Great to Gone
By Jonathan Clements
ON THIS DAY in 1888, George Cope died at age 65. Two days later, he was buried in Anfield Cemetery in Liverpool, England, where his younger brother Thomas had been laid to rest 40 months earlier.
Together, in 1848, the two brothers had launched a successful tobacco company, which would be acquired more than a century later by Gallaher Group, then a major U.K. multinational tobacco producer. Gallaher itself would subsequently be bought by Japan Tobacco.
At the time of his death, newspapers described George Cope as one of Britain’s richest men. His estate was valued at £274,923—equal to some $47 million, based on today’s exchange rate and U.K. inflation over the intervening 132 years.
Why my interest in Cope? He was my great-great-grandfather.
Continue reading on HumbleDollar.com
|