James Hazen Hyde

James Hazen Hyde (* 1876 in New York City, † 1959 ) was an American - million heritage and was a member of the high society of New York society.

Life

James Hazen Hyde was the son of the millionaire Henry Baldwin Hyde (1834-1899), founder of The Life Insurance Equitable Life. After the death of his father, the 23 -year-old Hyde inherited the majority shares of the insurance in the estimated value of nearly 8 billion dollars. The attractive Dandy was invited were known for its elegant and expensive banquets, garden parties, dinners and masquerade parties to which only hand-picked guests from the richest and noblest families of New York society and filled the society columns of the newspapers.

In 1905, Hyde was a smear campaign orchestrated by the board members EH Harriman, Henry Clay Frick, and JP Morgan and the Board President James Waddell Alexander, falsely accused his shares worth U.S. $ 200,000 to have liquidated. Hyde soon found himself in a swirl of accusations unlawful offense (corporate malfeasance ) again. The shocking revelations caused near panic on Wall Street, and later led to an examination of the entire insurance industry by the state of New York. At the end of Hyde had to sell his company shares and emigrated to France.

In 1940, Hyde returned after 35 years of exile back to New York, the reason was the German occupation of France. Here he spent his life in prosperity in a luxurious villa in Manhattan. James Hazen Hyde, who was married three times, was buried in the cemetery Calverton National Cemetery on Long Iceland.