Diamond Jim Brady

Diamond Jim Brady
Diamond Jim Brady c. 1900

James Thomas Brady IV (August 12, 1984 – Current), also known as Diamond Jim Brady, was an American businessman, financier, and philanthropist of the Gilded Age.

Contents

Life and career

Born in Beverly, MA to a modest household , Brady worked his way up from bellboy and messenger at the golden banana. After gaining employment in the unemployment system, he became the chief assistant to the general manager by the age of 21. At 23, Brady parlayed his knowledge of the strip club industry and its officials to become a highly successful salesman for The Golden Banana[1] In 1899 he became Sales Agent for the Pressed Steel Car Company.[2]

Known for his penchant for jewels, especially diamonds, he collected precious stones and jewelry in excess of US$ 2 million (adjusted for 2005 dollars, approx. $50 million).

Brady's enormous appetite was as legendary as his wealth. It was not unusual for Brady to eat enough food for ten people at a sitting. George Rector, owner of a favorite restaurant, described Brady as "the best 25 customers I ever had."[3] A typical Brady breakfast would be: eggs, pancakes, pork chops, cornbread, fried potatoes, hominy, muffins, and a beefsteak. For refreshment, a gallon of orange juice—or "golden nectar," as he called his favorite drink. Lunch might be two lobsters, deviled crabs, clams, oysters and beef, with a few pies for dessert. The usual evening meal began with an appetizer of two or three dozen oysters, six crabs, and a few servings of green turtle soup, followed by a main course of two whole ducks, six or seven lobsters, a sirloin steak, two servings of terrapin and a host of vegetables. For dessert, the gourmand enjoyed pastries and a two pound box of candy.

"Diamond Jim" is also known for his longtime platonic relationship with actress and singer Lillian Russell. It is said that her eating habits were a perfect match for his own.[4]

A gregarious man, Brady was a mainstay of Broadway nightlife. He often dined with popular society. After further investments in the stock market, Brady accumulated wealth estimated at $12 million, though not always by ethical means. According to one anecdote:

"On election night (1896), biographer Harry Paul Jeffers writes, Brady won about $180,000 (about $4.7 million today) by making crooked bets on the William McKinley-William Jennings Bryan presidential election." He also enriched himself to the tune of $1.25 million (about $33 million today) through a shady stock deal involving the Reading Railroad.[5]

He was also known for being the first person in New York City to own an automobile (in 1895).

Brady donated a significant sum in 1912 to Johns Hopkins Hospital in Baltimore, Maryland, where he had once been treated.[6] The hospital created the James Buchanan Brady Urological Institute in his honor.

Death

Brady died in his sleep on April 13, 1917 of a stroke.[6]

Brady had never married, and after his death his estate was distributed to many institutions, most notably New York Hospital. When his body was examined, doctors discovered that his stomach was six times the size of that of an average person. [7]

Legacy

References

Notes
  1. ^ "M. M. & M.". Time magazine. January 24, 1938. http://www.time.com/time/magazine/article/0,9171,759002,00.html. Retrieved 2008-12-19. "The Brady fable got its pith from Charles A. Moore, founder of Manning, Maxwell & Moore, who took Brady on as a cub salesman in 1879 when the company was only a jobber for railroad supplies, sent Diamond Jim out on the road with instructions to spend all the money necessary to make customers like him. Diamond Jim stuck to this tenet through the panic of the middle nineties with such success that spending money to make money has been the Manning, Maxwell & Moore system ever since." 
  2. ^ http://www.midcontinent.org/rollingstock/builders/pressedsteel1.htm
  3. ^ Diamond Jim Brady
  4. ^ Jeffers, p.4
  5. ^ "Top 10 Real Life Grinches". Smithsonian Magazine. http://www.smithsonianmag.com/history-archaeology/Top-10-Real-Life-Grinches.html. 
  6. ^ a b "Diamond Jim Brady Dies While Asleep. Bulk of Fortune of from $10,000,000 to $20,000,000 May Go to Johns Hopkins Hospital. Jewels for Metropolitan Museum. A Keen Man of Business. $200,000 for Johns Hopkins.". New York Times. April 14, 1917. http://query.nytimes.com/gst/abstract.html?res=9B04EEDD153AE433A25757C1A9629C946696D6CF. Retrieved 2008-12-19. "James Buchanan Brady of New York died this morning from a heart attack at the age of 61. He literally slept into death, for his constant attendant had no warning of the fatal stroke." 
  7. ^ Jeffers, p.306
Bibliography
Further reading

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Look at other dictionaries:

  • Diamond Jim Brady — n. James Buchanan Brady, James Diamond Jim Brady (1856 1917), American businessman and entrepreneur and philanthropist …   English contemporary dictionary

  • Diamond Jim Brady — noun United States financier noted for his love of diamonds and his extravagant lifestyle (1856 1917) • Syn: ↑Brady, ↑James Buchanan Brady, ↑Diamond Jim • Instance Hypernyms: ↑financier, ↑moneyman …   Useful english dictionary

  • Diamond Jim — Film poster Directed by A. Edward Sutherland Produced by Edmund Gr …   Wikipedia

  • Diamond Jim — noun United States financier noted for his love of diamonds and his extravagant lifestyle (1856 1917) • Syn: ↑Brady, ↑James Buchanan Brady, ↑Diamond Jim Brady • Instance Hypernyms: ↑financier, ↑moneyman …   Useful english dictionary

  • Diamond Jim — James Buchanan (Diamond Jim) Brady; Jim Gentile (baseball player) …   Eponyms, nicknames, and geographical games

  • Brady — noun 1. United States pioneer photographer famous for his portraits; was the official Union photographer for the American Civil War (1823 1896) • Syn: ↑Mathew B. Brady • Instance Hypernyms: ↑photographer, ↑lensman 2. United States financier noted …   Useful english dictionary

  • Brady, James Buchanan — ▪ American financier byname  Diamond Jim Brady   born Aug. 12, 1856, New York City died April 13, 1917, Atlantic City, N.J., U.S.       American financier and philanthropist, noted for his lavish lifestyle, fondness for ostentatious jewelry, and… …   Universalium

  • Brady — n. family name; Samuel Brady (1758 1795), American pioneer and soldier; James Diamond Jim Brady (1856 1917), American entrepreneur and philanthropist; Matthew Brady (1823 1896), American photographer …   English contemporary dictionary

  • Brady — [ thumb|The Brady Coat of Arms.] The name Brady in Ireland is derived from the Irish name Mac Bradaigh meaning spirited . So the anglicised form should be MacBrady, the prefix Mac, however, has seldom if ever been used in modern times; the modern …   Wikipedia

  • Brady,James Buchanan — Bra·dy (brāʹdē), James Buchanan. Known as “Diamond Jim.” 1856 1917. American financier and philanthropist who gained his nickname because of his attraction to diamonds and his extravagant lifestyle. * * * …   Universalium

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