William Benitz Page last modified:
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William Benitz
ca.1855, age 40+/-

(Source: John C. Benitz)

 

William Benitz
Capitalist
California 1845 - 1874
(ages: 30 - 59)

We knew from his letters and court testimony that he had invested in mines.  However, it was not unitl we researched William’s purchase of Fort Ross that we discovered he had other smaller properties, and that while living in Oakland he traded extensively in real estate.  To date, we have only researched his real estate transactions in Sonoma and Alameda counties.  We are certain there are more in other California counties, as well as investments in mining ventures in Nevada.

Investments:

Sonoma County Real Estate (1845-1867)
Though William's primary purpose was owning and operating Fort Ross, to reach that goal he traded real estate (ranches), and when he eventually sold Fort Ross he did so profitably.
Alameda County Real Estate (1867-1874)
While in Oakland, William was listed as a capitalist; he invested in mines, but he also traded real estate.  In terms of real estate alone, he doubled his capital in 7 years.
Mining (1845-1874)
In addition to selling the mining rights to parts of Fort Ross, we know from court testimony and letters that he invested in mines.  We suspect he had investments in Nevada county (California) and in Washoe county (Nevada).  We have not (yet) researched his mining investments.  He must have done well for, according to one of his letters, he had $36,000 invested making $500 per month (17% p.a.).

© Peter Benitz (Benitz Family)