Friedrich Weyerhauser Net Worth is$80 Billion
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Profession: Businessperson
Nationality: United States of America
Date of Birth: 1834-11-21
Place of Birth: Saulheim
Date of Death: 1914-04-04
Place of Death: Pasadena
Friedrich Weyerhaeuser Net Worth: Friedrich Weyerhaeuser was an American with net worth $80 billion. Friedrich Weyerhaeuser was a timber mogul who lived from the year 1834 to 1914. He was also the founder of Weyerhaeuser Company. The company owns mills, paper factories and large areas of forested land, along with other business ventures. He stands to be the 8th richest American in the history of America, with a net worth of $72 billion. He was born into a family of 11 children, with father Johann Weyerhaeuser and his wife. The family earned their keep by working on their vineyard. At the age of 12, Friedrich gave up schooling so that he could take over the family farm, after the death of his father. At the age of 18, he and a part of his family moved to Germany in 1852. From the sale of their farm, Friedrich was given a small portion of the funds. He then went ahead to work at a brewery, a farm, and finally sawmill where he rose the ranks from night fireman to a manager of the company's branch in Coal Valley. The company eventually experienced financial difficulties, and Friedrich bought it, through his own savings. He then began business using his own name. He also acquired major assets of other timber companies and soon formed a large syndicate with him at its center. Friedrich was married to Sarah Elizabeth Bloedel, with whom he had seven children with. After he death, he was buried in a mausoleum in Illinois and decades later, was added to the Business Hall of Fame in 1978.
Friedrich (Frederick) Weyerh??user (November 21, 1834 in Nieder-Saulheim, Rheinhessen ??? April 4, 1914 in Pasadena, California) was a German???American timber mogul and founder of the Weyerhaeuser Company, which owns saw mills, paper factories, and other business enterprises, and large areas of forested land. He is the eighth richest American of all time, with a net worth of $72.2 billion in 2006 dollars.

Friedrich was one of 11 children of Johann Weyerh??user and his wife. The family supported itself by working a 15-acre (6.1 ha) farm and a 3-acre (1.2 ha) vineyard. Friedrich started attending the Protestant school of Nieder-Saulheim when he was 6, and at 8 began helping on the farm. When he was 12, his father died, and Friedrich had to give up most of his studies to help out on the farm. The Revolutions of 1848 in Germany prompted several members of his family emigrate to western Pennsylvania in the United States. They sent back glowing letters describing the conditions they found.
In 1852, at the age of 18, Weyerh??user emigrated with a group of his family from Germany to the United States. They landed in New York City in July and proceeded to Pennsylvania, settling at North East. Frederick went to work for an earlier immigrant in a brewery. After two years, he abandoned the brewing business, because, as he expressed it, he felt that a brewer ???often becomes his own best customer.??? He then worked on a farm for a year.
His share of the funds from the sale of the family farm in Germany enabled him to move on further west in search of opportunity, and 1856 found him in Rock Island, Illinois, working on the construction of the Rock Island and Peoria Railroad. After a short time, he entered the sawmill of Mead, Smith and Marsh as a night fireman, quickly moving up to tallyman and then yard manager and salesman. When the company opened a new yard in Coal Valley, he was sent to manage it. Though his yard prospered, the firm got into financial diffic

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Friedrich Weyerhauser Latest News

How Wall Street is destroying the timber way of life

Some 114 facilities, including paper mills, carton plants, and recycling centers, were sold for $6 billion. . . .What's left of the company represents more of what old Friedrich Weyerhaeuser founded over a century ago: land and trees. Wall Street ...
Posted: December 10, 2008, 4:00 pm

Huckleberries: A centennial bash is in the works for Coeur d’Alene’s historic Jewett House

But back in the day, it was home to the Jewetts and their children, Margaret and Fritz. George Jewett, grandson of Weyerhaeuser Company founder Friedrich Weyerhaeuser, managed the old Rutledge Timber Company mill (current site of the Coeur d’Alene Resort ...
Posted: April 27, 2017, 5:00 am

Death by a thousand cuts

Founded in 1900 by German immigrant Friedrich Weyerhaeuser, the company grew from holdings of nearly a million acres of Washington Douglas fir timberlands to become an international player in solid wood production, the pulp and paper industry, real estate ...
Posted: August 6, 2008, 5:00 pm
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