Early Life and Background
It is believed that John Millard Pratt was born between 1870 and 1930. He came from a renowned oil family with ties to Standard Oil. This important upbringing affected his future.
| Aspect | Details |
|---|---|
| Birth Date | Estimated between 1870 and 1930 |
| Family Lineage | Descendant of Charles Pratt, oil industrialist |
| Industry | Oil and petroleum |
Family Connection to Charles Pratt
John Millard Pratt was connected to Charles Pratt, a prominent American petroleum executive and philanthropist. Charles Pratt built the Pratt Institute to teach technical trades, affecting the community.
| Aspect | Details |
|---|---|
| Relationship | Grandson of Charles Pratt |
| Charles Pratt’s Role | Founder of Pratt Institute |
| Legacy | Impact on local education and industry |
The Pratt Family Tree
Some Pratt family members were prominent businesspeople and philanthropists. John’s parents, Edward Millard Pratt and Gertrude Alina Law, were businesspeople and socially conscious.
| Family Member | Birth Year | Relationship |
|---|---|---|
| Charles Pratt | 1830 | Grandfather |
| Edward Millard Pratt | 1865 | Father |
| Gertrude Alina Law | – | Mother |
| John Teele Pratt | 1873 | Uncle |
| Frederic B. Pratt | – | Uncle |
| George Dupont Pratt | – | Uncle |
Industrial and Philanthropic Contributions
His family’s legacy impacted John Millard Pratt’s philanthropy and oil sector accomplishments. This family invested their fortune in education and community development to benefit society.
| Aspect | Details |
|---|---|
| Industry Contribution | Oil and investment management |
| Philanthropic Efforts | Donations to educational institutions |
| Community Impact | Support for local initiatives |
John Millard Pratt’s Net Worth
Reports estimate John Millard Pratt’s fortune was worth $20 million. This fortune came from his family’s oil and strategic interests.
| Aspect | Details |
|---|---|
| Estimated Net Worth | $20,004,812 |
| Gross Estate Value | $22,181,006 |
| Source of Wealth | Oil industry and investments |
Legacy and Influence
John Millard Pratt’s family has had a lasting impact on business and local communities. Charles Pratt’s education and community service values endure.
| Aspect | Details |
|---|---|
| Influence on Education | Founding Pratt Institute |
| Community Involvement | Ongoing philanthropic contributions |
| Business Leadership | Contributions to Standard Oil and related sectors |
FAQ
Who was John Millard Pratt?
Born from a wealthy corporate and philanthropic family, John Millard Pratt was an oil industry legend.
The relevance of Charles Pratt in his life?
John’s grandpa, Charles Pratt, founded the Pratt Institute and was a petroleum industry pioneer.
How wealthy was John Millard Pratt?
With a $20 million estate, John Millard Pratt was wealthy.
What did the Pratts give society?
The Pratt family invested heavily in education and local philanthropy, including the Pratt Institute and ongoing humanitarian work.
