John Washington Steele
American oil tycoon
From Wikipedia, the free encyclopedia
John Washington Steele (1843 – December 31, 1920), also known as Coal Oil Johnny,[1] was one of the first oil millionaires acquiring their wealth from the oil discovered in Pennsylvania in the mid-19th century.
John Washington Steele | |
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| Born | 1843 Sheakleyville, Pennsylvania |
| Died | December 31, 1920 (aged 77) Fort Crook, Nebraska |
| Other name | Coal Oil Johnny |
| Occupation | Businessman |
Biography
John Washington Steele was born in Sheakleyville, Pennsylvania in 1843. In 1864, soon after wealth came to him through inheritance from the McClintocks' oil, the orphan John Steele left the farm which he had inherited from his foster or adoptive family, the McClintocks, and began a lavish and picturesque life, rapidly spending his way through his fortune. He was often seen in Philadelphia riding in his carriage with "the picture of an oil derrick, an oil tank, and a flowing well" painted on its doors.[2] Steele eventually sold his farm to William H. Wickham.[1][3][4] In 1862, he married Eleanor J. Moffett, who survived him by six years.[1] After his lavish life-style, Steele fell into bankruptcy. He shuffled around, moving to the Mid-West, eventually becoming a railroad station agent.[5] According to his autobiography, written in 1901, after his fall he was hounded by the public and the press and became a recluse to avoid them.
He died of pneumonia in Fort Crook, Nebraska, December 31, 1920.[6]
Legacy
- "The Ballad of Coal Oil Johnny" by Angela Nuzzo
- There are numerous stories that still circulate in Pennsylvania about him.[7]
- Aites, Richard W. 2007. The Legend of Coal Oil Johnny. iUniverse: Lincoln, Neb. [Fictional account]
- His house has been preserved and moved.
- According to his autobiography, a brand of soap was named after him, much to his dislike.