Henry Wells (1805-1878)
In the early 1840s, Henry Wells began a career in secure transportation. He spent the next ten years developing his business ideas and establishing a network with other industry pioneers. One of them was William G. Fargo.
In 1850, Henry Wells, William G. Fargo and others founded the American Express Company in New York. Only two years later, after a dispute with the board, Henry Wells and William Fargo founded a new company, Wells Fargo. It offered secure transportation and banking services. The duo set out to offer their services in California and elsewhere on the West Coast during the hectic gold rush. In 1860, the company took over operation of the western half of the Pony Express as part of taking over the Butterfield Overland Mail Company.
In addition to a successful carrier in secure transportation and banking, Wells built a women’s school in Aurora New York in 1865. The school opened its doors in 1868 and still operates today. Henry Wells died in 1878.