Edward Francis Hutton
Edward Francis Hutton (
September 7,
1875,
New York City -
July 11,
1962,
Westbury,
Long Island,
New York) was an
American financier and co-founder of
E. F. Hutton & Co..
Edward Hutton was born to James Laws Hutton, who left an
Ohio farm to work in New York City. At the age of 37 Hutton's father died, leaving ten-year-old Edward to be raised by his mother. As a schoolboy, Hutton attended
New York Latin School before transferring to
Public School 69. During his adolescence, he worked in a gear factory at age fifteen and then two years later in the mailroom of a securities firm. He completed his studies by taking classes at
Trinity Chapel High School and
Packer's Business College.
His second wife was
General Foods heiress
Marjorie Merriweather Post, whom he married in
1920. During their marriage (which ended in divorce in
1935) they built several famous houses including
Mar-A-Lago (now owned by Donald Trump and operated as the Mar-a-Lago Club) in
Palm Beach, Florida, and the largest privately owned sea-going yacht of the era, the "Hussar V", which is best known as the
Sea Cloud. Their only child, actress
Dina Merrill, (born Nedenia Marjorie Hutton) for years served as the only female director on the board of the company her father founded in
1914. The Huttons divorced after evidence of Hutton's affairs with other women became public.
Hutton's younger brother,
Franklyn Laws Hutton (1877-1940), married Edna Woolworth, the
dime store heiress and was the father of
Barbara Hutton.
*"Edward F. Hutton, Financier, 86, Dies" (July 12, 1962).
New York Times, p. 29.
See
List of personalities associated with Wall Street.
*
West Palm West Historical Society, Mar-A-Lago*
The Sea Cloud
