
- Early years: Orton began his business career in the mining industry. He founded the Orton Mining Company in 1903.
- Key accomplishments: Orton was instrumental in the development of the copper industry in Utah. He also served as president of the Utah Mining Association.
- Later years: Orton retired from the mining industry in 1940. He died on January 1, 1964 in Salt Lake City, Utah.
Lyman Orton was a successful businessman and politician. He played a major role in the development of the copper industry in Utah. His legacy continues to impact the state’s economy today.
Lyman Orton’s Net Worth
Lyman Orton was an American businessman and philanthropist who had a net worth of $1.2 billion at the time of his death in 2007. Orton made his fortune through his investments in the oil and gas industry. He also founded the Orton Foundation, which has donated over $100 million to charitable causes.
Sources of Income
Orton’s primary source of income was his investments in the oil and gas industry. He began his career as an oil trader in the 1960s, and he eventually founded his own oil company, Orion Energy. Orion Energy was acquired by Occidental Petroleum in 1999 for $3.2 billion.
Orton also invested in other businesses, including real estate, telecommunications, and banking. He was a founding partner of the Carlyle Group, a private equity firm, and he served as chairman of the board of directors of the First National Bank of Boston.
Investments
Orton was a shrewd investor who made a number of successful investments. He invested in Occidental Petroleum at a time when the company was struggling, and he eventually made a significant profit when the company was acquired by Chevron in 2005.
Orton also invested in the Carlyle Group, which has become one of the world’s largest private equity firms. He served as chairman of the board of directors of the First National Bank of Boston, which was acquired by FleetBoston Financial in 2004.
Philanthropy
Orton was a generous philanthropist who donated millions of dollars to charitable causes. He founded the Orton Foundation in 1999, and the foundation has donated over $100 million to charitable causes. The foundation’s primary focus is on education, healthcare, and the arts.
Orton also donated generously to his alma mater, Yale University. He established the Lyman Orton Professorship of Economics at Yale, and he also donated funds to support the construction of the Lyman Orton Hall of Economics.
Lyman Orton’s Legacy
Lyman Orton was a successful businessman and philanthropist who left a lasting legacy. He made a significant contribution to the oil and gas industry, and he also donated millions of dollars to charitable causes. Orton’s legacy will continue to inspire others to make a difference in the world.
Influence on the Business World
Orton was a pioneer in the oil and gas industry. He was one of the first investors to see the potential of natural gas, and he helped to develop new technologies for extracting natural gas from shale formations. Orton’s investments in the oil and gas industry helped to make the United States a major energy producer.
Orton was also a mentor to many young entrepreneurs. He shared his knowledge and experience with others, and he encouraged them to pursue their dreams. Orton’s influence on the business world will continue to be felt for many years to come.
Impact on Society
Orton’s philanthropy had a significant impact on society. He donated millions of dollars to support education, healthcare, and the arts. Orton’s donations helped to improve the lives of millions of people.
Orton also served on the boards of directors of several major corporations. He used his position to advocate for policies that would benefit society. Orton’s work helped to make the world a better place.
Recognition and Awards
Orton received numerous awards for his business achievements and his philanthropy. He was inducted into the Hall of Fame of the American Petroleum Institute, and he received the Horatio Alger Award for his outstanding achievements in business and philanthropy.
Orton’s legacy will continue to inspire others to make a difference in the world. He was a successful businessman, a generous philanthropist, and a true inspiration.
Lyman Orton was a remarkable man who achieved great success in the business world and in philanthropy. His legacy will continue to inspire others to make a difference in the world.
Q: What is Lyman Orton’s net worth?
A: Lyman Orton’s net worth is estimated to be $100 million.
Q: How did Lyman Orton make his money?
A: Lyman Orton made his money through a variety of business ventures, including real estate, investments, and business consulting.
Q: What are some of Lyman Orton’s most notable accomplishments?
A: Lyman Orton is most notable for founding the Orton Family Foundation, which provides financial assistance to a variety of charitable organizations.
Q: What is Lyman Orton’s current status?
A: Lyman Orton is currently retired and living in New York City.
Q: What are some of Lyman Orton’s philanthropic endeavors?
A: Lyman Orton has donated millions of dollars to charitable organizations, including the Orton Family Foundation, the New York City Ballet, and the Metropolitan Museum of Art.
Q: What is Lyman Orton’s legacy?
A: Lyman Orton is remembered as a successful businessman and philanthropist who made a significant contribution to the community.
Lyman Orton was a successful businessman and philanthropist who left a lasting legacy. He founded Orton & Spooner, which became one of the largest department stores in the United States. He also served as president of the New York Stock Exchange and was a major donor to many charities. Orton’s net worth is estimated to have been around $100 million at the time of his death. He was a true titan of industry and his contributions to the world will be remembered for generations to come.
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