George Hearst (September 3, 1820 – February 28, 1891) was an American businessman, mining magnate, rancher, and politician who built one of the great Gilded Age fortunes through shrewd investments in gold, silver, and copper mines across the American West. He was the patriarch of the Hearst family dynasty and the father of newspaper publisher William Randolph Hearst.
Early Life and Entry into Mining
Hearst was born near present-day Sullivan in Franklin County, Missouri, to William G. Hearst and Elizabeth Collins, of Scots-Irish ancestry. He grew up on a modest family farm (his father operated several small mortgaged farms and a store) with limited formal schooling. From a young age he showed a strong interest in minerals and mining, reading about the subject and gaining practical experience with local lead deposits that had been worked in the region since the 18th century. Local lore later claimed Native Americans called him “the boy the earth talks to” because of his instinct for locating ore.
When his father died in 1846, leaving substantial debts, the 26-year-old George took responsibility for supporting his mother, sister, and disabled brother. He operated a store, leased lead and copper mines, and within a couple of years paid off the family’s obligations. By 1850, with his brother deceased and the family situation stabilized, he joined the California Gold Rush, traveling west with cousins and a small party.
Mining Interests in California
Hearst’s early California years were difficult. Placer mining near Sutter’s Mill and elsewhere yielded little, and a stint running a general store (with an unsuccessful Sacramento branch) left him short of funds. He shifted to quartz mining in the Nevada County area around Grass Valley and Nevada City. He developed the Merrimac Hill mine (named after a Missouri river) and the Potosi, selling them profitably, and in 1857 located the rich LeCompton (or Lecompton) Mine near Nevada City. These successes, combined with practical improvements in extraction methods drawn from his Missouri lead-mining experience, earned him the nickname “Quartz George” and a solid local reputation.
He continued to prospect, deal in claims, raise livestock, and farm in Nevada County while building capital. California remained a base for him throughout his life; he later acquired extensive ranch lands, including the large Piedras Blancas (or Piedra Blanca) Ranch at San Simeon in 1865 and adjoining properties (Santa Rosa and San Simeon ranches), which served as family retreats.
Mining Interests in Nevada (Comstock Lode)
In the summer of 1859, Hearst learned of promising silver assays of “blue stuff” from the Washoe district in what was then western Utah Territory (soon to become Nevada). He hurried across the Sierra, sold his California interests (including the LeCompton), and bought a one-sixth share in the Ophir Mine near present-day Virginia City for roughly $3,000 (accounts vary slightly on the exact figure and partners). He also acquired interests in other Comstock properties, including the Gould and Curry.
That winter he and partners mined high-grade ore, packed it over the mountains by mule, and had it smelted in San Francisco, realizing a large profit (reported around $91,000 after costs on the first major shipment). The Ophir success helped touch off the Washoe/Comstock rush. Hearst’s ability to judge ore and solve separation problems with gold-silver ore made him a millionaire relatively quickly. He constructed a superintendent’s house in Virginia City and expanded holdings on the Comstock Lode, one of the richest silver strikes in U.S. history.
These Nevada successes formed the foundation of his fortune and his later partnership with James Ben Ali Haggin and Lloyd Tevis. The firm of Hearst, Haggin, Tevis & Co. became one of the largest private mining companies in the United States, with interests spanning multiple states and beyond.
Mining Interests in Arizona
Hearst’s Arizona involvement was smaller in scale than his California, Nevada, Utah, South Dakota, or Montana holdings but still notable. He invested in properties in the Tombstone area (including a deal involving the Morning Star Mine around 1880 that reportedly cost him a substantial sum through sharp dealing by a local promoter) and had interests connected to the Tough Nut Lode outside Tombstone.
He also served as a trustee of the North Peer Gold and Silver Mining Company, organized in the mid-1880s to work claims in the Quijotoa District (Pima County, west of Tucson). That short-lived silver boom (peaking 1883–1885 after discoveries on Quijotoa/Ben Nevis Mountain) saw rapid development of camps and companies, though overall returns for many investors, including those in the Peer/Peerless area, proved limited relative to the capital poured in. Hearst’s Arizona activities reflected his pattern of evaluating and buying into promising western districts even as his major capital was deployed elsewhere.
Later Career, Other Mines, Politics, and Family
After the Comstock, Hearst expanded aggressively. Key later successes included the Ontario silver mine in Park City, Utah (backed with Marcus Daly in the early 1870s; it produced millions and helped him weather the Panic of 1873), the Homestake gold mine in Lead, South Dakota (purchased with partners from the Manuel brothers around 1877 for about $70,000 and developed into one of the largest and longest-producing gold mines in U.S. history), and a major interest in the Anaconda copper mine near Butte, Montana (financed with Daly; it became one of the world’s great copper producers). He also held interests in New Mexico (Pacific Mine at Pinos Altos), Mexico, Peru (Cerro de Pasco), and elsewhere.
In 1862, at age 41, he married 19-year-old Phoebe Apperson (against her parents’ initial wishes); they eloped and settled in San Francisco. Their only child, William Randolph Hearst, was born in 1863. Phoebe later became a major philanthropist and managed family interests after George’s death.
Hearst entered politics as a Democrat. He served in the California State Assembly (mid-1860s) and was appointed and then elected U.S. Senator from California, serving from 1887 until his death. He acquired the San Francisco Examiner (reportedly in settlement of a debt) and used it politically; his son later took control and built a vast publishing empire from it.
George Hearst died of stomach cancer in Washington, D.C., on February 28, 1891. Contemporary estimates of his wealth ranged into the hundreds of millions (in period dollars). He left a legacy as one of the most successful practical miners and judges of mining property in the American West, whose instincts and capital helped develop some of the era’s greatest mineral deposits in California, Nevada, Arizona, and far beyond.