Julius Rosenwald
Entrepreneur

Julius Rosenwald Net Worth

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Julius Rosenwald was born on August 12, 1862 in Springfield, IL. He was part owner of Sears, Roebuck and Company and became a noted philanthropist with his own philosophy of giving. He used his wealth to fund educational and health initiatives for African Americans in the South, as well as to support Jewish causes. He was a major contributor to the NAACP and the Tuskegee Institute, and his philanthropic efforts helped to improve the lives of millions of people.
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Age, Biography and Wiki

Birth Day August 12, 1862
Birth Place Springfield, IL
Age 157 YEARS OLD
Died On Jan 6, 1932 (age 69)
Birth Sign Leo

💰 Net worth: $80 million (2024)

Julius Rosenwald, an esteemed entrepreneur based in Illinois, is projected to have an impressive net worth of $80 million by the year 2024. Throughout his career, Rosenwald has established himself as a shrewd and innovative businessman, known for his exceptional financial acumen. As a co-owner of the renowned Sears, Roebuck and Company, Rosenwald played a pivotal role in its growth and success. Additionally, he is recognized for his remarkable philanthropy, particularly in the field of education, where he has generously contributed to the establishment of numerous schools for African American children in the early 20th century. With his entrepreneurial prowess and dedication to improving society, Julius Rosenwald stands as an inspirational figure in both the business world and the realm of philanthropy.

About

Part owner of Sears, Roebuck and Company who became a noted philanthropist with his own philosophy of giving.

Before Fame

He made a fortune selling clothes to Sears and pledged a substantial part of his personal wealth to helping the company survive hard economic times.

Trivia

He disliked perpetual foundations, and he gave out his wealth in lump sums often on the condition that they be matched by others.

Family Life

He was born in Springfield, Illinois. His parents were Samuel Rosenwald and Augusta Hammerslough Rosenwald, immigrants from Germany.

Associated With

He was inspired by Booker T. Washington to help advance African-American education in the U.S.

Some Julius Rosenwald images

Tags 1862 births IL Entrepreneur IL net worth Entrepreneur net worth richest money

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About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.