Henry Price
Photo: Royal Institute of International Affairs (Chatham House) - James Gunn, CC BY-SA 4.0, via Wikimedia Commons9

Henry Price

British businessman and philanthropist

Sir Henry Philip Price, 1st Baronet (17 February 1877 – 12 December 1963) was a British businessman and philanthropist.2

From Wikipedia’s article on Henry Price (this version), CC BY-SA 4.0.

Born Feb 17, 1877, died Dec 12, 1963.1

About

Price was born in Leeds to Joseph Price and Elizabeth Helen Price. In 1919, he opened a tailor's shop in Silsden, then in the West Riding of Yorkshire now West Yorkshire.

He prospered by introducing the suit to those who previously could not afford one. A factory in Leeds produced the suits, which were ordered by customers from the company's branches. The company was known as the Fifty Shilling Tailors, £2.50 in current terms but not current monetary worth; for example, 50 shillings in 1940 had a purchasing value of approximately £70.00 in today's financial market (value as of 2005).

In 1953, the company was bought by United Drapery Stores, who used one of the Price group's trade names, John Collier.

Sir Henry Price used part of his fortune in the promotion of botany and has a garden named after him at Kew Gardens. In 1938, he bought Wakehurst Place, an Elizabethan mansion built in 1590 and set in 500 acres, which he left to the nation in 1963 and the Royal Botanic Gardens, Kew took a lease on it from the National Trust in 1965. It is now the home of the Millennium Seed Bank as well as a number of National Collections of trees (birch, beech and Skimmia family of shrubs).

From Wikipedia’s article on Henry Price, shared under CC BY-SA 4.0.2

Companies

Career

Occupation: entrepreneur, businessperson.4

Personal life

  • BornFeb 17, 1877, Leeds5
  • DiedDec 12, 1963, sea6
  • CitizenshipUnited Kingdom7