Otto Young, Date of Birth, Place of Birth, Date of Death

Otto Young

German American merchant

Date of Birth: 20-Dec-1844

Place of Birth: Elberfeld, North Rhine-Westphalia, Germany

Date of Death: 30-Nov-1906

Profession: businessperson

Zodiac Sign: Sagittarius

Otto Young (December 20, 1844 – November 30, 1906) was a German American merchant and real estate mogul from Elberfeld, Prussia.
After his father died in his youth, Young struggled to earn enough money to follow his mother to the United States.
After he did, he sold toys on the streets of New York City before attending some school.
He then worked as a clerk in a cigar store, eventually amassing enough money to open a jewelry store.
The store was very successful and Young moved west to establish a new store in Chicago, Illinois. With the earnings from his Chicago store, Young purchased a half interest in The Fair Store.
The value of the store skyrocketed afterward and Young became wealthy.
He maintained several interests in real estate, including the Heyworth Building, and served on the board of trustees of the First National Bank of Chicago.
Young was also a philanthropist, and often donated to the Chicago Home for Incurables in memory of his son.
Young's estate in Lake Geneva, Wisconsin is today recognized on the National Register of Historic Places.