Frederick augustus heinze biography of michael

American mining magnate (–)

Frederick "Fritz" Augustus Heinze (German pronunciation:[ˈhaɪntsə]) (December 5, &#; November 4, ) was an American businessman, known as one of the three Copper Kings of Butte, Montana, along with William Andrews Clark and Marcus Daly.

Contemporary assessments variously described him as an intelligent, charismatic but also devious character.

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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 , 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 , aged

Early life

Fritz Augustus Heinze was born in Brooklyn, New York, to wealthy immigrant parents, Otto Hein