Charles Pratt

Charles Pratt (2 October, 1830 - 4 May, 1891) was a United States capitalist, businessman and philanthropist.

Related Topics:
2 October - 1830 - 4 May - 1891 - United States - Capitalist - Businessman - Philanthropist

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Pratt was a pioneer of the U.S. petroleum industry, and established his kerosene refinery Astral Oil Works in Brooklyn, New York. Pratt's product later gave rise to the slogan, "The holy lamps of Tibet are primed with Astral Oil." He recruited Henry H. Rogers into his business, forming Charles Pratt and Company in 1867, which became part of John D. Rockefeller's Standard Oil in 1874.

Related Topics:
Petroleum industry - Kerosene - Astral Oil Works - Brooklyn, New York - Henry H. Rogers - Charles Pratt and Company - 1867 - John D. Rockefeller - Standard Oil - 1874

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Pratt became an advocate of education, and founded and endowed the Pratt Institute which bears his name. He and his children built mansions on what became known as the Gold Coast of Long Island, New York. In 1916, Standard Oil had a steamship tanker, S.S. Charles Pratt, first of its class, built at Newport News, Virginia.

Related Topics:
Pratt Institute - Long Island, New York - Newport News, Virginia

~ ~ ~ ~ ~ ~ ~ ~ ~ ~