Roger Babson

Roger W. Babson
Babson in 1918
Born(1875-07-06)July 6, 1875
DiedMarch 5, 1967(1967-03-05) (aged 91)
EducationMassachusetts Institute of Technology (BS) (1898)
Occupation(s)Entrepreneur, businessman, economist, writer, philanthropist
Known forBusiness forecasting, founding of universities, predicting Wall Street Crash of 1929
Political partyProhibition Party
Spouse(s)Grace Margaret Knight (m. 1900 – d. 1956)
Nona M. Dougherty (m. 1957 – d. 1963)
Children1

Roger Ward Babson (July 6, 1875 – March 5, 1967) was an American entrepreneur, economist, and business theorist in the first half of the 20th century. He is best remembered for founding Babson College. He also founded Webber College, now Webber International University, in Babson Park, Florida, and the defunct Utopia College, in Eureka, Kansas.

Babson was born to Nathaniel Babson and his wife Ellen Stearns as part of the 10th generation of Babsons to live in Gloucester, Massachusetts. Roger attended Massachusetts Institute of Technology and worked for investment firms before founding Babson's Statistical Organization (1904), which analyzed stocks and business reports; it continues today as Babson-United, Inc.[1]

On March 29, 1900, Babson married his first wife, Grace Margaret Knight, who died in 1956. In 1957, he married Nona M. Dougherty, who died in 1963. Babson died in 1967.

  1. ^ Babson-United, Inc. "Babson-United". Babson-United, Inc. Archived from the original on May 23, 2007. Retrieved May 22, 2007.: A Short History of Roger L. Babson's firm