Johns Hopkins was an American entrepreneur and investor who left large endowments in his will to found Johns Hopkins University
@Philanthropists, Career and Family
Johns Hopkins was an American entrepreneur and investor who left large endowments in his will to found Johns Hopkins University
Johns Hopkins born at
As a young man he fell deeply in love with his cousin Elizabeth and wanted to marry her. However, marriage between cousins was considered a taboo in the Quaker society and the couple was not allowed to marry. Both Johns and Elizabeth never married anyone else and remained lifelong friends.
Johns Hopkins lived to be 78 and died on December 24, 1873, in Baltimore, Maryland, United States.
Johns Hopkins was born on May 19, 1795, to Samuel Hopkins and Hannah Janney in Anne Arundel County, Maryland, United States. He was named after his grandfather Johns Hopkins. His family belonged to the Society of Friends (Quakers). His father was a tobacco farmer and his family owned a sprawling plantation and had numerous slaves.
In 1807, the abolitionist movement was gaining momentum in the United States and Quakers especially were active in the movement. In accordance with their Quaker principles, the Hopkins family freed their able-bodied slaves and cared for the other slaves who were unhealthy or weak.
The emancipation of slaves meant that now there were very few people left to work on the farms and thus Johns had to interrupt his education for a while to work on the farm.
It is likely that he attended The Free School of Anne Arundel County, which was located in today's Davidsonville, Maryland, for a few years.
When he was 17, he left the plantation to work in his uncle Gerard Hopkins' Baltimore wholesale grocery business. He proved himself to be a quick learner and was naturally skilled at conducting business.
During his stay at his uncle’s house he happened to fall in love with his teenage cousin and proposed marriage to her. A romantic relationship or marriage between first cousins was a taboo in the Quaker society and his uncle refused to marry his daughter to Johns.
In the late 1810s, money was tight and some customers of the grocery business offered to pay for goods with liquor rather than currency. Johns supported this idea while his uncle was against it. This resulted in a bitter disagreement between the two and Johns left his uncle’s business.
After leaving his uncle’s business he teamed up with a fellow Quaker, Benjamin Moore and set up a business with him. The business, though initially successful, came to an end after the two young men had an argument regarding capital accumulation.
Blessed with an astute business sense, Johns Hopkins did not take long to establish Hopkins & Brothers Wholesalers with three of his brothers in 1819. The business flourished under his able management and soon the brothers were selling various wares in the Shenandoah Valley from Conestoga wagons.
Johns Hopkins was a businessman, railroad man, banker, investor, and philanthropist best remembered for bequeathing vast amounts of his wealth to found two institutions that would bear his name: "Johns Hopkins University" and "The Johns Hopkins Hospital." At the time that it was made, his donation of $7 million was the largest philanthropic bequest in the history of the United States.