Milton Hershey biography

Synopsis

Early Years

Entrepreneur. The founder of the Hershey Chocolate Company, which popularized chocolate candy throughout world, Milton Snavely Hershey was born September 13, 1857. He was the only surviving child of Veronica "Fanny" Snavely and Henry Hershey.

Born on a farm outside of Derry Church, Pennsylvania, a small farming community in the central part of the state, Hershey spent the early years of his childhood trailing his father, a dreamer who always had his eye out for the next big opportunity. But Henry Hershey lacked the perseverance and work ethic to stick anything out.

By 1867, Hershey's father had largely cut himself out of the family picture. The details around his parents' separation are cloudy, but it's largely believed that Fanny, the daughter of a Mennonite clergyman, had grown tired of her husband's failures.

With Hershey's upbringing left to her, the strict Fanny instilled in her son an appreciation for hard work. At the age 14, Hershey, who'd dropped out of school the year before, expressed an interest in candy making and began apprenticing with a master confectioner in Lancaster, Pennsylvania. Four years later, Hershey borrowed $150 from his aunt and set up his own candy shop in the heart of Philadelphia.

Early Ventures

For five long years Hershey poured his sweat and time into the business. But success eluded him. Finally, he closed shop and headed west, reuniting with his father in Denver, where he found work with a confectioner. It was there that he discovered caramel and how fresh milk could be used to make it.

But the entrepreneur in Hershey wasn't content to work for someone else, and he struck out on his own again, first in Chicago and later in New York City. In both cases, Hershey again failed. In 1883 he returned to Lancaster and, still convinced he could build a successful candy company, started the Lancaster Caramel Company.

Success soon followed. Within a few short years, Hershey had a thriving business and was shipping his caramels all over the country.

The Chocolate King

At the World's Columbian Exposition in Chicago in 1893, Hershey got an up-close look at the art of chocolate making. He was immediately hooked. While his caramel business boomed, Hershey started the Hershey Chocolate Company.

His fascination quickly became focused on milk chocolate, considered a delicacy and largely the domain of the Swiss. Hershey was determined to find a new formula that would allow him to mass-produce and mass-distribute milk chocolate candy.

In 1900 he sold the Lancaster Caramel Company for an astonishing $1 million.