Henry Baldwin Hyde
Born , Feb. 15, 1834, Catskill, N.Y.,
U.S.
Died, May 2, 1899, New York City
American capitalist who was the founder of
the Equitable Life Assurance Society.
In 1852 Hyde became a clerk at the Mutual
Life Insurance Co. and, in the next seven years, learned the
business, advancing to the post of cashier. In 1859 Hyde left
Mutual Life, announcing his intention to start his own insurance
company. In that year, he raised $100,000 as starting The
Equitable Life Insurance Society of the United States.
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