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California’s First Millionaire

From the end of an article about MasterClass

Lately, I’ve been thinking about how prospectors in the California Gold Rush rarely struck it rich. In 1849, the ones who did well were those who supplied prospectors with shovels, tents, and jeans—they kept the dream alive. Samuel Brannan, who sold shovels and other goods, was considered California’s first millionaire. Levi Strauss, who co-invented blue jeans, died with a fortune of $6 million, worth $175 million today.

Updated: September 4, 2023

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