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Roger Babson
American entrepreneur and business theorist / From Wikipedia, the free encyclopedia
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Roger Ward Babson (July 6, 1875 – March 5, 1967) was an American entrepreneur, economist, and business theorist in the first half of the 20th century. He is best remembered for founding Babson College. He also founded Webber College, now Webber International University, in Babson Park, Florida, and the defunct Utopia College, in Eureka, Kansas.
Roger W. Babson | |
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![]() Babson in 1918 | |
Born | (1875-07-06)July 6, 1875 |
Died | March 5, 1967(1967-03-05) (aged 91) Lake Wales, Florida, U.S. |
Education | Massachusetts Institute of Technology (SB) (1898) |
Occupation(s) | Entrepreneur, businessman, economist, writer, philanthropist |
Known for | Business forecasting, founding of universities, predicting Wall Street Crash of 1929 |
Political party | Prohibition Party |
Spouse(s) | Grace Margaret Knight (m. 1900 – d. 1956) Nona M. Dougherty (m. 1957 – d. 1963) |
Children | 1 |
Babson was born to Nathaniel Babson and his wife Ellen Stearns as part of the 10th generation of Babsons to live in Gloucester, Massachusetts. Roger attended Massachusetts Institute of Technology and worked for investment firms before founding Babson's Statistical Organization (1904), which analyzed stocks and business reports; it continues today as Babson-United, Inc.[1]
On March 29, 1900, Babson married his first wife, Grace Margaret Knight, who died in 1956. In 1957, he married Nona M. Dougherty, who died in 1963. Babson died in 1967.