Hetty Green - Birth and Early Years

Birth and Early Years

She was born Henrietta Howland Robinson in New Bedford, Massachusetts, the daughter of Edward Mott Robinson and Abby Howland. Her family were Quakers who owned a large whaling fleet and also profited from the China trade. At the age of two, she was living with her grandfather, Gideon Howland. Because of his influence and that of her father, and possibly because her mother was constantly ill, she took to her father's side and was reading financial papers to him by the age of six. When she was 13, Hetty became the family bookkeeper. At the age of 15, she went to a school in Boston.

When her father died in 1864, she inherited $7.5 million ($107 million in 2010 adjusted for inflation) in liquid assets, against the objections of most of her family, and invested in Civil War war bonds.

When she heard that her aunt Sylvia had willed most of her $2 million to charity, she challenged the will's validity in court by producing an earlier will which allegedly left the entire estate to Hetty, and included a clause invalidating any subsequent wills. The case, Robinson v. Mandell, which is notable as an early example of the forensic use of mathematics, was ultimately decided against Hetty after the court ruled that the clause invalidating future wills, and Sylvia's signature to it, were forgeries.

Read more about this topic:  Hetty Green

Famous quotes containing the words birth and, birth, early and/or years:

    Not yet the thirtieth year, the thirtieth
    Station where time reverses his light heels
    To run both ways, and makes of forward back;
    Whose long co-ordinates are birth and death....
    Allen Tate (1899–1979)

    O take fast hold; let that light be thy guide
    In this small course which birth draws out to death,
    Sir Philip Sidney (1554–1586)

    O troubled forms, O early love unfortunate and hard,
    Time has estranged you into a jewel cold and pure;
    Edna St. Vincent Millay (1892–1950)

    Neither years nor books have yet availed to extirpate a prejudice then rooted in me, that a scholar is the favorite of Heaven and earth, the excellency of his country, the happiest of men. His duties lead him directly into the holy ground where other men’s aspirations only point. His successes are occasions of the purest joy to all men. Eyes is he to the blind; feet is he to the lame. His failures, if he is worthy, are inlets to higher advantages.
    Ralph Waldo Emerson (1803–1882)