Early Life
John Hancock was born on January 23, 1737, in Braintree (now Quincy), Massachusetts. His father, Reverend John Hancock, died when John was seven years old. He was then raised by his uncle, Thomas Hancock, a wealthy merchant in Boston. Thomas had no children, and John was groomed to inherit the family business. Hancock attended Boston Latin School and Harvard University, graduating in 1754.
Rise to Success
After graduating from Harvard, Hancock entered his uncle's mercantile business. Upon his uncle's death in 1764, Hancock inherited the business and became one of the wealthiest men in the colonies. His wealth allowed him to become influential in Massachusetts politics. He was elected to the Boston Assembly in 1765 and became a prominent figure in the revolutionary movement. Hancock's political career included serving as president of the Continental Congress. He was also the first Governor of Massachusetts.
Key Business Strategies
Hancock's business success came from his uncle's import-export business. He expanded the company by traveling to England to meet with consumers and suppliers. Hancock's wealth supported the colonial cause and he used it to fund public projects.
Philanthropy
While details of his modern-day philanthropy are not available, Hancock supported the colonial cause and public projects during his lifetime.