R.J. Reynolds

R. J. Reynolds
R.J. Reynolds, head of Reynolds Tobacco Company
Born	Richard Joshua Reynolds (1850-07-20)July 20, 1850 Patrick County, Virginia
Died	July 29, 1918(1918-07-29) (aged 68)
Residence	Winston-Salem, North Carolina
Alma mater	Emory & Henry College Bryant & Stratton College
Occupation	Owner of R.J. Reynolds Tobacco Company
Spouse(s)	Katharine Smith (m. 1905–18)
Children	Dick (1906-1964) Mary (1908-1953) Nancy (1910-1985) Zachary (1911-1932)

Richard Joshua "R. J." Reynolds (July 20, 1850 – July 29, 1918) was an American businessman and founder of the R. J. Reynolds Tobacco Company.

The son of a tobacco farmer, he worked for his father and attended Emory & Henry College from 1868 to 1870, eventually graduating from Bryant & Stratton Business College in Baltimore. He sold his share of the family business in 1874 and moved south to Winston, (now Winston-Salem, North Carolina) to start his own tobacco company. Reynolds was a savvy businessman and a hard worker, and he quickly became one of the wealthiest citizens of Winston-Salem; eventually, he was the wealthiest person in the state of North Carolina. He died in 1918 of pancreatic cancer.

Reynolds was born on July 20, 1850, at Rock Spring Plantation near Critz, Patrick County, Virginia. He was the son of Nancy Jane Cox Reynolds and Hardin Reynolds, a tobacco farmer and slaveowner.

In 1874, Reynolds sold his interest in the family tobacco business to his father and left Patrick County to start his own tobacco company. He needed a railroad hub for his business, and since there wasn't one in Patrick County, he went to the nearest one, Winston, NC. Winston and Salem were separate towns at that time. The story goes that he came riding into town on a horse, reading The New York Times, and dreaming of building a golf course somewhere in the rural part of the town. By 1875, Reynolds had established his tobacco manufacturing operation, and in the first year, it produced 150,000 pounds of tobacco. Although Winston-Salem alone had 15 other tobacco companies, Reynolds was able to distinguish himself through his business acumen and innovative techniques, including adding saccharin to chewing tobacco. By the 1890s, production had increased to millions of pounds annually.

Reynolds' younger brother, William Neal, was attending Trinity College (now Duke University) and worked part-time for him. Mr. Will, as he was known, began as a leaf-hanger and quickly mastered all facets of the operation. After leaving Trinity College, he managed tobacco purchasing. In 1888, Reynolds formed a formal partnership with Mr. Will and the company bookkeeper, Henry Roan. Reynolds served as President with 75% ownership, and Mr. Will and Henry Roan divided the remainder. The R. J. Reynolds Tobacco Company was chartered as a corporation by the state of North Carolina on February 11, 1890. In 1892, Reynolds' net worth had grown to $200,000.