By John Grimaldi And David Bruce Smith

loans to help fuel California’s growing economy,” according to History.com.

Since then, it has morphed into a worldwide financial titan.

For more information, The Grateful American Book Prize recommends Ralph Moody’s Wells Fargo.

Business was so profitable that on March 18, 1852, they--and a coterie of investors--convened in New York City to inaugurate Wells, Fargo & Company.

The organization “also served as a bank—buying gold dust, selling paper bank drafts and providing