Co-founder of the brokerage firm Merrill Lynch & Company and philanthropist. In 1915, Merrill and his business partner and friend, Edmund C. Lynch, founded Merrill Lynch & Company. Merrill also was responsible for the merger that created the Safeway Food chain in 1926 and was a major investor in the J.J. Kresge Corporation, which later became KMart. He was the father of the Pulitzer Prize winning poet, James Merrill and philanthropist Charles Merrill Jr. His grandson, Peter Macgowen, was the President and CEO of Safeway Inc.
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The Merrill in Merrill Lynch was well-known philanderer. The son of a backwoods country doctor from Green Cove Springs, Charles Edward Merrill was a Florida boy who ascended to the heights of the New York financial world as co-founder of Merrill Lynch & Co. in 1915 while earning the nickname "Good Time Charlie."Charles Edward MerrillUnable to afford tuition, he dropped out of Amherst, tried law school and for a time, became a reporter for the Tropical Sun in West Palm Beach. Later in life, he said the newspaper business gave him "the best training I ever had... . (I) learned human nature."After creating his investment firm, Merrill engineered a merger that created the Safeway grocery chain. Anticipating the 1929 stock market crash, he failed to persuade President Coolidge to discourage stock speculation, but divested his own stock before the the crash.A well-known philanderer who regularly appeared in gossip columns, Merrill married three times and had numerous affairs, an activity he called "recharging my batteries." In Palm Beach, he owned a house on N. Lake Trail designed by Howard Major. His youngest son, the late poet James Merrill, won a 1977 Pulitzer Prize.
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The Merrill in Merrill Lynch was well-known philanderer. The son of a backwoods country doctor from Green Cove Springs, Charles Edward Merrill was a Florida boy who ascended to the heights of the New York financial world as co-founder of Merrill Lynch & Co. in 1915 while earning the nickname "Good Time Charlie."Charles Edward MerrillUnable to afford tuition, he dropped out of Amherst, tried law school and for a time, became a reporter for the Tropical Sun in West Palm Beach. Later in life, he said the newspaper business gave him "the best training I ever had... . (I) learned human nature."After creating his investment firm, Merrill engineered a merger that created the Safeway grocery chain. Anticipating the 1929 stock market crash, he failed to persuade President Coolidge to discourage stock speculation, but divested his own stock before the the crash.A well-known philanderer who regularly appeared in gossip columns, Merrill married three times and had numerous affairs, an activity he called "recharging my batteries." In Palm Beach, he owned a house on N. Lake Trail designed by Howard Major. His youngest son, the late poet James Merrill, won a 1977 Pulitzer Prize.
Co-founder of the brokerage firm Merrill Lynch & Company and philanthropist. In 1915, Merrill and his business partner and friend, Edmund C. Lynch, founded Merrill Lynch & Company. Merrill also was responsible for the merger that created the Safeway Food chain in 1926 and was a major investor in the J.J. Kresge Corporation, which later became KMart. He was the father of the Pulitzer Prize winning poet, James Merrill and philanthropist Charles Merrill Jr. His grandson, Peter Macgowen, was the President and CEO of Safeway Inc.
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The Merrill in Merrill Lynch was well-known philanderer. The son of a backwoods country doctor from Green Cove Springs, Charles Edward Merrill was a Florida boy who ascended to the heights of the New York financial world as co-founder of Merrill Lynch & Co. in 1915 while earning the nickname "Good Time Charlie."Charles Edward MerrillUnable to afford tuition, he dropped out of Amherst, tried law school and for a time, became a reporter for the Tropical Sun in West Palm Beach. Later in life, he said the newspaper business gave him "the best training I ever had... . (I) learned human nature."After creating his investment firm, Merrill engineered a merger that created the Safeway grocery chain. Anticipating the 1929 stock market crash, he failed to persuade President Coolidge to discourage stock speculation, but divested his own stock before the the crash.A well-known philanderer who regularly appeared in gossip columns, Merrill married three times and had numerous affairs, an activity he called "recharging my batteries." In Palm Beach, he owned a house on N. Lake Trail designed by Howard Major. His youngest son, the late poet James Merrill, won a 1977 Pulitzer Prize.
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The Merrill in Merrill Lynch was well-known philanderer. The son of a backwoods country doctor from Green Cove Springs, Charles Edward Merrill was a Florida boy who ascended to the heights of the New York financial world as co-founder of Merrill Lynch & Co. in 1915 while earning the nickname "Good Time Charlie."Charles Edward MerrillUnable to afford tuition, he dropped out of Amherst, tried law school and for a time, became a reporter for the Tropical Sun in West Palm Beach. Later in life, he said the newspaper business gave him "the best training I ever had... . (I) learned human nature."After creating his investment firm, Merrill engineered a merger that created the Safeway grocery chain. Anticipating the 1929 stock market crash, he failed to persuade President Coolidge to discourage stock speculation, but divested his own stock before the the crash.A well-known philanderer who regularly appeared in gossip columns, Merrill married three times and had numerous affairs, an activity he called "recharging my batteries." In Palm Beach, he owned a house on N. Lake Trail designed by Howard Major. His youngest son, the late poet James Merrill, won a 1977 Pulitzer Prize.
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