Edward Francis Hutton
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Edward Francis Hutton (September 7, 1875, New York City - July 11, 1962, Westbury, Long Island, New York) was an American financier and co-founder of E. F. Hutton & Co..
Edward Hutton was born to James Laws Hutton, who left an Ohio farm to work in New York City. At the age of 37 Hutton's father died, leaving ten-year-old Edward to be raised by his mother. As a schoolboy, Hutton attended New York Latin School before transferring to Public School 69. During his adolescence, he worked in a gear factory at age fifteen and then two years later in the mailroom of a securities firm. He completed his studies by taking classes at Trinity Chapel High School and Packer's Business College.
His second wife was General Foods heiress Marjorie Merriweather Post, whom he married in 1920. During their marriage (which ended in divorce in 1935) they built several famous houses including Mar-A-Lago (now owned by Donald Trump and operated as the Mar-a-Lago Club) in Palm Beach, Florida, and the largest privately owned sea-going yacht of the era, the "Hussar V", which is best known as the Sea Cloud. Their only child, actress Dina Merrill, (born Nedenia Marjorie Hutton) for years served as the only female director on the board of the company her father founded in 1914. The Huttons divorced after evidence of Hutton's affairs with other women became public.
Hutton's younger brother, Franklyn Laws Hutton (1877-1940), married Edna Woolworth, the dime store heiress and was the father of Barbara Hutton.
References
- "Edward F. Hutton, Financier, 86, Dies" (July 12, 1962). New York Times, p. 29.
Personalities of Wall Street
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