Madam C. J. Walker

popular name: David Sarnoff

date_of_death: December 12, 1971

age: 80

cause_of_death: Mastoid infection

claim_to_fame: Business and Finance

best_know_for: David Sarnoff was an American businessman and pioneer of American radio and television. Throughout most of his career he led the Radio Corporation of America in various capacities from shortly after its founding in 1919 until his retirement in 1970. It all began in 1920 when Sarnoff reiterated his “radio music box” memo and was given a small amount of money to develop a radio prototype. As RCA’s new general manager, he demonstrated radio’s market potential by broadcasting the boxing match between Jack Dempsey and Georges Carpentier (July 2, 1921); the broadcast created a sensation. Within three years RCA sold more than $80 million worth of receiving sets. In 1926 RCA formed the National Broadcasting Company (NBC). As early as 1923, Sarnoff had perceived the potential of television, which the contributions of several inventors were making technically feasible. His meeting in 1929 with Westinghouse engineer Vladimir Zworykin convinced him that home television was possible, and Sarnoff persuaded Westinghouse to back Zworykin’s work. In 1930 Westinghouse’s television research and Zworykin were transferred to RCA. By 1939 Sarnoff was able to give a successful demonstration of the new medium at the New York World’s Fair. And as they say ... the rest is history. Upon his death, he was laid to rest at Kensico Cemetery in Valhalla, New York.

popular name: Seymour H. Knox I

date_of_death: May 17, 1915

age: 54

cause_of_death: Uremic coma

claim_to_fame: Business and Finance

best_know_for: Seymour Knox was a Buffalo, New York businessman who made his fortune in five-and-dime stores. He merged his more than 100 stores with those of his first cousins, Frank Winfield Woolworth and Charles Woolworth, to form the F. W. Woolworth Company. In fact, by the time of the 1911 incorporation of F. W. Woolworth Company, Knox was the second largest of six store operators with 98 U.S. and 13 Canadian locations. In 1912, he received $12 million of the $65 million merger proceeds and was appointed Director and Senior Vice-Principal of the Corporation. Knox is remembered as the pioneering city center store operator. His Detroit, Michigan store was the first outside of the agricultural and small-market towns. Many of the Woolworth friendly rivals emulated his plan. Upon his death, he was laid to rest at Forest Lawn Cemetery in Buffalo, NY.

popular name: George Peabody

date_of_death: November 4, 1869

age: 74

cause_of_death: Pneumonia

claim_to_fame: Business and Finance

best_know_for: George Peabody was an American financier and philanthropist and is widely regarded as the father of modern philanthropy. Born into a poor family in Massachusetts, Peabody went into business in dry goods and later into banking. In 1837 he moved to London (which was then the capital of world finance) where he became the most noted American banker and helped to establish the young country's international credit. Having no son of his own to whom he could pass on his business, Peabody took on Junius Spencer Morgan as a partner in 1854 and their joint business would go on to become J.P. Morgan & Co. after Peabody's 1864 retirement. In his old age, Peabody won worldwide acclaim for his philanthropy. He founded the Peabody Trust in Britain and the Peabody Institute and George Peabody Library in Baltimore, and was responsible for many other charitable initiatives. Peabody would have been the first American buried in Westminster Abbey in London had his will not stipulated that his final resting place would be near his boyhood home.