F. Augustus Heinze
American mining magnate (1869-1914) · United States · On the map · Founders · Died at 44
Frederick "Fritz" Augustus Heinze was an American businessman, known as one of the four Copper Kings of Butte, Montana, along with William Andrews Clark, Andrew Murray and Marcus Daly. Contemporary assessments variously described him as an intelligent, charismatic but also devious character.
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About this person
To some people in Montana, he was seen as a hero for standing up to the Amalgamated Copper Company, but he also eventually sold his Butte interests to Amalgamated for a reported $12 million. Thereafter, he played a significant role in the Panic of 1907, for which he was indicted but eventually exonerated. Ultimately, Heinze's flamboyant, hard-drinking lifestyle resulted in a hemorrhage of the stomach thought to be caused by cirrhosis of the liver, and he died in November 1914, aged 44.
