Wells Fargo Research Paper

Decent Essays
Wells Fargo
When speaking of Wells Fargo, there was not just one man who made it, but multiple businessmen in New York. It then made its way in to the west becoming a leading freight and bank company in the West. Wells Fargo was founded by several investors Henry Wells and Williams Fargo, hence the two last names combined, Wells Fargo. They both sought to profit off the huge demand of gold in 1849, so then the company in 1852 starting transporting their first loads of freight between mining companies and the East Coast. Wells Fargo made profits by both working as a bank, and also being freight. They gave out loans as a bank, and also worked on the traffic of gold, which lead to the substantial growth of the economy. The transport of the actual

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