[WORLDKINGS] Top 100 founders of the companies over 100-years and still in business – P92 - John Fairfield Dryden (United States): The man behind the 145-year history of development of Prudential Financial, Inc., the largest insurance company in the United States (1875)

15-12-2020

(WorldKings.org) John Fairfield Dryden (August 7, 1839 – November 24, 1911) was the founder of the Prudential Insurance Company and a United States Senator from New Jersey. He was known as the "father of industrial insurance".

Dryden was born in Temple, Maine on August 7, 1839. He moved in 1846 with his parents to Worcester, Massachusetts. He graduated from Worcester Academy and later attended Yale College.

 

 

 

In 1875, he founded the Widows and Orphans Friendly Society (now Prudential Financial) in Newark, New Jersey, becoming its first secretary and in 1881 its president, serving in the latter position until his death in 1911. His son Forrest succeeded him as president, serving until 1922.

 

 

Dryden was also one of the founders of the Fidelity Trust Company and was involved in the establishment and management of various street railways, banks, and other financial enterprises in New Jersey, New York, and Pennsylvania.

 

 

Dryden died in Newark, New Jersey on November 24, 1911, from pneumonia, following removal of gall stones two weeks earlier. After a funeral at the Third Presbyterian Church in Newark, he was buried at Mount Pleasant Cemetery there.

According to en.wikipedia


Bee (Collect) - WORLDKINGS (Source of photos: Internet)

 

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