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Pratt, Charles

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Pratt, Charles (1830–1891)

US oil merchant and philanthropist. He specialized in paints and oils (1854–67) before he formed Charles Pratt & Company to refine crude oil at Greenpoint, New York The resultant product was marketed worldwide as an illuminant. He sold his firm to John D Rockefeller (1874) and then became immensely wealthy while working for Rockefeller's Standard Oil Company.

Pratt was born in Watertown, Massachusetts. One of 11 children, he grew up in adverse circumstances, going out to work at age 10. He moved to New York, New York, in 1851. He founded Pratt Institute in Brooklyn (1887) and the Pratt Institute Free Library and gave generously to various educational institutions.



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