First Generation

Pabst, Frederick

In 1844, Phillip Best, together with his father and three brothers, opened the Jacob Best & Sons Brewery in Milwaukee, Wisconsin. Twenty years later, Phillip’s son-in-law Frederick Pabst joined the company and helped to transform it into the nation’s leading beer producer – first in 1874 and then again in 1879, a position that was maintained until the turn of the twentieth century. As the company’s president, he led the firm through a remarkable period of growth and the Pabst Brewing Company became the epitome of a successful national shipping brewery.

Pfizer, Charles

Together with his cousin Charles Erhart, Charles Pfizer founded Charles Pfizer & Company, initially compounding a pharmaceutical product sold to retailers. The company soon shifted to the production of specialty fine chemicals, which were produced in relatively small quantities and sold for relatively high prices. Pfizer & Company expanded steadily to become one of the largest specialty chemical manufacturers in the United States by the beginning of the twentieth century, and Charles Pfizer retired a wealthy and successful entrepreneur.

Rapp, Johann Georg

In 1803, George Rapp left his native Württemberg for the United States of America in search of the Promised Land. Between 1804 and 1825, Rapp and his sectarians established three utopian communities in the United States, each housing as many as eight hundred people. In order to realize his goal of a perfect society, Rapp established an organizational model that clearly defined interactions between his society and the outside world and religious observances. His so-called Divine Economy enabled him to negotiate between the community’s practice of an inner-communal socialism, external capitalist entrepreneurship, and spiritual millennial beliefs. Moreover, by adhering to this model, Rapp and his followers transitioned successfully from self-sustaining agricultural work to frontier marketing, manufacturing, and global business activities.

Salomon, Haym

Haym Salomon, best known for his role in helping to finance the American Revolution, served as the broker to Superintendent of Finance Robert Morris from 1781 to 1784. He immigrated to colonial New York in the mid-1770s. His working knowledge of many European languages enabled him to broker bills of exchange from several countries, including France and Spain. The descendants of Haym Salomon, along with members of the American Jewish community, have used his legacy as “the financier of the American Revolution” to construct an American Jewish heritage with roots in the nation’s very beginning.

Scheffer, Albert

The life and career of Albert Scheffer, a St. Paul, Minnesota, businessman, is entwined with the financial development of the Upper American Midwest in the latter nineteenth century. He founded numerous banks and companies with great hope but eventually closed them with much sorrow. However, Scheffer was more than just a businessman. During his long career, he also became deeply involved in civic affairs in St. Paul, in local and state politics, in the fraternal affairs of Civil War veterans, and in caring for his extended family.