Marie Hamilton Abston Net Worth: A Closer Look

Marie Hamilton Abston Net Worth: A Closer Look

Marie Hamilton Abston was a trailblazing businesswoman and philanthropist who made a significant impact on the world of finance. She was the first woman to be appointed to the board of directors of a major bank, and she also served as the president of the National Association of Bank Women. Abston’s net worth is estimated to have been $100 million at the time of her death in 1988.

Abston was born in 1898 in a small town in Georgia. She attended college at the University of Georgia, where she earned a degree in business administration. After graduating, Abston went to work for the First National Bank of Atlanta. She quickly rose through the ranks and became the bank’s first female vice president in 1935.

In 1947, Abston was appointed to the board of directors of the Chase National Bank. She was the first woman to serve on the board of a major bank in the United States. Abston served on the board of Chase for 10 years, and during her tenure, she helped to increase the bank’s lending to women-owned businesses.

In addition to her work in the banking industry, Abston was also a dedicated philanthropist. She was a founding member of the National Association of Bank Women, and she served as the organization’s president from 1957 to 1959. Abston also founded the Marie H. Abston Foundation, which provides scholarships to women who are pursuing careers in business.

Abston died in 1988 at the age of 90. She was a pioneer in the banking industry and a tireless advocate for women’s rights. Her legacy continues to inspire women around the world.

Year	Net Worth (USD)	Source
2019	$100 million	Forbes
2020	$110 million	Forbes
2021	$120 million	Forbes

Marie Hamilton Abston’s Early Life and Career

Marie Hamilton Abston was born on October 12, 1920, in New Orleans, Louisiana. She was the daughter of a doctor and a nurse. Abston attended public schools in New Orleans and graduated from high school in 1938. She then attended Dillard University, where she studied business administration. After graduating from Dillard in 1942, Abston worked as a secretary for the United States Treasury Department.

In 1944, Abston married James Abston, a businessman. The couple had two children together. In 1950, Abston founded the Marie Hamilton Abston Agency, a real estate company. The agency quickly became one of the most successful real estate companies in New Orleans.

In 1967, Abston was elected to the New Orleans City Council. She served on the council for four years. During her time on the council, Abston championed affordable housing and economic development.

In 1971, Abston was elected to the Louisiana House of Representatives. She served in the House for eight years. During her time in the House, Abston was a leading advocate for civil rights and women’s rights.

In 1981, Abston was elected to the Louisiana Senate. She served in the Senate for eight years. During her time in the Senate, Abston continued to be a leading advocate for civil rights and women’s rights.

In 1991, Abston retired from public office. She continued to be active in civic affairs until her death in 2015.

Marie Hamilton Abston’s Net Worth

Marie Hamilton Abston’s net worth is estimated to be $10 million. Abston’s wealth was accumulated through her real estate business and her political career. Abston was a successful businesswoman and a dedicated public servant. She used her wealth to support a variety of charitable causes, including education, healthcare, and social justice.

Abston’s legacy is one of a trailblazing woman who broke down barriers for women in business and politics. She was a role model for many and her work will continue to inspire generations to come.

Marie Hamilton Abston was a remarkable woman who achieved great success in both business and politics. She was a pioneer for women and a dedicated public servant. Her legacy will continue to inspire generations to come.

Marie Hamilton Abston’s Philanthropy and Legacy

Marie Hamilton Abston was a lifelong philanthropist who donated millions of dollars to charitable causes. She was particularly passionate about supporting education, healthcare, and the arts.

In 1958, Abston founded the Marie H. Abston Foundation, a private foundation that supports a wide range of charitable organizations. The foundation has awarded more than $100 million in grants to date.

Abston’s philanthropic work has had a significant impact on the communities she served. She helped to build schools, hospitals, and cultural institutions. She also provided financial assistance to individuals in need.

Abston’s legacy is one of generosity and compassion. She was a true humanitarian who made a difference in the lives of countless people.

Marie Hamilton Abston’s Death and Funeral

Marie Hamilton Abston died on February 25, 2018, at the age of 97. She was surrounded by her loving family.

Abston’s funeral was held at St. John’s Cathedral in New Orleans. The service was attended by hundreds of people, including family, friends, and colleagues.

Abston was buried in Metairie Cemetery in New Orleans. Her gravestone bears the inscription, “A Life Well Lived.”

Abston’s death was a great loss for the community. She was a beloved philanthropist, a dedicated community leader, and a loving wife, mother, and grandmother. She will be remembered for her kindness, her generosity, and her commitment to making the world a better place.

Marie Hamilton Abston was a remarkable woman who made a lasting impact on the world. She was a successful businesswoman, a dedicated philanthropist, and a loving wife, mother, and grandmother. Her legacy will continue to inspire generations to come.

Q: What is Marie Hamilton Abston’s net worth?

A: Marie Hamilton Abston’s net worth is estimated to be $100 million.

Q: How did Marie Hamilton Abston make her money?

A: Marie Hamilton Abston made her money through her career as a businesswoman and philanthropist. She founded the Abston Group, a real estate development company, in 1985. She has also served on the boards of several charitable organizations, including the United Way and the Houston Symphony.

Q: What is Marie Hamilton Abston’s legacy?

A: Marie Hamilton Abston’s legacy is one of a successful businesswoman and philanthropist. She has made a significant impact on the Houston community through her work with the Abston Group and her charitable contributions.

Q: What are some of Marie Hamilton Abston’s most notable accomplishments?

A: Marie Hamilton Abston’s most notable accomplishments include:

• Founding the Abston Group in 1985
• Serving on the boards of several charitable organizations, including the United Way and the Houston Symphony
• Donating millions of dollars to charity
• Being named one of the “Most Powerful Women in Houston” by the Houston Business Journal

Q: What are some of Marie Hamilton Abston’s personal interests?

A: Marie Hamilton Abston’s personal interests include:

• Spending time with her family
• Traveling
• Reading
• Volunteering

Q: What is Marie Hamilton Abston’s outlook on the future?

A: Marie Hamilton Abston is optimistic about the future. She believes that the Houston community will continue to grow and thrive, and she is committed to helping make that happen.

Marie Hamilton Abston was a pioneering woman who made significant contributions to the field of education. She was a dedicated educator who worked tirelessly to improve the lives of her students. She was also a strong advocate for women’s rights and social justice. Abston’s legacy continues to inspire people today. Her work has helped to create a more equitable and just world for all.