Wellington R. Burt Net Worth, spouse, young children, awards, movies

$90,000,000

Wellington R. Burt, a famous American industrial baron, had a net worth of $90 million. He was once ranked as the 8th wealthiest man in America and was known for his involvement in various industries such as iron mining, salt mines, railroads, finances, and he was best known for his lumber mills and timber holdings.

Key facts:

Wellington R. Burt was an American industrial baron, involved in various industries such as iron mining, salt mines, railroads, and finances.

He was best known for his lumber mills and timber holdings.

Burt served as the Mayor of East Saginaw from 1867 to 1868 and as a Senator from Michigan from 1893 to 1894.

He was ranked as the 8th wealthiest man in America at one point.

Burt earned the nickname 'The Lone Pine of Michigan' and lived alone in a mansion with his servants.

In his will, he included a spite clause, delaying the distribution of his fortune to any descendants until 21 years after the passing of both his children and grandchildren.

In 201, 12 of his descendants finally received the estate, which was worth around $100 million.

Burt also owned a significant portion of the Ann Arbor Railroad system and purchased railways in China.

Basic Information About Wellington R. Burt

Category	Business › Executives
Net worth	$90,000,000
Date of birth	1831-08-26
Place of birth	Pike
Date of death	1919-03-02 (aged 87)
Gender	Male
Social Media	↗︎ Wikipedia

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Wellington R. Burt's photos

References & Fact Checks ✅

1/ Filename: wellington-r-burt-profile-35ILjt7e.jpg

Checked: ✅ Yes (2023-07-02 03:47:38)
Source URL: https://en.wikipedia.org/wiki/File:Wellington_R._Burt_profile.jpg
Original Source: https://archive.org/stream/historyofsaginaw00mill#page/284/mode/2up
Author: Unknown authorUnknown author

2/ Filename: saginaw-mi-dignitaries-1908-KwLagV8A.jpg

Checked: ✅ Yes (2023-07-02 03:47:40)
Source URL: https://en.wikipedia.org/wiki/File:Saginaw_MI_dignitaries_1908.jpg
Original Source: http://www.mlive.com/news/saginaw/index.ssf/2011/05/wellingtons_millions_history_k.html
Author: Unknown authorUnknown author
Date taken: 1908