Richard Baker (merchant)
From Wikipedia, the free encyclopedia
Richard Baker Jr. | |
|---|---|
| Born | January 22, 1819 |
| Died | January 1, 1875 (aged 55) |
| Occupation | Merchant |
| Spouse |
Ellen Whittemore
(m. 1847) |
| Children | 4 |
Richard Baker Jr. (January 22, 1819 – January 1, 1875) was an American businessman who was called the "King of Merchants".[1] He is best known today for building Westcliff, a large cottage in Newport, Rhode Island, designed by Richard Morris Hunt.
Baker was born on January 22, 1819, in Wellfleet, Massachusetts on Cape Cod and was brought up in Charlestown, the oldest neighborhood in Boston.[2] He was a son of Capt. Richard Baker (1794–1876) and Jerusha (née Rich) Baker (1798–1882). Among his siblings were Susan Baker (wife of Massachusetts Representative Samuel Atherton) and fellow merchant, Frederick Baker.[3][4]
His paternal grandparents were Richard Baker and Huldah (née Rich) Baker.[5] His maternal grandparents were Mary and Uriah Rich.[6]
Career
In 1834, Baker became clerk to William Fletcher Weld, eventually becoming partner in the well-known shipping and commercial house of William F. Weld & Co. in 1842, which "was among the largest ship-owners in the world."[3] Upon the 1866 retirement of William F. Weld and William G. Weld, Baker formed a new firm, of which he was managing partner, "under the style of William F. Weld & Co., consisting of Richard Baker, Jr. and George W. Weld, of Boston, and Frederick Baker, of New York."[7] Between 1869 and 1870, the firm "owned about thirty-five barks, ships, and steamers."[1]
Baker was called the "King of Merchants" and was said "that he could transact more business in a few hours than any one else in a whole day."[1] He was reported to be a millionaire.[8]

