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Joseph Kennedy Short Bio
Joseph Patrick “Joe” Kennedy (Boston, September 6, 1888 – Hyannis Port, November 18, 1969) was an investor, businessman, diplomat and political figure of the United States.
He was also the father of President John F. Kennedy and Senators Robert and Ted Kennedy. As one of the leaders of the Democratic Party, especially within the Irish Catholic community, and with business and economic interests throughout the nation, he created the political and economic fortunes of the Kennedy Family.
Having studied at the Harvard Law School, Kennedy took his first steps towards the construction of his fortune, with multiple investments, in the New York Stock Exchange, real estate, construction and thanks to investments in various industries. With the repeal of the Prohibition Law and with the support of the son of President Franklin Delano Roosevelt, James Roosevelt, he traveled to Ireland to acquire the rights to import Scotch whiskey for the United States, multiplying his millionaire fortune and converting it in a vast multimillion-dollar investment network, later reinforced by the Schenley Industries company on which it obtained shareholdings.
He also owned the Merchandise Mart, which was the largest building in Chicago, giving the Kennedy family an important center of political operations in that state. He also obtained multimillionaire benefits thanks to the financing given to numerous Hollywood studios, including RKO, of which he became a shareholder. He was also General Counsel and member of the Board of Directors of Bethlehem Steel.
Thanks to his position within the Democratic Party, Kennedy managed successively to occupy the Presidency of the Maritime, Security and Trade Commissions, reaching the position of United States Ambassador to the United Kingdom at the height of his public career. where he tried to execute a policy of rapprochement with Nazi Germany, which cost him the position, being forced to resign.
Despite them, Kennedy did not retreat from politics, instead he promoted the political careers of his children, serving as a political advisor to each and every one of them, to the point of becoming an informal counselor to the government of his son. , JFK, until a stroke, it took away the ability to speak and move. Finally he recovered the movement, but never again would speak, dying months after turning 81 years old, on November 18, 1969.
More Facts about Joseph Kennedy
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