Ron Chernow
Ron Chernow was born in 1949 in Brooklyn, New York. After graduating with honors from Yale College and Cambridge University with degrees in English Literature, he began a prolific career as a freelance journalist. Between 1973 and 1982, Chernow published over sixty articles in national publications, including numerous cover stories. In the mid-80s Chernow went to work at the Twentieth Century Fund, a prestigious New York think tank, where he served as director of financial policy studies and received what he described as “a crash course in economics and financial history.”
Chernow’s journalistic talents combined with his experience studying financial policy culminated in the writing of his extraordinary first book,
The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance
(1990). Winner of the 1990 National Book Award for Nonfiction, The House of Morgan traces the amazing history of four generations of the J.P. Morgan empire. The New York Times Book Review wrote, “As a portrait of finance, politics and the world of avarice and ambition on Wall Street, the book has the movement and tension of an epic novel. It is, quite simply, a tour de force.” Chernow continued his exploration of famous financial dynasties with his second book,
The Warburgs
(1994), the story of a remarkable Jewish family. The book traces Hamburg’s most influential banking family of the 18th century from their successful beginnings to when Hitler’s Third Reich forced them to give up their business, and ultimately to their regained prosperity in America on Wall Street.
Described by Time as “one of the great American biographies,” Chernow’s
Titan: The Life of John D. Rockefeller, Sr.
(1998) brilliantly reveals the complexities of America’s first billionaire. Rockefeller was known as a Robber Baron, whose Standard Oil Company monopolized an entire industry before it was broken up by the famous Supreme Court anti-trust decision in 1911. At the same time, Rockefeller was one of the century’s greatest philanthropists donating enormous sums to universities and medical institutions. Chernow is the Secretary of PEN American Center, the country’s most prominent writers’ organization, and is currently at work on a biography of Alexander Hamilton. He lives in Brooklyn Heights, New York.
In addition to writing biographies, Chernow is a book reviewer, essayist, and radio commentator. His book reviews and op-ed articles appear frequently in The New York Times and The Wall Street Journal. He comments regularly on business and finance for National Public Radio and for many shows on CNBC, CNN, and the Fox News Channel. In addition, he served as the principal expert on the A&E biography of J.P. Morgan and will be featured as the key Rockefeller expert on an upcoming CNBC documentary.
“A romantic striving for an impossible ideal.”
“The suspect nature of these stories can be seen in the anecdote Jefferson told of Hamilton visiting his lodging in 1792 and inquiring about three portraits on the wall. “They are my trinity of the three greatest men the world has ever produced,” Jefferson replied: “Sir Francis Bacon, Sir Isaac Newton, and John Locke.” Hamilton supposedly replied, “The greatest man that ever lived was Julius Casar.”
“Washington once advised his adopted grandson that where there is no occasion for expressing an opinion, it is best to be silent. For there is nothing more certain than that it is at all times more easy to make enemies than friends.”
“And shall we at last become the victims of our own abominable lust of gain? Forbid it, Heaven." Washington himself could be a hard driving businessman, yet he found the rapacity of many vendors unconscionable. As he told George Mason, he thought it the intent of the speculators, various tribes of money makers and stock jobbers of all denominations, to continue the war for their own private emolument, without considering that their avarice and thirst for gain must plunge everything in one common ruin.”
“(regarding Charles Lee) This eccentric and notably slovenly man was always trailed by his beloved dogs. "When I can be convinced that men are as worthy objects as dogs", he once explained, "I shall transfer my benevolence to them.”
“Many mickles make a muckle.”
“In waiting for the glorious moment of that first book contract, writers must have giant reservoirs of patience. Yet they must persevere because they don't know the destiny that is being worked out for them. They creep humbly along the ground, without the spacious aerial vision of their lives that would show them the destiny in store for them.”
“A prudent silence will frequently be taken for wisdom and a sentence or two cautiously thrown in will sometimes gain the palm of knowledge, while a man well informed but indiscreet and unreserved will not uncommonly talk himself out of all consideration and weight. (Alexander Hamilton's 'thesis on discretion' written to his son James shortly before his fatal duel with Burr.)”
“[Philip's death was] beyond comparison the most afflicting of my life.... He was truly a fine youth. But why should I repine? It was the will of heaven and he is now out of the reach of the seductions and calamities of a world full of folly, full of vice, full of danger, of least value in proportion as it is best known. I firmly trust also that he has safely reached the haven of eternal repose and felicity. (Alexander Hamilton letter to Benjamin Rush about the death of his 19-year old son from mortal wounds inflicted from a duel.)”
“Perseverance in almost any plan is better than fickleness and fluctuation. (Alexander Hamilton, July 1792)”