February 5, 2012 9:46 PM Subscribe
posted by Trurl (18 comments total)
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Best known for the (exaggerated) tales of her miserliness, Hetty Green
was arguably the greatest female investor
in history. During the 1907 Bankers' Panic
, her loan of $1.1 million helped keep New York City solvent. Her estate - greater than that of J.P. Morgan's - was valued at more than $2 billion in today's money.
A sympathetic biography is Charles Slack's Hetty: The Genius and Madness of America's First Female Tycoon
In the end, her principal crime seems to have been that the rules she chose to live by were her own rather than society's.