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FoundersJanuary 6, 2025

#375 The Single Biggest Individual Financier In The World. The Richest Woman In America: Hetty Green

About This Episode
Hetty Green bailed out New York City. Her decisions on what interest rates to charge moved markets and were reported in major newspapers. She was a one woman bank and the single biggest individual financier in the world. She took no partners and ran her own money. She built a financial empire of stocks, bonds, railroads, and real estate. She battled the great men of her day and kept a gun on her desk. She did all of this alone. Defiantly independent and ferociously intelligent she built a vast, liquid fortune at a time when women couldn't even vote. She used her intelligence to increase her wealth, her independence to live as she wished, and her strength to battle anyone who stood in her way. This episode is what I learned from reading Hetty: The Genius and Madness of America’s First Female Tycoon by Charles Slack and The Richest Woman in America: Hetty Green in the Gilded Age by Janet Wallach. ---- Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ---- Vesto: All of your company's financial accounts in one view. Connect and control all of your business bank accounts from one dashboard. Go to Vesto and schedule a demo with the founder Ben. Tell him David sent you. Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- Join my free email newsletter to get my top 10 highlights from every book ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast
Book Mentions
5 book mentions in this episode.
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Tip: Click “Mentioned at …” to copy a timestamp.
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Books Mentioned

Hedy, the Genius and Madness of America's First Female Tycoon cover

The first is Hedy, the Genius and Madness of America's First Female Tycoon is written by Charles Slack.

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The Richest Woman Interested in America, Hedy Green in the Gilded Age cover

The second is The Richest Woman Interested in America, Hedy Green in the Gilded Age by Janet Wallace.

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Moby Dick cover

Hedy's father compared his pursuit of fortune to Captain Ahab's pursuit of Moby Dick.

ASIN: B0FJ6DBKBL
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The Men of Wealth cover

Hedy saw an excellent chance to pick up government securities at half their value, as described in The Men of Wealth.

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Hedy Green cover

The excerpt mentions a book on Hedy Green, discussing her financial strategies and her impact on the railroad industry.

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