Raskob, John Jakob
(1879-1950)
   Born in Lockport, New York, after leaving college John Raskob became a business secretary. He held a number of different posts in business before he became bookkeeper and then personal secretary to Pierre S. du Pont in 1900. While with du Pont, Raskob was involved in the absorption of General Motors. He became finance director and then vice president of General Motors from 1918 to 1928 but continued to work for du Pont until 1946. A multimillionaire, Raskob wrote an article in the Ladies Home Journal in 1929 entitled “Everybody Ought to Be Rich” that seemed to sum-up the 1920s. However, Raskob was a friend and supporter of Alfred E. Smith, and he became chair of the Democratic National Committee in 1928 and supported Smith’s unsuccessful presidential campaign. Raskob resigned his position and returned to General Motors in 1932, when Franklin D. Roosevelt won the nomination. He subsequently was active in the anti-New Deal American Liberty League, and after he retired in 1946 he was involved in a number of charitable organizations and the Catholic Church. The Empire State Building, which he financed in competition with the Chrysler Building (completed in October 1928 at 1,045 feet tall), is a lasting memorial to him. The Empire State Building was completed in 1931 and stood 1,453 feet tall.

Historical Dictionary of the Roosevelt–Truman Era . . 2015.

Look at other dictionaries:

  • Raskob, John Jakob — born March 19, 1879, Lockport, N.Y., U.S. died Oct. 15, 1950, Centreville, Md. U.S. financier. He went to work for E.I. du Pont de Nemours & Co. in 1902 and played a major role in Du Pont s expansion in the early 20th century. He joined the board …   Universalium

  • Raskob, John Jakob — (19 mar. 1879, Lockport, N.Y., EE.UU.–15 oct. 1950, Centreville, Md.). Financista estadounidense. En 1902 empezó a trabajar en E.I. du Pont de Nemours & Co. y desempeñó un importante papel en la expansión de DuPont Co. a principios del s. XX. En… …   Enciclopedia Universal

  • John Jakob Raskob — Nacimiento …   Wikipedia Español

  • John Jakob Raskob — (Lockport, New York, 19 mars 1879 Centreville, Maryland, 15 octobre 1950) était un homme d affaires américain. Il est considéré comme un des fondateurs de l Empire State Building à New York. Dans les années 1930, il fut favorable à la candidature …   Wikipédia en Français

  • John J. Raskob — John Jakob Raskob John Jakob Raskob (19 mars 1879 15 octobre 1950) était un homme d affaires américain. Il est considéré comme le fondateur de l Empire State Building à New York. Dans les années 1930, il fut favorable à la candidature démocrate d …   Wikipédia en Français

  • John Raskob — John Jakob Raskob John Jakob Raskob (19 mars 1879 15 octobre 1950) était un homme d affaires américain. Il est considéré comme le fondateur de l Empire State Building à New York. Dans les années 1930, il fut favorable à la candidature démocrate d …   Wikipédia en Français

  • Jakob — (as used in expressions) Johann Jakob Astor Böhme Jakob Creutzfeldt Jakob disease Mendelssohn Bartholdy Jakob Ludwig Felix Jakob Liebmann Meyer Beer Obrecht Jakob Raskob John Jakob Wassermann Jakob Wolf Hugo Filipp Jakob * * * …   Universalium

  • Jakob — (as used in expressions) Johann Jakob Astor Böhme, Jakob Creutzfeldt Jakob, enfermedad de Mendelssohn (Bartholdy), (Jakob Ludwig) Felix Jakob Liebmann Meyer Beer Raskob, John Jakob Wassermann, Jakob Wolf, Hugo (Filipp Jakob) …   Enciclopedia Universal

  • john — /jon/, n. Slang. 1. a toilet or bathroom. 2. (sometimes cap.) a fellow; guy. 3. (sometimes cap.) a prostitute s customer. [generic use of the proper name] * * * I known as John Lackland born Dec. 24, 1167, Oxford, Eng. died Oct. 18/19, 1216,… …   Universalium

  • John — /jon/, n. 1. the apostle John, believed to be the author of the fourth Gospel, three Epistles, and the book of Revelation. 2. See John the Baptist. 3. (John Lackland) 1167? 1216, king of England 1199 1216; signer of the Magna Carta 1215 (son of… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”