Henry Hillman
| Henry Hillman | |
|---|---|
|
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| Born |
Henry Lea Hillman December 25, 1918 Pittsburgh, Pennsylvania, U.S. |
| Died | April 14, 2017 (aged 98) Pittsburgh, Pennsylvania, U.S. |
| Education |
Shady Side Academy Taft School |
| Alma mater | Princeton University |
| Occupation | Investor |
| Net worth | $2.6 billion (April 2017) |
| Spouse(s) | Elsie Hilliard Hillman (m. 1945; her death 2015) |
| Children | 4 |
| Parent(s) | J. Hartwell Hillman, Jr. |
Henry Lea Hillman (December 25, 1918 – April 14, 2017) was an American billionaire businessman, investor, civic leader, and philanthropist. He was chairman of The Hillman Company, a family office and investment company headquartered in Pittsburgh, Pennsylvania, and owned by the Hillman family. He chaired the board of trustees of Hillman Family Foundations. which manages 18 named foundations.
Henry Lea Hillman was born and raised in Pittsburgh, Pennsylvania. He was the fifth child and second son of John Hartwell Hillman, Jr. (1880–1959) and Juliet Cummins Hillman (née Lea; 1885–1940). His father built upon his own father’s small iron brokerage firm to create a diversified industrial operation with holdings in coal and coke, steel and utilities, energy, transportation, real estate, and banking.
Hillman attended Shady Side Academy in Pittsburgh, the Taft School in Watertown, Connecticut, and Princeton University, where he earned an A.B. degree in geology in 1941. He enlisted in the Navy before the United States entered World War II in December 1941 and served first as an aide to Rear Admiral Randall Jacobs, chief of the Bureau of Naval Personnel. He became a Naval aviator in 1942, holding the rank of lieutenant and serving until after the war’s end in 1945.
In January 1946, Hillman joined Pittsburgh Coke & Chemical, which produced and sold coke, merchant pig iron, and such coal-derived byproducts as activated carbon. J. H. Hillman & Sons (later renamed The Hillman Company) was the majority shareholder of this publicly traded firm. As vice president and a director, Henry expanded the company’s manufacture and sale of finished chemicals and plasticizers. He became president of Pittsburgh Coke in 1955.
As a director of Pittsburgh’s Colonial Trust Company, he worked with his father in 1959 to negotiate the consolidation of smaller banks and trust companies into Pittsburgh National Bank, ancestor of PNC Financial Services, today one of the largest financial institutions in the United States. Hillman served as a director of Pittsburgh National Bank from its founding until 1988.
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