James Buchanan Duke
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James Buchanan Duke

Businessman
Male
Born Dec 23, 1856
Hometown Durham, North Car...
Died Oct 10, 1925
Death Place New York City, Ne...

James Buchanan Duke was a U.S. tobacco and electric power industrialist best known for the introduction of modern cigarette manufacture and marketing, and his involvement with Duke University.

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CHILDHOOD

1856 Birth James Buchanan Duke, known by the nickname "Buck", was born near Durham, North Carolina, on December 23, 1856 to Washington Duke and his second wife, Artelia Roney Duke. … Read More

TWENTIES

1885 29 Years Old In 1885, James Buchanan Duke acquired a license to use the first automated cigarette making machine (invented by James Albert Bonsack), and by 1890, Duke supplied 40% of the American cigarette market (then known as pre-rolled tobacco). … Read More

THIRTIES

1892 36 Years Old In 1892, the Dukes opened their first textile firm in Durham, North Carolina, that was run by Benjamin Duke. … Read More

FORTIES

1904 48 Years Old 1 More Event
In 1904, he established the Catawba Power Company and the following year he and his brother founded the Southern Power Company, which became known as Duke Power, the precursor to the Duke Energy conglomerate. … Read More

FIFTIES

1906 50 Years Old In 1906, the American Tobacco Company was found guilty of antitrust violations, and was ordered to be split into four separate companies: American Tobacco Company, Liggett and Myers, R.J. Reynolds, and the P. … Read More
1907 51 Years Old In 1907 he married the widow Nanaline Holt Inman, with whom he had his only child, a daughter, Doris, born November 22, 1912. … Read More

LATE ADULTHOOD

1924 68 Years Old In December 1924, Duke established The Duke Endowment, a $40 million trust fund (about $430 million in 2005 dollars), some of which was to go to Trinity College. … Read More
1925 69 Years Old 1 More Event
After his death in 1925, there was a great deal of controversy, and some historians suspect that some resentful Imperial Tobacco executives were feeling some anger at Duke for having lost the Tobacco War between Duke's company and Imperial Tobacco.
Original Authors of this text are noted on http://en.wikipedia.org/wiki/James_Buchanan_Duke.
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