Simeon Brooks Chapin (May 31, 1865 – Jan. 6, 1945) was a financier, philanthropist, and one of the early developers of

Myrtle Beach, South Carolina Myrtle Beach is a resort city on the East Coast of the United States in Horry County, South Carolina. It is located in the center of a long and continuous stretch of beach known as the "Grand Strand” in the northeastern part of the state. Its ...

Biography

Chapin was born in

Milwaukee, Wisconsin Milwaukee is the List of cities in Wisconsin, most populous city in the U.S. state of Wisconsin. Located on the western shore of Lake Michigan, it is the List of United States cities by population, 31st-most populous city in the United States ...

, the son of Emory David and Marietta Armour Chapin. In 1878, he attended Harvard School for Boys in Chicago. In 1883, he began work at

Armour and Company Armour & Company was an American company and was one of the five leading firms in the meat packing industry. It was founded in Chicago, in 1863, by the Armour brothers led by Philip Danforth Armour. By 1880, the company had become Chicago's mos ...

in Chicago. In 1892, he began his own business as a banker and broker in Chicago and in the same year married Elizabeth Mattocks. In 1901, he formed S. B. Chapin Company with offices in both Chicago and

Wall Street Wall Street is a street in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway (Manhattan), Broadway in the west and South Street (Manhattan), South Str ...

. In 1906, he and his family moved to Manhattan, where they took up permanent residence on 5th Ave., in one of three private residences where 930 Fifth Avenue is located today. In 1912, he joined Burroughs and Collins Company to form Burroughs & Chapin, which developed much of

. Chapin retired in 1941, after which he formed several philanthropic foundations, including Chapin Foundation of Myrtle Beach, which by 2005 had contributed $15 million to churches, institutions, and hospitals in the city. He also founded the Chapin-May Foundation in Chicago, Chapin Foundation in

Lake Geneva, Wisconsin Lake Geneva is a city in the U.S. state of Wisconsin. Located in Walworth County and situated on Geneva Lake, it was home to 8,277 people as of the 2020 census, up from 7,651 at the 2010 census. It is located southwest of Milwaukee and no ...

, and Chapin Foundation of North Carolina in Pinehurst and Sanford. He died in Pinehurst in 1945.Stokes, Barbara F.,
Myrtle Beach: a history, 1900–1980
'

Private life

The Chapins had four children, Marietta, Elizabeth, Simeon Jr., and Virginia.

References

External links

* {{DEFAULTSORT:Chapin, Simeon B. 1865 births 1945 deaths Businesspeople from Milwaukee American investment bankers American philanthropists Myrtle Beach, South Carolina