Harry Boyd Earhart

Harry Boyd Earhart
Born 1870
Died 1954
Occupation Oilman, philanthropist

Harry Boyd Earhart (1870–1954) was an American business executive and philanthropist.

Biography

Early life

Harry Boyd Earhart was born in 1870.[1]

Career

He bought the struggling Buffalo, New York-based White Star Refining Company in 1911, and moved it to Michigan, just as the car industry was beginning to develop there. White Star developed a chain of gas stations and had its own refinery, and was eventually acquired by the Vacuum Oil Company in 1930, which later became Mobil.[1][2]

Philanthropist

He founded the Earhart Foundation,[1][3] which has identified talented and influential scholars such as Friedrich A. Hayek and Milton Friedman. Nine winners of the Nobel Prize in economics were Earhart Foundation fellows earlier in their careers. Other Nobel-winning economists who benefited from Earhart funding include Gary Becker, James M. Buchanan, Ronald Coase, Robert Lucas, Daniel McFadden, Vernon L. Smith, and George Stigler.[4]

Death

He died in 1954.[1]

Legacy

After his death, Earhart's land and mansion in Ann Arbor, Michigan became part of Concordia University, Ann Arbor, Michigan in 1963.[1]

References

  1. 1 2 3 4 5 Grace Shackman (1997), The Earhart Mansion, Ann Arbor Observer, June 1997
  2. ↑ Eric V. Thompson, A Brief History Of Major Oil Companies In The Gulf Region: Mobil, Petroleum Archives Project, Arabian Peninsula & Gulf Studies Program, University of Virginia
  3. ↑ Harry Eathart, Philanthropy Hall of Fame
  4. ↑ Barbic, Kari. "Harry Earhart". www.philanthropyroundtable.org. The Philanthropy Roundtable. Retrieved 1 October 2014.
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