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Sam Zemurray


Samuel Zemurray (nicknamed "Sam the Banana Man"; born Schmuel Zmurri on January 18, 1877 in Kishinev, Bessarabia, Russian Empire, present-day Chişinău, Moldova; died November 30, 1961 in New Orleans, Louisiana) was an American businessman who made his fortune in the banana trade. He founded the Cuyamel Fruit Company, and later became head of the United Fruit Company, the world's most influential fruit company at the time. Both companies played highly controversial roles in the history of several Latin American countries and had a significant influence on their economic and political development.

Zemurray's birth name was Schmuel Zmurri. He was born in Kishinev, Bessarabia, Russian Empire (present-day Chişinău, Moldova,) to a poor Jewish family that emigrated to America when he was 14. Zemurray had no formal education. He settled in Selma, Alabama, where his uncle owned a store, and where he encountered bananas for the first time. He entered the banana trade in Mobile, Alabama in 1895, at the age 18. His early wealth was largely due to a very successful venture in New Orleans, Louisiana. Before Zemurray, the bananas that ripened in the transport ships were discarded upon arrival at the port, because they could not be delivered to market quickly enough to avoid spoilage. Zemurray bought the ripe bananas very cheaply and sold them locally and along the rail lines to grocers. His success earned him the nickname "Sam the Banana Man." By age 21, he had banked $100,000. He later bought a steamship and went to Honduras. In 1910, he bought 5,000 acres (20 km²) of land along the Cuyamel River. He later added more land and found himself heavily in debt.


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