07/25/2021
The founder of San Francisco was a wealthy Black Man.
William A. Leidesdorff Jr 1810-1848
America's First Black Millionaire - Founder of San Francisco
Born to an African Cuban mother and Danish father, William was a maritime ship captain who sailed and owned land in NY, Hawaii, Louisiana, Alaska, and California.
He left the Virgin Islands as a youth, journeying to New Orleans, to engage in maritime trade. With time, his fortunes increasing, he became a master of vessels, sailing between New Orleans and New York. However, he soon felt the lure of the West and bought the 106-ton schooner, “Julia Ann,” in which he would make the now famous trading voyage to the Pacific. After long months in passage he brought his vessel into San Francisco Bay, landing at the point known as Yerba Buena Cove.
Leidesdorff came ashore and the little town was never the same In 1841 he settled in Yerba Buena (San Francisco), CA. He built the city's first hotel at Clay and Kearny Streets, he opened the city's first shipping warehouse, was the owner of the first steamship to sail on San Francisco Bay, he opened the city's first general store, he opened the city's first lumberyard and shipyard, he was San Francisco’s first Treasurer, and donated land for its 1st public school as the 1st President of the School Board. He was also the U.S. Vice Consul to Mexican California.
Leidesdorff opened a mercantile business and developed a profitable export-import trade route between San Francisco and Honolulu and was the city's first shipbuilder and lumberyard owner.
He did all this by the age of 35. The man was a master businessman.
In 1842 he received 35,500 acres of land from Mexico and built a ranch in today's Folsom, California. His steamship, The Sitka, is on the California State Seal. The Declaration of Independence was read for the first time in California on the veranda at his home in July 1846.
After commissioning a survey of his land, he died mysteriously at age 38, just 1 day before a public announcement of gold on his property. More info in the comments….