Pierre Lorillard II
| Pierre Abraham Lorillard II | |
|---|---|
| Born |
Pierre Abraham Lorillard II September 7, 1764 Manhattan, New York City |
| Died | May 23, 1843 (aged 78) Manhattan, New York City, United States |
| Resting place | New York Marble Cemetery |
| Known for | Tobacco manufacturer |
| Spouse(s) | Maria Dorothea Schultz |
| Children | Maria Dorothea (b. 1790) Catherine (b. 1792) Pierre III (b. 1796) Dorothea Anne (b. 1798) Eleanor Eliza (b. 1801) |
| Parent(s) |
Pierre Abraham Lorillard Catherine Moor |
| Relatives | Pierre Lorillard IV, grandson |
Pierre Lorillard II (September 7, 1764 – May 23, 1843), also known as Peter Lorillard, Jr., was an American tobacco manufacturer, industrialist, banker, businessman, and real estate tycoon.
Lorillard was born on September 7, 1764 in Manhattan, New York City, the son of Pierre Abraham Lorillard (1742–1776) and Catherine Moore.
Lorillard's father, also known as 'Pierre Lorillard I', was the founder of the Lorillard Tobacco Company. Lorillard's father made the first American tobacco fortune by developing a tobacco firm that he started in 1760. Originally the business was a snuff-grinding factory located in a rented house in lower Manhattan. It was called Lorillard's Snuff and Tobacco company and sometimes the name was abbreviated as J. Lorillard. Later the firm moved to a better location on the Bronx River. Lorillard II took over and continued to manage and operate the family business after his father's death in 1776.
He married Maria Dorothea Schultz (1770–1834) in 1788 and they had five children: They lived at 521 Broadway in Manhattan.
In May 1843, at the age of 79, Lorillard died, outliving his brothers George and Jacob. A newspaper reporter writing his obituary tried to describe an extremely wealthy American and used the relatively new word, "millionaire".
While the word "millionaire" had been in use in the United Kingdom since at least 1816, apparently it was used for the first time in the United States in 1843 when it was used to describe Lorillard, although he was not the first American to own one million dollars' worth of property. While he was one of the wealthiest men in America, he was not the richest at the time, that being John Jacob Astor. Lorillard just happened to have been the first to be called a millionaire in newspapers.Cleveland Amory incorrectly reports that it was in Lorillard's 1843 obituary that the first use of the word "millionaire" appeared in print anywhere.
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